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Xi says China must 'overcome' AI chip challenges
President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.
India and Pakistan's Kashmir fallout hits economy too
Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations.
Developing countries should fast-track US trade deals: World Bank president
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington.
Trump tariff promises get a reality check
A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and partners still unresolved -- and anxiety building over the state of the global economy.
US stocks extend rally as market eyes busy calendar next week
Wall Street stocks overcame early weakness Friday to push higher for a fourth straight positive session, following gains in most overseas equity markets.
IMF chief hails 'constructive' Spring Meetings held under tariff uncertainty
The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week had shown a "remarkably constructive spirit," despite the uncertainty from Donald Trump's tariff plans.
German prosecutors seek jail terms in VW 'dieselgate' trial
German prosecutors asked for jail sentences Friday in the trial of four former Volkswagen managers accused of fraud in the "dieselgate" emissions-cheating scandal.
EU, US should de-escalate and negotiate trade deal: IMF Europe director
The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the continent, the International Monetary Fund's Europe director said Friday.
Lego block: Dutch court rules mould maker can't use toy trademark
A Dutch court Friday ordered a local concrete block mould manufacturer to scrap the word "Lego" on its website, saying using one of the world's most famous trademarks gave it an "unfair advantage".
Wall Street stock rally falters as Trump touts 50% tariff victory
Wall Street stock markets wobbled at the start of trading on Friday after President Donald Trump indicated he envisages stiff US tariffs even after reaching trade deals.
TikTok videos exploit trade war to sell fake luxury goods
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices.
Actors with Down syndrome tear down barriers in London show
It's one of Shakespeare's most existential questions "to be or not to be?" Now a group of globe-trotting Peruvian actors with Down syndrome are tackling it head-on, breaking down prejudice and barriers.
Nepal marks 10 years since devastating 2015 quake
Nepal marked on Friday the 10th anniversary of a massive earthquake that killed almost 9,000 people and left millions more homeless.
Stock markets rise on hopes of easing trade tensions
Asian and European stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent Alphabet, and hopes of diffusing tensions in US President Donald Trump's trade war.
China's top leaders pledge economic support as trade war rages
China's top leaders pledged on Friday to step up support for the economy and oppose "unilateral bullying" in global trade in a veiled rebuke of hefty tariffs imposed by US President Donald Trump.
China says wind and solar energy capacity exceeds thermal for first time
China's wind and solar energy capacity has surpassed that of mostly coal-powered thermal for the first time, the national energy body said Friday.
Asian and European stocks rise in wake of Wall Street rally
Asian and European stocks climbed on Friday, buoyed by a rally on Wall Street and the prospect of trade deals progressing between the United States and some of its economic partners.
Asia stocks rise in wake of Wall Street rally
Asian stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent company Alphabet, and the prospect of diffusing tensions in US President Donald Trump's trade war.
Nepal's long road to quake resilience
A decade has passed since a massive earthquake ripped through Nepal, but in Ram Bahadur Nakarmi's home the damage is still visible -- and so is the fear another might strike.
Stocks rally rolls on in US, mixed elsewhere
Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water on US President Donald Trump's comments talking up prospects of a deal to end their trade war.
Panama president says moving toward reopening contested mine
Panamanian President Jose Raul Mulino said Thursday that his government was working toward the reopening of Central America's biggest copper mine, despite fierce opposition from environmentalists.
Trump trade deals appear distant as tariff tensions simmer
US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a French minister saying an agreement with the EU was "a long way" off and China insisting talks had not even started.
Corona beer maker Modelo says to invest $3.6 bn in Mexico
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States.
American Airlines pulls 2025 forecast on economic uncertainty
American Airlines withdrew its full-year profit forecast Thursday, citing economic uncertainty that has clouded its outlook for hiring and capacity additions.
Stocks rally rolls on in US, fizzles elsewhere
Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water on US President Donald Trump's comments talking up prospects of a deal to end their trade war.
France failed to protect rights of teen rape victims: Europe court
The European rights court condemned France on Thursday for failing to protect the rights of three teenagers who reported rape, including one who accused 14 firemen of abuse.
US existing home sales see biggest drop since 2022
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.
French independent studio's first video game draws fans
Independent French studio Sandfall Interactive's first video game "Clair Obscur: Expedition 33" launched worldwide on Thursday but has already built up a solid community of fans eager to discover its post-apocalyptic fantasy world.
US Treasury chief raised 'important issues' in IMF criticism: Georgieva
US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday.
US existing home sales retreat more than expected in March
Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as mortgage rates remained high and weighed on affordability for homebuyers.
Stocks rally fades along with hopes of quick US-China trade deal
A rally on global stock markets fizzled Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.
P&G cuts outlook as consumers pull back amid tariffs
Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture.