Coin Press - Economy

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China factory activity loses steam in January

China's factory activity slowed in January, official data showed Saturday, missing forecasts after a brief rise into positive territory at the end of last year.

Melania Trump's atypical, divisive doc opens in theatres

"Melania," the Amazon MGM-produced documentary following the typically guarded US first lady as she prepares for her husband Donald's second inauguration, opened in theatres Friday.

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End to US government shutdown in sight as Democrats quarrel

The longest-ever US government shutdown appeared headed Monday to an eventual resolution, after several Democratic senators broke ranks to join Republicans in advancing a compromise deal -- sparking intra-party backlash.

Trump threatens air traffic controllers over shutdown absences

US President Donald Trump threatened Monday to dock pay of air traffic controllers he accused of shirking their "patriotic" duty, while their union decried being used as "political pawns" during the government shutdown.

End to record-long US government shutdown in sight

The longest government shutdown in American history appeared headed on Monday to an eventual resolution, after several Democratic senators broke ranks to join Republicans in advancing a compromise deal -- and sparking intra-party backlash.

Stocks rally on hopes US government shutdown to end

Stock markets charged higher Monday as investors cheered prospects that the US government shutdown could be nearing an end, after lawmakers reached a deal likely to break the record 40-day impasse.

US Supreme Court declines to hear case challenging same-sex marriage

The US Supreme Court declined on Monday to hear a case challenging the constitutional right to same-sex marriage.

Stocks rally on hopes for end to US government shutdown

Stock markets posted strong gains Monday as investors cheered prospects that the US government shutdown could be nearing an end, after reports said lawmakers had reached a deal to break the record 40-day impasse.

COP30 has a mascot: the fiery-haired guardian of Brazil's forest

With a spear in hand and red hair rising like fire, the mischievous forest guardian from Brazil's Indigenous folklore, Curupira, is the mascot of this year's UN climate conference in the Amazon.

Bank of England seeks to 'build trust' in stablecoins

The Bank of England said Monday it aims to "build trust" in stablecoins in the UK, which would be pegged to the pound under proposed national rules for the cryptocurrency.

China suspends 'special port fees' on US vessels for one year

China said on Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers takes shape.

Stocks rally as hopes rise for end to US shutdown

European and Asian stock markets rallied Monday as investors cheered prospects that the US government shutdown could be nearing an end, after reports said lawmakers had reached a deal to break the record-breaking 40-day impasse.

China suspends 'special port fees' on US vessels

China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers continues to take shape.

China lifts sanctions on US units of South Korea ship giant Hanwha

China said Monday it would suspend sanctions against US subsidiaries of Hanwha Ocean, one of South Korea's largest shipbuilders, as a fragile trade truce between Washington and Beijing continued to take shape.

Chinese businesswoman faces jail after huge UK crypto seizure

She lived a life of luxury that earned her the nickname "goddess of wealth", but Chinese businesswoman Zhimin Qian now faces a long jail sentence after police made the UK's largest-ever cryptocurrency seizure of Bitcoin worth over $6 billion.

Markets boosted by hopes for deal to end US shutdown

Equities rallied Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a deal to break the record-breaking 40-day impasse.

Saudi belly dancers break taboos behind closed doors

In a fitness studio in Saudi Arabia, dozens of women sway to Arabic music as they practise belly dancing -- an activity that many feel compelled to keep secret.

US senators reach deal that could end record shutdown

US senators reached a bipartisan deal Sunday that would resume federal funding and end a shutdown which has stretched to a record 40 days and forced many government operations to grind to a halt.

'Predator: Badlands' conquers N. American box office

"Predator: Badlands," the latest installment in the sci-fi horror franchise that started nearly 40 years ago, devoured the competition at the North American box office, debuting at $40 million, industry estimates showed Sunday.

US air travel could 'slow to a trickle' as shutdown bites: transport secretary

Air travel in the United States could soon "slow to a trickle," authorities warned Sunday as thousands more flights were cancelled or delayed and passengers faced chaos triggered by the federal government shutdown.

Cyndi Lauper, Outkast, White Stripes among Rock Hall of Fame inductees

Cyndi Lauper, Outkast, the White Stripes and Soundgarden were among this year's inductees to the Rock and Roll Hall of Fame on Saturday, adding their names to the pantheon of music's most esteemed and beloved acts.

Russian attack hits Ukraine energy infrastructure: Kyiv

A Russian attack hit Ukraine's energy infrastructure, killing two people and prompting power cuts in several regions, Ukrainian authorities said Saturday.

Worries over AI spending, US government shutdown pressure stocks

Stock markets mostly retreated Friday as the prolonged US government shutdown dragged on investor sentiment, along with worries about an AI bubble dismissed by President Donald Trump.

More than 1,200 flights cut across US in govt paralysis

More than 1,200 flights were canceled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal government shutdown.

Will 'war profiteer' Norway come to Ukraine's financial rescue?

Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, sparking calls in Oslo for the Scandinavian nation to use its colossal sovereign wealth fund to help Kyiv.

Tech selloff drags stocks down on AI bubble fears

Stock markets tumbled Friday as fears of an AI bubble deepened a tech selloff, with investors also rattled by weak economic data and a prolonged US government shutdown.

Nexperia chip exports resuming: German auto supplier

A leading German auto supplier said Friday it has received permission to export Nexperia chips from China again as Berlin welcomed signs of "de-escalation" in a row that has alarmed carmakers.

Stocks fall on renewed AI bubble fears

Stock markets fell Friday on renewed fears of an AI bubble, a weak US job market and a prolonged US government shutdown.

Inside Germany's rare earth treasure chest

In a World War II bunker east of Frankfurt, a steel door weighing over four tonnes protects Germany's largest reserve of rare earths, a treasure at the heart of rising geopolitical tensions.

Ikea profits drop on lower prices, tariff costs

The world's leading furniture company, Ikea, reported a sharp fall in annual profits on Friday as it focused on dropping prices to boost volume and faced higher costs due to US tariffs.

European, Asian stocks decline after Wall Street slide

European and Asian stock markets retreated Friday after a slide on Wall Street following weak US jobs data and signals that the Federal Reserve will not cut interest rates this year.

West Bank's ancient olive tree a 'symbol of Palestinian endurance'

As guardian of the occupied West Bank's oldest olive tree, Salah Abu Ali prunes its branches and gathers its fruit even as violence plagues the Palestinian territory during this year's harvest.

Trump hails Central Asia's 'unbelievable potential' at summit

US President Donald Trump hosted all five Central Asian leaders on Thursday for the first time, a few months after they held separate summits with Russia's Vladimir Putin and China's Xi Jinping.

Markets drop as valuations and US jobs, rates spook investors

Asian stocks tracked Wall Street losses Friday as investors weighed weak US jobs data against Federal Reserve signals suggesting no more interest rate cuts this year.

Coin Press - Economy (English)