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India Introduces Four-Layer Motor Insurance Structure for Private Vehicles

India's insurance regulator has introduced a new four-layer structure for motor insurance policies covering private cars and two-wheelers. The move, effective December 15, 2026, aims to provide vehicle owners with greater clarity and choice in selecting coverage options beyond the mandatory third-party liability.

Mutual fund returns show shifting leaders across market-cap categories

Equity mutual funds are classified into different categories based on their investments across market capitalisations, primarily large-cap, mid-cap, and small-cap funds. Large-cap funds invest in well-established companies that tend to be relatively less volatile, while mid-cap funds focus on medium-sized companies.

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'Call me when you get there': Greek protest rallying cry

Emblazoned on banners and spreading like wildfire on social media, the slogan "call me when you get there" has become a rallying cry for Greeks protesting against last week's deadly train crash.

Canada central bank pauses rate hikes, holds at 4.5%

The Bank of Canada on Wednesday became the first major central bank to pause its aggressive monetary policy in recent months, holding its key lending rate at 4.5 percent as inflation eased, after eight consecutive rate increases.

Stocks tread water after shock over Powell rate warning

Stock markets sputtered on Wednesday after Federal Reserve chief Jerome Powell triggered a rout by warning that higher interest rate hikes might be needed to tame stubborn inflation.

Clashes erupt as tens of thousands protest Greek train tragedy

Greek police fired tear gas at firebomb-throwing protesters outside parliament Wednesday as tens of thousands demonstrated over the country's worst rail tragedy and called on the prime minister to quit.

TikTok seeks to calm Europe's fears over data privacy

TikTok launched a new effort to assuage European leaders' worries over data security on Wednesday, as Western governments consider further bans on the video-sharing app.

US private hiring heats up in February: survey

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, in a further indication that more effort may be needed to cool the world's biggest economy.

Lineker defiant after comparing UK asylum plan to Nazi-era Germany

England football great turned television presenter Gary Lineker refused to back down after coming under fire for comparing the British government's new plan on illegal immigration to the rhetoric of Nazi-era Germany.

Stocks mostly drop, dollar gains on Powell rates warning

Stock markets mainly fell Wednesday and the dollar held near multi-month highs after Federal Reserve boss Jerome Powell warned a quicker pace of interest rate hikes might be needed to tame stubbornly-high inflation.

In Burkina, motorbikes bring treasured independence for women

The motorcycles that buzz along the streets of Ouagadougou, the capital of Burkina Faso, have a story to tell.

ECB chief vows to do 'whatever it takes' to tame inflation

European Central Bank president Christine Lagarde said Wednesday she will do whatever it takes to bring down high inflation and restore price stability.

US pick for World Bank says 'emission heavy' growth model outdated

The United States' candidate to head the World Bank, Ajay Banga, on Wednesday called for a revamp of the development model to better meet the challenge of climate change.

Adidas stuck with Yeezy gear after dropping Kanye

Adidas said Wednesday it was still weighing what to do with its huge inventory of Kanye West's Yeezy products after it ended its partnership with the controversial rapper.

Asia, Europe track Wall St losses after Powell's rate hike warning

Markets sank Wednesday, the dollar held big gains and oil struggled to recover from hefty losses after Federal Reserve boss Jerome Powell opened the door to a quicker pace of interest rate hikes as officials battle to tame inflation.

Hong Kong's Cathay Pacific posts first operating profit since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as it fights to return to pre-pandemic flight capacity.

Undersea graveyard for imported CO2 opens in Denmark

Denmark inaugurates Wednesday a project to store carbon dioxide 1,800 metres beneath the North Sea, the first country in the world to bury CO2 imported from abroad.

War in Ukraine spurs LGBTQ+ acceptance, push for equal rights

Mykola Milovanov doesn't have a piece of paper to say that he and his partner Dmytro Gavrilyuk are married, but the 24-year-old member of Ukraine's special forces still calls him his husband.

Hong Kong's Cathay Pacific reports first operating profit since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity.

Activist investor triggers real-life K-pop industry drama

It is the kind of K-drama that rivets millions of viewers -- bitter boardroom battles, expensive lawyers, hostile takeover claims and high-stakes shareholder meetings.

Asia tracks Wall St losses after Powell's rate hike warning

Wild education: the joy of Scandinavia's forest preschools

Come rain, sleet or snow, young children nap outside even in mid-winter all across Scandinavia, where outdoor preschools teach children a love of nature.

Greece faces fresh strikes, protests over rail crash

Greece faces a fresh round of mass strikes and nationwide protests on Wednesday as anger mounts over the country's worst rail tragedy that killed 57 people last week.

Texas women denied abortions despite health risks sue state

Amanda Zurawski's water broke at 17 weeks, far too early for the fetus to survive, but doctors in Texas initially refused to terminate her pregnancy, causing the woman to end up in an ICU with an infection and lose a fallopian tube.

US probes rail firm's safety record after toxic derailment

The US transportation regulator announced a special investigation Tuesday into the safety record of Norfolk Southern Railway, a month after one of its trains derailed and released toxic chemicals in an Ohio town.

Fed mulls bigger rate hikes to cool US economy

The United States is prepared to speed up interest rate hikes –- and could raise them higher than anticipated -- if needed to cool inflation and a strong jobs market, Federal Reserve Chair Jerome Powell said Tuesday.

Airbus deliveries bounce back in February

Airbus deliveries bounced modestly back in February following a poor January as the group announced on Tuesday it delivered 46 commercial aircraft to clients and also took 99 new orders.

US Justice Dept sues to block JetBlue-Spirit airline merger

The US Justice Department on Tuesday sued to block a $3.8 billion JetBlue-Spirit airline merger, saying that the combination would harm consumers and violate antitrust law.

US prepared to return to bigger rate hikes if strong data persists: Powell

The United States is prepared to increase the pace of interest rate hikes if strong economic data persists, and could raise them higher than previously anticipated, Federal Reserve Chair Jerome Powell said Tuesday.

Gender pay progress stalls on 'motherhood penalty': study

There has been minimal global movement toward gender pay equality because many women still face a "motherhood penalty" after having children, a study said Tuesday.

Mass rallies and strikes in France over Macron's pension reform

Hundreds of thousands of people marched and strikes disrupted transport and schools in France on Tuesday during protests against President Emmanuel Macron's plans to push back the retirement age to 64.

Stocks fall, dollar climbs on Fed rate warning

Stock markets fell and the dollar firmed on Tuesday as Federal Reserve Chair Jerome Powell warned that the central bank could step up its rate hike campaign to fight inflation.

US interest rate likely to peak higher than anticipated: Powell

US interest rates will likely peak at a higher level than previously anticipated due to economic data that came in stronger than recent trends suggested, Federal Reserve Chair Jerome Powell said Tuesday.

Amsterdam mega-brothel plans rile EU vaccines watchdog

It's survived the Covid pandemic but now the European Union's vaccines watchdog has a new worry: plans for a giant "erotic centre" near its Amsterdam headquarters.

The China Mail - Economy (English)