Author: Press Room

Chinese stocks are easing even as US President Donald Trump and Chinese President Xi Jinping sit down in Beijing because much of the optimism was already built into prices before the meeting began.Mainland Chinese stocks extended losses on Thursday, with the Shanghai Composite down 1.04% and the Shenzhen Component falling 1.60%.Shanghai benchmark was still near an 11-year high and the yuan had climbed to a three-year peak ahead of the talks.The figures signal that investors had already moved to price in a decent outcome.The rally already happenedThe simplest explanation is profit-taking, as when markets run hard before a major event,…

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Angus Taylor’s budget reply is “replete with One Nation policies” and shows the major parties are “on borrowed time”, Pauline Hanson has claimed.The Opposition Leader will appear before parliament shortly after 7.30pm on Thursday for the customary budget reply speech.Snippets of the speech, released to the media on Wednesday, show the Coalition will seek to cap net overseas migration at housing completion levels and banning non-citizens, including permanent residents, from the NDIS.However, Senator Hanson accused the Coalition on Thursday of borrowing ideas from One Nation.She said the Coalition’s budget reply was “replete with One Nation policies”.Camera IconPauline Hanson with One…

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“EXTRAORDINARY RENDITION”Sara Duterte, who is in The Hague visiting her father, was the running mate of Marcos, but their alliance broke down and she is now fighting for her political survival, facing an impeachment trial in the Senate that could derail her run for the next presidency in 2028.”What we are seeing now is the administration using all government resources to demolish political opposition or individuals who do not follow, agree with, or support (Marcos),” she said in comments shared by her office.She said she had not spoken with dela Rosa since before the gunfire incident and said he was…

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NEWYou can now listen to Fox News articles! A mother was arrested in Florida three months after her two young daughters allegedly drowned in Texas with cocaine in their systems, according to authorities.The case dates back to Feb. 11, when deputies with the Harris County Sheriff’s Office responded to a home in Katy, Texas, for reports of two children drowning. The victims, ages 2 and 3, were later found to have cocaine in their systems.The circumstances surrounding the deaths have raised questions about how the children were exposed to the drug and what alleged role their mother, Laura Nicholson, 23,…

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FIFA World Cup 2026 countdown: New York, New Jersey prepare Alex Lasry, CEO of the NYNJ Host Committee, discusses the countdown to the 2026 FIFA World Cup in New York and New Jersey. He details plans for free fan experiences across five boroughs and New Jersey, emphasizing public transit solutions for 1.2 million fans. Lasry confirms real grass will be installed at MetLife Stadium for the event, highlighting the global excitement for this major sporting event. NEWYou can now listen to Fox News articles! Citizens of a select group of countries who have purchased tickets to this summer’s World Cup…

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U.S. President Donald Trump (R) is greeted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026 in Beijing, China. The trip by Trump is focused on trade, regional security, and strengthening bilateral ties between the world’s two largest economies.China Pool | Getty Images News | Getty ImagesBEIJING — U.S. President Donald Trump met his Chinese counterpart Xi Jinping in Beijing on Thursday morning for a high-stakes summit that runs through Friday.The relationship between the two countries is going to be “better than ever before,” Trump told Xi in his opening remarks, according to…

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Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share, above the expected range, as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in $5.55 billion for Cerebras, which sold 30 million shares, according to a statement on Wednesday. Underwriters have the option to purchase an additional 4.5 million shares. The company is hitting the market during a silicon renaissance. Intel, Advanced Micro Devices and memory maker Micron are each up more than 80% in the past month, and have notched much more dramatic…

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President Trump and Chinese President Xi Jinping are meeting in Beijing, as the two countries aim to stabilize their trading relationship after last year’s trade war and grapple with uncertainty over the United States’ war with Iran.Mr. Trump and Xi shook hands outside Beijing’s Great Hall of the People on Thursday morning local time, or late Wednesday night ET, and the two leaders chatted during an opening ceremony that featured a brass band, marching military units and cheering children waving American and Chinese flags. Inside the meeting room, Mr. Trump and Xi offered positive words on the U.S.-China relationship before…

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A Kelowna, B.C., man says a racist road rage incident involving his parents and young son has been difficult to relive after video of the confrontation spread widely on social media. “It’s disgusting,” said Sam Singla. “His tone was very aggressive. He was very vile.”The incident happened on Mother’s Day near downtown Kelowna and involved Singla’s parents and his five-year-old son.Dashcam footage from another driver appears to show what led up to the confrontation.The video shows a driver in front of Singla’s parent’s vehicle making a U-turn.The vehicle makes a temporary stop.The video then shows Singla’s parents making a turn…

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