Dominic Sirico 
Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country’s battered property sector, sending real estate firms soaring. The move provided some hope for the world’s number two economy, which has been dragged by a long-running debt crisis among major developers. However, the news was not enough … Read more
Taiwan’s president-elect Lai Ching-te, a staunch defender of the island’s democracy, will be sworn into office Monday as Beijing ratchets up military and diplomatic pressure on Taipei. China, which claims Taiwan as part of its territory, has branded Lai a “dangerous separatist” who will bring “war and decline” to the self-ruled island. Lai will succeed … Read more
German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion). Innomotics, a subsidiary whose motors and other systems are used in a variety of industries including chemicals, oil, utilities and automotive, employs around 15,000 people. The group … Read more
* This is a contributed article and this content does not necessarily represent the views of IBTimes. OQtima has rapidly established itself as a prominent player in the forex brokerage industry. This growth can be attributed significantly to the seasoned professionals who steer the company. These industry veterans hail from reputable firms such as IC … Read more
Languishing behind bars since 2016, Selahattin Demirtas has waged a relentless battle against Turkish President Recep Tayyip Erdogan while profoundly expanding the national appeal of his leftist pro-Kurdish party. A telegenic former lawyer who ran against Erdogan twice — the second time from jail — Demirtas has transformed his Peoples’ Democratic Party (HDP) into a … Read more
* This is a contributed article and this content does not necessarily represent the views of IBTimes. In an era where financial prudence reigns supreme, making smart choices extends beyond daily expenses to major investments like vehicles. For those seeking to maximize their budget without compromising on quality, pre-owned vehicles offer a compelling solution. With … Read more
As Australia’s unemployment rate in April jumped to 4.1% from a 3.9% in March, it diminished another chance for a hike in interest rate by the Reserve Bank of Australia (RBA). While the official number of unemployed people increased by 30,300 last month, the number of employed people increased by 38,500. “A 30,000 people increase … Read more
Another masterpiece emerging from chaos, or just a chaotic mess? One of Hollywood’s most mythologised directors, Francis Ford Coppola, returns Thursday to the Cannes Film Festival with the almost impossibly hyped “Megalopolis”. He has been in this position before, 45 years ago, when the shoot for “Apocalypse Now” turned into now-legendary mayhem and looked destined … Read more
Israel said Thursday that five of its troops were killed by friendly fire in a Gaza battle, as a rift emerged inside the war cabinet on how the Palestinian territory should be ruled in future. More than seven months into the conflict sparked by Hamas’s October 7 attack, Israeli forces were fighting Palestinian militants in … Read more
It’s crunch time for Donald Trump’s defense team as they take another stab Thursday at Michael Cohen, the key witness in the criminal trial in which the former president is accused of fraudulently covering up his affair with a porn star to influence his first presidential bid. It will be a vital day for Trump’s … Read more
