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Asian markets struggle as traders contemplate more rate hikes
Asian markets mostly fell Friday, winding back some of the previous day's rally, as traders come to terms with the likelihood that central banks will continue to raise interest rates to battle runaway inflation. "There are going to be headwinds for the markets until we get some resolution on how far the Fed is going to go and how long they're going to raise interest rates," he said.
'War minus shooting': partition created fierce cricket rivalry
When India and Pakistan were forged out of violent partition 75 years ago, the split also created one of sport's greatest rivalries. So strong is the rivalry between the countries that they can't even share the date of the partition which gave them independence, with Pakistan celebrating it on August 14 and India a day later.
India at 75: dreams of a Hindu nation leave minorities sleepless
The Hindu priest on the banks of the holy river Ganges spoke softly, but had a threatening message 75 years after the birth of independent India: his religion must be the heart of Indian identity. He was assassinated less than a year after India and Pakistan's independence and Partition in 1947, by a Hindu fanatic who considered him too tolerant towards Muslims.
Foster on ropes in South Africa as All Blacks seek end to dismal run
The New Zealand Herald has called embattled All Blacks coach Ian Foster "a decent man who is out of his depth in a brutal business" as he prepares for a Test that could seal his fate. Senior New Zealand Herald sport writer Chris Rattue has labelled Foster "among the worst All Blacks coaches in history".
Drought tightens its grip on Morocco
Mohamed gave up farming because of successive droughts that have hit his previously fertile but isolated village in Morocco and because he just couldn't bear it any longer. But it is not just his village that is suffering -- all of the North African country has been hit.
'Hopeless': Chinese homebuyers run out of patience with developers
Newly married and with his first child on the way, auto worker Wang wanted to move into the apartment he bought in Wuhan three years ago but those hopes were dashed by China's ballooning property crisis. "But no workers showed up."
Migrants to US turned into 'political pawns'
After leaving Venezuela and traveling 41 days north, Gustavo Mendez is now among the migrants arriving in New York on buses chartered by Republican leaders who are vying to make a political point on US immigration policy.
Removing 'camouflage,' Brazil football referee comes out
Growing up, he never liked football, but Igor Benevenuto played it anyway to avoid being teased with homophobic jokes -- something all too common in his hometown in southeastern Brazil. Benevenuto, 41, was already well-known in Brazil.
EV maker Rivian's losses nearly triple to $1.7 bn as production ramps
Electric automaker Rivian on Thursday said its losses had nearly tripled to $1.7 billion in the second quarter, but that it is on the road to meeting production goals. Rivian blamed its losses on investments in people and technology, along with auto production lines capable of cranking out lots of cars running at low capacity.
AFP
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