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Putin in trade push on final day of China trip
Putin in trade push on final day of China trip
by  AFP

Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine. Putin will hold a press conference with Russian media later in the day.

Chinese officials meet to mull support for developers: Bloomberg
Chinese officials meet to mull support for developers: Bloomberg
by  AFP

Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported. Among those plans could be a scheme by Beijing to have local governments purchase millions of unsold homes across the country, Bloomberg said.

US ends leasing in its largest coal-producing region
US ends leasing in its largest coal-producing region
by  AFP

President Joe Biden's government on Thursday announced it was ending coal leases in the Powder River Basin, the nation's largest coal-producing region, drawing condemnation from the mining sector and praise from environmentalists. It won't affect current coal leases in the region, which spans southeast Montana and northeast Wyoming.

Exhibition traces Jewish origins of Hollywood
Exhibition traces Jewish origins of Hollywood
by  AFP

A new exhibition opening in California this weekend traces the Jewish origins of Hollywood. The exhibition, which is on permanent display at the Academy Museum of Motion Pictures, takes its name from the original sign that loomed over downtown Hollywood.

Stocks waver after hitting record highs
Stocks waver after hitting record highs
by  AFP

Stock markets wavered Thursday following record-breaking rallies that were fuelled by cooling US inflation, though Wall Street pushed ahead with the Dow topping the 40,000-point mark mid session for the first time.

Walmart profits rise on strong sales from wealthier shoppers
Walmart profits rise on strong sales from wealthier shoppers
by  AFP

Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales. The improved sales to wealthier shoppers reflect a focus on affordable pricing and convenience, as well as a greater attention to products such as fresh food, company executives said on a conference call.

China's Baidu posts weakest quarterly revenue growth in over a year
China's Baidu posts weakest quarterly revenue growth in over a year
by  AFP

Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies. The figure represents a year-on-year increase of one percent -- the slowest quarterly revenue growth recorded by Baidu since the final quarter of 2022.