HONG KONG — Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil prices were lower. Chinese stocks fell in morning trading on Friday. The Shanghai Composite lost 1.6% to 3,249.14, and the CSI … Read more
QUETTA, Pakistan — Gunmen killed 20 miners and wounded another seven in Pakistan’s southwest, a police official said Friday, drawing condemnation from authorities who have ordered police to trace and arrest those who are behind the killings. It’s the latest attack in restive Balochistan province and comes days ahead of a major security summit being … Read more
FORT WORTH, Texas — Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are expected in court on Friday, where their lawyers will ask a federal judge to throw out a plea agreement that the aircraft manufacturer struck with federal prosecutors. The family members want the government … Read more
SEOUL, South Korea — South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt. The Bank of Korea lowered its key interest rate by a quarter percentage point to 3.25% … Read more
MACAO — Some 400 pro-establishment electors are set to approve the sole candidate for Macao’s chief executive job on Sunday, making him the Chinese casino hub ’s first leader born in mainland China. It’s a break from the longtime practice of choosing locally-born leaders, usually from prominent business families, for the former Portuguese colony. Nearly … Read more
TOKYO — Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a “technical partner” of American racing team Haas. There will be Toyota branding on the Haas cars starting from next week’s United States Grand Prix in Austin, Texas, and the auto giant’s racing division will provide “design, technical and … Read more
Fourth grader Naiya White knows what you think about her twice-daily beauty regimen and her Sephora shopping trips. “I heard all you guys were freaking out about 10-year-olds using skin care,” she says in a TikTok video posted last month, standing outside a Sephora store in Grand Junction, Colo. “So let’s go pick some out!” … Read more
McDonald’s is putting Beyond Meat’s plant-based chicken McNuggets on its French menu, marking an expansion of the El Segundo company’s European business. The Veggie McPlant Nuggets, made from wheat and pea proteins, will be served at all of McDonald’s 1,560 restaurants in France on a permanent basis, the fast-food company said this week. “With a … Read more
A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty Images Summer trips to Europe are getting too hot for thousands of tourists. Delta Air Lines President Glen Hauenstein … Read more
Getty Images There is growing speculation that the way pensions are taxed could be changed in the Budget. Chancellor Rachel Reeves says she needs to find £22bn and some experts say she could change the system on workplace or private pensions to find some of this money. This is separate from another debate about the … Read more