Author: i2wtc
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters The U.S. stock market was closed Thursday stateside for Thanksgiving Day and will reopen on Friday until 1 p.m. ET. With approximately just 3 hours of trading left for the month, major U.S. indexes are looking to end November in the red, based on CNBC calculations.As of Wednesday’s close, the S&P 500 was down 0.4% month to date, the Dow Jones Industrial Average 0.29% lower during the same period and the Nasdaq Composite retreating 2.15%, vastly…
Firefighters head towards the rescue site in Wang Fuk Court, a residential area in Tai Po of Hong Kong, south China, Nov. 27, 2025. (Xinhua/Wang Shen)HONG KONG, Nov. 28 (Xinhua) — Orange flames licked at the high-rise windows of Wang Fuk Court, a residential complex engulfed by a major fire since Wednesday afternoon, as one team after another of firefighters, their gear heavy with water and soot, stumbled out of the smoke-shrouded estate in Tai Po just after midnight.”No matter how complex the circumstances, rescue never stops,” said John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR).…
ISLAMABAD: An armed attack launched from inside Afghanistan killed three Chinese employees working at a project site in Tajikistan’s Khatlon region late on Wednesday night, prompting Dushanbe to issue a sharp condemnation and call on Kabul to curb cross-border militancy. According to Tajikistan’s foreign ministry statement, in Kuwait the assault targeted the camp of LLC Shohin SM near the 1st Border Guard Post “Istiqlol” of the “Yol” Border Detachment and was carried out using an unmanned aerial vehicle equipped with grenades and firearms. The Tajik government said the incident marked a dangerous escalation in tactics used by criminal groups operating…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025.Ying Tang | Nurphoto | Getty ImagesTech giant Baidu is emerging as one of China’s key artificial intelligence chip players, positioning itself as a challenger to Huawei as both look to fill the void left by industry leader Nvidia being kept out of the country. Best-known as China’s biggest search business, Baidu has in recent years refocused its business around driverless cars and AI, including a majority-owned subsidiary, Kunlunxin, which designs chips.Several…
National Guard soldiers gather near a crime scene after a shooting in downtown Washington, DC. Photo: AFP WASHINGTON: An Afghan national named Rahmanullah Lakanwal has been identified as the suspected shooter in the ‘targeted’ attack that critically injured two National Guard soldiers near the White House on Wednesday, the US Department of Homeland Security said. The suspect was shot by another Guard member and taken into custody, according to media reports, quoting officials. He is currently hospitalized. Lakanwal, 29, entered the United States in 2021, multiple law enforcement said. “This heinous assault was an act of evil and act of…
Prime Minister Shehbaz Sharif. Photo: File MANAMA: Prime Minister Shehbaz Sharif on Thursday highlighting the structural transformation, regulatory and economic reforms by his government, urged the Bahraini business sector to seize Pakistan’s immense investment potential with new sectors opened like agribusiness, IT, minerals, energy and tourism, to build a long-term partnership. “Pakistan is undergoing a structural transformation embodying economic reforms, digital modernisation and a decisive push for a private sector-led growth. We have cut red tape forever, strengthened our regulations and opened new sectors such as agribusiness, IT, minerals, energy and tourism for long-term partnership,” the prime minister said, addressing…
Warns excessive taxes, high rates hurt investment, calling for export-driven strategy insteadView of business offices and under construction residential apartments in Karachi, Pakistan September 23, 2025 Photo: Reuters ISLAMABAD: Special Investment Facilitation Council (SIFC) National Coordinator Lt General Sarfraz Ahmad on Thursday laid out a roadmap to make the economy competitive by substantially reducing the corporate tax burden, cutting down interest rate and having a pragmatic exchange rate. In an address to Pakistan’s leading businesspersons, the SIFC coordinator said that the country’s “growth plan was missing”. He urged all stakeholders to agree on an export-led economic growth model that can…
Sign MoU for collaboration in cartel investigations, merger control and action against deceptive marketingCompetition Commission of Pakistan and Russia’s Federal Anti-Monopoly Service sign a Memorandum of Understanding to deepen regulatory coordination during the 10th Pakistan–Russia Intergovernmental Commission meeting Pakistan and Russia have formalised a major cooperation agreement aimed at strengthening market competition oversight. The Competition Commission of Pakistan (CCP) and Russia’s Federal Anti-Monopoly Service (FAS) signed a Memorandum of Understanding to deepen regulatory coordination. The MoU, signed during the 10th Pakistan–Russia Intergovernmental Commission meeting, provides a comprehensive framework for collaboration on cartel investigations, abuse of dominance cases, merger control, and…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters The U.S. stock market was closed Thursday stateside for Thanksgiving Day and will reopen on Friday until 1 p.m. ET. With approximately just 3 hours of trading left for the month, major U.S. indexes are looking to end November in the red, based on CNBC calculations.As of Wednesday’s close, the S&P 500 was down 0.4% month to date, the Dow Jones Industrial Average 0.29% lower during the same period and the Nasdaq Composite retreating 2.15%, vastly…
This photo taken on Nov. 26, 2025 shows people visiting the Middle East Consumer Electronics Show (MECES 2025) in Dubai, the United Arab Emirates (UAE). (Xinhua/Wen Xinnian)DUBAI, Nov. 27 (Xinhua) — The Middle East Consumer Electronics Show (MECES 2025) kicked off on Wednesday at Dubai Festival Arena, spotlighting China’s growing technological footprint in a region eager for smart and sustainable development solutions.Co-organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and China Council for the Promotion of International Trade Commercial Sub-Council, the exhibition is held under the theme AI for All and draws…