Economy
China planning to cut taxes on home buying: report
China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday. Beijing has in recent months also announced a raft of measures aimed at boosting economic activity, including rate cuts and the easing of some home purchasing restrictions.
Dutch court to rule in Shell climate appeal
Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce carbon emissions, which climate activists say it has not implemented. But Shell, which called litigation "ineffective" to address climate change, is appealing the 2021 ruling, while environmental groups accuse the oil giant of failing to take action.
Nintendo courts non-gamers in 'about-turn' strategy
Once confined to rectangular screens, chirpy plumber Mario and pointy-eared Princess Zelda are popping up in theme parks and toy stores as Nintendo goes all out to win non-gamer fans. - Wii success - The two next consoles -- the portable DS with two screens, and the remote-controlled Wii -- were designed to attract non-gamers.
Naira crashes again in official window, appreciates in black market
The Nigerian currency, the naira, was exchanged weaker in the official window and appreciated in the parallel market as Rewane predicts a stronger naira in 2025.
Expert projects new exchange rates for naira as CBN slashes Customs duty
An economist, Bismarck Rewane, has projected a sound exchange rate for the Nigerian naira in January 2025, saying the currency will bounce back stronger.
China's largest air show takes off with fighter jets, attack drones
Stealth fighter jets and attack drones took centre stage as China's largest air show officially opened on Tuesday, an opportunity for Beijing to showcase its growing military might to potential customers and rivals alike. The star of Airshow China, which showcases Beijing's civil and military aerospace sector every two years in the southern city of Zhuhai, is the new J-35A stealth fighter jet.
Sri Lanka's leftist president faces first parliament test
Sri Lanka's new leftist leader has drawn strong support from an unlikely source as he seeks to expand his three parliamentary seats to a house majority in elections on Thursday. Voting opens Thursday at 7:00 am (0130 GMT) for 8,880 candidates contesting 225 seats in parliament, with initial results expected as early as Friday morning.
Asian markets stutter with focus on China as Trump picks team
Traders struggled Tuesday to bounce back from the previous day's losses in most markets sparked by disappointment over China's economic support measures, while keeping tabs on the United States as president-elect Donald Trump builds his cabinet.
Bees help tackle elephant-human conflict in Kenya
"We used to hate elephants a lot," Kenyan farmer Charity Mwangome says, pausing from her work under the shade of a baobab tree. It is also expensive -- about 150,000 Kenyan shillings ($1,100) to install hives -- well beyond the means of subsistence farmers, though the project organisers say it is still cheaper than electric fences.
Economy
Load more