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IMF warns of 'intensified' risks to outlook for public finances
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
WEF confirms investigation into claims against founder Schwab
The World Economic Forum confirmed Wednesday that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompting his resignation this week.
At night, crime and fear stalk DR Congo's M23-run areas
Every morning the Congolese city of Bukavu, now under the control of the Rwanda-backed M23 movement, counts its dead.
Tokyo's newest art star: one-year-old Thumbelina
Gripping paintbrush and crayon, the artist known as Thumbelina splodges and splats with merry abandon, the one-year-old star of a Tokyo exhibition that goes on way past her bedtime.
'Everyday attack' - Trans youth coming of age in Trump's America
Lorelei Crean, 17, is busy visiting colleges, finishing schoolwork, and trying to enjoy Spring Break like any other American teenager.
Auto Shanghai showcases new EV era despite tariff speedbumps
The world's largest auto industry expo opens its doors Wednesday in Shanghai, showcasing the new electric world order even as mounting trade barriers risk dampening China's global ambitions.
Musk to reduce White House role as Tesla profits plunge
Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits.
Tesla says profits plunge 71%, warns of 'changing political sentiment'
Tesla reported a 71 percent drop in first-quarter profits Tuesday in results that lagged analyst estimates as Elon Musk's automaker warned of a hit to demand due to "changing political sentiment."
Gunmen kill dozens of civilians in Kashmir tourist hotspot
At least 26 people were killed Tuesday in Indian-administered Kashmir when gunmen opened fire on tourists, security sources told AFP, in the insurgency-hit region's deadliest attack on civilians since 2000.
US Treasury chief expects China tariff impasse to de-escalate
The trade standoff between Washington and Beijing is not sustainable, US Treasury Scott Bessent said Tuesday, predicting the tit-for-tat tariff war would de-escalate soon.
Volkswagen unveils its electric counter-offensive in China
The Volkswagen group on Tuesday unveiled a series of new vehicles and a driver assistance system built "in China for China", which it hopes will help reverse its declining fortunes in the world's largest car market.
ECB's Lagarde hopes Trump won't fire US Fed chief Powell
European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the country's central bank boss Jerome Powell prematurely.
Gold hits record as Trump fuels Fed fears, Wall Street rebounds
Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the Federal Reserve prompted investors to snap up the safe-haven asset.
IMF slashes global growth outlook on impact of Trump tariffs
The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.
Nordics, Lithuania plan joint purchase of combat vehicles
Sweden, Finland, Norway and Lithuania plan to beef up military capabilities around the Baltic Sea with a joint order for several hundred CV90 combat vehicles, Swedish Prime Minister Ulf Kristersson said Tuesday.
Gold hits record, stocks diverge as Trump fuels Fed fears
Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the Federal Reserve prompted investors to snap up the safe-haven asset.
IMF slashes China growth forecasts as trade war deepens
The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.
US VP Vance says 'progress' in India trade talks
US Vice President JD Vance said Tuesday that "good progress" had been made towards a trade deal with India after meeting with "tough negotiator" Prime Minister Narendra Modi in New Delhi.
Roche says will invest $50 bn in US, as tariff war uncertainty swells
Swiss pharmaceutical giant Roche on Tuesday announced plans to invest $50 billion in the United States over the next five years, following in the footsteps of rival Novartis, with US President Donald Trump's tariff war fuelling uncertainty in the sector.
US official asserts Trump's agenda in tariff-hit Southeast Asia
The first US official to visit Southeast Asia since Washington announced punitive tariffs on the region's countries on Tuesday issued a robust defence of President Donald Trump's foreign policy approach.
Roche says will invest $50 bn in US over next five years
Swiss pharmaceutical giant Roche on Tuesday announced plans to invest $50 billion in the United States over the next five years.
US Supreme Court to hear case against LGBTQ books in schools
The conservative-dominated US Supreme Court is slated to hear a case on Tuesday about whether parents have the religious right to pull their children from classes when books containing LGBTQ-related content are read or discussed.
Can Europe's richest family turn Paris into a city of football rivals?
Paris has everything -- stunning architecture and arguably the best food and fashion in the world. But the French capital lacks one essential element of a modern metropolis: it has no football rivalry.
US to impose new duties on solar imports from Southeast Asia
The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector.
Draft NZ law seeks 'biological' definition of man, woman
A populist party in New Zealand's governing coalition on Tuesday proposed a law to enforce a biological definition of men and women, condemning the existing "woke ideology" of "cancerous social engineering".
Indonesia food plan risks 'world's largest' deforestation
An Indonesian soldier gives a thumbs up as he crosses a rice field on a combine harvester in remote Papua, where a government food security mega-project has raised fears of mass deforestation.
Trump helps enflame anti-LGBTQ feeling from Hungary to Romania
Hungarian Nikoletta Bogadi's life was turned upside down when one of her four children came out as gay and another one as transgender.
Trump tariffs torch chances of meeting with China's Xi
With his storm of tariffs on Chinese goods, US President Donald Trump has torched ties with Beijing and likely wrecked any hope of meeting his counterpart Xi Jinping in the near term, analysts say.
X rival Bluesky adds blue checks for trusted accounts
X rival Bluesky on Monday said it was adding blue checks to accounts that have been verified to confirm users are who they claim to be.
Latin America fondly farewells its first pontiff
The passing of Latin America's first pope sparked an upwelling of sorrow but also gratitude Monday, with everyone from Lionel Messi to disparaged migrants marking the life of a pontiff who spoke to and for the region's faithful.
US assets slump again as Trump sharpens attack on Fed chief
Gold prices hit a fresh record on Monday while the dollar tumbled further along with Wall Street equities as President Donald Trump again slammed Federal Reserve Chair Jerome Powell.
US urges curb of Google's search dominance as AI looms
US government attorneys urged a federal judge Monday to make Google spin off its Chrome browser, arguing artificial intelligence is poised to ramp up the tech giant's online search dominance.