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Gun shots fired at Jewel Chowk; police on site

January 21, 2025

China consumer belt-tightening constrains KFC operator, Starbucks
TOKYO — Stagnant Chinese consumption is challenging global chains like KFC and Starbucks, while traditional local restaurant operators are also struggling to gain momentum. Yum China — which runs KFC, Pizza Hut, Taco Bell and other eateries in mainland China — on Wednesday night said its total revenue for the first quarter came to $2.98…
Elon Musk prepares his White House exit
WASHINGTON — Elon Musk said Wednesday that he’s in the process of stepping back from his nearly 24/7 role with the Department of Government Efficiency to focus on his businesses. “Now we’re getting more of a rhythm,” Musk told reporters at the White House on Wednesday evening. “And so the amount of time that it’s…
Tariffs push Apple closer to Asia and Alibaba challenges DeepSeek
Hello everyone! This is Lauly, sending greetings from Taipei. Usually, people in Taiwan enjoy a four-day holiday at the beginning of April — Children’s Day and Tomb-Sweeping Day (a bit of an odd combination, I know). But this year was different, at least for people involved in the tech and media industries, thanks to Donald…
New to betting horse racing? Here’s our tips ahead of the Kentucky Derby
Saturday marks the 151st running of the Kentucky Derby, the greatest two minutes in sports and one of the most bet events of the year. According to Churchill Downs, $210.7 million was wagered on the race in 2024. That number was up from $188 million the previous year. As we prepare for mint juleps and…
Yen weakens over 1% as BOJ governor flags economic uncertainty
TOKYO — The Japanese yen weakened on Thursday after Bank of Japan Gov. Kazuo Ueda struck a dovish tone, highlighting “extremely high” policy uncertainty now that the U.S.’s “reciprocal” tariffs are shaking up global trade and markets. The yen depreciated to 144.71 against the dollar at one point during Ueda’s press conference, losing 1.3% of its value…
South Korea’s top court rules against presidential frontrunner, potentially upending election
SEOUL, South Korea — South Korea’s Supreme Court overturned on Thursday an earlier ruling that had cleared election frontrunner Lee Jae-myung of violating election law, throwing into doubt his eligibility to run for the presidency. Lee, the candidate of the liberal Democratic Party that controls parliament, leads opinion polls to win a snap presidential election set off…
BOJ governor keeps rate hike in play but stresses ‘high uncertainty’
TOKYO — Bank of Japan Gov. Kazuo Ueda on Thursday signaled that the central bank is still on a path to raise rates despite extreme uncertainty from U.S. President Donald Trump’s sweeping tariff policy. The bank kept its policy rate, an uncollateralized overnight call rate, at 0.5% the same day. It was the first board…
New Russia-North Korea bridge will boost economic cooperation, both countries say
SEOUL, South Korea — North Korea said the construction of a new bridge linking it to Russia is a “significant” development in relations between the two countries, state media reported Thursday. Russia and North Korea on Wednesday began construction of a road bridge that will span the Tumen River. It had been in discussion for years but was agreed on during a visit by President Vladimir Putin to North Korea in 2024. “It provides…
ANF continues crackdown against drug smuggling
ANF continues crackdown against drug smuggling ISLAMABAD: Anti-Narcotic Force (ANF) has continued crackdown against drug traffickers in various cities across the country. ANF spokesman said eight suspects including two women arrested in nine operations conducted in different cities of the country in which a total of 76 kg of drugs worth over 48.3 million recovered…