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Asian markets bounce from selloff as US jobs beat forecasts

Asian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.

Boeing settles with one plaintiff in 737 MAX crash trial

Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash that killed 157 people, attorneys announced Wednesday.

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ECB to hold interest rates steady with inflation subdued

The European Central Bank is expected to hold interest rates steady this week for its third straight meeting, with inflation under control and the long-struggling eurozone economy looking healthier.

Trump departs for Japan ahead of key China meet

US President Donald Trump headed to Japan on Monday, the second leg of an Asia tour, in advance of a meeting with China's Xi Jinping aiming to end the bruising trade war between the world's largest economies.

Australia sues Microsoft over 'misleading' AI offer

Australia's competition watchdog accused Microsoft on Monday of misleading people into paying for its AI assistant Copilot.

Nigeria refinery aims to be world's biggest with expansion

Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' time with an expansion doubling its capacity, its owner said on Sunday.

UK police arrest asylum seeker sex offender mistakenly freed

UK police on Sunday arrested an Ethiopian asylum seeker and convicted sex offender, whose crimes had sparked anti-immigration protests, after he was accidentally released from prison in an embarrassing blunder by officials.

India and China to resume direct flights as ties improve

India and China resume direct flights on Sunday after a five-year suspension, a move important both for trade and a symbolic step as Asia's giants cautiously rebuild relations.

Predators 'slip through the cracks' in Australian childcare

Serial child sexual abuse cases in Australian daycare centres have spurred a rush to close security gaps that let predators through the door.

Global race for rare earths comes to Kenya's Mrima Hill

Division and suspicion have gripped five villages near Kenya's coast as global powers from the United States to China eye a forest that is rich in rare earths -- minerals vital to high-tech and low-carbon industries.

French government under pressure as lawmakers set to vote on wealth tax

French lawmakers were due on Saturday to vote on a wealth tax, after a swing group threatened to topple the government if the levy was not added in next year's austerity budget.

US wants to deport Salvadoran man in immigration row to Liberia

The US government wants to deport Kilmar Abrego Garcia, the Salvadoran man at the center of a row over President Donald Trump's immigration crackdown, to Liberia and possibly by month's end, a court filing showed Friday.

UN has 'stopped working': Brazil's Lula

Brazilian President Luiz Inacio Lula da Silva took a swipe Saturday at the United Nations and other multilateral institutions, saying they "stopped working" and failed to protect Gaza's war victims.

Trump slams 'dirty' Canada despite withdrawal of Reagan ad

US President Donald Trump slammed Canada for playing "dirty" Friday as a row over an advertisement featuring former leader Ronald Reagan that prompted Trump to scrap trade talks showed no sign of abating.

'Most beautiful': Thailand's former Queen Sirikit

Thailand's former Queen Sirikit, who died Friday aged 93, won global headlines for her glamour during decades alongside her husband and was seen by many as a unifying symbol as her country underwent repeated crises.

Porsche loses almost one billion euros on shift back to petrol

German sports car maker Porsche sunk to a third-quarter loss of almost one billion euros ($1.16 billion), the firm said Friday, as it grappled with the costs returning to petrol and delaying its electric vehicle (EV) rollout.

Oasis guitar sold at auction for $385k

An electric guitar used by Noel Gallagher, from British rock band Oasis, was sold in London for £289,800 ($385,541), auction house Propstore said on Friday.

P&G profits rise as company sees lower tariff hit

Procter & Gamble on Friday reported higher earnings fueled in part by an improved performance in China as it projected a lower hit from tariffs.

French court gives Algerian woman life sentence for murdering schoolgirl

A French court on Friday sentenced an Algerian woman accused of raping, torturing and murdering a schoolgirl in Paris to life imprisonment without possibility of early release -- making her the first woman to receive this maximum punishment.

Stocks rise on US inflation data, US-China trade hopes

Stock markets broadly advanced Friday after US inflation data bolstered expectations the Federal Reserve would again cut interest rates next week, with fresh optimism over US-China trade relations further boosting confidence.

Spain probes steelmaker for alleged trading with Israeli arms firm

Spain's top criminal court said Friday it had opened an investigation into executives at steelmaker Sidenor for alleged complicity in crimes against humanity or genocide for trading with an Israeli arms company.

US September consumer inflation rose less than expected, delayed data shows

US consumer inflation continued to heat up last month, but by less than expected, according to official data published nine days late on Friday due to the ongoing government shutdown.

Trump says all Canada trade talks 'terminated' over 'fake' ad

US President Donald Trump on Friday doubled down on his decision to end trade talks with Canada over an anti-tariff advertising campaign, a sudden about-face soon after a cordial White House meeting with Prime Minister Mark Carney.

China vows massive high-tech sector development in next decade

China will develop its high-tech sector on a massive scale in the next decade, top officials vowed Friday, a day after meetings on the country's future policy priorities concluded in Beijing.

French government faces threat of censure over wealth tax

A swing group in French parliament on Friday said that if a 2026 budget bill was not changed to include a tax on the supremely wealthy, it would vote down the government.

Stocks diverge tracking US-China trade progress

European stock markets dipped Friday following solid gains in Asia as investors reacted to fresh optimism over US-China trade relations and as they awaited US inflation data delayed by a government shutdown.

EU accuses Meta, TikTok of breaking digital content rules

The EU accused Meta and TikTok on Friday of breaking the bloc's digital content rules, putting the companies at risk of hefty fines.

Stocks rally as traders cheer Trump-Xi meeting plan

Most stock markets rallied Friday after the White House confirmed President Donald Trump would meet China's Xi Jinping next week, stoking optimism for a cooling of trade tensions between the economic superpowers.

China, US 'can find ways to resolve concerns' as negotiators set to meet

Beijing and Washington "can totally find ways to resolve each other's concerns", China's commerce minister said Friday, as officials from both sides were set to meet in Malaysia for trade talks.

New Japan PM vows to take US ties to 'new heights' with Trump

Japan's new Prime Minister Sanae Takaichi said Friday she will bring US ties to "new heights" in talks with President Donald Trump, while taking a swipe at China and vowing a stricter stance on foreigners.

Ivorian brothers dream of transforming cocoa industry

In a factory in southern Ivory Coast, where machines hum to produce chocolate bars and spreads, twin brothers dream of becoming "giants of cocoa processing".

False claim spreads of Japan 'mass deportations' ministry

False claims that Japan's new prime minister has created a ministry for "mass deportations" have been widely spread online, as immigration misinformation swirls after a "Japanese first" party did well in elections earlier this year.

Alaska Airlines grounds entire fleet over IT outage

Alaska Airlines said Thursday it had temporarily suspended all flights due to a tech outage, three months after a similar incident.

Rebuilding wrecked Syria vital for regional stability: UN

After 14 years of destruction, Syria must be swiftly rebuilt to bring stability to the country and the wider region, a top UN official in the war-ravaged nation told AFP.

The China Mail - Economy (English)