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Asian markets retreat further as US data fans rate hike fears
Asian investors took fright Thursday at a forecast-busting reading on the US services sector that revived speculation the Federal Reserve could lift interest rates again, compounding a spike in oil prices that has fanned fresh inflation fears.
Labour, infrastructure issues hold back surging Vietnam investment
President Joe Biden visits Hanoi Sunday to boost economic ties as Washington looks to move away from over-reliance on China, but a lack of highly skilled labour and infrastructure weaknesses mean Vietnam may struggle to replace its neighbour.
New York City cracks down on Airbnb, other short-term rentals
If you've been trying to book an apartment for a short vacation in New York in recent weeks, you may have been surprised at how little is available on platforms like Airbnb or VRBO. A city law went into effect this week that bans rentals for less than 30 days, leaving a good part of the 36,000 short-term tourist apartments in the city out of the rental game.
Self-driving car revolution is coming, but slowly
In Munich, where this week's IAA motor show is taking place, an interactive street survey elicits an overwhelming "yes" when asking passers-by if they would take a self-driving taxi from the station to the Oktoberfest beer festival.
Google to require political ads to disclose AI creations
Google on Wednesday said it will mandate that political advertisements on its platforms disclose when images and audio have been altered or created using tools such as artificial intelligence (AI).
Top US diplomat Blinken visits McDonald's in Kyiv
Top US diplomat Antony Blinken stopped at a McDonald's with his counterpart Dmytro Kuleba in Kyiv Wednesday, as part of a trip to shore up US support for Ukraine. Kuleba was heard thanking Blinken for "helping McDonald's back" to Ukraine, after several Western firms left in the wake of Russia's full-scale invasion last year.
Modern cars are a data privacy 'nightmare' says study
The world's most popular car brands are a data "privacy nightmare," collecting and selling personal information in an age when driving is going increasingly digital, a study showed on Wednesday.
UK reassures big tech over new encryption rules
The British government on Wednesday gave guarantees to instant messaging platforms over concerns that they could be forced to monitor encrypted messages for harmful content. Encryption is a feature of many instant messaging platforms but Parkinson said companies would not be forced into digital snooping of users.
Berlin-Paris night train to return after nine years
A night train linking Berlin and Paris will return in December, nine years after the service was cancelled, Austrian rail operator OeBB said Wednesday. The Austrian, French and German rail companies first announced plans to resurrect the service in December 2020.
AFP
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