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Stocks and dollar fall as Democratic election gains reshape markets

HONG KONG: Asian stocks fell along with the dollar on Wednesday as Democrats made big early gains in the US midterm elections and looked set to take control of both houses of Congress, which analysts said could lead to gridlock in Washington. Tens of millions of Americans voted in elections seen as a referendum on Donald Trump’s presidency, amid anger over soaring fuel prices, tariffs and the Iran war.

Qatar Tourism joins Pacific Asia Travel Association at London travel market

Qatar Tourism has joined the Pacific Asia Travel Association (PATA) as a destination member, strengthening its international industry engagement and creating further opportunities for collaboration with tourism stakeholders across the Asia Pacific region. The membership was formalised at a signing ceremony at the Qatar Pavilion during World Travel Market (WTM) London 2026.

Last news

Abdul 'Duke' Fakir of The Four Tops dead at 88

Abdul "Duke" Fakir -- the last original member of the Four Tops, the Motown hitmakers behind classics like "I Can't Help Myself (Sugar Pie Honey Bunch)" -- died Monday, US media said. He was 88 years old.

Rebounding chip shares lead US stocks higher

Semiconductor shares were among the big winners Monday, rebounding from recent weakness as US stocks climbed ahead of major earnings and economic data later this week.

The coconut tree presidency? Harris memes break the internet

Last-minute US presidential candidate Kamala Harris is racing to craft her image -- and social media users are moving even more swiftly to signal support, flooding the internet with jokes about coconuts and "brat summers."

Stocks take Biden exit from White House race in stride

Wall Street stock markets rose Monday despite Joe Biden's decision to drop out of the US presidential race fuelling fresh uncertainty.

Deep ocean 'dark oxygen' find could rewrite Earth's history

In the total darkness of the depths of the Pacific Ocean, scientists have discovered oxygen being produced not by living organisms but by strange potato-shaped metallic lumps that give off almost as much electricity as AA batteries.

Crisis-hit Boeing flies high at Farnborough Airshow

Boeing announced Monday a raft of orders on the first day of Britain's Farnborough Airshow, shrugging off safety and production woes as the industry struggles to keep up with demand.

Korean Air orders 40 Boeing planes

Korean Air lodged a firm order Monday for 40 Boeing 787 and 777X wide-body aircraft at Britain's Farnborough airshow, handing a boost to the embattled US aviation giant.

UK unveils training effort to reduce reliance on migration

Prime Minister Keir Starmer vowed Monday to reduce the UK's "long-term reliance on overseas workers" as he unveiled a new skills training organisation aimed at boosting productivity and economic growth.

Stocks diverge, dollar down as Biden exits White House race

Stock markets diverged and the dollar dropped Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty.

Spurs star Son's dad accused of verbally abusing young players

Tottenham Hotspur star Son Heung-min's father has been accused of verbally abusing a young player at his football academy in South Korea, according to a police interview transcript given to AFP by a lawyer on Monday.

Greenland arrests anti-whaling activist on Japan warrant

Police in Greenland arrested prominent anti-whaling environmentalist Paul Watson under an international warrant issued by Japan, authorities and his foundation said.

Flooding drives Liberia to mull capital city move

Severe flooding in Liberia has led a group of senators to propose relocating the capital city away from overcrowded and poorly managed Monrovia, a suggestion met with a mixture of enthusiasm and hesitancy in the West African country.

Nomadic roots, urban lives: the young Mongolians leading a transition

Freezing from horseback riding in the winter and helping her herder parents tend to livestock during summers spent outdoors -- Bat-Erdene Khulan vividly remembers her childhood on Mongolia's steppe.

Trial starts for Vietnam tycoon in $146 million graft case

A former Vietnamese property and aviation tycoon charged with $146 million in fraud and stock market manipulation went on trial in Hanoi Monday, the latest corruption case targeting the communist country's business elite.

China central bank cuts two key rates to support flagging economy

China's central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world's second-largest economy.

Asian markets drop as Biden drops out of White House race

Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared to be unmoved by China's decision to cut interest rates in a bid to boost the country's stuttering economy.

China central bank says cuts two key rates to support economy

China's central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth in the world's second-largest economy.

Universal's 'Twisters' storms to top of N.America box office

Universal's weather thriller "Twisters" spun up a huge maiden weekend, earning an estimated $80.5 million to top the North American box office, industry watcher Exhibitor Relations said Sunday.

Bangladesh court winds back job quotas that sparked unrest

Bangladesh's top court on Sunday pared back, but fell short of public demands to abolish, contentious civil service hiring rules that sparked nationwide clashes between police and university students that have killed 151 people.

Unregistered Senegal youth struggle for legal status

It was only when 12-year-old Senegalese schoolboy Lassou Samb prepared to sit his end-of-year exams that his lack of any legal documentation finally caught up with him.

Bangladesh court to rule on job quotas that sparked unrest

Bangladesh's top court was due to rule Sunday on the future of civil service hiring rules that sparked nationwide clashes between police and university students, killing 133 people.

French police clear water demonstrators from port blockade

French police removed demonstrators from the western port of La Rochelle with tear gas Saturday, as environmentalists and small farmers mobilised against massive irrigation reservoirs under construction.

South Korea complains to FIFA over racist abuse of Hwang

South Korea's football association has officially complained to the world body about an alleged racist remark directed at Wolverhampton Wanderers forward Hwang Hee-chan despite Italian club Como denying the accusations.

Lula slammed after joking about violence against women

Brazil's President Luiz Inacio Lula da Silva sparked controversy this week after making a joke about violence against women.

Conspiracy theories take off after global IT crash

From fearmongering about a looming "World War III" to false narratives linking a cabal of global elite to a cyberattack, a torrent of online conspiracy theories took off Friday after a major IT crash.

US to phase out federal purchase of single-use plastics

President Joe Biden's administration on Friday announced plans to phase out single-use plastics in all federal operations by 2035, as part of a broader effort to combat what it deemed a rising global crisis.

Air passengers 'in limbo' as global IT crash grounds flights

Travellers faced sleeping overnight at the airport or giving up and taking to the road for an arduous journey instead, as Friday's worldwide IT breakdown caused chaos and left air passengers around the world "in limbo".

Stocks slide as global tech outage rattles investors

Stock markets slid Friday after computer systems crashed worldwide, with sentiment also hit by US election uncertainty and Chinese economic worries.

Stocks mostly slide as global tech outage rattles investors

Stock markets mostly slid Friday after computer systems crashed worldwide, with sentiment also hit by US election uncertainty and Chinese economic worries.

IT outage hits athletes arriving for Paris Olympics

Paris Olympics organisers said on Friday they were experiencing problems linked to the global IT outage, causing difficulties in handing out accreditations to athletes and officials arriving for the Games.

Paris shops, restaurants say Olympics hammering business

Paris shops, restaurants, bars and clubs are facing an "unprecedented slump in business and footfall", trade groups said Friday, blaming in part the "heavy security measures" imposed ahead of the Olympic Games starting July 26.

Massive global IT crash hits airlines, banks, media

Airlines, banks, TV channels and other business across the globe were scrambling Friday to deal with one of the biggest IT crashes in recent years, caused by an update to an antivirus program.

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Arizona Tribune - Economy (English)