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'One China': Beijing's diplomatic push to isolate Taiwan

'One China': Beijing's diplomatic push to isolate Taiwan

Honduras has decided to switch diplomatic recognition from Taiwan to China, describing it as an economic necessity.

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Embattled Credit Suisse shares rebound after $54 billion lifeline

Embattled Credit Suisse shares rebound after $54 billion lifeline

Credit Suisse shares surged more than 30 percent Thursday after announcing it would borrow up to $53.7 billion from the Swiss central bank following a market drubbing over fears of a global banking crisis.

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Indonesia policeman jailed over football stadium crush

Indonesia policeman jailed over football stadium crush

An Indonesian court jailed a policeman for 18 months on Thursday over negligence contributing to one of the worst stadium disasters in the history of football but victims' families criticised the trial as two other officers walked free.

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Asian markets sink but Europe rallies on Credit Suisse loan hope

Asian markets sink but Europe rallies on Credit Suisse loan hope

Asian markets slid Thursday with contagion fears hitting banks but European equities rallied after troubled banking giant Credit Suisse said it had taken a huge loan from the Swiss central bank.

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Embattled Credit Suisse takes $54 billion lifeline

Embattled Credit Suisse takes $54 billion lifeline

Credit Suisse announced Thursday that it would borrow up to $53.7 billion from the Swiss central bank as it seeks to calm markets after its shares sank over fears of a global banking crisis.

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Baidu shares fall after disappointing AI chatbot debut

Baidu shares fall after disappointing AI chatbot debut

Chinese search engine company Baidu's shares fell as much as 10 percent on Thursday after the company unveiled its ChatGPT-like AI software, with investors unimpressed by the bot's display of linguistic and maths skills.

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French brewery attack flags Russia's tussle for influence in Africa

French brewery attack flags Russia's tussle for influence in Africa

On a night in early March, arsonists attacked a brewery owned by the French drinks giant Castel in Bangui, the capital of the Central African Republic.

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US candidate for UN migration chief vows 'new vision'

US candidate for UN migration chief vows 'new vision'

The International Organization for Migration has an antiquated way of approaching its mission and desperately needs renewal, the UN agency's second-in-command with designs on the top job told AFP.

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Sweden rediscovers poverty as inflation soars

Sweden rediscovers poverty as inflation soars

It's not yet 6 am and dozens of homeless people are already queuing outside Stockholm's central station for breakfast, their numbers bigger than ever, charities say.

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EU to unveil green tech plans to take on US, China

EU to unveil green tech plans to take on US, China

The EU will reveal hotly debated proposals on Thursday to boost spending on clean tech, possibly overcoming internal divisions to include nuclear energy in the mix, to confront growing industrial competition from the United States and China.

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