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Backers of billionaire tax plan to attack Newsom in early presidential primary states
The ad, funded by backers of the wealth tax, castigates Newsom for opposing Proposition 40, the ballot measure that would impose a 5% tax on California billionaires' assets.
Fencer Tong named flagbearer at Para Games closing
Para fencer Tong Nga-ting has been named Hong Kong, China’s flagbearer at the closing ceremony of the Asian Para Games on Saturday, the China Hong Kong Paralympic Committee announced. Writing on social media, the committee noted that Tong has been outstanding at the Games this year, capturing three medals. She won silver in the women's foil and épée team events, and bronze in the women's épée individual category B. The Hong Kong, China delegation has won two gold, 13 silver and 21 bronze medals so far. Edited by Edmond Fong
Rising oil prices cause Wall Street to lose ground
Stocks opened lower Friday on Wall Street as Big Tech companies tied to artificial intelligence swing lower again and oil prices rise.
Meghan Markle Says She’s ‘Deeply Distressed’ Over Child Sexual Abuse Material Allegations Against Her Dad
The Duchess of Sussex said she distanced herself from him years ago to protect her children.
China warns against space arms race, urges equal rights for all in outer space
China has unveiled a position paper on outer space governance, prioritising the prevention of space weaponisation while calling for a global framework to protect all nations’ legitimate rights beyond Earth. Addressing the inaugural Global Governance Forum near Beijing on Friday evening, Foreign Minister Wang Yi framed the document as one of eight key actions under Beijing’s Global Governance Initiative (GGI) – an overarching vision introduced by President Xi Jinping in September last year. “We...
Wall Street Journal editorial board hits Marshall for backing Social Security tax increase
The Wall Street Journal editorial board on Thursday took GOP Sen. Roger Marshall (Kan.) to task for backing an elimination of the cap on income subject to Social Security taxes. Marshall, the Journal editorial board wrote, is in “favor of what would be one of the largest peacetime tax increases in recent decades” by advocating...
‘Opportunistic’: experts weigh Manila’s minilateral agenda ahead of Trump-Xi meeting
The Philippines’ dual push for stronger “minilateral” defence links and a more robust Asean security role is dividing analysts, with one calling the move “opportunistic”. Some experts view Manila’s advocacy for the “Squad” alliance as a strategic opportunity to deepen core security partnerships while chairing the Association of Southeast Asian Nations. Others question how much actual weight is carried by this informal defence grouping – comprising the United States, the Philippines, Japan and...
URA tells owners to avoid hiring lift company at centre of fire safety probe
Hong Kong’s Urban Renewal Authority has advised property owners under a subsidy scheme against hiring a contractor that failed to install fire safety components in lifts at hundreds of buildings, saying it had “lost confidence” in the company. The move came a day after the government suspended the performance rating for Taizoom Elevator, which was found to have failed to install required fire-resistant door frame components at 338 buildings as inspections of its work across the city are carried...
Brent Crude Hits More Than Five-Month High On Houthi-Saudi Attacks, UAE Oil Spill
An oil spill from a tanker was detected off the UAE coast of Umm Al Quwain, the United Arab Emirates Ministry of Climate Change and Environment said on Friday.
U.S. claims of Canadian political interference have ‘no merit,’ Carney says
Prime Minister Mark Carney says there is "no merit" to American claims that Canadians might be interfering in U.S. politics ahead of November's midterm elections.