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IN THE NEWS

Stock markets diverge as inflation takes centre stage

Stock markets diverge as inflation takes centre stage

Equity markets diverged Friday as traders fixed attention on inflation numbers from the eurozone and the United States for clues on the outlook for interest-rate cuts.

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India court urges heatwave emergency declaration

India court urges heatwave emergency declaration

An Indian court has urged the government to declare a national emergency over the country's ongoing heatwave, saying that hundreds of people had died during weeks of extreme weather.

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Taiwan govt to return bills expanding powers to parliament

Taiwan govt to return bills expanding powers to parliament

Taiwan's premier said Friday the controversial bills expanding parliament's powers will be sent back to the legislature, citing worries about their constitutionality after they drew thousands of protesters angered by government overreach.

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S. Korea military warns of more trash-filled balloons from North

S. Korea military warns of more trash-filled balloons from North

More trash-filled balloons from North Korea are expected to litter the South from Saturday, Seoul's military said, days after Pyongyang began its campaign to punish its neighbour.

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NATO allies' support grows for Ukrainian strikes in Russia

NATO allies' support grows for Ukrainian strikes in Russia

Support grew among NATO allies on Friday for using Western-donated weapons to strike inside Russian territory, while NATO chief Jens Stoltenberg downplayed Kremlin warnings of an escalation.

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Chinese property giant Evergrande fined $576 mn for 'fraud'

Chinese property giant Evergrande fined $576 mn for 'fraud'

China's deeply indebted property giant Evergrande has been fined $576 million for fraudulent business practices, Beijing's top financial regulator said Friday.

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Yemen rebels threaten 'escalation' as US, UK strikes said to kill 16

Yemen rebels threaten 'escalation' as US, UK strikes said to kill 16

Yemen's Iran-backed Huthis on Friday threatened to escalate attacks on Red Sea shipping after overnight strikes by the United States and Britain killed 16 people, according to rebel media.

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Crusaders crush Moana to keep Super Rugby title defence alive

Crusaders crush Moana to keep Super Rugby title defence alive

Skipper Codie Taylor led from the front with two tries as the Canterbury Crusaders kept their Super Rugby title defence alive Friday with a 43-10 beating of Moana Pasifika, whose dream of making the playoffs ended.

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African tech startups cater to continent's needs

African tech startups cater to continent's needs

African startups, addressing overlooked needs, are putting the spotlight on a burgeoning tech scene, despite challenges like inequality and limited digitalisation.

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Norwegian stars Warholm and Ingebrigtsen turn focus on Euros, Olympics

Norwegian stars Warholm and Ingebrigtsen turn focus on Euros, Olympics

Norwegian track stars Jakob Ingebrigtsen and Karsten Warholm lit up the Oslo Diamond League and the Nordic country's two Olympic champions now insist all their attention will turn to next week's European championships and then the Paris Games.

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