Latest

Elon Musk: rocket man takes aim at Washington
Elon Musk: rocket man takes aim at Washington
Economy
by  AFP

Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at least for now -- with the US president-elect handing him an outsized role to overhaul the government. Years later, Musk has become Trump's most prominent celebrity endorser, leaning fully in to get him and his "Make America Great Again" agenda back in the White House.

Australian airlines cancel Bali flights after volcano erupts
Australian airlines cancel Bali flights after volcano erupts
Economy
by  AFP

Several Australian airlines on Wednesday cancelled their flights to and from the Indonesian resort island of Bali, after a nearby volcano catapulted an ash tower miles into the sky. Australian tourists make up one of the biggest groups of tourists that visit the resort island every year.

China's Xi heads to Peru for APEC meeting shrouded in Trump fears
China's Xi heads to Peru for APEC meeting shrouded in Trump fears
Economy
by  AFP

Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) organisation leaders overshadowed by fears of renewed global trade tensions under Donald Trump. Xi will join leaders from the United States and other Asia-Pacific nations in the Peruvian capital Lima for the APEC gathering, after which he will go to Brazil for a G20 summit.

Asian markets extend losses as Trump fears build
Asian markets extend losses as Trump fears build
Economy
by  AFP

Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation. After an initial rally in the wake of the tycoon regaining the White House, Asian markets have pulled back this week as his cabinet begins to emerge.

Trump presidency raises fresh conflict of interest concerns
Trump presidency raises fresh conflict of interest concerns
Economy
by  AFP

Donald Trump's impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency and other ventures raising fresh concerns. After he left the White House, Trump made himself a co-administrator of the trust.

Aga Khan emerald fetches record $9 mn in Geneva auction
Aga Khan emerald fetches record $9 mn in Geneva auction
Economy
by  AFP

A rare square 37-carat emerald owned by the Aga Khan fetched nearly nine million dollars at auction in Geneva on Tuesday, making it the world's most expensive green stone. Also set with diamonds, the previous record-holder fetched $6.5 million at an auction of part of Hollywood legend Elizabeth Taylor's renowned jewellery collection in New York. vog/sbk/ach