New Zealand exits recession, but economic troubles linger
GDP grows 0.2 percent in first quarter, buoyed by record immigration. New Zealand’s economy has crawled out of recession after back-to-back downturns in the span of 18 months. Gross domestic product (GDP) grew 0.2 percent in the first three months of the year, official figures showed on Thursday, after a 0.1 percent contraction during the
China Coast Guard accused of behaving ‘like pirates’ in South China Sea
Philippines says coastguard personnel armed with knives and spears boarded their ships in Second Thomas Shoal confrontation. The Philippines has accused the China Coast Guard of acting “like pirates”, saying personnel armed with knives and spears boarded their resupply vessels at Second Thomas Shoal in the latest confrontation in the disputed South China Sea. Chief
Nvidia becomes world’s most valuable company, dethroning Microsoft
Chip giant’s market capitalisation hits $3.335 trillion as stock price continues its stellar rise. Nvidia, the startup at the centre of the artificial intelligence boom, has become the world’s most valuable company, knocking Microsoft off the top spot. Nvidia’s market capitalisation hit $3.335 trillion on Tuesday as shares of the chipmaker rose by 3.5 percent
Russia-Ukraine war: List of key events, day 845
As the war enters its 845th day, these are the main developments. A couple in occupied eastern Donetsk assess the damage to their home from recent shelling [Alexander Ermochenko/Reuters] Here is the situation on Wednesday, June 19, 2024. Fighting Ukrainian forces launched an overnight drone attack that set several oil storage tanks ablaze in southern
China accused of erasing religion, culture from Uighur village names
Rights groups’ analysis of official data from 2009-2023 shows some 630 villages in Xinjiang had their names changed in this way. China has “systematically” changed the names of hundreds of villages with religious, historical, or cultural meaning for Uighurs to names that resonate with the ideology of the Chinese Communist Party, according to a new
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