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US Fed holds interest rates steady despite 'too high' inflation

The US Federal Reserve on Wednesday held interest rates steady, even as its Chairman Kevin Warsh said inflation remained "too high" but insisted that politics played no part in the central bank's decision not to continue raising rates days before crucial midterm elections.

Pioneering US labor leader Dolores Huerta dies at 96

Dolores Huerta, the US labor leader and civil rights icon whose union work changed the lives of migrant workers, has died, her family said Wednesday. She was 96.

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Let's get physical: Singapore's seniors turn to parkour

In a corner of suburban Singapore, Betty Boon vaults a guardrail, crawls underneath a slide, executes forward shoulder rolls and scales a steep slope, finishing the course to applause.

Indian tile makers feel heat of Mideast war energy crunch

Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war.

At 50, Apple confronts its next big challenge: AI

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.

Sailboats carrying aid reach Cuba after going missing: AFP journalist

Two sailboats carrying humanitarian aid to crisis-hit Cuba reached Havana on Saturday after a long journey from Mexico during which they went missing and triggered a search-and-rescue mission.

Missing Cuba-bound aid boats located, crew reported safe

Two sailboats that disappeared while taking humanitarian aid from Mexico to Cuba have been located by the Mexican Navy and the crews are safe, organizers and Mexican authorities said Saturday.

22 migrants die off Greece after six days at sea: survivors

Twenty-two migrants hoping to reach Europe from North Africa have died off the coast of Greece after six days at sea in a rubber boat, survivors told the Greek coastguard Saturday.

Questions over Israel's interceptor stockpiles as Mideast war drags on

The ability of Israel's highly sophisticated air defences to keep intercepting Iranian attacks is coming under scrutiny as the Middle East war drags on into a second month.

Sweet heist? Nestle says 12 tonnes of KitKat stolen

A huge shipment of Nestle's crunchy KitKat chocolate bars was stolen in Europe, the brand said, warning that the heist risked causing shortages in stores right before Easter.

Yemen's Houthi enter war with missile targeting Israel

Yemen's Houthi rebels announced their entry into the Middle East war on Saturday by launching a ballistic missile towards Israel, as the world struggled to contain the economic damage of a conflict now entering its second month.

Attacks across Middle East as Iran war enters second month

Gulf countries and Israel came under missile fire and Israeli forces struck Iran on Saturday, as the war raged into its second month with Washington expressing hopes for progress in talks with Tehran.

More to IOC gender testing than appeasing Trump: ex-IOC executive

The International Olympic Committee's new policy on gender testing could be seen as "smart positioning" given the current US political climate but a former IOC marketing executive has told AFP he did not believe it was the "driving factor".

Uncertainty over war-induced oil crisis dominates key energy summit

The world's largest energy conference wrapped up in Houston on Friday with the crisis caused by the US-Israel war on Iran dominating discussions -- but with little to show for it beyond a prevailing sense of uncertainty.

US court overturns $16.1 bn judgment against Argentina over oil firm seizure

A US appeals court on Friday overturned a $16.1 billion judgment against Argentina for nationalizing the oil company YPF in 2012.

Mideast war leaves 6,000 tonnes of tea stuck at Kenya port

Between 6,000 and 8,000 tonnes of tea, worth around $24 million, is stuck at Kenya's port of Mombasa because of the war in the Middle East, trade officials said Friday.

Missing aid boats 'safely' crossed to Cuba: US Coast Guard

Two aid boats bound for Cuba that were feared missing after they set sail from Mexico have "safely transited" to the island, the US Coast Guard said Friday.

Overnight petrol queues in Ethiopia as war shortages hit

Ethiopians said Friday they slept in their cars in hours-long queues for petrol as shortages caused by the Middle East war began to take their toll.

Mexico searches for missing Cuba aid boats

The Mexican Navy searched Friday for two sailboats that went missing while transporting humanitarian aid to crisis-hit Cuba, a week after leaving Mexico with nine people aboard.

France calls Olympic gender test 'step backwards', other countries back policy

France on Friday called the International Olympic Committee's new policy on gender testing to determine eligibility to compete in women's events a "step backwards", but other countries welcomed the move.

France calls Olympic gender test 'a step backwards', other countries approve

Volkswagen in talks with defence firms on use of Germany plant: CEO

Struggling German carmaker Volkswagen is in talks with defence firms to repurpose a plant in northern Germany for the production of military transport equipment, the firm's boss said Friday.

Oil climbs, stocks fall even as Trump extends Iran deadline

Oil prices rose and stocks mostly fell Friday as initial optimism over US President Donald Trump's decision to again delay his deadline for strikes on Iran's energy assets faded.

German state railway loss widens, passengers warned of trouble ahead

Germany's beleaguered state railway operator Deutsche Bahn said Friday its losses widened last year and warned passengers to brace for less-than-perfect service for years to come.

Iran Guards warn civilians after Trump pushes Hormuz deadline

Iran's Revolutionary Guards urged civilians across the Middle East Friday to stay away from areas near US forces, ramping up its threats despite President Donald Trump's claim talks to end the month-long war were "going well".

Oil, stocks mixed as traders weigh Trump's latest Iran strike pause

Oil prices and stocks were mixed Friday as early optimism fuelled by Donald Trump's decision to again push back a deadline for Iran to reopen the Strait of Hormuz petered.

New Zealand, Australia say Olympic gender rules bring 'clarity'

New Zealand's Olympic Committee said Friday that an IOC ruling that only "biological females" will be allowed to compete in women's events would bring greater "clarity" and "fairness" to future Games.

Cryptocurrencies aiding Iran during war

Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows.

Myanmar travellers ride the rails as fuel prices rise

Myanmar's ageing railway stations are bustling with life, crowded with passengers as surging fuel prices due to the Mideast war drive commuters to choose trains over costly planes and cars.

Trump moves deadline for striking Iran energy sites

US President Donald Trump has pushed back his deadline for strikes on Iran's energy assets, saying talks on ending the war were "going very well" as Israel announced fresh strikes on Tehran early Friday.

Cyclone triggers outages at major Australian LNG plants

A cyclone off Australia triggered outages at two of the world's largest LNG plants, energy giant Chevron said Friday as Middle East turmoil stoked soaring demand for the fuel.

OpenAI shelves plans for erotic chatbot

OpenAI has put plans for a sexually explicit chatbot on hold indefinitely, the company said Thursday, amid mounting concerns about the societal and reputational risks of releasing such a product.

Oil climbs, stocks slide as Iran war uncertainty reigns

Oil prices jumped and equities slid Thursday as hopes for a peace deal between the United States and Iran wavered, with US President Donald Trump threatening to "obliterate" the country even as he claimed negotiations to end the conflict were ongoing.

Joy, scepticism across west Africa after UN vote on slave trade

Ghanaians in the streets of the capital Accra were full of pride -- and already looking toward future "justice" -- Thursday after the United Nations recognised the transatlantic slave trade as "the gravest crime against humanity."

Coin Press - Economy (English)