The China Mail - Economy

Stocks fall as investors eye Trump-Xi talks, earnings

Stock markets fell Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed company earnings and uncertainty over further US interest rate cuts.

Eurozone growth beats expectations in third quarter

The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday, buoyed by better-than-anticipated growth in France despite political turmoil in Europe's second-biggest economy.

Russia batters Ukraine energy sites, killing two

Russia battered Ukrainian energy facilities with hundreds of drones and missiles, Kyiv said Thursday, killing two people, wounding children, and piling more pressure on Ukraine's fragile energy grid.

Shell's net profit jumps despite lower oil prices

British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the third quarter as trading margins and sales volumes improved, despite falling oil prices.

Asia markets fluctuate as investors examine Trump-Xi talks

Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in an agreement to alleviate frictions between the world's two largest economies.

Asia markets fluctuate as investors mull Trump-Xi talks

Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in an agreement to alleviate frictions between the world's two largest economies.

Trump, Xi ease fight on tariffs, rare earths

Donald Trump and Xi Jinping agreed on Thursday to ease the trade war between China and the United States that roiled global markets, with Washington cutting some tariffs and Beijing committing to keep supplies of critical rare earths flowing.

Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes

Volkswagen reported its first quarterly loss for five years Thursday, topping one billion euros, as the German auto giant struggles with US tariffs and a troubled electric shift at subsidiary Porsche.

Fentanyl, beans and Ukraine: Trump hails 'success' in talks with Xi

A beaming US President Donald Trump hailed his "great success" in talks with Chinese President Xi Jinping in the South Korean city of Busan on Thursday.

G7 meets on countering China's critical mineral dominance

Curbing China's critical mineral dominance will top the agenda at a G7 energy ministers meeting in Canada on Thursday, as industrialized democracies seek more reliable access to the resources that power future technologies.

Bank of Japan keeps interest rates unchanged

The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high uncertainties" linked to US trade tariffs.

Impoverished Filipinos forge a life among the tombstones

In teeming Manila, where poverty runs deep and millions lack adequate shelter, some of the living have found refuge among the dead.

With inflation under control, ECB to hold rates steady again

The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation hovering around its target and the eurozone economy holding up.

Asia stocks muted with all eyes on Trump-Xi meeting

Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war.

'Utter madness': NZ farmers agree dairy sale to French group

Farmers who own New Zealand dairy cooperative Fonterra voted Thursday to sell its consumer business to French group Lactalis, a decision slammed by the country's foreign minister as "utter madness".

Samsung posts 32% profit rise on-year in third quarter

South Korean tech giant Samsung Electronics posted on Thursday a 32 percent rise in profits on-year for the third quarter, driven by AI-fuelled market demand for memory chips.

30 years after cliffhanger vote, Quebec separatists voice hope for independence

The result was excruciatingly close: 30 years ago Thursday, in a referendum on Quebec's independence, 50.6 percent of people voted "no," and 49.4 chose "yes" -- an outcome that left Canada whole.

Taxes, labor laws, pensions: what Milei wants to do next

Boosted by his victory in mid-term elections, Argentina's libertarian President Javier Milei is preparing to forge ahead with a second wave of reforms, targeting the labor market, taxation system and, down the line, pensions.

Google parent Alphabet posts first $100 bn quarter as AI fuels growth

Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.

Underwater 'human habitat' aims to allow researchers to make weeklong dives

To someday allow scientists to stay underwater conducting research for days on end, the UK-based company DEEP has designed Vanguard, a "subsea human habitat."

Dollar rises after Fed chair says December rate cut not a given

The dollar strengthened Wednesday while Wall Street stocks were mixed after the Federal Reserve indicated its latest interest rate cut might not be repeated in December.

Google parent Alphabet posts first $100 bn quarter as AI drives growth

Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.

US media mogul John Malone to step down as head of business empire

Billionaire media and telecoms tycoon John Malone will step down as chairman of his multinational companies Liberty Global and Liberty Media after decades influencing the global communications landscape, the businesses announced Wednesday.

France adopts consent-based rape law

French lawmkers on Wednesday adopted a bill defining rape as any non-consensual sexual act, making the country the latest European nation to pass a consent-based law.

Stocks extend record run as trade, AI dominates

Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected interest-rate cut by the US Federal Reserve.

Under-fire UK govt deports migrant sex offender with £500

The UK government said Wednesday it had forcibly deported an Ethiopian migrant and convicted sex offender, giving him £500 ($661) to leave, as it came under fire on multiple fronts over immigration.

Startup Character.AI to ban direct chat for minors after teen suicide

Startup Character.AI announced Wednesday it would eliminate chat capabilities for users under 18, a policy shift that follows the suicide of a 14-year-old who had become emotionally attached to one of its AI chatbots.

Boeing reports $5.4-bn loss on large hit from 777X aircraft delays

Boeing reported a $5.4-billion third-quarter loss on Wednesday as massive added costs from the delayed certification of its 777X aircraft weighed down its results.

EU seeks 'urgent solutions' with China over chipmaker Nexperia

The EU said Wednesday it is seeking a swift resolution to a Chinese curb on chip exports linked to a row with the Netherlands over chipmaker Nexperia that has alarmed European businesses.

Markets extend record run as trade dominates

Markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected interest-rate cut from the Federal Reserve.

Spain's Santander bank posts record profit

Spanish banking giant Santander reported record profits on Wednesday for the first nine months of 2025, buoyed by strong client growth and a solid performance in its key markets.

Chemicals firm BASF urges EU to cut red tape as profit dips

The boss of German chemicals giant BASF on Wednesday called for the European Union to relax carbon trading rules, as the firm reported a drop in core profit with the industry in crisis.

The China Mail - Economy (English)

Featured

Asian markets bounce from selloff as US jobs beat forecasts

Boeing settles with one plaintiff in 737 MAX crash trial

Last news