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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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German central bank sees signs of recession 'multiplying'

The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled energy supplies to the continent.

Republican movements catch wind in Caribbean after queen's death

Black cloth covers the portrait of Queen Elizabeth II hanging in Antigua's parliament -- a sign of the island's mourning and an unintentional symbol of a possible Caribbean future without the British monarchy.

Asian markets extend losses as traders brace for Fed hike

Asian markets fell Monday as traders extended last week's rout across risk assets, with expectations high that the Federal Reserve will this week announce another outsized interest rate hike.

Fossil fuel reserves contain 3.5 tn tonnes of CO2: database

Burning the world's remaining fossil fuel reserves would unleash 3.5 trillion tonnes of greenhouse gas emissions -- seven times the remaining carbon budget to cap global heating at 1.5C -- according to the first public inventory of hydrocarbons released Monday.

Who's invited to Queen Elizabeth II's funeral -- and who's not

Hundreds of foreign royals and heads of state are expected to attend the funeral of Queen Elizabeth II in London on Monday -- one of the biggest diplomatic gatherings in decades.

Thousands in shelters as 'dangerous' typhoon hits Japan

Thousands of people took refuge in shelters in southwestern Japan on Sunday as powerful Typhoon Nanmadol churned towards the region, prompting authorities to urge over four million residents to evacuate.

Oscars Academy makes amends over 1973 Native American protest

Almost five decades after she refused an Oscar on behalf of Marlon Brando over the treatment of Native Americans by the US film industry, Sacheen Littlefeather was honored Saturday by the Academy of Motion Picture Arts and Sciences.

Steep Fed rate hike seen as certainty after ugly inflation data

The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for the central bank to continue to act aggressively.

China doubles down on coal as energy crunch bites

China has stepped up spending on coal in the face of extreme weather, a domestic energy crunch and rising global fuel prices -- raising concerns Beijing's policies may hinder the fight against climate change.

Camilla hails Queen Elizabeth, a 'solitary woman' in a man's world

Britain's new Queen Consort Camilla paid tribute Sunday to Queen Elizabeth II for carving her own role as a "solitary woman" in a world dominated by men.

French cycling team flies into storm as men, but not women, go business

The French Cycling Federation on Saturday defended its decision to pay for business seats for male cyclists while its women's team flew economy on the long trip to the World Championships in Australia.

Germany's famed Oktoberfest opens after two-year pandemic hiatus

Oktoberfest, Germany's famed beer festival which draws millions of visitors from around the world, opened Saturday in Munich after a two-year pause due to the coronavirus pandemic.

France sends latest nuclear shipment to Japan

Two ships carrying reprocessed nuclear fuel destined for Japan set sail Saturday morning from northern France, an AFP photographer said, despite criticism from environmental campaigners.

'Are we ready?' Antiguans mull cutting ties with British monarchy

Republican movements may be gaining steam in British realms across the globe, but in the tiny Caribbean paradise of Antigua and Barbuda, residents have decidedly mixed feelings about their leaders' push to break that final link.

Chrissy Teigen reveals 2020 'miscarriage' in fact was life-saving abortion

Model and television personality Chrissy Teigen, who is married to singer John Legend, has revealed that she had an abortion in 2020 to save her life when it became clear her son would not live, not a miscarriage as the couple said.

UK cost-of-living crisis unmoved by queen's death

Many things are on pause while Britain mourns Queen Elizabeth II, but the concerns of shoppers at a popular London market highlighted that the cost-of-living crisis was not among them.

Sierra Leone delays full switchover to new currency

Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.

Stocks extend losses on recession fears

Stock markets fell further on Friday as weak UK retail sales data and a dire warning from global shipping giant FedEx fuelled fears of recession.

Tourists disappointed as Hanoi's 'train street' closes over safety fears

Tourists and cafe owners along Hanoi's "train street" spoke of their disappointment Friday as the hotspot was closed due to safety concerns, just weeks after reopening following a long Covid-19 closure.

French traffic controllers' strike disrupts European air travel

Around 1,000 flights to and from France were cancelled Friday as the country's air traffic controllers went on strike, with their action also causing delays across European airspace.

Prices soaring everywhere: from beans in Brazil to pork in China

Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.

Asian stocks lose ground as investors eye Fed decision next week

Asian markets dropped on Friday, tracking Wall Street losses as investors continue to show concern over persistently high global inflation and the likelihood of further interest rate hikes.

Germany seizes Russian energy firm's subsidiaries

Berlin on Friday took control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted after Moscow invaded Ukraine.

Indonesian gig drivers fear hardship after fuel price hike

Sitting on the side of a Jakarta road anxiously waiting for his phone to ping, driver Muhammad Ridwan says it is now barely worth hurtling through thick smog every day to ferry passengers.

Hong Kongers rush to learn new skills ahead of life abroad

Inside the bowels of a Hong Kong industrial building, Eric Pun was among two dozen people crammed into a classroom learning to drill holes -- acquiring a new set of skills before heading abroad.

Away game: Qatar World Cup looms as money-spinner for Dubai

The United Arab Emirates did not qualify for the Qatar World Cup but it will be a winner anyway if an overspill of fans floods its hotels, restaurants and planes.

Mexico arrests general over disappearance of 43 students

A Mexican army general has been detained in connection with the disappearance of 43 students in 2014, the government said Thursday -- the latest arrest in a case that generated international condemnation.

Large part of Ukraine grain storage lost in war: report

Ukraine has lost nearly 15 percent of its grain storage capacity in the war with Russia, threatening its role as a key food supplier to the world, a new report said Thursday.

Patagonia founder Yvon Chouinard, the reluctant businessman

Yvon Chouinard built an empire with his outdoor gear brand Patagonia, but the nature enthusiast has never done business like anyone else. And now, aged 83, he's just taken his most drastic step: he has decided to give away the company to fight climate change.

Kanye West ends Gap partnership, aims to open own boutiques

Kanye West told Gap on Thursday he was unilaterally severing his partnership with the retail brand and had plans to open his own stores.

Florida governor flies migrants to wealthy Martha's Vineyard

Florida Governor Ron DeSantis took credit Thursday for sending two planeloads of undocumented Venezuelans from Texas to wealthy Martha's Vineyard, Massachusetts, as Republicans play up immigration issues before November midterm elections.

World Bank warns recession risk rising amid higher interest rates

The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling on governments to help boost supply to ease the constraints behind rising prices.

The China Mail - Economy (English)