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Trump, Xi strike deal to cut tariffs and curb fentanyl exports

BUSAN, South Korea: U.S. President Donald Trump said he had reached an agreement with Chinese President Xi Jinping to cut tariffs on Chinese imports in exchange for Beijing's pledge to curb fentanyl exports, resume U.S. soybean purchases, and maintain rare earth supplies.

The deal was struck during a nearly two-hour meeting between the two leaders in Busan, South Korea. It was

Mercedes tops margin forecasts as luxury sales lift results

BERLIN/FRANKFURT: Mercedes-Benz posted stronger-than-expected profit margins in its core car division on October 29, lifted by increasing sales of high-end models that helped counter the impact of restructuring costs and job cuts.

The German automaker's return on sales at its car unit reached 4.8 percent in the third quarter, edging up from 4.7 percent a year earlier and beati

Primark accelerates US growth as tariffs squeeze online rivals

LONDON, U.K.: Primark is betting that changing U.S. trade rules will tilt the balance in its favor, accelerating store openings and marketing across America as online rivals like Shein and Temu face new tariff pressures.

The Irish-founded budget fashion chain, owned by Associated British Foods, expects to benefit from President Donald Trump's decision in May to scrap duty-free

US, Japan sign rare earths deal to curb China's dominance

TOKYO, Japan: U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi signed a landmark agreement on October 28 to secure supplies of rare earths and other critical minerals, a move aimed at reducing both nations' dependence on China ahead of Trump's expected meeting with Chinese President Xi Jinping later this week.

The deal was inked at Tokyo's ornate Akasaka Palace, under gol

Luxury brands woo China's wealthy with exclusive experiences

SHANGHAI, China: Luxury brands are redoubling efforts to charm wealthy Chinese shoppers as spending slowly revives, betting that exclusive experiences and personal connections will help them regain lost momentum in the world's second-largest luxury market.

After two sluggish years, companies such as LVMH and Hermès are focusing less on rapid expansion and more on deepen

Takaichi bets on Ford trucks, tries to win over Trump

TOKYO: As President Donald Trump arrived in Japan on October 27, newly installed Prime Minister Sanae Takaichi was preparing for a crucial first test of diplomacy,  winning over the U.S. leader with a mix of personal charm, trade pragmatism, and perhaps, a fleet of Ford F-150 trucks.

Takaichi's government has floated the idea of buying the American-made pickups, a symbolic gesture to please Trump, though on

Japan launches world's first yen-pegged stablecoin, JPYC

TOKYO, Japan: Japan has launched the world's first yen-pegged stablecoin, marking a slight but notable step toward digital payments in a country where cash and credit cards still dominate.

Japanese startup JPYC began issuing the stablecoin, also called JPYC, which is fully backed by yen deposits and Japanese government bonds (JGBs) and can be converted 1:1 with the national currency.

The company plans to

US, China race to cool tensions ahead of Trump–Xi summit

KUALA LUMPUR: Senior U.S. and Chinese officials began talks in Kuala Lumpur aimed at preventing their trade dispute from spiraling further and ensuring next week's planned meeting between Presidents Donald Trump and Xi Jinping goes ahead.

The discussions, held on the sidelines of the ASEAN summit, come amid mounting tensions after Trump threatened new 100 percent tariffs on Ch

Update: China launches Shenzhou-21 crewed spaceship for new engineering, scientific breakthroughs

JIUQUAN, Nov. 1 (Xinhua) -- China successfully launched the Shenzhou-21 crewed spaceship on Friday, sending three astronauts to its orbiting space station on a six-month mission.

The spaceship, atop a Long March-2F carrier rocket, blasted off at 11:44 p.m. (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China.

About 10 minutes after the launch, the spaceship separated from the rocket an

Hylo Open 2025: Unnati Hooda powers to semi-finals; Lakshya Sen, Ayush Shetty crash out in quarterfinals

New Delhi [India], October 31 (ANI): India's campaign in the men's singles event at the Hylo Open 2025 badminton tournament concluded on Friday with top seeds Lakshya Sen, Ayush Shetty, and Kiran George losing their quarterfinal matches in Saarbrucken, Germany.

Unnati Hooda, with a stunning win over fourth-seeded Lin Hsiang-Ti of Chinese Taipei, was the only Indian badminton player to progress to the semi-finals

Anirban inside top-15, McKibbin follows up 60 with 65 to lead at Hong Kong Open

New Delhi [India], October 31 (ANI): Northern Ireland's Tom McKibbin added a five-under-par 65 to his opening round 60 for a two-shot lead in the Link Hong Kong Open on Friday.

The LIV Golf star leads on 15-under here at Hong Kong Golf Club from second-placed American Peter Uihlein, plus Thailand's Kiradech Aphibarnrat and Jazz Janewattananond, as per a release from LIV Golf.

Uihlein shot a 63, which inclu

Update: China launches Shenzhou-21 crewed spaceship for new scientific goals

JIUQUAN, Nov. 1 (Xinhua) -- China successfully launched the Shenzhou-21 crewed spaceship on Friday, sending three astronauts to its orbiting space station on a six-month mission.

The spaceship, atop a Long March-2F carrier rocket, blasted off at 11:44 p.m. (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China.

About 10 minutes after the launch, the spaceship separated from the rocket an

FOCUS | China launches Shenzhou-21 crewed spaceship for new scientific goals

(251031) -- JIUQUAN, Oct. 31, 2025 (Xinhua) -- The Shenzhou-21 crewed spaceship, atop a Long March-2F carrier rocket, blasts off from the Jiuquan Satellite Launch Center in northwest China, Oct. 31, 2025. China successfully launched the Shenzhou-21 crewed spaceship on Friday, sending three astronauts to its orbiting space station on a six-month mission.

The spaceship blasted off at 11:44 p.m. (Beijing Time). Abo

WTA roundup: Top seed Belinda Bencic WDs in Hong Kong

(Photo credit: Mike Frey-Imagn Images)

Spain's Cristina Bucsa advanced to the Hong Kong Tennis Open semifinals on Friday when top-seeded Swiss Belinda Bencic withdrew before their match with a thigh injury.

Bucsa will take on No. 5 seed Maya Joint of Australia, who outlasted Japan's Himeno Sakatsume 6-4, 2-6, 6-4 in the quarterfinals.

No. 2 seed Leylah Fernandez and No. 3 Victoria Mboko both won in st

Update: China launches Shenzhou-21 crewed spaceship

JIUQUAN, Oct. 31 (Xinhua) -- China launched the Shenzhou-21 crewed spaceship on Friday, sending three astronauts to its orbiting space station on a six-month mission.

The spaceship, atop a Long March-2F carrier rocket, blasted off from the Jiuquan Satellite Launch Center in northwest China.

The Shenzhou-21 crew consists of mission commander Zhang Lu, and astronauts Wu Fei and Zhang Hongzhang. These three as