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China property stocks jump after Beijing proposes measures to lift troubled sector
Business

China property stocks jump after Beijing proposes measures to lift troubled sector

Residential buildings under construction at the Jinmao Palace project, developed by China Jinmao Holdings Group Ltd., in Shanghai, China, on Thursday, Oct. 3, 2024. Qilai Shen | Bloomberg | Getty ImagesChina property stocks jumped Monday after Beijing laid out more support measures over the weekend to shore up the troubled sector.While the Hang Seng Index was last down 0.4% in volatile trading Monday, the Hang Seng Mainland Properties Index rose over 2%.China Resources Land was the top mover in the HSMPI, rising 7.6%.Shares of other real estate developers also saw significant gains, including China Overseas Land & Investment and Yuexiu Property gaining nearly 7% and 6%, respectively.Real estate was also the leading gainer in Mainland China's CSI 300, advancing nearly 5%, while the broa...
Labour woos new business to Britain
Business

Labour woos new business to Britain

Stockcam | E+ | Getty ImagesLONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as it hosts its inaugural International Investment Summit in London.Prime Minister Keir Starmer, Finance Minister Rachel Reeves and Business Minister Jonathan Reynolds will lead the one-day event at London's Guildhall, which is expected to be attended by around 200 executives from the U.K. and overseas.Former Google chair Eric Schmidt, Goldman Sachs CEO David Solomon and GSK CEO Emma Walmsley are among the named guests. Newly appointed Investment Minister Poppy Gustafsson, co-founder of British cybersecurity firm Darktrace, will also be on hand to promote the U.K. as a place to do business.However, would-be attendees and observers expressed frustration to CNBC about th...
China conducting major military drills around Taiwan after island’s president said he will ‘resist annexation’ | World News
Business

China conducting major military drills around Taiwan after island’s president said he will ‘resist annexation’ | World News

Tension is high in Asia as China conducts major military drills across the Taiwan Strait, following comments made by Taiwan's President Lai Ching-te last week.China's military says the drills, called Joint Sword 2024-B, involve the army, navy and rocket forces, and will be carried out in the Taiwan Strait, as well as north, south and east of the self-governed island. A spokesperson for China's Eastern Theatre Command said the drills will close in on the island, focusing on a blockade and control of key ports and areas.Taiwan has called the action "irrational and provocative".China says it is a "stern warning to the separatist acts of Taiwan independence forces". ...
‘Appropriate forces’ dispatched in response to China military drills, Taiwan says
World News

‘Appropriate forces’ dispatched in response to China military drills, Taiwan says

A man walks with a flag as a ship passes by behind him on Pingtan island, the closest point to Taiwan, in China’s southeast Fujian province on 8 April, 2023. Photo: Greg Baker / AFP Taiwan says it has dispatched "appropriate forces" in response to China's announcement that it had launched military drills around the island, which Beijing claims as part of its territory. In a statement, Taiwan's defence ministry condemned the "irrational and provocative behaviour" and said it had "dispatched appropriate forces to respond accordingly to protect freedom and democracy, and defend the sovereignty" of Taiwan. "In the face of enemy threats, all officers and soldiers of the country are in full readiness," the ministry said in a statement. "We are determined and confident to ensure national defen...
Canadian TV host, comedian Mike Bullard dies at 67
Entertainment, Movies

Canadian TV host, comedian Mike Bullard dies at 67

Descrease article font size Increase article font size Canadian comedian and former talk show host Mike Bullard has died at age 67. His family confirmed to Global News that Bullard was found dead of a suspected heart attack. Bullard got his start in comedy doing live standup at comedy clubs across Ontario, before moving to television on the back of his success with standup.He shot to prominence in 1997 as the host of the late night talk show ‘Open Mike With Mike Bullard’ on CTV, which he hosted until 2003 when he was hired away by Global Television to host ‘The Mike Bullard Show.’ That program lasted 13 weeks. 2:10 Radio host and comedian Mike Bull...
‘Women are losing their lives’: The US state where abortion rights could sway the vote | US News
Business

‘Women are losing their lives’: The US state where abortion rights could sway the vote | US News

Irma, the receptionist at Acacia Women's Center in Phoenix, Arizona, is repeating a spiel she gives dozens of times a week to different women before their appointments. "We are going to do the procedure so you need to prepare," she says, "arrive early, wear little to no make-up so that we can check the colour in your face." "There are protesters here, but mainly on a Saturday," she tells the women.Abortion is no longer simply a personal medical matter. Across this country, reproductive rights is a burning election issue.Especially in the battleground state of Arizona, where abortion is literally on the ballot. Signs inside and outside the clinic urge people to "vote yes to prop 139". It's a special measure which, if passed, would enshrine abortion rights in the state constitution.The down-...
SpaceX launches its most ambitious Starship test flight yet. Here’s what to know
World News

SpaceX launches its most ambitious Starship test flight yet. Here’s what to know

By Jackie Wattles and Ashley Strickland, CNN Photo: Twitter/SpaceX SpaceX has successfully launched the latest test flight of Starship on Sunday morning (Monday NZ time), the most powerful rocket system ever constructed, which could one day be used to carry humans to the moon and Mars. Liftoff of the Super Heavy rocket booster, topped with the uncrewed Starship spacecraft, occurred at 8.25am ET during a 30-minute launch window that opened at 8am ET from SpaceX's Starbase facility in Boca Chica, Texas. For the first time, this demonstration mission included an ambitious attempt to manoeuvre the 232-foot-tall (71-metre) rocket booster to a gargantuan landing structure after it burned through most of its fuel and broke away from the upper Starship spacecraft. The Super Heavy was succes...
Hezbollah was either lucky or knew how to inflict maximum damage – either way it’s deeply worrying for Israel | World News
Business

Hezbollah was either lucky or knew how to inflict maximum damage – either way it’s deeply worrying for Israel | World News

For two weeks Israel has scored stunning successes against Hezbollah and made steady progress.Last night its enemy struck back with remarkable accuracy and timing.The soldiers had been sitting down for their evening meal when the drone struck. The videos they took in the aftermath show scenes of bloodshed and chaos as they race to help the injured.There were so many hurt they were sent to eight hospitals. At least 60 soldiers injured, several seriously, and four killed.Follow live updates: Middle East latestSomehow Hezbollah's drone penetrated Israel's defences without warning and hit the building when it would have been at its busiest. That will be deeply worrying for Israelis.Either it was extraordinary luck, or Hezbollah knew when and where to hit to cause maximum damage. ...
UN says Israeli tanks burst into peacekeeper base, Israel gives different account
World News

UN says Israeli tanks burst into peacekeeper base, Israel gives different account

By James Mackenzie, Maayan Lubell and Michelle Nichols, Reuters The UNIFIL peacekeeping force said two Israeli Merkava tanks destroyed the main gate of a base and forcibly entered before dawn on Sunday morning (file image). Photo: AFP / JALAA MAREY The United Nations said on Sunday Israeli tanks had burst through the gates of a base of its peacekeeping force in southern Lebanon, the latest accusation of Israeli violations and attacks denounced by its own allies. The UNIFIL peacekeeping force said two Israeli Merkava tanks destroyed the main gate of a base and forcibly entered before dawn on Sunday morning. After the tanks left, shells exploded 100 metres away, releasing smoke which blew across the base and sickened UN personnel, it said in a statement. In its version of events, the I...
Jimi Hendrix unreleased tracks, dry-cleaning bills and payslips to go on sale
World News

Jimi Hendrix unreleased tracks, dry-cleaning bills and payslips to go on sale

By Amarachi Orie, CNN American rock guitarist and singer Jimi Hendrix is seen performing at London's Royal Albert Hall on February 18, 1969. Photo: David Redfern / Redferns / Getty Images / File via CNN Newsource Unreleased Jimi Hendrix songs are among an array of memorabilia belonging to the late musician that is set to go up for auction next month. For the first time, fans will have the opportunity to bid for various personal items that reveal more about Hendrix's musical endeavors and off-stage life, according to entertainment memorabilia vendor Propstore, which is hosting the auction. Among the items are 50 rare tapes including master recordings with unheard tracks, as well as personal paperwork such as payslips for him and his bandmates, a handwritten form in which Hendrix reque...