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Business

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Wall Street rebounds as sell-off of day earlier is reversed
Wall Street rebounds as sell-off of day earlier is reversed

NEW YORK, New York -  U.S. stocks staged a dramatic turnaround on Thursday, regaining most of the ground lost on the inflation surge...

SpaceX IPO draws massive investor interest, sources say
SpaceX IPO draws massive investor interest, sources say

NEW YORK CITY, New York: Investor demand for SpaceX's blockbuster initial public offering has exceeded US$250 billion, far surpassing...

Boots owners weigh sale as London IPO plans fade
Boots owners weigh sale as London IPO plans fade

LONDON, U.K.: British retailer Boots is discussing a potential $10 billion (£7.5 billion) sale with prospective buyers, a move that...

Existing home sales jump as buyers return to housing market
Existing home sales jump as buyers return to housing market

WASHINGTON, D.C.: Sales of previously owned homes in the United States rose to their strongest pace of the year in May, signaling renewed...

Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%
Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%

NEW YORK, New York - U.S. stocks tumbled on Wednesday as the latest CPI reading showed inflation in the United States has surged to...

OpenAI joins Anthropic in move toward blockbuster IPO
OpenAI joins Anthropic in move toward blockbuster IPO

SAN FRANCISCO, California: OpenAI has confidentially filed for a U.S. initial public offering, becoming the latest artificial intelligence...

China

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Learn from Ukraine, Gulf wars on defense spending, Taiwan advised
Learn from Ukraine, Gulf wars on defense spending, Taiwan advised

TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...

EU weighs supply chain diversification requirements
EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

Rudraksha farming in Nepal: Prosperity meets peril as farmers chase Chinese market demand
Rudraksha farming in Nepal: Prosperity meets peril as farmers chase Chinese market demand

By Binod Prasad Adhikari Bhojpur [Nepal], June 12 (ANI): For three decades, Ashok Karki's family has tended to the towering Elaeocarpus...

Cambodia's tallest bridge built by Chinese firm boosts commerce, tourism
Cambodia's tallest bridge built by Chinese firm boosts commerce, tourism

PURSAT, Cambodia, June 12 (Xinhua) -- Built by a Chinese company here in Cambodia's western Pursat province, the nation's tallest bridge...

ETHIOPIA-ADDIS ABABA-CHINA-AFRICA THINK TANK ENERGY FORUM
ETHIOPIA-ADDIS ABABA-CHINA-AFRICA THINK TANK ENERGY FORUM

(260611) -- ADDIS ABABA, June 11, 2026 (Xinhua) -- Erastus Mwencha, former deputy chairperson of the AU Commission and current chairperson...

(SP)MEXICO-MEXICO CITY-FOOTBALL-FIFA WORLD CUP-OPENING CEREMONY
(SP)MEXICO-MEXICO CITY-FOOTBALL-FIFA WORLD CUP-OPENING CEREMONY

(260612) -- MEXICO CITY, June 12, 2026 (Xinhua) -- Artists perform during the opening ceremony of the 2026 FIFA World Cup at Mexico...

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