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Stocks, dollar rise before key US inflation data

Major stock markets mostly rose and the dollar gained slightly Friday as investors awaited the release of key US inflation data that could cement expectations that the Federal Reserve will cut interest rates next year.

Markets rise ahead of US data, expected Fed rate cut

Equity markets rose going into the weekend on Friday following a broadly positive lead from Wall Street as a mixed bag of US data did little to change expectations the Federal Reserve will cut interest rates next week.

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German factory orders rise more than expected

German industrial orders rose far more than expected in October, official data showed Friday, raising hopes that a long downturn in Europe's biggest economy may have bottomed out.

Asian markets rise ahead of US data, expected Fed rate cut

Most Asian markets rose going into the weekend Friday following a broadly positive lead from Wall Street as a mixed bag of US data did little to change expectations the Federal Reserve will cut interest rates next week.

Georgia's street dogs stir affection, fear, national debate

At a bus stop in central Tbilisi, two tagged dogs dozed on a bench as some commuters smiled at them and others cast angry glances.

Pandas and ping-pong: Macron ending China visit on lighter note

An ancient dam, pandas and ping-pong: French leader Emmanuel Macron concluded his fourth state visit to China on Friday in the southwestern city of Chengdu, striking a more relaxed note after tough discussions on Ukraine and trade with his counterpart Xi Jinping a day earlier.

TikTok to comply with 'upsetting' Australian under-16 ban

TikTok said Friday it will comply with Australia's imminent ban on under-16s joining social media on the day it comes into force, but told users the changes "may be upsetting".

Pentagon endorses Australia submarine pact

The Pentagon said Thursday it has endorsed the tripartite AUKUS security pact with the United Kingdom and Australia, which would involve Canberra's acquisition of at least three Virginia-class nuclear submarines within 15 years.

OpenAI strikes deal on US$4.6 bn AI centre in Australia

ChatGPT maker OpenAI and an Australian data centre operator have agreed to develop a multibillion-dollar AI centre in Sydney.

Unchecked mining waste taints DR Congo communities

Carrying her sore-pocked daughter across her decaying field, Helene Mvubu says she is one of thousands to have fallen victim to the toxic waste defiling the Democratic Republic of Congo's mining capital.

Asian markets mixed ahead of US data, expected Fed rate cut

Asian markets struggled into the weekend on Friday following a bland lead from Wall Street as a mixed bag of US data did little to move the needle on expectations the Federal Reserve will cut interest rates next week.

French almond makers revive traditions to counter US dominance

The scent of marzipan wafts through the air as confectioners from a century-old company in southern France prepare calissons, one of Provence's famed sweets made of candied melon and crushed almonds.

Aid cuts causing 'tragic' rise in child deaths, Bill Gates tells AFP

Microsoft co-founder and philanthropist Bill Gates told AFP on Thursday it is "tragic" that child deaths will increase worldwide for the first time this century because wealthy Western countries have slashed international aid.

Abortion in Afghanistan: 'My mother crushed my stomach with a stone'

When Bahara was four months pregnant, she went to a Kabul hospital to beg for an abortion. "We're not allowed," a doctor told her. "If someone finds out, we will all end up in prison."

Mixed day for US equities as Japan's Nikkei rallies

Wall Street stocks finished mixed at the end of a choppy session Thursday as markets digested varying labor market data and looked ahead to next week's Federal Reserve decision.

Facebook 'supreme court' admits 'frustrations' in 5 years of work

An oversight board created by Facebook to review content-moderation decisions trumpeted improved transparency and respect for people's rights in a survey of their first five years of work on Thursday, while acknowledging "frustrations" to their arm's-length role.

South Africa says wants equal treatment, after US G20 exclusion

South Africa responded Thursday to a US bar on its participation in G20 events under Washington's presidency by saying it was a fully-fledged member of the forum and expected to be treated equally.

One in three French Muslims say suffer discrimination: report

Discrimination based on religion has increased in France, a report by the country's rights ombudswoman found Thursday, with one in three Muslims surveyed saying they had suffered from it.

Russia's Putin in India for defence, trade talks

Russian President Vladimir Putin landed in India on Thursday for a two-day visit aimed at deepening defence ties, as New Delhi faces heavy US pressure to stop buying oil from Moscow.

Microsoft faces complaint in EU over Israeli surveillance data

Microsoft is facing a complaint in the European Union filed by a non-profit organisation alleging it illegally stored data on Palestinians used for Israeli military surveillance.

Milan-Cortina organisers rush to ready venues as Olympic flame arrives in Italy

The Olympic flame arrives in Rome on Thursday as the Milan-Cortina Winter Games home into view, but organisers are rushing to make sure everything is ready for a sprawling sports showcase spread across a vast area of northern Italy.

Truth commission urges Finland to rectify Sami injustices

A Finnish truth and reconciliation commission on Thursday urged Finland to rectify historic injustices committed against the indigenous Sami people, as it finalised a report after four years' work.

Stocks rise eyeing series of US rate cuts

European and Asian stock markets mostly rose Thursday after the latest batch of US data reinforced expectations that the Federal Reserve will cut US interest rates next week and into 2026.

Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions.

Russia's Putin heads to India for defence, trade talks

Russian President Vladimir Putin was due in India on Thursday for a two-day visit aimed at deepening defence ties, as New Delhi faces heavy US pressure to stop buying oil from Moscow.

South Africa telecoms giant Vodacom to take control of Kenya's Safaricom

South Africa's biggest mobile operator Vodacom said Thursday it had agreed to take control of East Africa's largest telecoms firm, Safaricom, in a deal worth $2.1 billion.

Markets mixed as traders struggle to hold Fed cut rally

Asian and European markets were mixed Thursday after the latest batch of US data reinforced expectations that the Federal Reserve will cut interest rates for a third successive time next week.

Asian markets mixed as traders struggle to hold Fed cut rally

Asian markets struggled to maintain their early momentum Thursday, even after the latest batch of US data reinforced expectations that the Federal Reserve will cut interest rates for a third successive time next week.

Asian markets stumble as traders struggle to hold Fed cut rally

Nintendo launches long-awaited 'Metroid Prime 4' sci-fi blaster

Fans of Nintendo's "Metroid" science-fiction saga have reason to celebrate Thursday as the latest instalment in the series is released after an eight-year wait and a bumpy road through development.

Trump scraps Biden's fuel-economy standards, sparking climate outcry

President Donald Trump announced Wednesday a reset of Joe Biden's fuel-economy standards, arguing it will lower US car prices -- but critics warned it would worsen climate change and leave drivers paying more at the pump.

US stocks rise as weak jobs data boosts rate cut odds

Wall Street stocks shrugged off early weakness Wednesday and finished with solid gains after poor US hiring data boosted expectations that the Federal Reserve will cut interest rates next week.

Trump to scrap Biden's fuel-economy standards, sparking climate outcry

President Donald Trump is poised to roll back his predecessor Joe Biden's tough fuel-economy standards, arguing the move will lower car prices even as critics warn it will leave drivers paying more at the pump and accelerate climate change.

Poor hiring data points to US economic weakness

US private-sector hiring data released Wednesday painted a downcast picture of the job market in the world's biggest economy, especially among small businesses.

Coin Press - Economy (English)