China cuts rates, could buy up commercial housing to boost property market
China cut the minimum down payment rate for first-time homebuyers on Friday and suggested the government could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis.
Read moreCostner, Gere, Demi Moore: Hollywood icons on Cannes comeback trail
This year's Cannes Film Festival hosts a trio of heartthrobs from the back end of the 20th century, making their comeback on the red carpet: Demi Moore, Kevin Costner and Richard Gere.
Read moreBrazil to host 2027 Women's World Cup as Gaza overshadows FIFA meeting
Brazil was chosen to host the 2027 Women's World Cup on Friday, beating a joint Belgium-Netherlands-Germany bid at a FIFA congress marked by debate about the war in Gaza.
Read morePalestinians call for Israeli ban as Gaza war spills into football
The war in Gaza came to the fore at world football's biggest meeting on Friday as the Palestinian association called for Israel to be immediately suspended from FIFA.
Read moreCrisis-ridden Boeing hopes for quiet annual meeting
Boeing's annual meeting on Friday comes amid an exceptionally difficult period for the crisis-ridden company, creating potential for drama at an event that is usually a snooze-fest.
Read moreVienna Festival director Milo Rau hits back at anti-Semitism accusations
One of the latest events in Europe to be hit with accusations of anti-Semitism, the Vienna Festival kicks off Friday, with its new director, Milo Rau, urging that places of culture be kept free of the "antagonism" of the Israel-Hamas war while still tackling difficult issues.
Read moreChina says could buy up commercial housing to boost property market
A top Chinese economic official said Friday the state could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis.
Read moreRapidus 'last opportunity' to put Japan back on global chip map
Japan's Rapidus project that brings together some of the world's biggest companies is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned.
Read moreDespite Western pressure, China in no hurry to reduce Russia support
Despite Western calls on China to cut its support for Moscow's war against Ukraine by limiting supplies of dual-use materials and weapons components to Russia, Beijing has no interest in dropping its backing for President Vladimir Putin, analysts say.
Read moreFor sale: unique piece of land in strategic Arctic archipelago
The last piece of privately owned land in the strategic Svalbard archipelago in the Arctic is up for grabs, a property likely to entice China but which Norway does not intend to let go without a fight.
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