• Britain eases virus quarantine as US under siege
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    Britain eases virus quarantine as US under siege

    Britain on Friday announced the first exemptions from its quarantine rules as the coronavirus outbreak slowed in Europe, but excluded the United States as the pandemic accelerates in the United States and across the Americas. With Europe reopening after an unprecedented lockdown, travellers arriving

  • Modi rallies Indian troops after China border clash
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    Modi rallies Indian troops after China border clash

    Prime Minister Narendra Modi made a surprise visit to rally Indian troops near a disputed frontier with China Friday, telling them the country's enemies had seen their "fire and fury" following a deadly border clash last month. The incident in the Galwan Valley in Ladakh saw 20 Indian

  • Australian mountains ditch King Leopold name
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    Australian mountains ditch King Leopold name

    An Australian mountain range named after Belgium's notorious King Leopold II was given a new title reflecting its traditional owners on Friday, as officials shed the connection to an "evil tyrant". Authorities in Western Australia said the 600-kilometre (370-mile) King Leopold Ranges in

  • China takes on more conflicts around the world
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    China takes on more conflicts around the world

    From remote Himalayan valleys to small tropical islands and tense Western capitals, an increasingly assertive China is taking on conflicts around the world like never before as the United States retreats. China's imposition this week of a controversial security law in Hong Kong, defying a barrage

  • Asian stocks extend gains as US jobs trump virus worries
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    Asian stocks extend gains as US jobs trump virus worries

    Asian investors welcomed a forecast-busting US jobs report to send regional equities higher on Friday, though an acceleration in virus infections across the world's top economy tempered big gains. While the US registered more than 50,000 new cases for a second straight day and authorities across

  • Tencent launches new U.S. game studio for global appeal
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    Reuters

    Tencent launches new U.S. game studio for global appeal

    Tencent Holdings, China's biggest social media and video game company, launched a new California-based studio this week, as it looks to further expand its presence overseas. The new studio, LightSpeed LA, will be led by former Rockstar veteran Steve Martin and will focus on the development and publishing

  • Luckin Coffee sticks by chairman despite scandal over fake sales
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    Luckin Coffee sticks by chairman despite scandal over fake sales

    Embattled coffee chain Luckin Coffee has decided against ousting its founder and chairman, despite an internal investigation concluding that last year's revenue included millions of dollars in fake sales. The massive financial scandal has already cost the company two top executives, caused shares

  • Taiwan's Foxconn says customs clearing procedures in India have been resolved
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    Taiwan's Foxconn says customs clearing procedures in India have been resolved

    Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants. Foxconn's customs clearance for cargo logistics in India

  • Intel to invest $255 million in Reliance's digital unit Jio Platforms
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    Reuters

    Intel to invest $255 million in Reliance's digital unit Jio Platforms

    Intel Corp's investment arm will pay some $255 million for a small stake in Reliance Industries Ltd's digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian conglomerate pay down debt. Reliance has now sold just over a quarter of Jio Platforms, the unit

  • Morocco asks Amnesty for proof it used spyware on journalist
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    Morocco asks Amnesty for proof it used spyware on journalist

    Morocco's prime minister has demanded Amnesty International provide evidence to support its allegations that Rabat used spyware to bug a journalist's phone. Amnesty said in June the Moroccan authorities used software developed by Israeli security firm NSO to insert spyware onto the cellphone

  • European stock markets retreat after strong gains
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    European stock markets retreat after strong gains

    Playing catch-up with Thursday's American employment figures, Hong Kong added one percent, Tokyo gained 0.7 percent and Shanghai jumped two percent as traders also looked beyond China-Hong Kong tensions. "Now that the dust has settled in regards to the 4.8 million jobs that were added in the

  • Elon Musk mocks regulators, short-sellers as Tesla soars
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    Elon Musk mocks regulators, short-sellers as Tesla soars

    Tesla founder Elon Musk on Thursday mocked securities regulators and short-sellers in series of tweets as the tech entrepreneur celebrated his firm's rise as the world's most valuable carmaker. Tesla shares finished the official trading day up nearly eight percent, meaning investors who bet

  • China clashes with US over new Hong Kong security law
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    China clashes with US over new Hong Kong security law

    China promised Thursday to take "strong countermeasures" if the US presses ahead with tough new sanctions that target banks over infringements on Hong Kong's autonomy, after Beijing imposed a sweeping security law on the restless financial hub. Beijing has faced a groundswell of criticism

  • Brazil central bank chief says WhatsApp payments service faces further review
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    Reuters

    Brazil central bank chief says WhatsApp payments service faces further review

    Brazil's central bank president said on Thursday that Facebook Inc messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for proof it can operate safely in terms of data protection in a competitive market. "We are not saying that it is not

  • US Congress targets banks, ramping up fight for Hong Kong rights
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    US Congress targets banks, ramping up fight for Hong Kong rights

    The US Congress on Thursday passed tough new sanctions that target banks over violations of Hong Kong's autonomy, dialing up the pressure on China over the harsh security law it imposed on the financial hub. Beijing has threatened "strong countermeasures" if the act becomes law. President

  • Moderna shares slide after report of delay in COVID-19 vaccine trial
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    Reuters

    Moderna shares slide after report of delay in COVID-19 vaccine trial

    The late-stage trial to test Moderna's vaccine candidate in 30,000 volunteers was expected to start next week, but there is no clarity on how long the delay will last, the report https://www.statnews.com/2020/07/02/trial-of-moderna-covid-19-vaccine-delayed-investigators-say-but-july-start-still-possible

  • Faraday Future's Chinese founder completes personal bankruptcy process
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    Reuters

    Faraday Future's Chinese founder completes personal bankruptcy process

    Jia Yueting, founder of Leshi Internet and electric vehicle (EV) maker Faraday Future, said on Thursday his personal bankruptcy process was complete and that a trust would be established to compensate Leshi shareholders. In a stock exchange filing, however, Leshi said it had not heard from Jia regarding

  • U.S. seeks to seize gasoline in four Iran tankers bound for Venezuela
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    Reuters

    U.S. seeks to seize gasoline in four Iran tankers bound for Venezuela

    U.S. prosecutors filed a lawsuit to seize the gasoline aboard four tankers that Iran is trying to ship to Venezuela, the latest attempt by the Trump administration to increase economic pressure on the two U.S. foes. The government of Venezuela's socialist President Nicolas Maduro has flaunted the

  • Who's to blame for Wirecard? Germany passes the buck
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    Reuters

    Who's to blame for Wirecard? Germany passes the buck

    Germany's accountancy watchdog has denied blame for failing to spot problems at collapsed payments firm Wirecard, the latest in a string of agencies to shirk responsibility following the country's biggest accounting scandal. Wirecard filed for insolvency last week owing creditors almost $4 billion

  • Backpack volunteers gather data showing pollution rising after lockdowns
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    Reuters

    Backpack volunteers gather data showing pollution rising after lockdowns

    Alex George walks to work in southeast London with a pack of sensors strapped to his back, one of an army of volunteers gathering data that experts say suggest pollution levels may be bouncing back as coronavirus lockdowns ease. The accident and emergency medic at Lewisham Hospital carries technology

  • Tesla's 'jaw-dropping' second-quarter deliveries send shares surging
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    Reuters

    Tesla's 'jaw-dropping' second-quarter deliveries send shares surging

    The unexpected delivery numbers come a day after Tesla became the highest-valued automaker, surpassing the market capitalization of former front-runner Toyota Motors Corp . The rally on Thursday further widens Tesla's lead over legacy automakers as investors grow confident in its ability to define

  • Hong Kong businesses back new security law despite fears
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    Hong Kong businesses back new security law despite fears

    China's new security law has sent fear coursing through many Hong Kong residents, but the city's commercial community has largely embraced it as a way to get back to doing business. The controversial legislation has granted mainland Chinese authorities unprecedented control as they seek to end

  • Hong Kong Bar Association 'gravely concerned' by security law
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    Hong Kong Bar Association 'gravely concerned' by security law

    A sweeping new security law imposed on Hong Kong by Beijing undermines the semi-autonomous city's independent judiciary and stifles freedoms, the city's influential Bar Association has warned. In a scathing critique, the group detailed how the new law dismantles the legal firewall that has existed

  • Millions switch to 'local TikToks' after India bans Chinese apps
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    Millions switch to 'local TikToks' after India bans Chinese apps

    Millions of Indians have joined homegrown social media platforms since New Delhi banned a slew of Chinese apps, including TikTok, amid growing tensions between the giant neighbours, industry officials said Thursday. The ban comes as India steps up economic pressure on China following a border battle

  • Rare Javan Rhino captured on hidden camera in gleeful mudbath
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    Reuters

    Rare Javan Rhino captured on hidden camera in gleeful mudbath

    A rare Javan rhinoceros has been captured on camera gleefully rolling around in the khaki, tropical waters of a national park, on the westernmost tip of Indonesia's Java island. The video of the critically endangered Javan rhino, one of only 72 left in the wild, was posted on Twitter by Indonesia