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Stocks slide as oil sees volatile trading day over Iran war fears

Stock markets slid on Wednesday after a volatile day of trading for oil that saw the commodity rise sharply before closing lower after International Energy Agency member states said they were ready to release more strategic reserves.

'Never again Bolsonaro': thousands march ahead of Brazil election runoff

Thousands of people joined a student march Wednesday in downtown Rio de Janeiro to protest against election favorite Flavio Bolsonaro and the prospect of the far-right's return to power in Brazil, as the campaign for a runoff election swung into action.

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US markets higher, Europe lower before US inflation, ECB meeting

US stocks opened higher and European stocks were mostly lower on Tuesday, as markets remained in a holding pattern ahead of this week's US inflation data, eurozone central bank meeting and corporate results.

Hundreds of Kenya doctors protest in support of strike

Hundreds of hospital doctors joined a demonstration in the streets of the Kenyan capital Nairobi on Tuesday as a nationwide strike by medics neared its fourth week.

US sent seized Iran weapons, ammo to Ukraine

Washington has given Ukraine small arms and ammunition that were seized while being sent from Iranian forces to Tehran-backed rebels in Yemen, the US military said Tuesday.

Israel blocking more food than other aid in hunger-stalked Gaza: UN

Israel is blocking far more convoys carrying food aid within Gaza, where famine is looming, than convoys carrying other kinds of aid, the UN said Tuesday.

Gaza war rages as Hamas studies truce proposal

Israel bombed targets in Gaza on Tuesday after Prime Minister Benjamin Netanyahu insisted the army will destroy Hamas despite ongoing Cairo talks towards a ceasefire and hostage deal.

Global markets diverge before US inflation, ECB

European stocks mainly fell on Tuesday, despite Asian gains, as many investors sat on their hands before this week's US inflation data, eurozone interest rate decision and corporate results.

South Korea to invest $7 billion in AI by 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.

China, Russia say to strengthen cooperation in Lavrov visit

China and Russia's top diplomats said Tuesday they would strengthen strategic cooperation as they met in Beijing, further deepening ties as Moscow's war in Ukraine grinds on.

Turkey imposes trade restrictions on Israel over Gaza war

Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials.

Most Asian markets gain as 'critical' US inflation data looms

Asian stocks mostly rose Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.

Irish parliament to confirm Simon Harris as new PM

Simon Harris will be formally appointed as Ireland's prime minister by parliament on Tuesday, replacing Leo Varadkar after he abruptly quit last month citing personal and political reasons.

Social media supercharges South Korea's 'politics of hatred'

Online disinformation and hate speech are poisoning politics the world over, but in South Korea there have also been real-life acts of violence in a deeply polarised electorate before polls on Wednesday.

China to 'strengthen strategic cooperation' with Russia as Lavrov visits

China's top diplomat said on Tuesday that Beijing would strengthen strategic cooperation with Moscow and that the two must stand on the side of "fairness and justice" as he met his Russian counterpart Sergei Lavrov.

France migrant graves recount tragic Channel crossings

After 20-year-old Sudanese migrant Yasser died trying to climb onto a truck crossing the Channel to Britain, he was laid to rest far from his home country in a cemetery in northern France.

Beijing says to 'strengthen strategic cooperation' with Moscow as Lavrov visits

'Politics that kill': South Korea's youth say government failing them

Outnumbered by older voters, under-represented in parliament, ignored on the campaign trail: South Korea's young say the political system is failing them, and some are fighting back before Wednesday's election.

EU eyes offshoring asylum-seekers, but avoids UK-style Rwanda plan

The European Union is open to the idea of sending asylum-seekers to outside countries, even if it is not willing to go quite as far as following Britain and its plans to fly irregular migrants to Rwanda.

Ecuador's ex-VP hospitalised after capture in embassy raid

Ecuador's ex-vice president Jorge Glas, arrested in a raid on Mexico's embassy in Quito, has been hospitalized after refusing to eat, the prison authority said Monday as a diplomatic spat over his capture spiraled.

Haiti leaders reach deal to form transitional council

Haitian leaders have finalized a deal for a temporary government to steer their Caribbean nation out of gang-fueled chaos, but the details must first be approved by the outgoing authorities, AFP confirmed Monday.

Guatemala president seeks constitutional backing to fire top prosecutor

The Guatemalan government on Monday sought constitutional court backing for President Bernardo Arevalo's bid to remove the country's top prosecutor he accuses of plotting to oust him.

Hamas, Israel talk Gaza truce deal

Hamas said Monday it is studying a proposal for a truce and hostage-prisoner swap after talks in Cairo, as Israel's defence minister said it is the right time for a deal, six months into a war with the Islamist militants in Gaza.

'Panama Papers' trial begins with key defendant denying guilt

Twenty-seven people went on trial on Monday in connection with the "Panama Papers" tax evasion scandal, with one of the main defendants denying accusations of money laundering.

Iran FM accuses US of approving strike on Damascus consulate

Iran's foreign minister again accused the United States Monday of approving a deadly strike blamed on Israel that destroyed Tehran's Damascus consulate last week, after he inaugurated a new consulate in the Syrian capital.

Biden unveils student debt plans to woo young voters

US President Joe Biden was unveiling new plans Monday to reduce student loan debt for millions of Americans, in a fresh bid to win over young voters who will be crucial in November's election.

JPMorgan Chase CEO warns inflation could stay high

Inflation could remain elevated for longer than expected, posing a risk to the US economy's near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.

Trump says up to states to decide abortion

Abortion rights should be left up to US states to decide, Republican presidential candidate Donald Trump said Monday, effectively rejecting a national abortion ban after months of mixed signals on one of the November election's most contentious issues.

Stocks climb at start of busy week; gold extends record streak

European equities rose Monday after a broadly positive Asian performance while gold soared to a new record peak at the start of a busy week that will include a eurozone interest rate decision and key US inflation data.

Cities in Russian Urals, west Siberia brace for worst floods in decades

The Russian city of Orenburg, near the Kazakh border, braced on Monday for flooding not seen in decades, as officials evacuated locals to escape rising rivers in the Urals and western Siberia.

First US-Japan-Philippines summit to boost defence ties

The leaders of Japan and the Philippines head to Washington this week for a first trilateral summit aimed at boosting defence ties, hot on the heels of four-way military drills in the South China Sea that riled Beijing.

US 'will not accept' flood of below-cost Chinese goods: Yellen

The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said Monday as she wrapped up high-level talks in China.

Gaza truce talks make 'significant progress': Egypt state media

Talks in Cairo towards a Gaza truce and hostage release deal have made "significant progress", Egyptian state-linked media reported Monday, more than half a year into the war started by the October 7 attack.

EU nears final vote on landmark asylum reform

The EU will vote Wednesday on a vast overhaul of its immigration policies that would notably harden entry procedures for asylum-seekers and require all the bloc's countries to share responsibility.

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The China Mail - Politics (English)