4 h. ago China's central bank buys gold in August for 10th consecutive month

China's central bank buys gold in August for 10th consecutive month  Business Standard

Economics

5 h. ago The online radicalisation of Australia is here and Elon Musk is a part of it

Late last month, rallies were staged across various Australian cities under the branding “March for Australia”. The rallies, which were attended by avowed neo-Nazis and elected politicians alike, called for an end to mass migration. These protests are not unique to Australia. Recently, the United Kingdom has seen its own wave of anti-migrant demonstrations in cities such as London, Bristol and Birmingham. Despite claims by some that the Australian rallies were “hijacked” by the neo-Nazi National...

Politics

7 h. ago Trump admin launches immigration crackdown in Massachusetts, reports say

The Trump administration has launched an operation in Massachusetts to arrest and deport undocumented immigrants, The New York Times and Boston media reported on Saturday, quoting the US Department of Homeland Security as saying it was targeting “criminal aliens” living in the state. DHS and its US Immigration and Customs Enforcement arm are calling the operation Patriot 2.0, modifying the name of a May deportation surge that led to the arrest of 1,500 people in the state, according to the...

Politics

12 h. ago RFK Jnr’s family members say he’s a threat to Americans’ health

Members of Robert F. Kennedy Jnr’s family are calling for him to step down as health secretary following a contentious congressional hearing this past week, during which the Trump cabinet official faced bipartisan questioning about his tumultuous leadership of federal health agencies. Kennedy’s sister, Kerry Kennedy, and his nephew, Joseph P. Kennedy III, issued scathing statements on Friday, calling for him to resign as head of the Health and Human Services Department. The calls from the...

Events

17 h. ago Will America’s extended trade truce with China be a boon for farmers in the US Midwest?

There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow approach to Beijing will eventually bear fruit in the form of more orders from China as well as other trading partners. Others fear that no combination of new markets will replace the...

Politics

20 h. ago Excluded from Beijing, Trump confronts the limits of his global power

Excluded from Beijing, Trump confronts the limits of his global power  Salon.com

Politics

21 h. ago ‘He will be missed’: thousands pay respects to fashion icon Giorgio Armani

Thousands of mourners paid homage on Saturday to Italian fashion legend Giorgio Armani, who died this week aged 91, as his coffin was put on public display in Milan. Crowds filed past the wooden closed casket in a darkened room lit by paper candles and an image of the designer on a big screen. Armani, the head of a multibillion-dollar luxury fashion empire, died on Thursday after months of fragile health and will be laid to rest at a private funeral on Monday in Milan. Hundreds of people queued...

Politics

24 h. ago India’s Modi hails US ties after Trump’s ‘always be friends’ comments

Indian Prime Minister Narendra Modi said on Saturday that New Delhi and Washington still shared “very positive” ties after US President Donald Trump reaffirmed their personal friendship and downplayed his earlier remarks about “losing India” to China. The exchange comes amid strains after Washington imposed tariffs of up to 50 per cent on Indian imports, accusing New Delhi of fuelling Moscow’s deadly attacks on Ukraine by purchasing Russian oil. But Trump and Modi, both right-wing populists,...

Politics

25 h. ago US Trump to host G20 summit at his Florida golf club, claims he won’t make money

US President Donald Trump said on Friday he would host the 2026 G20 summit at his own golf resort in Miami despite abandoning a similar move in his first term after accusations of corruption. Billionaire Trump said his Trump National Doral resort and spa was the ideal choice for the gathering in December next year because it was “beautiful” and the Florida weather was nice. “It’s going to be at Doral,” Trump told reporters in the Oval Office after announcing that Miami would be the venue for...

Politics

30 h. ago Venezuela’s Maduro calls for talks after Trump’s threat over military jets

Venezuelan leader Nicolas Maduro has called for dialogue with Washington, hours after President Donald Trump threatened to shoot down Venezuelan military jets if they pose a danger to US forces. Tensions between the two countries soared in recent days after the Pentagon accused Venezuela of buzzing its ships in the Caribbean following a deadly US strike on an alleged Venezuelan drug boat. “None of the differences we have and have had can lead to a military conflict,” Maduro said on Friday in a...

Events

30 h. ago Trump and China reshape ‘east meets west’ role for Hong Kong university

Trump and China reshape ‘east meets west’ role for Hong Kong university  Financial Times

Politics

33 h. ago China’s biotech industry is gaining on the US. Can tariffs hold them back?

In the summer of 2015, a time when China’s pharmaceutical market was in a phase of rapid expansion, a sudden regulatory change sent tremors through the industry: drug companies would need to audit the clinical trial data for all pending applications. If withdrawn within a month of the announcement, firms could avoid penalties for submitting flawed applications, but hiding or falsifying data would court severe punishments, including multi-year filing bans. The response from the industry indicated...

Economics

34 h. ago China Joins Big Oil in Opposition to Trump’s Biofuel Proposal

China Joins Big Oil in Opposition to Trump’s Biofuel Proposal  Yahoo Finance

Politics

34 h. ago Trump suggests India is moving towards ‘deepest, darkest’ China orbit

Trump suggested on Friday that India is drifting towards China’s orbit, even as his assertive tariffs and public rebukes have tested ties with New Delhi. Aides are warning that India could soon regret its stance and even face new curbs. “Looks like we’ve lost India and Russia to deepest, darkest, China. May they have a long and prosperous future together,” the “America first” president wrote on social media. His remarks were posted alongside a photo of Indian Prime Minister Narendra Modi,...

Politics

36 h. ago Canada’s Carney unveils billions in relief hit by Trump and China tariffs

Canadian Prime Minister Mark Carney on Friday rolled out a multibillion-dollar relief package for businesses battered by tariffs imposed by both the US and China. Carney said his government will invest C$5 billion (US$3.6 billion) through a new fund to help firms adapt, diversify and grow, as well as boost Business Development Bank of Canada loans for small and medium-sized businesses and expand a loan facility for tariff-hit large enterprises. He also said his government would waive 2026 model...

Politics

37 h. ago Navy Seals killed North Korean civilians in botched 2019 mission: US report

US Navy Seals shot and killed a number of North Korean civilians during a botched covert mission to plant a listening device in the nuclear-armed country during high-stakes diplomatic negotiations in 2019, The New York Times reported on Friday. Citing unidentified sources, including current and former military officials with knowledge of the still-classified details, the newspaper said US President Donald Trump approved the operation during his first administration, as he was involved in...

Events

38 h. ago Texas law curbing Chinese property rights takes effect, no relief in sight for months

A Texas law restricting property ownership and leasing by Chinese citizens came into effect this week, thrusting affected residents into legal limbo with no path to relief before November. The law, which restricts real estate purchases by companies, individuals and government entities linked to countries that the federal government deems a threat to the US, took effect on September 1 after a legal challenge failed to block it in time. The legislation identifies China, Iran, North Korea and...

Society

38 h. ago Trump says U.S. 'lost' Russia, India to 'deepest, darkest, China' after 3 leaders met at Chinese summit

Trump says U.S. 'lost' Russia, India to 'deepest, darkest, China' after 3 leaders met at Chinese summit  Spectrum News

Politics

39 h. ago Google hit with US$3.45 billion EU antitrust fine over adtech practices

Alphabet’s Google was hit with a €2.95 billion (US$3.45 billion) EU antitrust fine on Friday for anticompetitive practices in its lucrative adtech business, marking its fourth penalty in its decade-long fight with EU competition regulators. The move by the European Commission was triggered by a complaint from the European Publishers Council and comes amid a threat by US President Donald Trump to retaliate against the European Union for any push against Big Tech. The EU competition enforcer had...

Economics

39 h. ago EU hits Google with US$3.45 billion fine, drawing tariff threat from Trump

The EU on Friday slapped Google with a massive €2.95 billion (US$3.45 billion) antitrust fine for favouring its own advertising services, drawing a furious rebuke from US President Donald Trump and a threat of fresh tariffs against Europe. Google vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc. “Google abused its dominant position in adtech, harming publishers, advertisers, and consumers. This behaviour is illegal...

Economics