Hong Kong's popular Octopus tap-and-go card will be accepted on public transport in more than 336 mainland Chinese cities from Tuesday, the e-payment company has announced. Under the new scheme, the Octopus-China card will be accepted on buses, subways, trains and ferries in about half of the cities in mainland China.
Airline watchdogs were on Tuesday investigating why a Boeing-made LATAM plane bound for New Zealand suddenly lost altitude mid-flight, dropping violently and injuring dozens of terrified travellers. Data from airline tracker FlightAware showed the plane began losing altitude about two hours into the three-hour flight.
Asian markets mostly rose Tuesday following the previous day's sell-off, with focus on the release of US inflation data that could play a key role in the Federal Reserve's decision-making on cutting interest rates. The prospect of US interest rates coming down this year has played a role in pushing bitcoin to new record highs, with the cryptocurrency peaking at $72,880.
Wins for "Oppenheimer," live musical performances from "Barbie" and an (almost) naked John Cena helped lift Oscars ratings for a third consecutive year, early viewing figures showed Monday, as 19.5 million tuned in to watch Hollywood's big night.
President Joe Biden's ambitious 2025 budget proposal, published Monday, is almost certain to be dead on arrival in the sharply divided US Congress ahead of presidential elections later this year.
Twelve passengers were hospitalised Monday after a technical problem on a LATAM flight from Sydney to Auckland caused the Boeing-made plane to dip violently, the airline and first responders told AFP. At least one person was in serious condition after flight LA800 experienced an unspecified "technical event" over the Tasman Sea.
A British hedge fund trader accused of defrauding Danish tax authorities in a billion-dollar scam went on trial in Copenhagen on Monday, with the government hoping to recover the money in the blockbuster case. The case has been widely covered by the media in Denmark, where the state is hoping to recover its money.
Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, researchers said on Monday.
China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures. And housing minister Ni Hong added that fixing the property market -- which long accounted for around a quarter of China's economy -- remained "very difficult".
Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week. Bitcoin fell slightly, having hit a fresh record high above $70,000 for the first time on Friday as demand picks up and traders grow optimistic about the prospect of interest rates coming down this year.
Economy
Load more
