World News
World news, global politics, business, technology, and culture—stay updated with breaking stories, international trends, and major events. Get the latest from The Thaiger, your trusted source for global news.
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China increasingly uses yuan for trade with Russia, sidelining the dollar
China has significantly raised its use of the yuan for purchasing Russian commodities in the past year, with almost all its procurement of oil, coal, and some metals from the neighbouring country now settled in the Chinese currency instead of US dollars, multiple trading executives with direct knowledge of the situation have revealed. The shift towards using the yuan to…
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Philippine economy grows 6.4 per cent in first quarter, beating expectations
The economy of the Philippines experienced a 6.4% expansion in the first quarter compared to the previous year, according to the country’s statistics agency. This development surpasses expectations, with analysts previously predicting a 6.1% annual growth in the gross domestic product (GDP). On a quarterly basis, growth slowed to 1.1% compared to the earlier reported 2.4% expansion in the previous…
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China’s consumer price index sees slowest growth in two years
China’s consumer prices experienced a slow increase over the past two years in April, with factory gate deflation becoming more pronounced, according to recent data. This outcome has prompted conjecture that additional stimulus activities may be necessary to enhance the uneven post-pandemic economic recovery. In April, the consumer price index (CPI) increased by 0.1% year-on-year, making it the lowest level…
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Disney reduces streaming losses but sheds subscribers as earnings meet expectations
Walt Disney has reported a reduction in streaming losses by US$400 million from the previous quarter; however, the company also experienced a drop in subscribers. The entertainment giant shared this information on Wednesday as part of its recent quarterly earnings release, which fell in line with Wall Street expectations. Following the report, shares of Disney declined by 4.4% during after-hours…
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China’s shrinking birth rate impacts baby product manufacturers
A decline in China’s population is creating a challenging environment for the country’s baby and children’s product manufacturers, as domestic sales plummet and companies grapple with finding alternative revenue streams. As the world’s largest market for baby food and diapers, valued at US$37.9 billion annually, prepares to contract for the first time, firms are turning their attention to products for…
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China faces backlash over pressure on dissidents abroad but remains undeterred
China is currently facing a strong backlash from Western countries such as the United States, Canada, and the United Kingdom, regarding its controversial efforts to pressure dissidents and their advocates abroad. Despite arrests, expulsions, and investigations taking place, Beijing remains persistent and undeterred in its actions. Isaac Stone Fish, founder and CEO of Strategy Risks, suggests that the increasingly assertive…
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Deep concern over Myanmar violence dominates Asean Summit
Southeast Asian nations expressed deep concern over the ongoing violence in Myanmar, condemning a recent attack on a convoy of diplomats delivering humanitarian aid in the country. The crisis in Myanmar, which is under junta rule, has been a dominant topic of discussion at this week’s Association of Southeast Asian Nations (ASEAN) Summit in Indonesia, as the regional bloc has…
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Myanmar peace plan progress lacking, says Indonesia’s president
Despite having agreed to implement a peace plan with the Association of Southeast Asian Nations (ASEAN) two years ago, Myanmar’s ruling military has made no significant progress, according to Indonesia’s president. Speaking on the second day of the ASEAN leaders’ meeting in Labuan Bajo, President Joko Widodo stressed the need for the bloc’s unity in deciding the next steps to…
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US prepares for migrant surge as Mexico border restrictions set to end
Tens of thousands of US law enforcement personnel have been deployed to the border with Mexico, according to officials, as waiting migrants voiced confusion and anger over an impending change to entry rules. The United States is preparing for a surge in people claiming refuge from political persecution, climate-related disasters, and poverty when pandemic-era restrictions expire overnight later this week.…
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Inter Milan triumph in Champions League last-four derby against AC Milan
Inter Milan is well on their way to the Champions League final after a superb 2-0 victory against AC Milan in last night’s pulsating last-four derby at the San Siro. Ahead of Tuesday’s second leg, Inter has taken control of the most significant Milan derby in years, thanks to goals from Edin Dzeko and Henrikh Mkhitaryan in the opening 11…
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Taiwan’s offshore wind farms amid China tensions and geopolitical risks
In the port city of Taichung on Taiwan‘s west coast, a crane hoists into place the final section of a white wind turbine tower that stands almost a hundred metres tall. This turbine will be one of 111 spinning at a multi-billion US dollar offshore wind project up to 60km into the Taiwan Strait. Constructed by Denmark’s Orsted, this project…
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Ukrainian journalist’s hedgehog rescue offers light amidst the devastation of war
Amid the devastation in Ukraine covered by AFP journalist Arman Soldin, 32 years old, one moment stands out as a touching act of kindness in the face of war—the rescue of a wounded hedgehog. Unfortunately, Soldin lost his life to rocket fire just days after sharing the heartwarming story on Twitter. The thread documents the journey of nursing the hedgehog…
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Fighting intensifies in Khartoum as Sudanese struggle with shortages
The Sudanese capital, Khartoum, and the city of El Obeid, located 350 kilometres southwest, are witnessing ongoing violent clashes, forcing many locals to flee their homes and face dangerous journeys across the country’s borders. For those unable to leave, food and essential supply shortages have become a pressing problem, with people relying on local charity networks and neighbours for survival.…
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Tributes pour in for AFP journalist killed in Ukraine
Grief and condolences have been flooding in following the tragic death of AFP journalist Arman Soldin, who was killed while covering the conflict in Ukraine – Europe’s deadliest since World War II. Soldin’s death occurred when the AFP team he was with came under fire by Grad rockets while accompanying a group of Ukrainian soldiers near Bakhmut, which has remained…
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Life with HIV: Long-term survivors share their experiences
Over three decades ago, receiving an HIV diagnosis was akin to being handed a death sentence. Many endured discrimination, devastating personal losses, and gruelling drug side effects. However, advances in treatment have enabled millions of individuals to live with this virus. To mark the 40th anniversary of the discovery of the virus responsible for AIDS, four long-term survivors shared their…
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UK prime minister defends police after anti-monarchist arrests during coronation
LONDON – UK Prime Minister Rishi Sunak defended the country’s police forces on Tuesday, emphasizing their operational independence after facing criticism for arresting anti-monarchists prior to a protest at King Charles III’s coronation. Sunak expressed his support for London’s Metropolitan Police, which had been condemned for detaining six members of the advocacy group Republic just hours before Saturday’s event. “They…
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US jury deliberates on Donald Trump’s liability in rape allegation lawsuit
New York – A US jury began deliberations on Tuesday to determine whether former president Donald Trump is liable for the alleged rape of an American former magazine columnist in the mid-1990s. If the nine jurors rule in favour of accuser E. Jean Carroll, it would mark the first time Trump has faced legal consequences over claims of sexual misconduct.…
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Biden holds crucial meeting with Republicans on US debt limit impasse
President Joe Biden recently held a crucial meeting with Republican leaders to address the impasse over the US debt limit, which has far-reaching consequences on the world’s largest economy as well as the upcoming presidential election. The meeting at 4pm included Biden, House Speaker Kevin McCarthy, and Senate Republican leader Mitch McConnell. As the national debt ceiling, currently standing at…
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Moscow amusement park accident injures at least 20 people, including children
Shocking footage has emerged showing the horrifying moment that an amusement park ride broke down in mid-air, resulting in at least 20 individuals being injured, including eight children. The incident occurred at an amusement park in the eastern part of Moscow on May 8. Two of the injured individuals are in critical condition. The alarming video captures the chilling moment…
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Japan works towards opening NATO liaison office in Tokyo
Japan is progressing with plans to establish a NATO liaison office in Tokyo, according to Japan’s ambassador to the US, Koji Tomita. Speaking at an event held by the National Press Club in Washington, Tomita referred to a report by Nikkei Asia earlier this month, which stated that the US-led alliance intends to open the office – it’s first in…
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Anthropic’s AI constitution: creating a safer rival to OpenAI’s ChatGPT
Google owner Alphabet-backed artificial intelligence (AI) startup Anthropic has revealed its rival to OpenAI’s ChatGPT, named Claude, which comes with a set of written moral values designed to make the chatbot safe to use. The moral values guidelines, known as Claude’s constitution, draw from various sources such as the United Nations Declaration on Human Rights and Apple Inc’s data privacy…
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Illegal brothel discovered in Singapore after Thai woman climbs out window
Police uncovered an illegal brothel in Singapore after someone reported seeing a Thai woman standing on a third-floor ledge of a residential building in Jalan Besar on April 8. On Monday, the woman on the ledge was sentenced to prison after pleading guilty to living off the earnings of the prostitution of another person. A passerby saw the woman standing…
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UK enjoys well-being boost from rare triple public holiday in May
This year’s coronation of King Charles III has increased the number of public holidays in the United Kingdom. With the special public holiday on the Monday following the May 6 ceremony, along with the early May bank holiday and the spring bank holiday later in the month, many workers are enjoying a celebratory period. Typically, public holidays in the UK,…
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Twitter CEO Elon Musk reveals new features including calls and encrypted messaging
Details regarding new features for Twitter, including calls and encrypted messaging, have been unveiled by Chief Executive Elon Musk, 49 years old, on Tuesday. Last year, Musk teased plans for “Twitter 2.0 The Everything App,” which he claimed would contain options like encrypted direct messages (DMs), long-form tweets, and payments. Musk announced in a tweet on Tuesday that the platform…
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Imran Khan to face graft charges in special court following nationwide protests
Former Pakistan Prime Minister Imran Khan is set to appear in a special court today at Islamabad’s police headquarters to address corruption allegations, following his unexpected arrest that led to violent nationwide protests yesterday. Khan’s detention comes after months of political turmoil, and soon after the influential military criticized the former cricket star for claiming that a high-ranking officer was…
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Mongolia battles desertification as yellow dust storms become more frequent
Baruun-Urt, Mongolia is witnessing frequent strong winds and heavy dust storms as the country experiences increasing desertification and land degradation. A decline in vegetation cover has affected approximately 77% of Mongolia’s total territory, according to the Ministry of Environment and Tourism. Climate change and human activities are believed to be the primary causes of desertification in the country. In April,…
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OCBC reports record net profit in Q1 as strong net interest income growth boosts earnings
Singapore‘s second-largest lender, Oversea-Chinese Banking Corp (OCBC), has reported a 39% increase in first-quarter profit compared to a year ago, driven by robust net interest income expansion. OCBC, also the second-largest bank in Southeast Asia by assets, revealed a net profit of US$1.42 billion between January and March, up from US$1.02 billion during the same period last year, significantly surpassing…
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Trudeau slams Meta over plans to block Canadian news in response to proposed legislation
Prime Minister Justin Trudeau has criticized Meta after the company’s executives announced plans to block news for Canadian Facebook and Instagram users in response to proposed legislation. The new law, known as the Online News Act, would require digital giants to pay for local journalism content. Currently, the bill is being considered by the Senate. Google also revealed in February…
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Airbnb forecasts fewer bookings and lower daily rates in Q2 compared to last year
Airbnb Inc announced on Tuesday that it anticipates fewer bookings and reduced average daily rates in the second quarter compared to the previous year, resulting in an 11.5% decrease in share value during after-hours trading. US travel companies, which have profited from increased prices and hybrid work, are adjusting their 2023 forecasts as pre-pandemic travel patterns resume and consumers seek…
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China and Germany tensions worsen over Ukraine sanctions and neutrality stance
China-Germany tensions escalated yesterday as the two nations exchanged sharp words over the Ukraine crisis. with Beijing warning the EU not to sanction Chinese firms while Berlin argued that “neutrality” in the conflict meant siding with Russia. During their second meeting in a month, Chinese Foreign Minister Qin Gang and German Foreign Minister Annalena Baerbock clashed repeatedly over the responsibilities of…
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