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China probes state property firm execs for 'serious violations'
China probes state property firm execs for 'serious violations'
by  AFP

China has announced it is investigating several executives at state-owned property companies over allegations of "serious violations of discipline and law". All four were "suspected of serious violations of discipline and law", the notices said, providing few details.

Whistle blows in Germany for world's first hydrogen train fleet
Whistle blows in Germany for world's first hydrogen train fleet
by  AFP

Germany on Wednesday will inaugurate a railway line powered entirely by hydrogen, a "world first" and a major step forward for green train transport despite nagging supply challenges. Europe's enduring reliance on gas from Russia amid massive tensions over the Kremlin's invasion of Ukraine poses major challenges for the development of hydrogen in rail transport.

Asian markets drop as investors eye US Fed outlook
Asian markets drop as investors eye US Fed outlook
by  AFP

Asian markets were down on Wednesday after falls in global stocks as the euro plunged against the dollar and traders await news on the next US interest rate hikes. Higher interest rates boost the American currency as they make dollar-denominated debt more attractive to investors.

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