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Hong Kong, Shanghai rally on China optimism as Seoul rebounds
Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea's president.
President's push to scrap gold mining ban causes outcry in El Salvador
El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies that were barred seven years ago.
Murdoch loses 'Succession' battle for son's control of media empire: report
Rupert Murdoch's audacious bid to cement his eldest's son's control over one of the world's most influential media empires has failed, a US report said Monday. The complicated structure of the irrevocable trust reflects the colourful familial relationships that shaped Rupert Murdoch's life as he built the multibillion-dollar empire.
Connected, brainy, athletic: the suspect in US insurance CEO's slaying
The suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner.
Google announces quantum computing chip breakthrough
Google on Monday showed off a new quantum computing chip that it said was a major breakthrough that could bring practical quantum computing closer to reality.
OpenAI releases Sora AI video generator to public
OpenAI on Monday released the latest version of its highly anticipated Sora video generator to the public, stepping into an increasingly crowded field of AI tools that has raised concerns about disruption to creative industries.
Italian prosecutor says Meta owes more than 887 mn euros in VAT
A Milan prosecutor on Monday said that Meta, the parent company of Facebook and Instagram, owes more than 887 million euros in value added taxes on estimated revenue it generated in Italy between 2015 and 2021.
UK finance minister hails 'milestone' talks with EU counterparts
UK finance minister Rachel Reeves advocated Monday for "more normal trading relations" with the European Union, as she became the first British chancellor since Brexit to attend a meeting of eurozone counterparts.
China probes Nvidia for 'violating' anti-monopoly law
China on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance. The US government in 2023 restricted Nvidia from selling some of its top AI chips to China, which the US sees as a strategic competitor in the field of advanced semiconductors.
AFP
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