Posts Tagged ‘Stoke’
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles [BEIJING] Shares of Chinese electric vehicle (EV) maker Xiaomi suffered their biggest weekly loss in more than 3½ years on Friday (Oct 17), after media reported two separate accidents involving its best-selling model this week. Xiaomi shares ended the day 3.7 per cent…
Read MoreUS Adversaries Stoke Kirk Conspiracy Theories, Researchers Warn
Russian, Chinese, and Iranian state media are exploiting conservative activist Charlie Kirk’s assassination to advance thousands of false claims aimed at undermining the United States and other adversaries, a research group warned Wednesday. Official media in the three countries mentioned Kirk — a close ally of President Donald Trump — 6,200 times since the activist…
Read MoreEurope: Stocks retreat at close as weak US payrolls stoke slowdown fears
[BENGALURU] European stocks surrendered early gains to finish lower on Friday (Sep 5), dragged by energy and financial shares, as investors turned cautious after softer-than-expected US payrolls data heightened concerns about cracks in the world’s largest economy. The pan-European Stoxx 600 ended 0.16 per cent lower at 549.21, with the energy index weighing heavily with…
Read MoreChina banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their pension shortfalls as lenders get creative amid soft borrowing demand. Banks in Hunan and Sichuan provinces have, over the past few months, offered loans for borrowers to increase their contributions to China’s…
Read MoreStocks slide; bonds, gold buoyed as tariffs stoke recession fears
[LONDON] Major global share markets fell sharply on Monday (Mar 31) and gold surged to another new record after US President Donald Trump said tariffs would essentially cover all countries, stoking worries that a global trade war could lead to a recession. Trump’s comments to reporters on Air Force One seemed to dash hopes that…
Read MoreArrests, Intimidation Stoke Fear In Pakistan’s Politics
A crackdown on Pakistan’s main opposition party that has seen dozens of leaders and lawmakers detained or driven into hiding has sent fear coursing through the movement founded by ex-PM and cricket star Imran Khan. “It’s not easy to be a politician in Pakistan,” says Maryam, the wife of an MP from Khan’s Pakistan Tehreek-e-Insaf…
Read MoreEuro drops as glum PMI readings stoke bets on more ECB easing
THE euro fell against the US dollar on Monday (Sep 23) as business activity readings painted a grim picture of the eurozone economy and fuelled bets on more interest rate cuts by the European Central Bank (ECB) this year. The currency dropped 0.4 per cent to US$1.1122, recovering from losses of as much as 0.7…
Read MoreAsia: Markets tumble as US jobs data stoke recession fears
ASIAN markets tumbled on Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world’s top economy. The big miss in the August non-farm payrolls reading was compounded by heavily revised down figures for the previous two months and ramped up bets on a Federal Reserve interest rate…
Read MoreAsian Markets Tumble As US Jobs Data Stoke Recession Fears
Asian markets tumbled Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world’s top economy. The big miss in the August non-farm payrolls reading was compounded by heavily revised down figures for the previous two months and ramped up bets on a Federal Reserve interest rate cut…
Read More‘Bending Of Reality’: US Liberals Stoke Political Conspiracies
From false claims of a “staged” assassination attempt on Donald Trump to a viral joke about his running mate having sex with a couch, American liberals have taken a page from the far-right’s playbook in pushing wild conspiracy theories ahead of US elections. The liberal and left-wing warping of reality — a trend some call…
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