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Featured

'Don't have to hide': Thai IDs, legal work give hope to Myanmar refugees

Next to a mound of black earth, Myanmar refugees feed soil and rice seed into a clacking conveyor machine that arranges them into ready-made planting trays for Thai farms.

Siemens shares plunge on disappointing guidance raise

German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.

Last news

Meta working on potential Twitter rival

Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter.

Global bank shares gyrate as US tech-oriented bank wobbles

Global banking shares gyrated on Friday as trouble at US regional lender SVB Financial sparked concerns over the wider sector.

Stocks slump as bank shares face rout

Global stock markets sank Friday as banking shares faced a rout over contagion fears, while US jobs data was seen all but ensuring further aggressive interest rate hikes.

UK economic rebound eases recession fear before budget

The UK economy has returned to growth, data showed Friday, easing fears of an inflation-induced recession as the government readies next week's budget against the backdrop of a cost-of-living crisis.

US job growth beats expectations in February as economy still hot

The United States added more jobs than expected in February -- though fewer than the previous month, government data showed Friday, suggesting policymakers have more to do to cool down the world's biggest economy

Stock markets slump before key US jobs data

A global stock markets selloff accelerated Friday with banks tumbling on contagion fears over the plight of troubled US lender SVB.

Global bank shares sink over US fears

The world's biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender sparked concerns over the wider sector.

Markets tumble as bank worries spread from Wall Street

Asian and European markets sank again Friday following a rout on Wall Street with banks taking a hefty hit after signs of trouble at a regional US lender sparked concerns about the wider sector.

Shares in Chinese developer Kaisa plunge as trading resumes

Debt-laden Chinese property developer Kaisa's share price hit a record low on Friday as trading resumed following an 11-month trading halt, with the company saying it is in negotiations with creditors.

The technology fighting Rwanda's silent killer of women

When Rwandan villager Lillian was diagnosed with cervical cancer, the 30-year-old feared that her life was over. But a new gadget aimed at patients in low-income countries offered her hope.

Indian couples fight to legalise same-sex marriages

When Abhay Dang and Supriyo Chakraborty had their big Indian wedding under high security two years ago, the gay couple's marriage was not legally recognised -- but it soon could be.

Lawyers search for justice in Turkish quake ruins

The Turkish lawyer adjusts his helmet and steps a little deeper into the rubble in search of proof that last month's catastrophic earthquake did not need to claim so many lives.

Train crash may thwart Greek PM's re-election bid: analysts

The Greek prime minister's bid for re-election at forthcoming polls may be thwarted by the country's deadliest train crash, which has sparked mass protests and calls for him to quit.

Tourism announces its return at Berlin fair, defying inflation

The Berlin tourism industry fair this week celebrated its comeback from the dark days of the coronavirus pandemic with strong demand that has so far defied high inflation figures.

Bank of Japan leaves policy unchanged as Kuroda bows out

Japan's central bank left its ultra-easy monetary policy unchanged in its last meeting before Governor Haruhiko Kuroda steps down and is replaced by economics professor Kazuo Ueda.

Asian markets tumble as bank worries spread from Wall Street

Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.

Warnings over AI and toxic beauty myths dog TikTok's Bold Glamour filter

TikTok's latest sensation is a real-time filter called Bold Glamour that sashays right past debates over toxic beauty standards on social media, going all in on giving users a new face.

Japan parliament approves new central bank chief Ueda

Japan's parliament on Friday approved economics professor Kazuo Ueda as the central bank's next governor, after a decade of monetary easing by outgoing chief Haruhiko Kuroda.

US banking shares hammered as stocks tumble ahead of jobs data

US banking shares plunged Thursday, weighing on the broader stock market after a mixed session on global bourses.

Paris Olympics chief defends ticket pricing after criticism

The head of the Paris Olympics organising committee defended the ticketing system for the 2024 Games, calling the first phase of sales a "success" on Thursday despite complaints about high prices.

Stocks tread water as traders await US jobs data

Wall Street and European stock markets made modest moves Thursday as investors awaited US jobs data that could prompt the Federal Reserve to ramp up interest rate hikes.

Rescuers 'fear worst' for three trapped deep in Spain mine

Rescuers were struggling on Thursday to reach three people trapped deep underground after an accident at a Spanish potash mine, with officials admitting they "feared the worst".

Power cut to Paris 2024 Olympic sites in pensions protest: union

A French labour union said members working in the energy sector had on Thursday cut power to the building sites for the Olympic Village for the 2024 Paris Games, as well as the main Stade de France stadium.

Stocks mixed as traders nervously await US jobs data

Wall Street rose on Thursday but European stock markets fell as investors brace for US jobs data that they fear could prompt the Federal Reserve to ramp up interest rate hikes.

Uganda presents anti-gay bill in parliament

Ugandan lawmakers on Thursday introduced legislation to parliament that proposes tough new penalties for same-sex relations in a country where homosexuality is already illegal, defying criticism from human rights groups.

Prada touts strong profits despite China sales slump

Italian luxury group Prada said Thursday its profits jumped in 2022 as strong sales in Europe and the United States offset declines in China, and that it expects its sales to outpace the market this year.

US conservatives fire opening salvo in trans sports battle

US lawmakers advanced a bill Thursday aimed at banning transgender women and girls from sports teams that match their gender identity, as Congress turned its focus on one of the most polarizing issues in American culture.

Former Shell CEO gets big payday on soaring oil prices

Shell's recently retired CEO earned close to £10 million ($12 million) last year after the energy giant scored record profits on soaring energy prices, the British company said Thursday, sparking outrage amid a cost-of-living crisis.

'Bittersweet story': joy, pain of nations casting off UN poorest tag

There will be jubilation in the Himalayan kingdom of Bhutan this year when it quits the club of the world's poorest countries, while others still have a mountain to climb.

Stocks drop as traders nervously await US jobs data

Stock markets mostly retreated Thursday on the eve of US jobs data, which is being eagerly awaited in light of warnings from Federal Reserve boss Jerome Powell that interest rate hikes could be ramped up should the economy show no sign of slowing.

Greek officials charged over train crash, PM vows 'transparency'

Greek prosecutors on Thursday charged three more railway officials in connection with the country's worst train crash that killed 57 people, as the prime minister vowed "absolute transparency" in the probe into the tragedy.

Two dead, 28 missing in Gabon ferry accident: port official

At least two people have died and 28 are missing after a small ferry foundered off the Gabonese coast, a port official told AFP on Thursday.

Berliner Tageblatt - Economy (English)