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Asian markets sink on rate worries as US inflation surprises
Asian markets sink on rate worries as US inflation surprises
by  AFP

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
The Gen-Z students at the heart of Vietnam's chip plans
by  AFP

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
Patronage or conquest? Saudis move in on Egypt's culture
by  AFP

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.

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