Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
A South Korean container ship has completed the country’s first commercial round trip to Europe through the Arctic, arriving at the southeastern port of Busan on Sunday after a 50-day voyage that
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Finance officials from around the world will gather in Bangkok this week for the annual meetings of the International Monetary Fund (IMF) and World Bank, confronting a combination of war in the
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Nepali authorities on Sunday urged residents living along riverbanks in several districts to move to safer locations after a major flood triggered by a landslide swept away houses and infrastructure in central
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Japanese Prime Minister Sanae Takaichi has expressed deep concern after US President Donald Trump’s administration imposed fresh sanctions targeting the International Criminal Court (ICC), escalating a campaign against the Hague-based tribunal and
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The Port of Los Angeles, the largest container port in the United States and the country’s leading gateway for imports from China and other Asian economies, recorded its busiest three-month period on
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China is seeking to establish at least five innovative pharmaceutical products with annual global sales exceeding US$1 billion by 2030, an ambitious goal that reflects the country’s growing influence in biotechnology and
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China and the European Union have reached an understanding to reduce Chinese hybrid electric vehicle exports to the European market by more than half, according to statements following marathon trade negotiations in
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Mercedes-Benz workers’ representative Ergun Lümali has warned that threats of factory closures and demands for employee concessions risk damaging trust between management and the workforce, as the German carmaker seeks to reduce
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Volkswagen has been fined €1.2 million by Germany’s Federal Financial Supervisory Authority (BaFin) for failing to meet mandatory financial disclosure requirements after issuing an earnings forecast for 2023 that significantly exceeded market
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Investors are overestimating the risk of a military conflict across the Taiwan Strait, a senior US diplomat has said, arguing that deterrence and the prospect of substantial consequences would prevent China from
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Elon Musk has publicly challenged Indian billionaire Mukesh Ambani over delays in launching SpaceX’s Starlink satellite internet service in India, accusing powerful business interests of obstructing competition in one of the world’s
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Britain has formally closed its nearly 200-year-old consulate in East Jerusalem following pressure from Israel, marking a new low in relations between the two countries over British sanctions against Israeli settlements in
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Reports that Eritrean troops have crossed into Ethiopia and advanced towards the northern region of Tigray have heightened fears of a renewed war in the Horn of Africa, following warnings from the
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Airlines and airports could play a significant role in detecting and containing a potential outbreak of pneumonic plague linked to a lab technician’s death in Russia, drawing on public-health measures developed during
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President Donald Trump said on Wednesday that US officials did not believe the reported death of a Russian laboratory worker was connected to a bioweapon, while calling for more information from Moscow
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