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Yen rebounds after hitting 34-year low past 160 per dollar
The yen surged after diving to a new 34-year low past 160 per dollar on Monday as a forecast-beating US inflation reading dented expectations for Federal Reserve interest rate cuts this year.
Musk leaves Beijing after Tesla wins key China security clearance
Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities.
Yen sinks to 34-year low past 160 per dollar
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year.
Yen slides to fresh 34-year low against dollar, stocks rally
The yen slumped to a fresh 34-year low against the dollar on Monday, fuelling expectations Japanese authorities would step in to support their currency for the first time since late 2022.
Zendaya helps 'Challengers' net top spot in N.America box office
MGM's tennis-based romance "Challengers" opened this weekend atop the North American box office, taking in an estimated $15 million behind positive reviews and the powerful net game of actor/singer Zendaya, industry watcher Exhibitor Relations reported Sunday.
Gaza truce effort builds with Hamas to respond to Israel proposal
Diplomatic efforts intensified on Sunday to reach a long sought-after truce and hostage-release deal in Gaza, as Hamas said it would travel to mediator Egypt to deliver its response to Israel's latest proposal.
Tesla CEO Musk meets China's number two official in Beijing
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.
Push for truce ramps up as Israel pummels Gaza
Diplomatic efforts increased on Sunday to reach a long sought-after truce and hostage-release deal in Gaza, as Israel carried out further air strikes and shelling on the war-battered territory.
Tesla CEO Elon Musk in China for talks
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles.
US Fed to meet amid dwindling hopes of summer rate cuts
The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts.
Abortion in Arizona: women race against the clock of an archaic law
Piper decided she needed an abortion almost as soon as Arizona judges ruled an 1864 law banning the procedure could be enforced.
'I heard monkey noises': Bilbao's Nico Williams abused at Atletico
Athletic Bilbao forward Nico Williams said he was racially abused by "stupid people" during his team's 3-1 defeat at Atletico Madrid on Saturday in La Liga.
Kenyan patients suffer as doctors' strike grinds on
Desperate to have her five-month-old daughter treated for a skin infection in Kenya, Celine Nyaga rode for an hour on the back of a motorcycle, cradling her baby in her arms.
Daimler Truck braces for possible strike in 3 southern US states
Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a potential strike as labor contract talks headed down to the wire.
US oil giants' profits dip as Exxon deal nears finish line
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.
Russia targets Ukraine railways as Western aid due to arrive
Ukraine warned Friday that Moscow was ramping up attacks on railways in a bid to disrupt military supplies ahead of a fresh Russian offensive while Kyiv waits for new US weapon deliveries.
Spanish PM keeps country guessing on his future
Spanish Prime Minister Pedro Sanchez has suspended all duties and gone silent while he considers whether to step down on Monday over a graft investigation against his wife.
US stocks rebound on tech earnings, London hits new record
US stocks rebounded Friday on the back of buoyant big tech earnings while London hit another record peak as investors tracked a series of takeover bids for UK companies.
US Fed's favored inflation measure accelerates, dimming rate cut hopes
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.
London stocks hit new record peak on takeovers
London's stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching takeovers this week for listed UK companies.
Refugee voices take centre stage at UK theatre company
In a darkly lit arts studio in London, five young actors highlight their scripts and go over their lines: the latest cast of "Phosphoros Theatre", a company that empowers refugees and asylum seekers to tell their story on stage.
China's EV execs bullish on Western pressure at Beijing car show
Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western pressure on the industry.
Yen falls further as Bank of Japan stands pat on rates
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar.
ByteDance says 'no plans' to sell TikTok after US ban law
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States.
Weak yen pressures Bank of Japan rate decision
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the tumbling yen is putting pressure on officials to act.
End of the road? Philippine jeepneys face uncertain future
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles initially made from leftover US Jeeps that became a national symbol.
Microsoft expands its AI empire abroad
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market.
United by grief, families of Boeing crash victims demand justice
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash victims want to ensure a similar tragedy never happens again.
Strong pricing boosts Caterpillar profits
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, enabling record shareholder payouts.
Biden targets fossil fuel power sector with tough new carbon rules
The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their carbon emissions or commit to shutting down altogether, a keystone of President Joe Biden's agenda to confront the climate crisis.
Honda announces US$11 bn EV battery and vehicle plant in Canada
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (US$11 billion), for a massive new EV battery and vehicle assembly plant.
American Airlines confirms 2024 forecast despite Q1 loss
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier confirmed its full-year financial forecast.
Stocks fall as tech shares sink, US economy slows
London's stock market reached a new record high but Wall Street and eurozone equities tumbled Thursday as tech shares sank after Meta signalled an AI spending spree and data showed slower US economic growth.
Thousands of flights scrapped as French air traffic controllers strike
Thousands of flights were cancelled in France and Europe on Thursday as a strike by French air traffic controllers over pay caused stoppages not seen in decades.
Turkey central bank holds key interest rate steady
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government.
Labour pledges to renationalise UK railways
Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five years if it wins a general election due later this year.
US to give Micron $6.1 bn for American chip factories
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.
BHP launches $38.8 billion takeover bid for rival Anglo American
Australian mining giant BHP confirmed on Thursday a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector.
Blades of Paris landmark Moulin Rouge windmill collapse
The blades of the Moulin Rouge windmill, one of the most famous landmarks in Paris, collapsed during the night, firefighters said on Thursday, just months before the French capital hosts the Olympics.