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(MENAFN - AFP) South Korea on Wednesday unveiled a stimulus package, including an extra six trillion won ($4.94 billion) in public spending, to bolster an economy struggling with falling exports and high youth unemployment.

The package, announced by the finance ministry, came as Asia's fourth-largest economy in Asia saw its exports plunge 18.5 percent on-year in January -- ...

 
(MENAFN - AFP) Shares in insurance group AIA plunged nearly nine percent in early Hong Kong trade Wednesday after a report said China would clamp down on the purchase of overseas cover.

Beijing wants to close a loophole in its capital controls aimed at stemming the outflow of its depreciating yuan currency, as the economy logs its slowest growth in 25 years.

China limits ...

 
(MENAFN - AFP) Electric mopeds will be available for hire around Paris from this summer following an "encouraging" trial of the public scheme, the mayor's office announced Tuesday.

The service will see 1,000 scooters gradually deployed around the French capital, available to anyone aged over 20 with a moped licence.

The electric bikes, equivalent to mopeds with 50cc ...

 
(MENAFN - AFP) By declaring a surge of microcephaly cases in Latin America to be a "public health emergency of international concern", the World Health Organization has sought to boost research into a little-understood condition.

There have been three previous such declarations in the UN agency's history: for polio, the H1N1 "swine" flu epidemic, and most recently, West ...

 
(MENAFN - AFP) Whether you are a night owl or an early bird, don't bother fighting the impulse because it's probably in your genes, a study suggested Tuesday.

Scientists have long known that all plants and animals -- from lowly phytoplankton to homo sapiens -- have internal biological clocks attuned to a 24-hour cycle.

But within this so-called circadian rhythm, individuals ...

 
(MENAFN - AFP) Germany will soon require all clients of prostitutes to use condoms, according to a draft law approved by the government Tuesday.

The new rule, which will enter in force in July 2017 if it secures parliamentary backing, is part of a package of measures aimed at offering greater protection to sex workers.

Among other measures agreed under the package are ...

 
(MENAFN - AFP) Texas reported a case of the Zika virus being sexually transmitted, fueling fears over the rapid spread of the disease blamed for a surge in the number of brain-damaged babies.

With concern growing that an outbreak sweeping Latin America could spread much farther, health authorities in the southern US state said they had confirmation of the virus being transmitted ...

 
(MENAFN - AFP) The EU wants to examine the contracts which Gazprom has signed with European companies, amid suspicions that the Russian state energy giant has imposed unfair prices which breach the bloc's trading rules, a German newspaper reported.

Contacted on the story in Wednesday's edition of the Frankfurter Allgemeine Zeitung (FAZ) daily, which cites an internal EU document, ...

 
(MENAFN - AFP) Yahoo on Tuesday said it is cutting 15 percent of its workforce and narrowing its focus as it explores "strategic alternatives" for the future of the faded Internet star.

The announcement, coming with the release of a big quarterly loss, offered the first sign that Yahoo may be open to a sale or merger after years of struggling to regain its former glory.

The ...

 
(MENAFN - AFP) Quebec taxi drivers went to court Tuesday seeking a permanent injunction banning Uber in the Canadian province, in just the latest legal challenge against the ride-sharing app in several countries.

The union representing 4,000 taxi drivers in Quebec says Uber is illegal and wants it shut down locally and is also considering launching a class-action lawsuit ...

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