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Asian markets mixed as rate cut bets are trimmed; US vote in focus
Asian markets mixed as rate cut bets are trimmed; US vote in focus
by  AFP

Asian equities diverged Wednesday after another unremarkable day on Wall Street, where rising bond yields and comments from Federal Reserve officials dampened expectations for US interest rate cuts. The Dow and S&P 500 both fell for a second straight day on Wall Street, having ended at fresh peaks Friday, though the Nasdaq ticked higher.

ABBA's Bjorn among 11,000 artists issuing AI warning
ABBA's Bjorn among 11,000 artists issuing AI warning
by  AFP

Thousands of artists including ABBA singer Bjorn Ulvaeus, Hollywood actress Julianne Moore and Nobel laureate Kazuo Ishiguro have signed a statement warning about the unlicensed use of artificial intelligence.

US regulator finalizes air taxi rules
US regulator finalizes air taxi rules
by  AFP

US regulators on Tuesday finalized regulations for "powered lift" vehicles, opening the door for commercial air taxis. "The rule is the final piece in the puzzle for safely introducing these aircraft in the near term," the regulator said, adding that "the opportunities for the use of powered lift operations are far-reaching."

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