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Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day.

Venezuela leader hikes minimum wage package by 26%

Venezuela's acting president Delcy Rodriguez on Thursday hiked the minimum wage package by 26.3 percent, to $240, in an attempt to quell growing discontent over difficult living conditions.

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'Sacrificed futures': German chemical workers protest looming job cuts

Waving placards reading "Broken Agreements, Sacrificed Futures", hundreds of workers from chemical titan BASF protested in Berlin Friday over plans to axe jobs in Germany and shift them to Asia.

Kurdish Iranian groups in Iraq eye opportunity for change at home

In the Iraqi mountains near Iran, an exiled Kurdish Iranian commander told AFP that whether or not the US launches strikes on Iran, he will still seek regime change in order to win self-determination for the Kurds.

India logs 7.8 percent quarterly growth after data overhaul

India's economy grew at a faster pace than expected in the last quarter of 2025 driven by solid consumer spending, data released Friday showed, using a new framework that calculates economic output more accurately.

Chemical giant BASF to shift jobs from Germany to Asia

BASF signalled on Friday it would shift jobs from its home market of Germany to Asia, as the struggling chemical giant seeks to aggressively cut costs.

Stocks mostly rise, oil jumps tracking AI and Iran

Stock markets mostly rose Friday with traders relieved by the tech sector holding firm despite concerns over massive AI investments.

'Without ports, Ukraine will be destroyed': Odesa buckles under Russian bombs

Looking out at the blue and yellow cranes towering over the Black Sea horizon, Viktor Berestenko worries about the relentless Russian bombardment of Odesa, Ukraine's southern port city.

Iran urges US to drop 'excessive demands' to reach deal

Iran said Friday that in order to reach a deal, the United States will have to drop its "excessive demands", tempering the optimism expressed after talks seen as a last-ditch bid to avert war.

Most Asian markets rise to cap a strong week of regional tech gains

Markets mostly rose Friday as traders extended their buying at the end of a healthy week in Asia, where tech firms rallied on a reassessment of AI investments.

'Fearless' Tracey Emin gets major London retrospective

The biggest exhibition ever devoted to the decades-spanning career of provocative British artist Tracey Emin opens Friday at London's Tate Modern, celebrating her ability to transform "life's trauma" into visceral art.

Texas at heart of Amazon's AI push in United States

Tech titan Amazon is working to step out of Nvidia's shadow with custom "Trainium" chips designed specially for machine learning as billions of dollars are poured into artificial intelligence (AI).

Asian markets fluctuate after healthy week of tech gains

Markets stuttered Friday as traders took their foot off the pedal at the end of a healthy week in Asia, where tech firms rallied on a reassessment of AI investments.

'A crime scene': US researchers examine unmarked graves of dozens of Black children

Mark Davis was just 13 years old when he perished in a juvenile detention facility for Black boys in the eastern US state of Maryland some 140 years ago.

Australian supermarket giant reins in AI assistant claiming to be human

Australian supermarket giant Woolworths has been forced to rein in an AI-powered customer service assistant after users reported it had been rambling about its mother.

The sex lives of Neanderthal males - and human females

Dating out of your league? New research says it's a tale as old as time.

US plaintiff decries harmful social media addiction

The plaintiff in a blockbuster social media trial in Los Angeles took the stand Thursday, telling the jury that she could not control her use of YouTube and Instagram as a child.

Nasdaq resumes selloff as Nvidia falls despite strong results

The tech-rich Nasdaq was back in retreat Thursday as lingering worries over the artificial intelligence boom overshadowed strong Nvidia results while leading bourses in Asia and Europe hit fresh records.

Argentina, Uruguay ratify massive EU-South America trade deal

Argentina and Uruguay on Thursday ratified a massive trade deal with the European Union that has generated enthusiasm from Brasilia to Buenos Aires but sparked protests and a legal challenge in Europe.

Canada optimistic North American free trade pact will survive

The Canadian official responsible for US trade voiced optimism Thursday about the future of a North American free trade agreement, a pact derided by President Donald Trump and set for review this year.

Argentina, Uruguay ratify EU-South America trade deal

Argentina on Thursday became the second South American country to ratify a massive trade deal with the European Union that has generated enthusiasm from Brasilia to Buenos Aires but sparked protests and legal challenges in Europe.

Uruguay becomes first country to ratify EU-South America trade deal

Uruguay on Thursday became the first country to ratify a mammoth trade deal with the European Union, which also includes Brazil, Argentina and Paraguay.

Stocks diverge as investors digest Nvidia earnings

Stock markets diverged on Thursday as investors digested company earnings, including better-than-forecast but not stellar results from chip titan Nvidia.

Stocks mixed as investors digest Nvidia earnings

Stock markets traded mixed on Thursday as investors digested company earnings, including better-than-forecast results from chip titan Nvidia.

Mother of Greek train tragedy victim takes on politicians in bid for 'justice'

Three years after Greece's deadliest-ever train crash, the mother of one of the tragedy's 57 victims told AFP she hopes her new political party will force the country's governing elite to accept responsibility.

ECB books third straight annual loss

The European Central Bank said Thursday it booked its third straight loss in 2025 due to the lingering impact of a record run of interest rate hikes.

Booming markets propel Hong Kong exchange's profits to record high

Hong Kong's stock exchange reported record profits for the second consecutive year on Thursday, after the finance hub topped the global rankings for initial public offerings in 2025.

Stocks mostly rise as markets digest Nvidia earnings

Stock markets mostly extended gains on Thursday as investors digested company earnings, including forecast-beating results from chip titan Nvidia.

Seoul hits fresh record on mixed day for stock markets

Seoul's Kospi index hit another record high Thursday on a mixed day for equities following a strong lead from Wall Street but with traders giving a tepid response to forecast-beating earnings from chip titan Nvidia.

Germany's Merz visits China AI hub hoping for business deals

German Chancellor Friedrich Merz accompanied entrepreneurs to the Chinese tech hub of Hangzhou on Thursday, hoping to land new contracts a day after meeting President Xi Jinping and sealing an Airbus deal.

Export ban sparks rush to process lithium in Zimbabwe

Zimbabwe's ban on raw lithium exports is forcing Chinese miners to rethink their strategy, speeding up plans to process the metal locally instead of shipping it to China's vast rechargeable battery industry.

Where are Southeast Asia's data centres?

New data centres are springing up worldwide as demand soars for artificial intelligence and cloud computing, with Asia one of the sector's fastest growing regions.

Seoul hits fresh record on mixed day for Asia markets

Seoul's Kospi index hit another record high Thursday on a mixed day for Asian equities following a strong lead from Wall Street but with traders giving a tepid response to forecast-beating earnings from chip titan Nvidia.

Deal or no deal: What's the state of Trump's tariffs?

US President Donald Trump's push to reimpose tariffs after his Supreme Court setback has raised questions about his trade deals and future plans, while fueling a rush for refunds.

Coin Press - Economy (English)