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UK PM announces ban on social media for under-16s

British Prime Minister Keir Starmer on Monday announced a forthcoming total ban on social media for children under 16, saying that such platforms are "making children unhappy".

US and Iran reach deal to end war, reopen Hormuz

The United States and Iran said they reached a deal to end the Middle East war on all fronts including Lebanon, and reopen the vital Strait of Hormuz, but offered little indication on the thorny question of Tehran's nuclear programme.

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Oil rises and Asia stocks slide after new US strikes on Iran

Oil prices bounced higher on Thursday while Asian stocks fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.

US strikes Iran, drawing retaliatory attack on American base

The United States struck southern Iran on Thursday, drawing retaliation from Tehran against a US military base, in the most serious clashes since an April ceasefire began.

Oil prices bounce higher after new US strikes on Iran

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.

Iran says war unlikely as Trump warns he may 'finish the job'

Oil prices tumbled Wednesday on hopes of a US-Iran peace deal, even as President Donald Trump warned he may have to "finish the job" and Tehran said its forces were still "lying in wait with full magazines."

Meta launches paid subscriptions for Instagram, Facebook, WhatsApp

Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its longtime reliance on advertising revenue.

AI chiefs walk back job apocalypse warnings

The most prominent figures in artificial intelligence are stepping back from dire predictions about mass unemployment, as the industry faces growing public hostility over AI's promised transformation of the workplace.

Value of chip giant SK hynix joins Micron to top $1 tn

The market value of South Korean memory chipmaker SK hynix soared past $1 trillion on Wednesday, fueled by frenzied global demand for the computing hardware that powers artificial intelligence tools -- a surge that also carried US-based Micron across the threshold.

Germany warns on trade imbalance as economy minister visits China

Germany's economy minister began a visit to China on Wednesday with Berlin saying it wanted to boost cooperation with a key partner while also warning of worsening trade imbalances.

Asia stocks see tech gains as investors weigh US-Iran deal

Asian equities were mixed on Wednesday with gains driven by soaring tech stocks and guarded optimism the United States and Iran will reach a peace deal.

Frugal and more online: smarter spenders rewrite luxury's China dream

When Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until she considered how Chinese spending habits have changed in recent years.

Nvidia to boost spending in Taiwan to $150 bn a year

Nvidia will increase investment in Taiwan to $150 billion a year, the US chip giant's boss said Wednesday, describing the export-driven island as the "epicentre of the AI revolution".

Value of South Korean chip giant SK hynix tops $1 tn

The market value of South Korean memory chip maker SK hynix soared past $1 trillion on Wednesday thanks to frenzied global demand for the computing hardware that powers artificial intelligence tools.

Asia stocks mixed over hopes of US-Iran deal, tech gains

Asian equities were mixed on Wednesday with gains driven by tech stocks and guarded optimism the United States and Iran will reach a peace deal.

'My job is going': UK workers squeezed out by AI

When a client asked her a year ago to design a glossary to train an artificial intelligence system, translator Jessica Spengler realised she was going to train her own replacement.

Samsung workers approve bonus deal after big AI profits

Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses, averting a major strike as the South Korean chip giant's profits soar due to booming demand for artificial intelligence tools.

Low cost glasses help India's poor see a better future

As soon as he put on his glasses, Indian vegetable seller Tofan Jena knew daily life would never be the same.

'I'm still lost': Los Angeles airport baffles travellers ahead of World Cup

An exhausted TJ James has just stepped off an 18-hour flight at Los Angeles international airport where he is getting a taste of the chaos that awaits tens of thousands of people expected for the World Cup, which starts on June 11.

Canadian who supplied poison for suicides to plead guilty

A Canadian man accused of shipping poison to people contemplating suicide around the globe is expected to plead guilty to several counts on Friday, ending a case that has shocked the public.

New strikes threaten ceasefires in Iran, Lebanon

Tehran on Tuesday accused Washington of breaching their ceasefire and warned it was ready to retaliate after overnight US strikes, while Israeli bombardment in Lebanon left dozens dead, threatening an increasingly fragile truce there.

Oil back at $100 as US strikes douse Iran war hopes

Oil prices rebounded back to $100 on Tuesday while stock markets were mixed and the dollar firmed after US military strikes on Iran deflated hopes of an imminent deal to reopen the Strait of Hormuz.

As IPO nears, arms maker KNDS reports booming profits

Franco-German tank and weapons maker KNDS reported booming earnings Tuesday as it gears up to launch the latest initial public offering in the fast-growing defence sector.

BP ousts chairman over 'serious' governance concerns

British oil giant BP unexpectedly removed Albert Manifold as chairman on Tuesday after less than one year in the role, citing "serious concerns" about governance standards, oversight and conduct at the company.

Fish-eating cormorant lands in EU's crosshairs

The great cormorant bird is eating too much fish for the liking of a group of EU nations that on Tuesday called for a cull.

Oil rebounds, stocks drop as US strikes douse Iran war hopes

Oil prices rebounded slightly on Tuesday while stock markets mostly retreated and the dollar firmed after US military strikes on Iran deflated hopes of an imminent deal to reopen the Strait of Hormuz.

MEXC Deploys 1,000 BTC to Strategic Reserves in March–April Security Report

MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. Alongside this massive capital injection, the exchange continues to scale its compliance architecture to neutralize evolving market threats.Intercepted 26,897 Accounts Linked to Organized Risk ActivitiesDuring this 60-day period, MEXC's security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud—an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from the Commonwealth of Independent States (CIS) and Indonesia, tracking 3,567 and 1,524 threat clusters, respectively. All identified entities were subjected to immediate platform-wide bans to secure ecosystem liquidity and protect user capital.Deploying On-Chain Intelligence to Immobilize Compromised FundsBy syndicating threat-linked wallet data with major industry partners, MEXC actively maps and disrupts illicit capital flows tied to theft and fraud, preemptively restricting assets before secondary transfers can happen. From March to April, the platform processed 254 cross-platform intelligence requests, including 50 law enforcement freeze mandates. Through this collaborative infrastructure, the exchange directly immobilized 17,084,031 USDT across 47 active threat cases—23 of which were executed via direct law enforcement intervention. All intelligence broadcasting and subsequent asset freezes were conducted in strict adherence to multi-jurisdictional laws, ensuring rapid response efficiency while maintaining absolute regulatory compliance.Restoring Misdirected Capital: 863,127 USDT Recovered Across 819 IncidentsBetween March and April, MEXC manually processed 819 erroneous deposit cases, recovering assets equivalent to 863,127 USDT. Each case underwent rigorous manual review, on-chain verification, and cross-chain tracking procedures to guarantee the precise and secure restitution of user capital.

Ferrari unveils 'Luce', its first fully electric car, in a tough market

Italian luxury carmaker Ferrari has unveiled its first fully electric model, the Luce, belatedly joining rivals like Porsche and Lamborghini to offer clean-energy driving thrills.

US strikes fuel concern over Iran deal talks

US forces launched overnight strikes on missile sites in southern Iran and boats they said were trying to lay mines in Gulf waters, sending oil prices higher Tuesday and fuelling tension as diplomats sought a deal to end the war.

Asia stocks fall, oil prices diverge on US-Iran deal uncertainty

Asian stocks fell and crude prices diverged on Tuesday after fresh US strikes on Iran deflated optimism that a deal to reopen the Strait of Hormuz was imminent.

Asia stocks fall, oil prices mixed on US-Iran deal uncertainty

Asian stocks fell and crude prices were mixed on Tuesday after fresh US strikes on Iran deflated optimism that a deal to reopen the Strait of Hormuz was imminent.

Au so chic: Paris Mint to issue first solid-gold coins in a century

The Paris Mint said Tuesday that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis a century ago.

Starbucks Korea reveals series of mishaps leading to 'Tank Day' campaign

Starbucks Korea revealed on Tuesday a series of mishaps leading to its heavily criticised "Tank Day" promotion, including the use of AI to develop the campaign, which it said lacked "social and historical sensitivity".

Asia stocks, oil prices mixed on US-Iran deal uncertainty

Asian stocks and oil futures were mixed on Tuesday after fresh US strikes on Iran threatened fragile negotiations to reopen the Hormuz strait.

The China Mail - Economy (English)