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Bezos-led Washington Post announces 'painful' job cuts

The Washington Post, owned by billionaire Amazon founder Jeff Bezos, announced major job cuts Wednesday, saying that "painful" restructuring was needed at the storied newspaper.

UK PM says Mandelson 'lied' about Epstein relations

Prime Minister Keir Starmer Wednesday said he regretted naming Peter Mandelson as ambassador to the US, following fresh allegations about the disgraced envoy's close ties to the convicted sex offender Jeffrey Epstein.

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East Timor police fire tear gas on second day of car purchase protests

East Timor police fired tear gas on Tuesday at protesters railing for the second day against a plan to buy new official cars for lawmakers, which became the latest flashpoint in one of the poorest nations in Southeast Asia.

Lower US tariffs on Japan autos kick in

Lower US tariffs on Japanese autos kicked in on Tuesday, as a relieved Tokyo welcomed the implementation of a trade pact negotiated with Washington.

Asian markets rise as traders prepare for expected US rate cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping.

Australia says social media ban will not age test all users

Australia will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said Tuesday.

US Senate poised to advance Trump aide's appointment at Fed

The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting.

Stocks push higher ahead of expected US rate cut

Stock markets mostly rose Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this week.

Stocks diverge ahead of expected US rate cut

Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this week.

Fruit fly tests in Greece target invasive species threat

In a small persimmon orchard in northern Greece, scientists carefully open paper bags to release thousands of flies, in an experiment aimed at blunting the destructive impact of invasive new species.

Markets mixed ahead of expected US rate cut

Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week, while more weak data showed China's economy continues to struggle.

Most Asian markets drop ahead of expected US rate cut

Asian markets struggled on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week, while more weak data showed China's economy continues to struggle.

Chinese factory, consumer activity slow amid economy struggles

China's economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year.

US cuts leave Zimbabwe sex workers scrambling for alternatives

In a cramped room with blistered walls on the edge of Harare, three sex workers sat pressed together on a frayed mattress spread across bare concrete.

'No regrets': wounded Nepali protesters proud at change

University student Aditya Rawal was outside Nepal's parliament with hundreds of other anti-corruption protesters when gunfire crackled and 14 people slumped down in front of him.

Malaysia's largest island state aims to be region's 'green battery'

Malaysia's verdant, river-crossed state of Sarawak is charging ahead with plans to become a regional "green battery," but its renewable energy dreams could come at serious environmental cost, experts warn.

Asian markets fluctuate ahead of expected US rate cut

Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.

Australia's ANZ bank hit with record fine over 'widespread misconduct'

Australia's ANZ, one of the country's "big four" banks, has agreed to pay a record fine of Aus$240 million ($159.5 million) over "widespread misconduct", the financial regulator said Monday.

New round of US-China trade talks kicks off in Madrid

China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash out their TikTok dispute and President Donald Trump's promised hefty tariffs.

Bulgarian mussel farmers face risk, and chance, in hotter sea

Faced with rising Black Sea temperatures that suffocate his mussels, Bulgarian farmer Nayden Stanev has been forced to change his ways -- shifting his seeding schedule and harvesting at cooler depths.

Kenya's only breastmilk bank, life-line for premature babies

Surrounded by incubators, a red tube snaking into her tiny nose, four-day-old Grace-Ella is being fed donated breastmilk at the only facility in Kenya that offers the life-giving service.

Lab-grown diamonds robbing southern Africa of riches

Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones threaten their economies.

Australia to spend US$8 bn on nuclear sub shipyard facility

Australia will spend an initial Aus$12 billion (US$8 billion) to upgrade shipyard facilities for a future fleet of nuclear-powered submarines, the government said Sunday.

Immigration raids sapping business at Texas eateries

Oscar Garcia Santaella's Mexican restaurant is hurting badly as US immigration agents stage raids in Texas: his customers are afraid to leave home and some of his staff are wary of coming to work.

France's new PM courts the left a day after ratings downgrade

France's new Prime Minister Sebastien Lecornu held out an olive branch to the left on Saturday, ruling out his predecessor's plan to cut two public holidays to help slash the deficit.

Vienna wins on home turf as it hosts first tram driver world cup

Vienna hosted the first ever Tram Driver World Championship on Saturday, with the city's skilled drivers emerging victorious out of 25 teams from across the world battling it out in a tense competition.

Who is Tyler Robinson, alleged killer of Charlie Kirk?

How did Tyler Robinson -- a straight-A student raised Mormon by Republican parents -- become the alleged assassin of right-wing mega-influencer Charlie Kirk?

Airstrikes, drones, tariffs: being US friend not what it used to be

Donald Trump returned to the White House vowing always to put America first. In recent days, even longtime US allies have found out the hard way that friendship has limits.

Fitch downgrades France's credit rating in new debt blow

The Fitch agency downgraded France's credit rating on Friday, as President Emmanuel Macron struggles with political instability and disagreements on how to put the country's strained public finances in order.

Stocks hang onto gains as rate cuts in focus

Global stocks on Friday mostly held onto gains made earlier this week on expectations of a cut to US interest rates.

UN expert urges protection for indigenous Botswana people

A United Nations human rights expert on Friday urged Botswana's government to grant constitutional recognition and stronger protections to indigenous communities, citing longstanding discrimination against the San people.

Russian central bank cuts interest rate as economy slows

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive.

Microsoft avoids EU antitrust fine with Teams commitments

The EU said Friday it had accepted Microsoft's commitment to more clearly separate the Teams communications app from its Office products -- sparing the US tech giant a hefty antitrust fine.

Stocks, dollar diverge with focus on rates

European stock markets mostly retreated Friday after gains among Asia's main indices, ahead of a likely cut to US interest rates next week.

The Japan Times - Economy (English)