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13876 articles published since 08 Mar 2022

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China's Baidu cancels $3.6 bn purchase of livestreaming site
China's Baidu cancels $3.6 bn purchase of livestreaming site
Technology

Chinese internet giant Baidu has said it was cancelling the planned multi-billion-dollar purchase of livestreaming platform YY Live, partly blaming its inability to get government approval. Baidu, the country's top search engine company, agreed in 2020 to buy JOYY Inc's Chinese live video business YY Live for $3.6 billion.

New year gets off to a weak start as traders eye rate cuts
New year gets off to a weak start as traders eye rate cuts
Economy

Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty. Despite the upbeat outlook on rates, Asian markets started the year with little fanfare, with Hong Kong and Shanghai extending their 2023 losses.

Ethiopia, Somaliland agree deal on port access
Ethiopia, Somaliland agree deal on port access
Economy

Ethiopia on Monday struck a "historic" agreement to secure a stake in the main port in Somalia's breakaway region of Somaliland as the landlocked country eyes more access to the sea, officials said. The agreement "shall pave the way to realise the aspiration of Ethiopia to secure access to the sea and diversify its access to seaport," the office said in a statement posted on X, formerly Twitter.

Campaigning journalist John Pilger dies aged 84
Campaigning journalist John Pilger dies aged 84
Economy

Australian-born investigative journalist and documentary maker John Pilger, known for his support for WikiLeaks founder Julian Assange and his coverage of the aftermath of Pol Pot's regime in Cambodia and the Thalidomide scandal, has died in London, his family said Sunday.

China's Xi hails 'resilient' economy in bullish New Year speech
China's Xi hails 'resilient' economy in bullish New Year speech
Economy

President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls. - Greetings to Putin - Xi sent new year greetings to Russian President Vladimir Putin earlier Sunday in which he hailed strengthening ties with Moscow in 2023, according to an official foreign ministry readout.

Eurostar services resume as cause of flooded tunnel probed
Eurostar services resume as cause of flooded tunnel probed
Economy

Eurostar warned customers travelling from London on Sunday of potential delays after flooding forced the cancellation all Saturday trains. It announced late Saturday that all scheduled trains would run on Sunday after an estimated over 30,000 people were impacted by the last-minute cancellations.

Ukraine says 13 million tonnes exported through Black Sea corridor
Ukraine says 13 million tonnes exported through Black Sea corridor
Economy

Ukraine has exported about 13 million tonnes of merchandise on some 400 ships since setting up a protected maritime corridor in August to fend off Russian threats, a government minister said Saturday. The now-defunct accord had allowed Ukraine to export nearly 33 million tonnes of cereals and other foodstuffs over a year.

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