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US tech shares resume sell-off while oil prices retreat

Global stocks mostly fell Tuesday as US tech shares faced another round of selling followed recent outsized gains and markets weighed the latest uptick in US-Iran tensions.

One killed as Kenyan protests at US Ebola centre turn violent

At least one person was killed as Kenyan police fought violent running battles and fired tear gas Tuesday at hundreds of people protesting against an Ebola quarantine centre being built for US citizens in a tourist town.

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Oil falls, Asian stocks climb on hopes of US-Iran Hormuz deal

Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.

Toshifumi Suzuki, 'father' of Japan convenience stores, dies at 93

Former chairman of Seven & i Holdings Toshifumi Suzuki, credited for the global success of 7-Eleven convenience stores, has died at the age of 93, the company said Monday.

AI chip demand drives 6% growth for Singapore in first quarter

Singapore's economy grew six percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday.

Mandalorian and Grogu blast to first place in weekend box office

Disney's "Star Wars: The Mandalorian and Grogu" saw the much-adored Baby Yoda and his adoptive guardian sweep the North American box office with an estimated $102 million take through Monday, industry estimates showed.

Yemen family deprived of aid reduced to eating tree leaves

With no food aid, 65-year-old Saeedah Mohammed heads out with a plastic bag to pick tree leaves near her displacement camp in southern Yemen, before serving them to her grandchildren to stave off hunger.

SNC Scandic Coin 与 L-Bank：一款 RWA 代币树立新标杆

Scandic Finance Group（SFG）总部位于香港，现已迈出雄心勃勃的一步，进入代币化现实世界资产（Real-World Assets，简称 RWA）领域。据这家全球化企业集团介绍，其全新加密货币 SNC Scandic Coin（SNC）旨在成为一种受监管的支付、准入与忠诚度货币。与许多投机性代币不同，SNC Scandic Coin 的核心重点并非短期炒作，而是与真实服务场景的深度整合。SFG 的 Uwe Sellmer 近日在接受《Neue Zürcher Nachrichten》（NZN）采访时表示，SNC Coin 将作为“一个覆盖媒体、出行、科技与房地产的全球网络内部受监管的支付及忠诚度工具”发挥作用。 Scandic Finance Group 与 SNC Scandic Coin Scandic Finance Group（SFG）旗下涵盖广泛的业务领域：包括在全球各大洲发行的 115 多家自有日报、金融服务、出行、科技、房地产、一家已在全球运营近二十年的安保企业，以及三座超大规模数据中心。Sellmer 表示，SNC Scandic Coin 将作为统一的支付工具、准入钥匙和客户忠诚度工具使用；持有人可用其支付航班、游艇、汽车、应用程序、人工智能服务、域名或私人飞机等服务。 SFG 计划将 SNC Scandic Coin 的固定代币总供应量设定为十亿枚，其中最初仅发行一小部分。募集所得资金预计将投入安全体系、审计、集团自有基础设施扩建、流动性、市场营销、运营，以及位于德意志联邦共和国境内的一处黏土矿藏项目。

'Extremely dangerous': Cycle-mad Amsterdam slams brakes on 'fatbikes'

Fast, fashionable mode of transport for some, scourge of the cycle path for others: in bike-mad Amsterdam, complaints about "fatbikes" have driven authorities to impose an unprecedented ban in one of the city's top parks.

Lightning advance: swathes of Hanoi demolished for development

Rows of townhouses torn down in hours, roads ripped up by bulldozers and city blocks reduced to rubble in the name of progress -- giant construction sites litter Hanoi as it races ahead with urban renewal.

'Fjord' by Romania's Cristian Mungiu wins Cannes best film prize

"Fjord", a thought-provoking drama about domestic violence and left-wing prejudices by Romanian auteur Cristian Mungiu, won the best film prize at the Cannes Film Festival on Saturday at a star-packed closing ceremony.

EU automated border system suspended at Dover amid bank holiday chaos

French authorities suspended the European Union's new digital border check system at Britain's Port of Dover on Saturday, as traffic piled up at the UK ferry terminal at the start of the long weekend.

French mother of boys abandoned in Portugal remanded in custody

A court in Portugal on Saturday remanded in custody a French woman and her partner accused of abandoning her two young boys -- aged four and five -- on a roadside in the south of the country.

China coal mine blast kills at least 90, more missing

A gas explosion at a coal mine in northern China has killed at least 90 people, state media reported on Saturday, the country's biggest mining disaster in 17 years.

Pope visits Italy's 'Land of Fires'

Pope Leo XIV will visit Italy's "Land of Fires" on Saturday, where for decades the mafia has illegally dumped and burned toxic rubbish, poisoning both people and their land.

'Never going back': Cartel attack decimates Mexican Indigenous town

Hungry animals are the only living beings that remain in Tula, an Indigenous community in Mexico whose residents were terrorized and forced to flee by a drug cartel.

Mexico, EU lower tariffs in bid to grow non-US trade

The European Union and Mexico on Friday signed a deal reducing tariffs on each other's goods as both seek to lessen their dependence on trade with the United States.

Kevin Warsh: New Fed chair who vows not to be Trump's puppet

Kevin Warsh, the new chair of the US Federal Reserve, returns to the central bank with an ambitious reform agenda and the looming threat of intimidation by the man who nominated him: US President Donald Trump.

US Fed chair says will be 'reform-oriented' at glitzy White House swearing-in

New US Federal Reserve Chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be "totally independent."

From agave syrup to raw materials: EU, Mexico agree trade expansion

The EU and Mexico agreed to expand their trade ties Friday against the backdrop of a more protectionist United States under President Donald Trump.

Stocks gain, oil higher as investors weigh Mideast peace prospects

Stocks pushed higher Friday while oil prices rose as traders tracked headlines on the chances for peace in the Middle East, against a backdrop of corporate earnings optimism and AI enthusiasm that have pushed indexes to record highs.

Stocks gain, oil wavers as investors weigh Mideast peace prospects

Stocks pushed higher Friday while oil prices were little changed as traders tracked headlines on the chances for peace in the Middle East, against a backdrop of corporate earnings optimism and AI enthusiasm that have pushed indexes to record highs.

Women directors close Cannes, putting gender imbalance in spotlight

Films by two women directors wrapped up the main competition at the Cannes Film Festival on Friday, with men once again dominating the line up in a refelction of an industry where progress towards gender parity has stalled.

Oil, stocks gain as investors weigh Mideast peace prospects

Oil prices and stock markets jumped Friday as traders tracked headlines on the chances for peace in the Middle East, while also eyeing mixed corporate earnings and some positive economic data.

German business morale rises for first time since Iran war

German business morale unexpectedly increased in May, a survey showed Friday, raising hopes Europe's biggest economy is weathering the Iran war energy shock better than feared.

Asian equities rally on Mideast optimism, oil edges higher

Asian markets rallied Friday as optimism over US-Iran talks boosted regional equities, while rising oil prices kept inflation concerns in focus.

Mangrove loss threatens Sierra Leone's oyster harvesters

For 20 years, Millicent Turay has supported her family by collecting mangrove oysters near Sierra Leone's capital, Freetown, a common livelihood along the west African coast.

Asian equities climb on Mideast optimism, oil edges higher

Asian markets rose Friday as optimism over US-Iran talks buoyed equities, though higher oil prices kept inflation concerns in focus.

Japan inflation slows more than expected in April

Japan's inflation slowed more than expected in April, government data showed Friday, as Prime Minister Sanae Takaichi considers further measures to drive down costs linked to the Middle East war.

With Fed under intense Trump pressure, new chief to be sworn in at White House

Incoming Federal Reserve chair Kevin Warsh will be sworn in at the White House on Friday, taking the reins of the US central bank as it faces unprecedented pressure from President Donald Trump to cut interest rates.

California governor orders a plan to cope with AI job upheaval

California Governor Gavin Newsom on Thursday ordered officials to start work on a plan to mitigate the job-destroying impact of artificial intelligence, the first US state to do so.

US stocks end volatile session higher as oil prices retreat

Wall Street stocks finished mostly higher Thursday following a choppy session as markets tried to parse the prospects for a Middle East peace deal while digesting earnings from Nvidia and Walmart.

What's behind the social unrest in Bolivia?

"Out with Rodrigo Paz!" reads graffiti scrawled across the Bolivian capital just months after the center-right president entered office.

Air France, Airbus convicted of manslaughter in 2009 Rio-Paris crash

A French appeals court Thursday convicted Air France and Airbus of involuntary manslaughter over the 2009 crash of a Rio-Paris flight that killed 228 people, the worst disaster in France's aviation history.

The China Mail - Economy (English)