Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company’s logo on it, during an event in which Malaysia’s Prime Minister Anwar Ibrahim officially announces a $250 million deal with the company, in Kuala Lumpur, Malaysia March 5, 2025. Hasnoor Hussain | Reuters Arm shares dropped more…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters When the Federal Open Market Committee met in March, U.S. President Donald Trump had yet to unleash his so-called…
A J-10C fighter jet of the Chinese air force’s Ba Yi’s aerobatics team conducting adaptive training. Vcg | Visual China Group | Getty Images Tensions between India and Pakistan are rising, with Chinese defense stocks surging after Pakistan’s apparent use of China-made weapons to down Indian jets. Pakistan’s Foreign Minister Ishaq Dar claimed on Wednesday…
Tensions were high across India and Pakistan on Thursday, with airports shut down and security drills under way in major border cities, amid warnings by Pakistan that it intended to retaliate for Wednesday’s strikes. In a speech late on Wednesday night, prime minister Shehbaz Sharif said he would “solemnly swear that we will avenge each…
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year guidance. The company, widely regarded as a barometer…
The New York Knicks are headed back to Madison Square Garden with a 2-0 lead in their second-round series against the Boston Celtics after stealing another game on the road Wednesday, but being in the building for Game 3 will come at a steep price. According to TickPick, Game 3 at MSG will be the…
Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban during their joint press conference at the Kremlin on July 5, 2024. Contributor | Getty Images News | Getty Images Russia’s allies in Eastern Europe say Brussels plans to end all Russian gas and energy imports in the coming years are tantamount to “economic suicide”…
Shai Gilgeous-Alexander scored 34 points in three quarters, and the Oklahoma City Thunder set league and team records in a 149-106 win over the Denver Nuggets on Wednesday night that tied the Western Conference semifinal series at one game apiece. Oklahoma City set an NBA playoff record for first-half points with 87, surpassing the 86…
President Trump said Wednesday that he would not lower high tariffs on goods from China ahead of talks this weekend between U.S. and Chinese officials, despite requests from Beijing to do so. Asked by reporters in the Oval Office if he would reduce tariffs on Chinese exports — which are now at a minimum of…
A factional war risks overshadowing the start of Labor’s second term in power, with senior ministers Mark Dreyfus and Ed Husic at risk of being pushed out of cabinet in a fight party sources describe as increasingly ruthless. Ahead of the first caucus meeting after Labor’s stunning election victory, due to take place at Parliament…
