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A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.
EU leaders will gather in Brussels Thursday to discuss calls to formally grant war-torn Ukraine "candidate status" to join the bloc, as Russian forces slowly advance in the eastern Donbas region despite fierce resistance from Kyiv's military.
Record floods were expected in parts of southern China Thursday as heavy rains pushed water levels in the Pearl River delta to their highest in almost a century. China's ministry of water resources on Wednesday placed its highest flood alert on the Pearl River basin, saying water levels at one location "surpassed historical records" and that the provincial capital Guangzhou would be impacted.
Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.
Voters head to the polls on Thursday in two closely watched UK by-elections that risk renewing pressure on beleaguered Prime Minister Boris Johnson following months of scandals and setbacks. The votes come just weeks after Johnson narrowly survived an attempt by his own lawmakers to oust him as party leader and prime minister.
Workers at Chile's state mining company Codelco, the largest producer of copper in the world, launched an open- ended strike Wednesday to protest the closure of a foundry in one of the country's most polluted regions.
When Saudi doctor Safi took a new job at a hospital in the capital, she decided to offset her standard white lab coat with a look she once would have considered dramatic.
Rescuers battled against the clock Thursday in the rains to pull survivors from rubbles after a powerful quake in Afghanistan killed at least 1,000 people.
Leader of the free world sounds like a superhero character, but the Joe Biden heading this week to twin European summits is in reality a politically fragile president tasked, somehow, with resolving an unenviable string of diplomatic problems. Biden arrives Saturday in Germany for the G7 summit of major Western powers, followed next week by the NATO military alliance summit in Madrid.
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