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IN THE NEWS

Taiwan grounds Mirage fighters for safety checks after night crash

Taiwan grounds Mirage fighters for safety checks after night crash

Taiwan's air force said Wednesday it had grounded its fleet of Mirage 2000 fighters for safety checks, after a jet crashed during a night training flight the day before.

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UniCredit takes stake in Commerzbank, fuelling tie-up talk

UniCredit takes stake in Commerzbank, fuelling tie-up talk

Commerzbank shares soared Wednesday after Italian bank UniCredit acquired a nine-percent stake in Germany's second-biggest lender, half of it from the German state, fuelling speculation about a potential takeover.

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Stocks, dollar diverge before key US inflation data

Stocks, dollar diverge before key US inflation data

Major stock markets and the dollar diverged Wednesday before US inflation data that could help indicate the size of an expected interest-rate cut from the Federal Reserve next week.

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Nigeria's Dangote refinery caught between promise and reality

Nigeria's Dangote refinery caught between promise and reality

When will gasoline from Nigerian tycoon Aliko Dangote’s mega-refinery finally flood the home market? That's the question Nigerians are asking as Africa’s most populous country battles chronic petrol shortages.

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'Lost everything': survivor tells of deadly Vietnam landslide horror

'Lost everything': survivor tells of deadly Vietnam landslide horror

When a massive landslide crashed into her village in northern Vietnam, Hoang Thi Bay clung desperately to a concrete pillar as the wall of mud and rocks swept houses away all around her.

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Tearful South Korea star denies 'ridiculous' China match-fixing claims

Tearful South Korea star denies 'ridiculous' China match-fixing claims

South Korean World Cup player Son Jun-ho broke down in tears Wednesday as he denied match-fixing and accused China of blackmail after they banned him for life.

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Kenya airport strike disrupts flights

Kenya airport strike disrupts flights

Hundreds of passengers were left stranded at Kenya's main airport on Wednesday as staff went on strike over a planned takeover by an Indian company.

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Hanoi river level hits 20-year high as SE Asia typhoon toll passes 150

Hanoi river level hits 20-year high as SE Asia typhoon toll passes 150

Residents of Hanoi waded through waist-deep water Wednesday as river levels hit a 20-year high and the toll from the strongest typhoon in decades passed 150, with neighbouring nations also enduring deadly flooding and landslides.

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Michael Kors brings Italian air to New York Fashion Week

Michael Kors brings Italian air to New York Fashion Week

Fashion designer Michael Kors brought an Italian air to New York Fashion Week, presenting his Spring/Summer 2025 collection Tuesday as the brand remains embroiled in a legal battle with competition authorities.

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Markets mixed ahead of US inflation, yen rallies after US debate

Markets mixed ahead of US inflation, yen rallies after US debate

Equity markets were mixed Wednesday as worries about the world's top two economies offset US rate cut optimism, while the yen hit a nine-month high after a Bank of Japan official hinted at more monetary tightening.

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