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TikTok dragged into US election as Trump opposes ban
In a major reversal, former US president Donald Trump on Monday said he was against a ban of TikTok as the fate of the popular video-sharing app was dragged into the US election campaign. The former US leader denied accusations that he changed his tune because a major investor in Bytedance, hedge funder Jeff Yass, is donating to his campaign.
Biden's 2025 budget plan highlights policy differences ahead of elections
President Joe Biden's ambitious 2025 budget proposal, published Monday, is almost certain to be dead on arrival in the sharply divided US Congress ahead of presidential elections later this year.
12 hospitalised after technical problem on Boeing-made LATAM flight
Twelve passengers were hospitalised Monday after a technical problem on a LATAM flight from Sydney to Auckland caused the Boeing-made plane to dip violently, the airline and first responders told AFP. At least one person was in serious condition after flight LA800 experienced an unspecified "technical event" over the Tasman Sea.
British trader on trial in Denmark for massive fraud
A British hedge fund trader accused of defrauding Danish tax authorities in a billion-dollar scam went on trial in Copenhagen on Monday, with the government hoping to recover the money in the blockbuster case. The case has been widely covered by the media in Denmark, where the state is hoping to recover its money.
Bitcoin zooms to record beyond $72,000
Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. Bitcoin won further support Monday after Britain's Financial Conduct Authority watchdog said it would join US regulators by allowing the creation of crypto-related securities.
European arms imports nearly double over Ukraine: study
Weapons imports to Europe nearly doubled over the past five years, partly due to the war in Ukraine, while exports from Russia halved, researchers said on Monday.
China caps key political meet with pledges to boost ailing economy
China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures. And housing minister Ni Hong added that fixing the property market -- which long accounted for around a quarter of China's economy -- remained "very difficult".
Most Asian markets fall after strong US data, eyes on inflation
Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week. Bitcoin fell slightly, having hit a fresh record high above $70,000 for the first time on Friday as demand picks up and traders grow optimistic about the prospect of interest rates coming down this year.
Proliferating 'news' sites spew AI-generated fake stories
A sensational story about the Israeli prime minister's "psychiatrist" exploded online, but it was AI-generated, originating on one of hundreds of websites researchers warn are churning out tech-enabled fiction masquerading as news.
AFP
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