Apple offers iPhone discounts in China as competition intensifies
BEIJING (Reuters) – Apple (NASDAQ:AAPL) is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the U.S. tech giant moves to defend its market share against rising competition from domestic rivals like…
China seeks greater global cooperation on drug control
BEIJING (Reuters) – China’s public security minister vowed on Tuesday to deepen international cooperation in the area of drug control, state media Xinhua reported. Wang Xiaohong, who is also the director of the national narcotics control committee, called for “eradicating…
Recovering Netanyahu gets up from hospital to rally support for Israel budget
By Emily Rose JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu got up from his hospital bed to call on unruly coalition partners to fall in line and back his government’s 2025 budget after hardline rebels threatened to pull support…
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming…
China December new home prices rise a touch faster, survey shows
BEIJING (Reuters) – Prices of new homes in China rose at a slightly faster pace in December, a private survey showed on Wednesday, as the crisis-hit property sector struggles to find a bottom on the heels of a slew of…
Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender
By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi’s Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide last year, overtaking Saudi Arabia’s wealth fund amid a surge in spending from…