The China Mail - Economy

Featured

'Predator: Badlands' conquers N. American box office

"Predator: Badlands," the latest installment in the sci-fi horror franchise that started nearly 40 years ago, devoured the competition at the North American box office, debuting at $40 million, industry estimates showed Sunday.

US air travel could 'slow to a trickle' as shutdown bites: transport secretary

Air travel in the United States could soon "slow to a trickle," authorities warned Sunday as thousands more flights were cancelled or delayed and passengers faced chaos triggered by the federal government shutdown.

Last news

Stocks diverge as bitcoin hits record high

European and Asian stock markets diverged Thursday and bitcoin hit a record high on the eve of landmark talks between US President Donald Trump and Russian counterpart Vladimir Putin on potentially ending the Ukraine war.

Japan's grand tea master Sen Genshitsu dies at 102: reports

Sen Genshitsu, a would-be kamikaze pilot who became a Japanese tea ceremony master preparing cups of matcha for world leaders and monarchs, died aged 102 on Thursday, reports said.

Germany's Thyssenkrupp cuts targets as US tariffs weigh

Thyssenkrupp's shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US President Donald Trump's tariff onslaught.

UK economy slows less than feared after tariffs

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

Markets mixed as bitcoin hits new high

Markets were mixed Thursday, with Japan's Nikkei down as bitcoin hit a new high and investors braced for talks between the US and Russian presidents in Alaska.

French dictionary gets bad rap over Congolese banana leaf dish

Diners flock to the terrace of Mother Antho Aembe's restaurant in downtown Kinshasa to enjoy "liboke", blissfully unaware of the linguistic brouhaha surrounding the Democratic Republic of Congo's national dish.

Asian markets mixed as bitcoin surges to new high

Bitcoin hit a new peak during early Asian trading on Thursday, as the yen surged after the US Treasury Secretary said he expects Japan to hike interest rates.

Bolivia presidential hopefuls make last push for votes

Bolivia's presidential candidates made a final push for votes on Wednesday ahead of elections on the weekend set to end 20 years of socialist rule.

Trump orders space regulations eased in win for Musk

US President Donald Trump signed an executive order Wednesday easing regulations for the private space industry, including eliminating some environmental reviews, in a move likely to please his erstwhile advisor Elon Musk.

Eyeing robotaxis, Tesla hiring New York test car operator

Tesla is recruiting a motorist to test its driver-assistance technology in New York with an eye towards autonomous driving, according to a job listing reviewed by AFP on Wednesday.

Striking Boeing defense workers turn to US Congress

Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.

Plastic pollution treaty talks in disarray

Attempts to finalise a landmark treaty combating plastic pollution descended into disarray on the penultimate day on Wednesday as dozens of countries rejected outright the latest draft text, leaving the talks in limbo.

Stocks extend gains on US rate-cut bets

Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data fuelled hopes that the US Federal Reserve will cut interest rates.

Stock markets extend gains on growing US rate cut hopes

Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data fuelled hopes that the US Federal Reserve will cut interest rates.

In heatwave, Romans turn to vintage snow cones to stay cool

Forget ice cream, sorbet or even the beloved Italian gelato -- when Romans swelter in a heatwave, they turn to the traditional "grattachecca".

Stock markets rise on growing US rate cut hopes

Stock markets rose and the dollar fell Wednesday on growing prospects of cuts to US interest rates after soft inflation data, with Japan's Nikkei hitting a fresh record high.

Japanese star convicted of indecent assault in Hong Kong

A Hong Kong court on Wednesday found J-pop artist Kenshin Kamimura guilty of indecent assault after he harassed a woman working as his interpreter at a restaurant earlier this year.

Nepal waives climbing fees for 97 mountain peaks

Nepal has waived climbing fees for 97 mountains, officials said on Wednesday, hoping to steer people to its lesser-known peaks and boost local economies.

European satellite to step up monitoring of extreme weather

The Ariane 6 rocket on Wednesday blasted off carrying Europe's next generation satellite for warning against extreme weather events.

Markets rise on growing rate cut hopes

Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a second record high in as many days.

Fortnite developer claims win against Apple and Google

An Australian court has found Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite.

Soft US inflation boosts Asia markets

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

Chatbot Grok stirs confusion over suspension after Gaza claims

AI chatbot Grok on Tuesday offered conflicting explanations for its brief suspension from X after accusing Israel and the United States of committing "genocide" in Gaza, as it lashed out at owner Elon Musk for "censoring me."

Auction of world's largest Mars meteorite sparks ownership debate

The recent auction of a Martian meteorite -- for a record-grabbing $5.3 million at Sotheby's New York -- has sparked questions over its provenance and renewed debate over who gets to claim rocks fallen from the heavens.

Washingtonians tired of crime but skeptical of Trump takeover

A 15-minute walk from the White House, Tony and Mike stood on the sidewalk near the spot where a man was killed on Monday, the 100th murder of the year in Washington.

US indices power to fresh records after benign inflation data

Global stocks mostly rose on Tuesday, with Wall Street indices ending at fresh records as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs.

Perplexity AI offers Google $34.5 bn for Chrome browser

Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings.

Disgraced crypto mogul Do Kwon changes plea to guilty in US court

South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.

Stocks rise on restrained US inflation

Stock markets rose on Tuesday as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs.

US consumer inflation holds steady but tariff worries persist

Consumer inflation in the United States held steady in July, data showed Tuesday, but underlying price increases picked up as President Donald Trump's sweeping tariffs ripple through the world's biggest economy.

EU ready to do plastic pollution deal 'but not at any cost'

The European Union is ready to do a deal to land a groundbreaking treaty on plastic pollution, but not at any cost, the EU's environment commissioner insisted Tuesday.

China Evergrande Group says to delist from Hong Kong

Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.

The China Mail - Economy (English)