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IN THE NEWS

Eurozone contracts further as Germany heads for recession

Eurozone contracts further as Germany heads for recession

Germany, the EU's top economy and Europe's export powerhouse, looks headed for imminent recession, according to a closely watched survey Monday that pointed to a deepening eurozone contraction.

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Credit Suisse to pay 238 mn euros to settle French fraud probe

Credit Suisse to pay 238 mn euros to settle French fraud probe

Credit Suisse has agreed to pay 238 million euros ($234 million) to avoid prosecution on French money laundering and tax fraud charges, according to a settlement approved Monday by a Paris court.

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UK's Sunak poised to become PM as Johnson quits race

UK's Sunak poised to become PM as Johnson quits race

British Conservative Rishi Sunak was on Monday poised to become prime minister and the country's first leader of colour, after a dramatic decision by Boris Johnson to abandon an audacious political comeback.

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'Jealous lover': Fury at Putin near Ukraine front

'Jealous lover': Fury at Putin near Ukraine front

The cracked kitchen clock still showed the moment the first Russian missile vaporised the courtyard of a Soviet-era high-rise facing Ukraine's southern front.

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Most markets up on rate hopes but China fear casts shadow

Most markets up on rate hopes but China fear casts shadow

Most markets rose Monday on hopes the Federal Reserve would soon slow its pace of interest rate hikes, though the mood was darkened by worries over the China outlook after President Xi Jinping tightened his grip on power.

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Ahmed takes four as Bangladesh win first-ever Super 12 match

Ahmed takes four as Bangladesh win first-ever Super 12 match

Bangladesh won their first-ever game in a Twenty20 World Cup Super 12 Monday, with Taskin Ahmed taking 4-25 as the Netherlands imploded early and never recovered, losing by nine runs.

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China Congress shows 'ruthless' leadership: Ai Weiwei

China Congress shows 'ruthless' leadership: Ai Weiwei

Chinese dissident artist Ai Weiwei hit out at the country's rulers Monday, branding them "ruthless" after Xi Jinping secured a historic third term as leader.

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What to expect from Xi's next five years in power

What to expect from Xi's next five years in power

Chinese leader Xi Jinping has emerged from a five-year congress with even more power over the ruling Communist Party. AFP examines how Xi is expected to handle the key issues facing the country.

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Ethiopia rivals gear up for South Africa peace talks

Ethiopia rivals gear up for South Africa peace talks

Negotiators from the Ethiopian government and Tigrayan rebel authorities were readying Monday for peace talks in South Africa aimed at finding a peaceful solution to the country's brutal two-year war.

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Ahmed takes four as Bangladesh beat Netherlands

Ahmed takes four as Bangladesh beat Netherlands

Bangladesh won their first-ever game in a Twenty20 World Cup Super 12 Monday, with Taskin Ahmed taking 4-25 as the Netherlands imploded early and never recovered, losing by nine runs.

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