Coin Press - Economy

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Featured

US Fed expected to hold rates steady as Iran war roils outlook

US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness.

It's 'Sinners' v 'One Battle' as Oscars day arrives

After months of expensive campaigns, the Oscars finally arrive Sunday, with all eyes on the race between "One Battle After Another" and "Sinners" for best picture, Hollywood's most coveted prize.

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'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.

US eases Cuba oil embargo but demands 'dramatic' change

The United States on Wednesday eased an oil embargo on Cuba but Secretary of State Marco Rubio said the communist-run island must change "dramatically," saying it had only itself to blame for an economic crisis.

IMF urges US to work with partners to ease trade restrictions

The IMF on Wednesday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world's biggest economy.

Iran negotiators arrive in Geneva for high-stakes US talks

An Iranian delegation headed by its top diplomat arrived in Geneva on Wednesday for talks with the US, as the Islamic republic's president struck an upbeat tone about the prospect for a negotiated agreement to avert fresh conflict.

Eleven men lured into Russia war returned to South Africa

Eleven South African men who were allegedly lured into fighting for Russian forces in Ukraine returned to their home country Wednesday, AFP reporters saw.

Stock markets strike record highs as AI concerns ease

Stock markets in Asia and Europe reached record highs Wednesday on easing worries about the AI sector and ahead of chip behemoth Nvidia releasing its earnings.

Guinness maker Diageo cuts outlook on weak US, China demand

Diageo, the maker of Guinness stout and Smirnoff vodka, cut its sales outlook and slashed shareholder payouts Wednesday, as its new chief executive seeks to revive the struggling drinks group.

Swiss-EU deals package to be signed next week

After years of negotiations, Switzerland and the European Union will next week sign a package of agreements aimed at simplifying and harmonising their ties, Bern and Brussels said on Wednesday.

Stock markets hit record highs on easing AI concerns

Stock markets in Asia and Europe reached record highs Wednesday on easing worries about the AI sector which many see as overvalued and a threat to several industries.

Germany's Merz meets Xi in China, seeking closer ties

German Chancellor Friedrich Merz met with Chinese leader Xi Jinping in Beijing on Wednesday, hoping to bolster ties with his country's largest trade partner and high-tech rival as Europe's biggest economy struggles.

Aston Martin slashes staff as US tariffs hit carmakers

British luxury carmaker Aston Martin Lagonda on Wednesday announced plans to cut up to 20 percent of its workforce after widening annual losses on US tariffs and weak Chinese demand.

South Korea birth rate jumps but still under key fertility threshold

South Korea has recorded its biggest annual birth rate bump in 15 years, official figures showed Wednesday, but still far below the threshold needed to stop its population shrinking.

Coin Press - Economy (English)