Germany's coalition government on Wednesday allowed a Chinese firm to buy a reduced stake in a Hamburg port terminal, after Chancellor Olaf Scholz resisted calls to ban the controversial sale outright over security concerns.
The euro on Wednesday surged back above parity with the dollar, with the US currency sliding against its main rivals on concerns over the world's biggest economy.
International climate pledges remain far off track to limit temperature rises to 1.5 degrees Celsius, according to a UN report released Wednesday, less than two weeks ahead of high-stakes negotiations to tackle global warming.
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Politics
French President Emmanuel Macron will host German Chancellor Olaf Scholz for lunch Wednesday, with the leaders hoping to pare back differences on energy and defence and revitalise the European Union's key double act.
October 26, 2022
RECENT NEWS
Would-be crypto investors in Singapore could face risk tests
Economy
October 26, 2022
Asian stocks rose Wednesday to build on another strong performance in New York following more healthy earnings from big-name firms while hopes for a slowdown in Federal Reserve rate hikes spread cheer.
October 26, 2022
RECENT NEWS
Iranian mourners gathered Wednesday at the grave of Mahsa Amini to mark 40 days since her death, defying heightened security measures as part of a bloody crackdown on women-led protests.
October 26, 2022
Residents were too afraid to return to their homes as aftershocks rocked a blacked-out northern Philippines Wednesday, hours after a strong earthquake injured at least six people and damaged schools, churches and other buildings.
October 26, 2022
Bangladesh rescue workers found the bodies of four missing crew of a dredger boat, taking the death toll from Cyclone Sitrang to 28 as millions remained without power, officials said Wednesday.
October 26, 2022
Economy
Germany's biggest lender Deutsche Bank on Wednesday said its third-quarter net profit had risen more than five-fold year-on-year, far better than expected, as a restructuring programme bears fruit.
October 26, 2022
RECENT NEWS
Captain Andy Balbirnie smashed 62 to give Ireland a great start against England in the T20 World Cup at an overcast Melbourne Wednesday, but they were dragged back to 157 all out with Liam Livingstone and Mark Wood taking three wickets apiece.
Spanish banking giant Banco Santander on Wednesday announced an 11-percent increase in net profits year-on-year in the third quarter.
Residents of the Athens suburb of Glyfada who are struggling to heat their homes as energy prices soar now have an option -- free firewood from the local council.
China's fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax rebates to boost a cooling economy emptied government coffers.
October 26, 2022
Sports
Pakistan's Iftikhar Ahmed admitted on Wednesday his side were "heartbroken" and still hurting from their agonising opening defeat to arch-rivals India at the Twenty20 World Cup.
October 26, 2022
RECENT NEWS
The United States, Japan and South Korea warned Wednesday that a North Korean nuclear test would warrant an "unprecedentedly strong response", vowing unity after a blitz of missile launches from the hermit state.
Hong Kong authorities have arrested two men for laundering funds worth HK$3.5 billion ($446 million) by reselling precious metals, one of the city's largest money-laundering cases, officials said Wednesday.
Hackers accessed millions of medical records at one of Australia's largest private health insurers, the company said Wednesday, prompting the government to admit the nation's cyber safeguards were "inadequate".
Asian stocks rose Wednesday to build on another strong performance in New York following more healthy earnings from big-name firms while hopes for a slowdown in Federal Reserve rate hikes spread cheer.
October 26, 2022
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