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Business

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Wall Street has relapse Wednesday, after Tuesday's heady gains
U.S. stocks slide as 30-year bond yields top 5 percent

NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...

China’s GAC launches in Brazil as EV demand accelerates
China's GAC enters Brazil EV market, plans factory by 2026

SAO PAULO, Brazil: Amid a surge in electric vehicle (EV) adoption and growing competition in Brazil, Chinese automaker GAC has officially...

McDonald’s to shut down CosMc’s drink spinoff after short run
McDonald's to close standalone beverage concept

CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...

China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

Southeast Asia

Section
ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension
ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension

KUALA LUMPUR, Malaysia - At a meeting on Tuesday in the Malaysian capital, Kuala Lumpur, ASEAN leaders reiterated their commitment...

Trump-backed $1.5 billion golf project breaks ground near Hanoi
Trump Organization breaks ground on $1.5 billion golf club in Vietnam

HUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...

Fresh Vietnamese leaves add color to traditional Chinese festival
Fresh Vietnamese leaves add color to traditional Chinese festival

KUNMING, May 29 (Xinhua) -- A total of 8.8 tonnes of fresh Vietnamese zongzi leaves have streamed into processing workshops in southwest...

China to transform destinies of young Pakistani workforce through employment opportunities: Minister
China to transform destinies of young Pakistani workforce through employment opportunities: Minister

ISLAMABAD, May 29 (Xinhua) -- Pakistan's Minister of State for Federal Education and Professional Training, Wajiha Qamar, said Tuesday...

Asia Album: Ox cart race in Phetchaburi, Thailand
Asia Album: Ox cart race in Phetchaburi, Thailand

PHETCHABURI, Thailand, May 29 (Xinhua) -- Contestants competed during an ox cart race in Phetchaburi Province of Thailand on Wednesday....

Indian diaspora, foreign nations back India's stand on terrorism, says All-party delegation member Rajeev Rai
Indian diaspora, foreign nations back India's stand on terrorism, says All-party delegation member Rajeev Rai

Athens [Greece], May 29 (ANI): Samajwadi Party MP Rajeev Rai, who is part of the all-party delegation led by DMK MP Kanimozhi Karunanidhi,...

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