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Asian stocks mixed as tech sector struggles to rebound from selloff

Asian stocks were mixed Monday as investors struggled to recover from last week's tough run fuelled by disappointing earnings from tech titans, while eyes were also turning to the United States ahead of crucial midterm elections.

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Paris police question two over 12-year-old's brutal murder

Paris investigators were on Monday questioning a woman and a man suspected of raping and murdering a 12-year-old girl whose body was found in a trunk on Friday.

BP to buy US renewable gas firm for $4.1 bn

BP has agreed to buy US renewable gas producer Archaea for $4.1 billion to help the British oil giant reach net zero carbon emissions by 2050, the pair said Monday.

Britain junks budget tax measures as Truss hangs by thread

Britain's new finance chief Jeremy Hunt on Monday axed debt-fuelled tax cuts to further calm market turmoil, in another major government U-turn that appears to leave Liz Truss's position as prime minister in a precarious state.

China delays release of economic data during key political meeting

China said Monday it will delay the release of economic growth figures, as the country's leadership gathers for a meeting set to hand President Xi Jinping a historic third term in office.

France braces for nationwide strike amid fuel shortage tensions

France on Monday braced for nationwide transport strike actions as the government and unions remained in deadlock over stoppages at oil depots that have sparked fuel shortages.

Hungry elephants, Cameroon farmers struggle to coexist

Banana growers on the edge of a giant national park on Cameroon's Atlantic coast say they can take no more crop destruction from hungry elephants as the conflict between man and animal escalates.

Markets mixed after Wall St losses as sterling bounces

Equities were mixed Monday following a selloff on Wall Street as last week's rally ran out of steam on worries about rising interest rates and surging inflation.

Portugal bets all on renewables after abandoning coal

As the UN steps up calls to make the switch to renewable energy to fight the global climate emergency, Portugal is among the first European Union countries to abandon coal.

Asian markets track Wall St losses but sterling bounces

Asian equities dropped Monday, tracking a selloff on Wall Street as last week's rally ran out of steam on fresh worries about rising interest rates and surging inflation.

Green future is cause for worry in S.Africa's coal belt

Miner Thokozani Mtshweni, 37, looks spent as he readies for a 12-hour shift huddled under a carport shelter to avoid the scorching sun. He fixes his belt weighed down by an oxygen tank and gas detecting tools.

'They were all young': Turkish village mourns miners killed in blast

Sitting on the stairs of his house overlooking the Black Sea, the father of a dead miner accepts condolences from relatives and neighbours. His scarred Turkish village lost three of its young men in this Friday's mining disaster.

Protesters set to march in Paris as French refinery strikes continue

Three weeks into a refinery strike that has caused fuel shortages across the country, thousands of protesters are set to march in Paris on Sunday, adding to a growing picture of defiance and anger about inflation.

Hounded at home, China's video game firms welcomed in Europe

China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice.

Paris police ready for living costs protest as fuel strike drags on

Nearly three weeks into a strike that has forced filling stations across France to close, police in Paris were preparing for protests Sunday against soaring living costs.

Strikes persist at TotalEnergies refineries, fuel depot in France

French refinery and fuel depot workers at five sites owned by oil giant TotalEnergies vowed to continue striking on Saturday, compounding concern over petrol supply ahead of wider protests early next week.

At least 28 killed, more than a dozen trapped in Turkey mine blast

Rescuers worked on Saturday to free more than a dozen miners still thought to be trapped underground at a coal pit in northern Turkey, where a methane blast a day earlier killed at least 28 people.

China's economy slows as Xi plans for historic third term

As China's leaders gather for a crucial party congress, the country is expected on Tuesday to announce some of its weakest quarterly growth figures since 2020, its economy hobbled by Covid restrictions and a real estate crisis.

Vogue Singapore penalised for promoting 'non-traditional' families

Authorities have shortened Vogue Singapore's publishing permit, issuing a "stern warning" to the fashion magazine for its content containing nudity and promoting "non-traditional families".

Iran activists call for new mass protests as Biden voices support

Iranian activists called for fresh nationwide protests on Saturday over the death of Mahsa Amini, as US President Joe Biden voiced his support for "the brave women of Iran".

At least 28 killed, dozens trapped in Turkey mine blast

Rescuers desperately searched for signs of life on Saturday after a methane blast at a coal mine in northern Turkey killed at least 28 people and trapped dozens of others hundreds of metres underground.

'Beginning of the end': Iran activists call for mass protests Saturday

Iranian activists called for fresh nationwide protests on Saturday over the death of Mahsa Amini, as the movement entered its fifth week despite a crackdown that has killed dozens.

Ex-head of US electric truck firm found guilty of fraud

The former head of Nikola, a start-up making electric- and hydrogen-powered trucks, was found guilty of fraud on Friday for misleading investors about his company's alleged progress and capabilities in order to raise more money.

At least 14 killed, dozens trapped in Turkey mine blast

Rescuers pulled out 14 bodies Friday and searched for signs of life among dozens of coal miners still trapped under hundreds of metres underground after an apparent methane blast tore through a pit on Turkey's Black Sea coast.

Broader coalition not needed for Russia oil price cap: US

The G7 is still working on setting a price cap on Russian oil but enrolling more nations to the scheme is not necessary for it to succeed, US Treasury Secretary Janet Yellen said Friday.

Rampaging gangs in Haiti use rape to instill fear: UN

Competing criminal gangs have turned to sexual assault as a way to terrorize Haitians and consolidate territorial control, a UN report said on Friday.

Gay Cuban couple's long wait to tie the knot

Adiel Gonzalez, a 32-year-old former theology student, was forced to break with his church eight years ago due to his sexuality.

US banks report solid results but warn of rising recession risk

Large US banks reported a round of solid quarterly profits Friday, but cautioned of rising recession risks as the economy absorbs higher inflation and a dramatic shift is central bank policy.

French fuel shortages spark warnings as strike hardens

Striking French refinery workers vowed Friday to pursue blockades after spurning a pay offer from industry leader TotalEnergies, prompting alarm over spreading fuel shortages ahead of broader protests in the coming days.

Pound slides amid UK political drama

The pound fell on Friday after under-fire British Prime Minister Liz Truss sacked her finance minister and made a dramatic policy U-turn, while an equity rally ran out of steam.

'Beginning of the end': Iran activists call for new protests

Iranian activists called for fresh nationwide protests over the death of Mahsa Amini, as the movement entered a fifth week on Friday despite a crackdown that has killed dozens.

Kroger unveils $24.6 bn deal to create supermarket giant

Grocery chain Kroger will acquire smaller rival Albertsons in a $24.6 billion transaction announced Friday that would create a supermarket giant but could face tough regulatory scrutiny.

UK's Truss fires finance minister as budget plan in ruins

British Prime Minister Liz Truss on Friday fired her finance minister and abandoned the key plank of her right-wing economic platform, battling to salvage her new government as restive Conservatives plotted her own demise.

The China Mail - Economy (English)