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JPEX crypto fraud casts shadow over Hong Kong nascent policy
Crypto investor Jenny first learned about digital assets at a Hong Kong store that promoted cryptocurrency exchange JPEX in March -- but by September she was among more than 2,000 "inexperienced" victims police said the platform had defrauded.
US states relax child labor laws amid rise in illegal work
Working in industrial laundries at age 14, laboring up to 35 hours a week on top of school -- some US states are relaxing the barriers to employing minors, despite rising cases of exploitation. Federal laws authorize teenagers aged 14 and above to work three hours a day, and up to 18 hours a week during the school term.
US farmers, tech tycoons square off over plans for utopian city
A stealth campaign by Silicon Valley elites with a dream of turning a swath of California farmland into a new age city has ranchers who live here challenging their tactics and their motives. - Dream or delusion?
Chevron workers to end Australia gas plant strike
Workers will end strike action at Chevron's gas plants in Western Australia, their union said Friday, accepting a deal proposed by Australia's industrial relations body. The union said workers from three Chevron gas facilities -- Gorgon, Wheatstone Platform and Wheatstone Downstream -- had met and decided to accept an agreement put forward by Australia's Fair Work Commission.
Rupert Murdoch, global media mogul and conservative kingmaker
Rupert Murdoch transformed media and politics on three continents, building a chain of newspapers he inherited from his father at just 21 into a lucrative and profoundly influential right-leaning empire. Meanwhile, speculation has simmered for decades over when he would retire and which of his children -- Elizabeth, 55, Lachlan, 52, or James, 50 -- would inherit control of his media empire.
Conservative media mogul Rupert Murdoch hands empire to son Lachlan
Rupert Murdoch announced Thursday he will step down as chairman of his global media empire, a conservative behemoth that shaped politics across continents, and hand control over to his son Lachlan.
UK's Sunak defends climate policy shift
Britain's Prime Minister Rishi Sunak on Thursday insisted he was "not slowing down efforts" to tackle climate change, a day after softening green policies aimed at achieving net zero carbon emissions by 2050. But Sunak said in an interview with the BBC: "We are absolutely not slowing down efforts to combat climate change.
US home sales continue downward trend as prices climb
Sales of US homes crept down further in August, industry data showed Thursday, as supply remained limited while mortgage rates stayed high. NAR data also showed that home prices continued climbing despite slower sales.
Markets sink, dollar gains as Fed hints at fresh rate hike
Asian and European stocks sank Thursday and the dollar advanced after the US Federal Reserve indicated it could hike interest rates again this year and keep them elevated longer than feared as it struggles to bring inflation to heel.
AFP
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