Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:28
Stocks Traders Eyeing Fed Hedge for Rally With Call Options
Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set
2023-06-12 09:48
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:15
Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
Oil extended losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
2023-06-12 08:57
BOJ’s Ueda Likely to Hold With Bond Market on His Side For Now
A less-distorted bond market, continued weakness in wages and the threat of an early election are among the
2023-06-12 08:15
Hong Kong Economy to Grow Faster, Singapore to Slow, Survey Says
Hong Kong’s economy is expected to grow faster than previously forecast this year as consumer spending rebounds, while
2023-06-12 07:56
Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
2023-06-12 07:50
Cautious Open in Asia as Traders Eye Rate Meetings: Markets Wrap
Asian stocks were set for a cautious open while major currencies traded in narrow ranges early Monday as
2023-06-12 06:47
Malaysia Woos Microsoft, Google to Bolster Data Hub Ambitions
Malaysia wants to lure Microsoft Corp. and Alphabet Inc.’s Google in its drive to be a data hub
2023-06-12 06:26
Senator Ron Johnson falsely claims that Trump declined to prosecute Hillary Clinton
A GOP senator used a bit of alternative history to paint the Justice Department’s decision to prosecute Donald Trump as improper and politically motivated on Sunday. Ron Johnson was speaking on Fox News’s Sunday Morning Futures with host Maria Bartiromo when he made the claim that the twice-impeached former Republican president had, in fact, decided against directing the Justice Department to prosecute Hillary Clinton, the opponent he famously vowed to “lock up” countless times on the campaign trail. "[President Gerald] Ford decided it was best for America to not pursue prosecution against [President Richard] Nixon. President Trump pretty much made the same decision, decided not to pursue any kind of prosecution of Hillary Clinton,” said Mr Johnson. “Joe Biden could have made the same decision. He didn't,” added the senator. There were a couple of important issues with Mr Johnson’s assertion, however. Number one, Mr Ford did not direct the Justice Department to end a criminal investigation into his predecessor; instead, he pardoned Mr Nixon for any crimes he committed while in office, making a prosecution moot. Mr Trump hardly extended that same gesture to Ms Clinton. In fact, the Department of Justice closed the investigation into the Democratic secretary of State on two separate occasions, both before Mr Trump ever took office. The final end to that probe occurred two days before Mr Trump’s 2016 election victory, after the FBI had made the controversial decision to reopen the investigation with just days to go in the race. Mr Johnson’s apparent assertion that Mr Biden should consider pardoning Mr Trump for crimes he may have committed is the latest in an emerging line of half-hearted defences of the former president by Republicans aligned with the party’s establishment. Others, like Ohio’s new senator, JD Vance, have rejected the idea that any crimes could have been committed at all. Those more forceful arguments align more closely with the former president’s own; Mr Trump has loudly insisted that he is not guilty of the numerous allegations levied against him in the DoJ’s indictment, including witness tampering and violations of the Espionage Act. He also faces a separate set of criminal charges in New York stemming from a scheme to pay hush money to an adult film star, Stormy Daniels. Mr Trump has pleaded not guilty in that case. Read More Ivanka and Jared split over attending Trump 2024 launch – follow live Why was Donald Trump impeached twice during his first term? Four big lies Trump told during his 2024 presidential announcement Lindsey Graham ties himself in knots trying to defend Trump over classified documents indictment ‘It’s making them angrier’: North Carolina Republicans rally around Trump after indictment Trump allies cite Clinton email probe to attack classified records case. There are big differences
2023-06-12 06:22
Hong Kong Bid to Ban Protest Song Spurs Fear of Google Pullout
Hong Kong’s intent to ban internet platforms from hosting a protest song is raising concern the move may
2023-06-12 06:15
Ukraine claims first successes of counter-offensive as it recaptures three villages
Ukraine claimed the first successes of its counter-offensive on Sunday as it recaptured three villages from Russian forces in the south-east of the country. Unverified footage showed Kyiv’s forces hoisting the Ukrainian flag at a building in the village of Blahodatne in Donetsk region and posing with their unit’s flag in the adjacent village of Neskuchne. The troops also reportedly retook Makarivka, the next village to the south, and advanced between 300 and 1,500 metres in two directions on the southern front, deputy defence Minister Hanna Maliar said in a statement. “No positions were lost on the directions where our forces are on the defensive,” Maliar added. President Volodymyr Zelensky said Saturday that Ukrainian “counteroffensive and defensive operations” were taking place. Russian president Vladimir Putin said on Friday that a Ukrainian military push was well underway, but that it had failed and had so far suffered “significant losses”. Kyiv has kept information of its counter-offensive secret and urged Ukrainians not to disclose any information that could compromise the operation. The video from Blahodatne showed Ukrainian troops inside a heavily damaged building as the sound of artillery rumbled in the distance. “We’re kicking the enemy out from our native lands. It’s the warmest feeling there is. Ukraine is going to win, Ukraine above everything,” an unidentified soldier said in the video on Facebook. Russia said at least twice this week that it had repelled Ukrainian attacks close by the nearby settlement of Velyka Novosilka. The occupied southeast is seen as a likely priority for Kyiv’s forces that may aim to sever Russia’s land bridge to the annexed peninsula of Crimea and split Russian forces in half. Makarikva is around 90km northwest of the city of Mariupol, which lies on the Sea of Azov on the southern rim of the land bridge. Russia captured the major city last year after besieging and bombarding it for several weeks. Russia has built vast fortifications across occupied territory to prepare for a Ukrainian counterattack using thousands of troops trained and equipped by the West. In her statement, Maliar also said Ukrainian forces were continuing assault operations in the east near the devastated city of Bakhmut and had advanced 250 metres near the Berkhivka Reservoir. Russia said it captured the city of Bakhmut last month after the bloodiest and longest battle of the February 2022 full-scale invasion, but Kyiv has said it has been regaining ground on the flanks of the city. The General Staff of the Ukrainian armed forces said separately that a motorised infantry brigade had advanced on the front line around the eastern city Avdiivka in recent days and captured a Russian position, but it provided no further details. In other developments, the Ukranian president said on Sunday that work has already started on an investigation by the International Criminal Court of the breach of the Kakhovka dam. “Representatives of the International Criminal Court have visited Kherson region in recent days,” Mr Zelensksy said in his nightly video address. “On the very first day after the disaster, the general prosecutor’s office sent a corresponding request to the International Criminal Court concerning an investigation of this disaster and the work has already begun.” Mr Zelensky said it was important that international legal experts saw the aftermath of the disaster, including incidents of shelling of flooded areas. Officials said three people were killed on Sunday in Russian shelling of boats carrying evacuees. The president said Ukrainian rescue teams had evacuated about 4,000 residents from affected zones - including areas on the Russian-occupied east bank of the Dnipro River. Additional reporting by agencies Read More Ukraine-Russia war – latest: Kyiv says it has liberated first village in counter-offensive action Air Defender 23: Nato exercise will divert and delay hundreds of planes each day Volodymyr Zelensky welcomes Canadian prime minister Justin Trudeau for surprise Ukraine visit The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
2023-06-12 05:48