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Featured

SK hynix posts 1,200% net profit boost on AI chip boom

South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips.

Senate advances sweeping Russia sanctions bill

The US Senate advanced sweeping sanctions legislation targeting Russia's energy revenues Tuesday, as Ukrainian President Volodymyr Zelensky visited Washington to press for stronger action against Moscow.

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French star chef quits restaurant after 'troubling' hazing

A French star chef has abruptly quit his luxury hotel job after a hazing in which a kitchen hand was reportedly tied up naked and humiliated, the hotel chain said Thursday.

Asian stocks trade higher on Fed rate hopes

Asian stocks were largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.

US, Mexico see headway on migration as Blinken pays emergency visit

Top Mexican and US officials said that they made progress Wednesday in emergency talks on curbing a surge in migration, which has become a major headache for President Joe Biden as he enters an election year.

India targeting high-profile journalists with spyware: Amnesty

India's government has recently targeted high-profile journalists with Pegasus spyware, Amnesty International and The Washington Post said in a joint investigation published Thursday.

Asian stocks open higher on Fed rate hopes

Asian stocks opened largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.

Oil spill blackens part of Venezuela's western coast

An oil spill is sloshing tarry ooze onto beaches in the state of Carabobo along Venezuela's western coastline, several environmental groups said on Wednesday.

Apple wins watch ban pause in US patent feud

A federal court handed Apple a victory on Wednesday by suspending a ban on the US sale of its latest watch models in a feud over patents with health company Masimo.

Argentines protest Milei's economic reforms

Thousands of Argentines took to the streets of Buenos Aires on Wednesday, clashing with police as they protested a decree of sweeping economic reform and deregulation published by President Javier Milei.

Global stocks rise after holiday break as oil prices retreat

Global stocks mostly rose Wednesday as several more major markets returned from the Christmas holiday break as investors remained broadly optimistic in light of easing pressure from central banks.

Blinken seeks way forward in Mexico on migration surge

US Secretary of State Antony Blinken opened talks Wednesday in Mexico in hopes of tackling surging migration, which has become a major political headache for President Joe Biden as he enters an election year.

Stock markets rise after holiday break

Global stocks edged higher Wednesday as several more major markets returned from the Christmas holiday break, with traders optimistic that the US Federal Reserve will cut interest rates early next year.

Shipping giant CMA-CGM joins Maersk in Red Sea return

French shipping giant CMA-CGM has resumed some transit through the Red Sea, days after Danish group Maersk announced it would return as a US-led naval coalition is now policing the maritime route against Yemeni rebel attacks.

Stock markets rise after festive break

Asian and European stocks climbed Wednesday, with several key equity markets reopening after a festive break, as investors bet on the US Federal Reserve cutting interest rates as early as March.

Russia says redirected most oil exports to China, India

Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.

Asian stocks track US gains in 'Santa Claus rally'

Asian markets opened higher on Wednesday, tracking Christmas holiday gains on Wall Street, with investors betting on the US Federal Reserve cutting interest rates as early as March.

US rap star Kanye West apologizes for anti-Semitism

US rapper Kanye West apologized to the Jewish community Tuesday, after a series of anti-Semitic comments that sparked outrage and led to the star being dropped from lucrative commercial deals and banned from social media.

Apple to appeal US Watch ban

Apple said on Tuesday it will appeal a US import ban on its latest smartwatch models after the Biden administration opted to not veto a ruling on patent infringements.

Homelessness soars in rural England as living costs hit poor

Homelessness in rural England has risen by 40 percent in five years with many sleeping in the open air, tents or makeshift shelters, a British rural charity said on Tuesday.

Toyota's Daihatsu suspends all domestic production

Japanese car maker Daihatsu has suspended all its domestic production as the Toyota-owned company faces a massive safety testing scandal.

Plane held for days in France on trafficking concerns lands in India

A plane that had been grounded in France for days over concerns its nearly 300 mostly Indian passengers were part of a human trafficking scheme has landed in Mumbai, flight tracking data showed early Tuesday.

Indian plane passengers held in France probe set to leave

A plane with 303 Indian passengers detained near Paris over suspicions of human trafficking was due to leave Monday for Bombay, French judicial officials said.

War rages in Gaza, dimming Christmas lights in Bethlehem

Israel on Sunday pressed on with its war on Hamas in Gaza, shifting focus to the besieged territory's south as a spiralling death toll has thrown a pall of gloom over Bethlehem on Christmas Eve.

Deal struck to end Geneva airport strike

A deal has been reached to end an hours-long strike by ground staff at Geneva airport, which had caused numerous flight delays and cancellations during the holiday rush.

13 dead, 46 injured in explosion at Indonesia nickel plant

At least 13 people were killed and 46 injured in eastern Indonesia on Sunday in an explosion at a Chinese-funded nickel-processing plant, the owner of the industrial park that hosts the facility said.

'Beyond our borders': Vietnam tech firm VNG takes on world best

VNG co-founder Le Hong Minh's first taste of international competition was as a gamer for Vietnam at an early e-sport tournament in South Korea.

Artists use tech weapons against AI copycats

Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed with university researchers to stymy such copycat activity.

Kompany hails 'milestone' for Premier League's first female referee

Burnley manager Vincent Kompany congratulated Rebecca Welch for a "milestone" achievement after she became the first woman to referee an English Premier League football match by taking charge of the Clarets' 2-0 win at Fulham on Saturday.

Hamas says 200 killed in 24 hours of Israeli strikes on Gaza

Gaza officials said Saturday that more than 200 people had been killed in Israeli strikes in 24 hours, as violence rages on after a UN resolution demanded more aid into the besieged territory.

Israel strikes Gaza after UN calls for more aid but not ceasefire

Palestinians wept and prayed for their dead on Saturday after fresh Israeli strikes followed a UN Security Council resolution that demanded more aid be allowed into Gaza but did not call for an immediate halt to fighting.

Unaccompanied minors on plane held in France over suspected trafficking

Thirteen unaccompanied minors are among the more than 300 Indian passengers of a Nicaragua-bound plane held in France over suspected human trafficking, authorities told AFP on Saturday.

AI-assisted piano allows disabled musicians to perform Beethoven

Inside the wood-panelled auditorium of one of Tokyo's most prestigious concert halls, 24-year-old Kiwa Usami presses just one index finger to the piano and summons the colossal swells of Beethoven’s Ode to Joy, accompanied by an orchestra and choir.

What to know about Milei's bid to liberalize Argentina's economy

Argentina's libertarian President Javier Milei this week unleashed a mega-decree to change or scrap 366 economic rules in a country accustomed to heavy government intervention in the market.

Berliner Tageblatt - Economy (English)