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Electric vehicle prowess helps China's flying car sector take off
Electric vehicle prowess helps China's flying car sector take off

A worker in white gloves inspects the propellers of a boxy two-seater aircraft fresh off the assembly line at a Chinese factory trialling the mass production of flying cars. The lightweight six-propeller aircraft under construction take off vertically and fit into a large car, to create the "Land Aircraft Carrier" -- a modular flying vehicle made by Aridge, an arm of Chinese EV maker XPeng.

by  AFP

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WTO fishing deal: the net results
WTO fishing deal: the net results
by  AFP

The World Trade Organization's agreement on fisheries subsidies -- its first environmentally focused accord -- enters into force on Monday after years of thorny negotiations at a time of heightened international trade tensions.

Asian markets fluctuate ahead of expected US rate cut
Asian markets fluctuate ahead of expected US rate cut
by  AFP

Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate reductions.

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

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. Top leaders from both countries will also discuss their dispute over the TikTok social media platform during the meetings in Madrid.

Lab-grown diamonds robbing southern Africa of riches
Lab-grown diamonds robbing southern Africa of riches
by  AFP

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. Just steps away, a lab-grown diamond valued at $115 was unguarded.

US Fed poised for first rate cut of 2025 as political tension mounts
US Fed poised for first rate cut of 2025 as political tension mounts
by  AFP

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering. Analysts now broadly expect a 25 basis points rate cut at the end of its two-day meeting on Wednesday, as hiring slows.