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China's November imports, exports plunge owing to Covid rules
China's imports and exports plunged in November to levels not seen since early 2020, as strict Covid restrictions hit the economy hard, according to official figures released Wednesday. China's factory activity shrank for a second straight month in November, official data last week showed, as large swathes of the country were hit by lockdowns and transport disruptions.
As AI rises, lawmakers try to catch up
From "intelligent" vacuum cleaners and driverless cars to advanced techniques for diagnosing diseases, artificial intelligence has burrowed its way into every arena of modern life. Its promoters reckon it is revolutionising human experience, but critics stress that the technology risks putting machines in charge of life-changing decisions.
Falsehoods plague elections as voters tackle Trumpian tactics
From the United States to Brazil and Israel, a barrage of election-related misinformation hammered voters around the world in 2022, but many pushed back against the conspiracy-laden Trumpian tactic of sowing distrust in the democratic process.
Prime time or Netflix? Streaming wars come to Thailand
International streaming platforms were among the biggest pandemic winners, seeing subscriber numbers soar, but US giants have turned abroad as countries re-opened -- with Thailand firmly in their sights. "We do believe that Thailand will be a big part of our subscriber growth in the years to come," said Prime Video's director of international development Josh McIvor.
Asian equities, oil prices dragged by recession fears
Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. JPMorgan Chase chief Jamie Dimon tipped a "mild to hard recession" and Goldman Sachs' David Solomon said jobs and pay would be hit, while Morgan Stanley and Bank of America were also uneasy about the outlook.
Apple loosens tight grip on App Store pricing
Apple on Tuesday announced the biggest upgrade to the App Store pricing system since the launch of the shop, allowing developers to charge from 29 cents to $10,000 for their offerings. Under the updated pricing system, developers will be able to choose from 900 price points, which is nearly 10 times the number of pricing options previously available for app makers, Apple said.
Hungary scraps petrol price caps amid fuel shortage
Hungary on Tuesday abolished petrol price caps after a fuel shortage led to "panic buying" at petrol stations with Hungarian energy giant MOL blaming the price limits. The government-mandated price cap on vehicle fuel products has led foreign firms to cut fuel shipments to Hungary, according to the Association of Independent Petrol Stations.
Trump Organization convicted of tax fraud in New York
Donald Trump's family business was found guilty of tax fraud by a New York jury Tuesday, dealing a blow to the ex-president as he eyes the White House again. In all, they were found guilty on 17 counts.
'Avatar 2' gets world premiere in London
One of the most delayed sequels in blockbuster history finally hit the big screen on Tuesday as "Avatar: The Way of Water" got its much-anticipated world premiere in London. But Cameron added he was confident that the sequel to his 2009 blockbuster delivers.
AFP
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