Seoul tanks as Asian stocks tumble, oil extends gains on Iran war
Seoul shares collapsed more than 12 percent as Asian equity markets were hit by panic selling Wednesday, while oil rose amid fears the US-Israel war on Iran will fan inflation and hammer the global economy.
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Pressure on Norris as Formula One enters new era in Melbourne
A new era in Formula One revs up this week with Lando Norris starting his world title defence and Cadillac making their debut at a wide-open Australian Grand Prix that will test the impact of sweeping rule changes.
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Khamenei to be buried in holy city of Mashhad: Iranian media
Iran's slain supreme leader Ayatollah Ali Khamenei will be buried in the holy city of Mashhad, the Fars news agency said Tuesday.
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Israeli strike hits Beirut hotel: Latest developments in Middle East war
Explosions rocked the Lebanese capital and Israel said it was launching a new wave of overnight strikes on Iran, as the war engulfing the Middle East continued into Wednesday.
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Lebanon reports broad Israeli strikes hitting hotel, residential building
Israeli strikes hit a Beirut hotel and a residential building in Lebanon's east, Lebanese state media said Wednesday, as Israel announced "broad-scale strikes" against Hezbollah after repeated missile and drone launches.
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EU to unveil 'Made in Europe' rules despite pushback
The EU will on Wednesday unveil "Buy European" rules to boost domestic production, which Brussels says will help defend European businesses against fierce global competition, especially from China.
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Nepali women still sidelined in post-uprising polls
Nepali women risked their lives in last year's deadly anti-corruption protests that toppled the government.
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Asian stocks tumble further, oil extends gains as inflation fears grow
Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with their war on Iran, with investors growing fearful about a surge in inflation and the impact on the global economy.
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Europe should focus on industrial AI, SAP says
Europe should focus on competing in industrial AI, a top executive at German software giant SAP said, as the continent plays catch-up in the race for the cutting-edge technology against the United States and China.
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Chinese consumers scout lower prices, secondhand goods as spending sputters
In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- pre-used items that would have been out of place in a major Chinese mall a decade ago.
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