New record: S&P 500, Nasdaq post new closing highs on upbeat data

Investors are betting on pandemic stimulus and healthy tech earnings to keep lifting markets. United States stocks rose more than 1 percent on Thursday and the S&P 500 and Nasdaq posted record closing highs after another batch of upbeat earnings and data suggesting the labour market may be stabilizing. The Dow and S&P 500 rose […]

Twitter locks account of China’s US embassy for post on Xinjiang

Social media giant says embassy post declaring that Uighur women were ‘no longer baby making machines’ dehumanises minority group. Twitter has locked the account of China’s embassy in the United States for a social media post that defended China’s policies towards Muslim Uighurs in the Xinjiang region, which the platform said violated the firm’s policy […]

Biden picks Samantha Power for USAID post

Biden says USAID will coordinate the US’s work to lead global response to combat the coronavirus in vulnerable nations. President-elect Joe Biden has announced that he has picked Samantha Power, the United States ambassador to the United Nations under President Barack Obama, to run the agency overseeing American foreign humanitarian and development aid. “Power will […]

Manchester United’s Cavani banned for three games for racial post

Cavani was also fined $136,500 and ordered to complete face-to-face education after admitting to breaching FA’s rules. Manchester United striker Edinson Cavani has been banned for three games by the English Football Association after using a Spanish term for Black people which he said was intended as an affectionate greeting. Cavani has also been fined […]

Biden defends choice of retired Army general for top defence post

United States President-elect Joe Biden has named retired US Army General Lloyd Austin to be his secretary of defence amid concerns from some Democrats about his choice. Austin is a career soldier who Biden called “a leader of extraordinary courage, character and experience”. Biden cited his long professional and personal association with Austin, a four-star […]

China refuses to apologise over gruesome Australia soldier post

Officials double down on Australia saying country should be ashamed of alleged war crimes committed in Afghanistan. China has refused to apologise for a controversial image depicting an Australia soldier cutting the throat of an Afghan child as New Zealand became the latest country to voice its criticism of the doctored picture, which was posted […]

Australia demands China apology over ‘repugnant’ Twitter post

Australia demands removal of fake photo of soldier posted by official government spokesman, as ties further deteriorate. Australia’s Prime Minister Scott Morrison has condemned a fake image of an Australian soldier posted on the Twitter account of a Chinese government spokesman as “truly repugnant” and demanded the post be removed. The image, depicting a grinning […]