BIDENS PROPOSAL
Asian stocks fluctuate as traders weigh Trump win
Asian stocks fluctuated amid US election uncertainty. Markets in Japan, Australia, and South Korea remained stable. Yields on 10-year Treasuries held steady. Wall Street edged higher with tech megacaps leading the rally. The Democratic National Committee considers early Biden nomination. Supreme Court ruling on Trump's immunity affects the election. Fiscal deficit policies are investors' focus.
Biden and Trump are set to debate. Here's what their past performances looked like
In 2024, many of the rules insisted on this time by Biden's team - and agreed to by the Trump campaign - are designed to minimize the potential of a chaotic rerun. Each candidate's microphone will be muted, except when it's his turn to speak. There will be no studio audience to chime in with hoots and jeers.
Netanyahu says he won't agree to a deal that ends the war in Gaza, testing the latest truce proposal
Israeli Prime Minister Benjamin Netanyahu's recent comments about only agreeing to a "partial" cease-fire in Gaza have cast doubt on a U.S.-backed proposal to end the eight-month-long conflict. Netanyahu stated he is open to a temporary pause to secure the release of some of the roughly 120 hostages held by Hamas but insisted that Israel must continue its military operations to fully eliminate Hamas. This stance contrasts with U.S. President Joe Biden's proposed three-phased plan, which includes a permanent cease-fire and the release of all hostages.
US proposes rules to stop Americans from investing in Chinese technology with military uses
The proposed rule stems from President Joe Biden's August 2023 executive order regarding the access that "countries of concern" have to American dollars that fund advanced technologies, which the US government says would enhance their military, intelligence, surveillance and cyber capabilities. The order identified China, Hong Kong and Macau as countries of concern.
US proposes targeted restrictions for AI, tech investment in China
The U.S. proposed rules to regulate investments in China to prevent sensitive technology development, supported by Treasury Assistant Secretary Paul Rosen.
Trump's U-turn on immigration policy, proposes green card for foreign graduates from US colleges
During a podcast interview with Silicon Valley tech investors, Trump promised to make it easier to bring talent to the US. Donald Trump said anyone who graduates from a US college should be able to stay in the country. This proposal contrasts sharply wit...
- Go To Page 1
The fate of the latest cease-fire proposal hinges on Netanyahu and Hamas' leader in Gaza
The proposed cease-fire deal for Gaza is influenced by Israeli Prime Minister Benjamin Netanyahu and Hamas' leader in Gaza, Yahya Sinwar. Both leaders face significant political and personal pressures that may influence their decision-making. Hamas has accepted the broad outline of the plan but requested "amendments," while Netanyahu has publicly disputed aspects of it, even though the U.S. has framed it as an Israeli plan.
Biden to give legal protections to immigrant spouses of US citizens
President Joe Biden will announce new protections for immigrant spouses of U.S. citizens, marking the 12-year anniversary of DACA. The policy will shield them from deportation, provide work permits, and offer a pathway to citizenship.
Israel's army says it will pause daytime fighting along a route in southern Gaza to help flow of aid
The army said that the daily pause would begin at 8 a.m. (0500 GMT) and last until 7 p.m. (1600 GMT) and continue until further notice. It's aimed at allowing aid trucks to reach the nearby Israel-controlled Kerem Shalom crossing, the main entry point, and travel safely to the Salah a-Din highway, a main north-south road, the military said. The crossing has had a bottleneck since Israeli ground troops moved into Rafah in early May.
Pope Francis becomes the first pontiff to address the Group of Seven nations, talking about AI
Francis addressed the G7 and other invited countries at their annual summit in southern Italy. When he arrived, the room, which had been boisterous with delegations, went quiet as he greeted each of the G7 members and the expanded guest list.
World leaders join Ukraine summit in test of Kyiv's diplomatic clout
More than 90 countries will take part, but China's absence in particular has dimmed hopes the summit would show Russia as globally isolated, while recent military reverses have put Kyiv on the back foot. The war in Gaza between Israel and Hamas has also diverted the world's attention from Ukraine.
Blinken says some Hamas proposals unworkable but work on ceasefire to continue
Hamas proposed changes to a U.S. ceasefire proposal for the Gaza war, with some deemed unworkable by U.S. Secretary of State Antony Blinken. Despite this, mediators aim to bridge gaps between Hamas and Israel. Hamas wants a ceasefire to lead to a permanent end to hostilities, Israeli withdrawal, Gaza's reconstruction, and Palestinian prisoner release. Blinken believes the remaining gaps can be bridged, and negotiations with Egypt and Qatar continue to secure a deal. The conflict has resulted in over 1,200 deaths and the capture of more than 250 hostages by Hamas, with ongoing efforts to free them.
President Joe Biden's son, Hunter Biden, is convicted of all 3 felonies in federal gun trial
Hunter Biden was convicted of felony charges in Delaware's federal court. He showed little emotion as the verdict was read and faces up to 25 years in prison. The judge, Maryellen Noreika, will determine his sentencing.
Hunter Biden case: Meet US Judge Maryellen Noreika who will decide fate of President Joe Biden's son
US President Joe Biden's son Hunter Biden has hogged the limelight for all the negative reasons and now his fate will be decided the US Federal Judge Maryellen Noreika.
Biden asks Americans to recommit to democracy in Normandy cliff speech
President Joe Biden, in Normandy, compared threats by dictators today to Nazi Germany, urging Americans to resist isolationism and support Ukraine in its war with Russia. He emphasized the heroism of the Army Rangers on D-Day and criticized Trump's isolationist tendencies.
PM Netanyahu aide: Joe Biden's Gaza plan 'not a good deal' but Israel accepts it
In an interview with Britain's Sunday Times, Ophir Falk, chief foreign policy advisor to Netanyahu, said Biden's proposal was "a deal we agreed to — it's not a good deal but we dearly want the hostages released, all of them". "There are a lot of details to be worked out," he said, adding that Israeli conditions, including "the release of the hostages and the destruction of Hamas as a genocidal terrorist organisation" have not changed.
Israel battles Hamas as mediators urge both to accept Gaza truce plan
Palestinian militant group Hamas, meanwhile, has said it "views positively" what Biden described as an Israeli proposal. Netanyahu, a hawkish political veteran leading a fragile right-wing coalition government, is under intense domestic pressure from two sides.
Despite mediators' push, Israel PM not relenting on Gaza truce
Netanyahu is under pressure from two sides. Protesters supporting the hostages, who rallied again in their tens of thousands in Tel Aviv on Saturday, are urging him to strike a truce deal - but right-wing extremist allies are threatening to bring down his fragile coalition government if he does.
Israel far-right ministers threaten to quit if Biden plan goes ahead
Far-right Israeli ministers threaten to quit Netanyahu's government over a potential hostage release deal with Hamas militants outlined by Biden, risking coalition instability amid Gaza war tensions.
Netanyahu says no Gaza ceasefire until Hamas destroyed
Israeli Prime Minister Benjamin Netanyahu rejected the idea of a permanent ceasefire with Hamas until the group's military and governing capabilities are destroyed, despite a proposed truce involving an initial six-week ceasefire. Biden had mentioned Israel's proposal for a temporary truce and partial withdrawal. Netanyahu's stance contrasts with Hamas, which seeks a permanent ceasefire, Israeli troop withdrawal, and prisoner release. The conflict, ongoing since October 7, has led to significant casualties and displacement, with peace talks struggling to find common ground.
What's in the new Israel ceasefire proposal Biden announced?
U.S. President Joe Biden proposed a three-phase ceasefire plan to end the war in Gaza, involving a ceasefire, release of hostages and prisoners, and Gaza reconstruction, amidst a humanitarian crisis.
Israel PM Benjamin Netanyahu insists Gaza war will not end until 'elimination' of Hamas
Israeli Prime Minister Benjamin Netanyahu stated that the Gaza war will continue until Hamas's capacity to govern and make war is eliminated, despite US President Joe Biden offering a new peace roadmap.
Israel's new proposal provide roadmap to ceasefire, hostage release: US President Joe Biden
President Joe Biden announced Israel's proposal for a ceasefire with Hamas in Gaza, involving the release of hostages. The proposal outlines a six-week plan for a ceasefire and hostage release, with involvement from Qatar and a diplomatic source. The White House clarified criteria for US policy regarding a ground invasion in Rafah.
Joe Biden presents new Israel ceasefire plan, calls on Hamas to accept it
An earlier hostage proposal put forward earlier this year called for the release of sick, elderly and wounded hostages in Gaza in exchange for a six-week ceasefire that could be extended to allow for more humanitarian aid to be delivered into the enclave.
With friends of America like this...
Israeli Prime Minister Benjamin Netanyahu's actions are creating difficulties for U.S. President Joe Biden. Despite Biden's refusal in early May to supply bombs and artillery shells for an Israeli invasion of Rafah in southern Gaza, evidence of a U.S.-made precision bomb at the site of an Israeli strike has surfaced. This has put Biden's credibility and the U.S.'s role as a global stabilizer at risk. The White House maintains that Israel's actions haven't crossed red lines, but evidence suggests otherwise.
What are the costs behind Trump's economic proposals?
Former President Donald Trump is considering imposing tariffs on all US imports, potentially costing consumers $500 billion annually. His proposals include a 10% tariff on all trading partners and higher levies on Chinese goods, aiming to offset tax cut extensions. These policies could disproportionately impact lower-income groups.
Israel strikes eastern Rafah as ceasefire talks end with no deal
Israeli tanks and warplanes have bombarded areas of Rafah, Palestinian residents said, following President Joe Biden's statement that the US would withhold weapons from Israel if its forces mounted a major invasion of the southern Gaza city. A senior Israeli official said that the latest round of indirect negotiations in Cairo had ended and Israel would proceed with its operation in Rafah and other parts of the Gaza Strip as planned. Israel has submitted to mediators its reservations about a Hamas proposal for a hostage release deal, and the Israeli delegation is returning from the Egyptian capital.
Hamas received 'extraordinarily generous' ceasefire proposal from Israel, says Blinken
"In this moment the only thing standing between the people of Gaza and a ceasefire is Hamas," US Secretary of State Antony Blinken told World Economic Forum (WEF) President Borge Brende in the Saudi capital Riyadh. "They (Hamas) have to decide and they have to decide quickly," he said. "I'm hopeful that they will make the right decision."
Trump's import tariff proposal would be lose-lose, WTO chief says
WTO chief warns of global trade instability if Trump imposes 10% tariff, urging members to remain composed to safeguard the system from retaliation and preserve stability.
Load More
