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India's Modi in Sri Lanka for defence and energy deals

Sri Lanka's leader rolled out the red carpet on Saturday for Prime Minister Narendra Modi, as Colombo balances ties with neighbouring giant India and its biggest lender, China.

Fractious Republicans seek unity over Trump tax cuts

US senators were set to vote Saturday on unlocking trillions of dollars for sweeping tax cuts promised by President Donald Trump, despite bitter infighting among the majority Republicans over the savings that will be needed to fund them.

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Asian markets track Wall St gains as tech inspires Hong Kong

Asian markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong.

Jury deliberates US pipeline case with free speech implications

A jury in North Dakota began deliberating Monday in a trial that has broad free speech implications, over a US oil pipeline operator's lawsuit seeking millions of dollars from Greenpeace for allegedly orchestrating a campaign of violence and defamation.

New blow to German auto sector as Audi announces job cuts

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition.

New Canada PM meets King Charles and Macron after Trump threats

Canadian Prime Minister Mark Carney on Monday said his country was seeking to reinforce ties with "reliable" European allies as he met Britain's King Charles III and France's Emmanuel Macron on his first foreign trip since taking office.

Hong Kong property tycoon Lee Shau-kee dies aged 97

Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development announced Monday.

US retail sales weaker than expected as consumer health under scrutiny

US retail sales logged smaller gains than expected in February according to government data released Monday, edging up from an earlier decline with all eyes on consumer spending strength amid growing worries of a recession.

Court upholds £3 bn lifeline for UK's top water supplier

A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such supplier to keep a financial lifeline as it drowns under massive debt.

OECD lowers global growth projections over tariffs, uncertainty

Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development said on Monday as it lowered its projections for global growth in 2025.

Stock markets rise as China unveils consumer plan

European and Asian stock markets started the week on the front foot on Monday as investors welcomed China's plans to kickstart consumption in the world's number two economy amid US tariff fears.

Yemen's Huthis claim US aircraft carrier attacks

Yemen's Iran-backed Huthi rebels said they attacked an American aircraft carrier group twice within 24 hours as they prepared for huge rallies on Monday after US strikes left dozens dead.

From determination to despair: S.Africa's youth battling for work

In a corner of his mother’s backyard, 30-year-old Thabang Moshoke runs a clipper through a client's hair at a makeshift barbershop that has only a rough roof to shield it from the skies.

Designer Jonathan Anderson leaves Spanish brand Loewe

British designer Jonathan Anderson has left Spanish brand Loewe after more than a decade at the helm, owner LVMH announced Monday, with the 40-year-old tipped to take over at Dior.

Markets start week on front foot as China unveils consumer plan

Markets rose on Monday as investors welcomed Chinese plans to kickstart consumption in the world's number two economy, though worries about Donald Trump's tariffs war continue to cast a shadow over trading floors.

Gauls on tour: Asterix does Portugal for 41st comic

France's favourite magic potion-swigging winged-helmed hero Asterix will take in a spot of Portuguese sun for the comic Gaul's 41st album out in October, his publisher said on Monday.

Yemen's Huthis claim attacks on carrier group after US strikes

Yemen's Iran-backed Huthi rebels claimed on Monday to have twice attacked an American aircraft carrier group within 24 hours, calling it retaliation for deadly US strikes.

Why are proposed deep-sea mining rules so contentious?

After more than a decade of negotiations, a new round of talks to finalize a code to regulate deep-sea mining in international waters begins Monday in Jamaica, with hopes high for adoption this year.

Cuba gradually turning lights back on after island-wide blackout

Power was slowly being restored across most of Cuba on Sunday, after nearly 40 hours without electricity, in the island's fourth major blackout in six months.

US strikes in Yemen kill 31 as Trump vows to end Huthi attacks

The first US strikes against Yemen's Huthis since President Donald Trump took office in January killed at least 31 people, the rebels said Sunday, as Washington warned Iran to stop backing the group.

Mexicans protest for victims of latest mass grave discovery

Protesters gathered across Mexico on Saturday to demand justice following a grisly discovery of charred bones, shoes and clothing at a suspected drug cartel training ground.

China's Baidu releases new, free AI model to compete with DeepSeek

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector.

Rare iconic movie posters to be auctioned in US

Dozens of rare posters from some of the 20th century's most iconic films will go under the hammer this month as an American collector relinquishes some of his most precious possessions.

US Fed likely to keep rates steady as Trump uncertainty flares

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.

Trump's bitcoin reserve a 'digital Fort Knox'

The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for the cryptocurrency sector.

US strikes in Yemen kill 20 as Trump vows to end Huthi attacks

The first US strikes against Yemen's Huthis since President Donald Trump took office in January killed at least 20 people, the rebels said Sunday, as Washington warned Iran to stop backing the group.

Latest power outage leaves Cubans struggling to get by

Most Cubans were without power for a second day Saturday, but as in the three earlier major outages of the past half year, they are adjusting -- with resignation.

Oil spill in Ecuador river brings emergency declaration

An oil spill in northwestern Ecuador has turned a river black, prompting authorities to declare an environmental emergency amid "unprecedented" damage and to order residents to ration drinking water, officials said.

Brazilians sentenced in beating death of Congolese migrant

Two Brazilians have been sentenced to 19 and 23 years in prison respectively for the beating death of a young Congolese migrant in Rio de Janeiro, the court announced Saturday.

France launches manslaughter probe against TotalEnergies over Mozambique attack

French prosecutors said Saturday they had opened a manslaughter investigation against energy giant TotalEnergies following a bloody 2021 jihadist attack in Mozambique.

Armed groups covet cocoa in eastern DR Congo

Despite the risks from deadly armed groups roaming the countryside, Judith Kahindo walks alone every day to her isolated cocoa plantation in the war-torn North Kivu region of the eastern Democratic Republic of Congo.

Cuba suffers fourth nationwide blackout in five months

Cuba suffered a general blackout on Friday caused by a crash of its national electricity grid, officials said, the fourth major power outage on the cash-strapped communist island in five months.

New nationwide blackout hits Cuba, officials say

Cuba suffered a general blackout on Friday caused by a crash of its national electricity grid, officials said, the latest major power outage in the island country.

Meta strives to stifle ex-employee memoir

Meta wants to derail a freshly released memoir by a former employee whose scandalous allegations the tech giant argues are untrue and should never have been published.

The China Mail - Economy (English)