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China offers bonds, tax breaks as new medicine for ailing economy

China offers bonds, tax breaks as new medicine for ailing economy

Tax breaks and a bond drive for Chinese aviation and railway firms are among a blizzard of fresh measures agreed by China's economic planners to gee up an economy stunted by a coronavirus surge.

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Samsung commits $356 bn in investments with 80,000 new jobs

Samsung commits $356 bn in investments with 80,000 new jobs

Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.

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Brazil's Bolsonaro fires third Petrobras chief as fuel prices soar

Brazil's Bolsonaro fires third Petrobras chief as fuel prices soar

Brazilian President Jair Bolsonaro on Monday dismissed the president of state oil giant Petrobras, who had been in the job for only 40 days.

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Ukraine's poker aces hope to deliver a winning hand for war-torn country

Ukraine's poker aces hope to deliver a winning hand for war-torn country

The head of Ukraine's poker federation Sergey Eifimenko says it is "hard morally to play poker" with "Russian bombs falling" but the two-time defending champions will aim to do their country proud at the Nations Cup this week.

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Asian markets fall on China growth concerns

Asian markets fall on China growth concerns

Asian stocks retreated Tuesday on concerns over the impact of China's Covid restrictions on the world's second-largest economy as investment banks slashed their forecasts.

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Russia intensifies Donbas offensive as war enters fourth month

Russia intensifies Donbas offensive as war enters fourth month

Russian forces on Tuesday stepped up their offensive on the last pocket of resistance around Lugansk in Ukraine's eastern Donbas region, as the conflict entered its fourth month.

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Slight rise in US births in 2021 after pandemic plummet

Slight rise in US births in 2021 after pandemic plummet

The number of births in the United States rose slightly in 2021, the first increase in seven years, according to preliminary data published by authorities Tuesday.

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Argentine president pays 'fine' for birthday dinner during Covid lockdown

Argentine president pays 'fine' for birthday dinner during Covid lockdown

Argentina's President Alberto Fernandez and the first lady on Monday paid a fine of three million pesos (about $24,000), in the form of a charitable donation, in return for legal proceedings against them being dropped over a birthday dinner during the pandemic lockdown that caused a scandal.

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Elderly Hong Kong cardinal in court over protest defence fund

Elderly Hong Kong cardinal in court over protest defence fund

Ninety-year-old retired Catholic cardinal Joseph Zen appeared in a Hong Kong court Tuesday charged with failing to properly register a protest defence fund, after he was initially arrested under the city's national security law.

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Tatum stars as Celtics rout Heat to square series

Tatum stars as Celtics rout Heat to square series

Jayson Tatum rediscovered his scoring touch with 31 points as the Boston Celtics thrashed the Miami Heat 102-82 to level their NBA Eastern Conference finals series on Monday.

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