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IN THE NEWS

European stock markets retreat as central banks hike rates

European stock markets retreat as central banks hike rates

European stock markets retreated Thursday as traders track more rate hikes from central banks aimed at cooling elevated inflation.

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First Olympic Esports Week kicks off

First Olympic Esports Week kicks off

The first-ever Olympic-organised Esports Week kicked off in Singapore on Thursday, but an IOC official said there is currently no plan to include video games in the Olympic program.

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Tank rounds and war trophies as Ukraine shows retaken villages

Tank rounds and war trophies as Ukraine shows retaken villages

Moments after Ukrainian soldiers in their nation's east noted a brief lull in fighting, a Russian tank round smashed into the ground nearby, sending a column of soil upwards.

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Senegal opposition leader launches French legal action against president

Senegal opposition leader launches French legal action against president

Senegalese opposition leader Ousmane Sonko has filed a criminal complaint in France for "crimes against humanity" against President Macky Sall, his lawyer said, as well as requesting a probe by the International Criminal Court (ICC).

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US rolls out red carpet to Modi with chips, jets investment

US rolls out red carpet to Modi with chips, jets investment

US President Joe Biden on Thursday rolled out the red carpet for Indian Prime Minister Narendra Modi with major deals on fighter-jet engines, semiconductors and space, as Washington bets big on New Delhi as a counterweight to China.

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Extreme heat brings hottest temperatures in years to northern China

Extreme heat brings hottest temperatures in years to northern China

Swathes of northern China sweltered in 40-degree heat on Thursday, weather data showed, as parts of Beijing and the nearby megacity of Tianjin recorded their highest temperatures for years.

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Paris climate summit opens with call for 'finance shock'

Paris climate summit opens with call for 'finance shock'

French President Emmanuel Macron told global leaders Thursday that no country should have to choose between tackling poverty and dealing with climate change at a summit tasked with reimagining the world's financial system.

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Markets track US losses with rates seen rising further

Markets track US losses with rates seen rising further

Markets in Asia and Europe fell on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation.

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UK's Wallace rules himself out of NATO job

UK's Wallace rules himself out of NATO job

British Defence Secretary Ben Wallace says he is out of the running to become NATO's next chief, as the alliance mulls extending Jens Stoltenberg in the role.

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Rescuers comb through rubble of Paris building blast

Rescuers comb through rubble of Paris building blast

French rescuers scoured the rubble for a missing person on Thursday, a day after a blast ripped through a building in central Paris, leaving four seriously injured.

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