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Missile hits ship off Yemen as rebels threaten wider campaign
A missile strike damaged a merchant ship in the Red Sea off Yemen, marine security monitors said Friday, as the country's Iran-backed Huthi rebels threatened to expand their months-long harassment campaign which has disrupted global trade.
Eyes on Bank of Japan as unions announce wage hikes
The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy. Its announcement will be closely watched by economists looking for signs that the Bank of Japan could soon scale back its long-standing monetary easing policies.
El Salvador stashes $406 million in bitcoin in 'cold wallet': Bukele
El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs. The cold wallet protects cryptocurrency investments by keeping them offline to prevent hacking attacks.
US ambassador says Beijing stance on TikTok ban 'supremely ironic'
The US ambassador to China said Friday that Beijing's position on a potential TikTok ban in the United States was "supremely ironic" given the ruling Communist Party's censorship of online platforms within its borders.
Netherlands to select future attack submarines
The Netherlands was set to announce Friday who it has chosen for a multi-billion-euro contract to build four submarines for its navy, with a consortium headed by France's Naval Group favoured over German and Swedish rivals. The contract would be worth between 4 billion and 6 billion euros ($4.4-6.5 billion), according to newspaper De Telegraaf.
Cancer patients in the Philippines falling for alternative 'cures'
Filipino single mother Mary Ann Eduarte delayed chemotherapy for her breast cancer for several years and instead took food supplements falsely promoted on social media as cures for the deadly disease. Eduarte is one of many Filipinos duped by medical misinformation flooding the social media platforms where they rank among the world's heaviest users.
Asian markets sink on rate worries as US inflation surprises
Asian markets sank in line with Wall Street on Friday after a sharper-than-expected jump in US wholesale prices dealt a blow to hopes for interest rate cuts. The bank's dot plot estimates for rates through the rest of the year will also be closely examined, with markets pricing in three cuts -- in line with policymakers' most recent forecasts.
The Gen-Z students at the heart of Vietnam's chip plans
Nguyen Phuong Linh is among a crop of young electronics students crucial to Vietnam's ambitions to become a chips hub. Vietnam is currently producing just 500 qualified engineers per year, according to Nguyen Duc Minh, a professor of integrated circuit (IC) design who teaches Linh.
Patronage or conquest? Saudis move in on Egypt's culture
Saudi largesse is flooding Egypt's cultural scene, but the reception is mixed. Last month, the first "Saudi-Egyptian Night" -- a musical event at the Cairo Opera House -- caused a stir among Egypt's cultural critics.
AFP
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