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Stocks firm, dollar drops at end of rocky week
Major stock markets mostly firmed and the dollar slid Friday following volatility this week triggered by concerns over high US debt.
Stocks bounce after Treasury-led sell-off
Equities mostly rose Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.
Stocks mixed after Treasury-led sell-off
Equities were mixed Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.
British king to visit Ottawa amid Trump-Canada tension
Britain's King Charles III will travel to Canada early next week for a brief but "impactful" visit, at a time when President Donald Trump is floating the idea of making his northern neighbour the 51st US state.
Thai athlete, 105, unrivalled but not lonely at World Masters Games
Sawang Janpram is in a league of his own at the World Masters Games in Taiwan -- at 105 he is the oldest competitor and the only person in his age group.
Japan core inflation tops forecasts as rice prices almost double
Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.
Japan PM presses Trump on tariffs ahead of new talks
Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.
Trump attends memecoin gala as protesters slam 'crypto corruption'
US President Donald Trump hosted a closed-door dinner for hundreds of top investors in his crypto memecoin Thursday, as sign-holding protesters outside and Democratic opponents decried the event as blatant "corruption."
Colombian VP accuses government of 'racism, patriarchy'
Colombia's leftist government was plunged into fresh crisis Thursday after the country's first black vice president described the administration as racist and patriarchal.
Anthropic touts improved Claude AI models
Anthropic unveiled its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set new standards for reasoning, coding, and digital agent capabilities.
G7 finance talks end in show of unity despite tariff turmoil
G7 finance ministers wrapped up talks in western Canada on Thursday with a show of unity, saying the economic policy uncertainty that has swept the globe was easing and vowing further progress towards stability.
G7 finance chiefs push for consensus despite Trump tariffs
G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.
Xiaomi launches new advanced in-house mobile chip
Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.
Stocks, oil prices retreat on US debt worries
Equities and oil prices slid Thursday on concerns over the US economy as President Donald Trump tries to push through fresh tax cuts that risks sending the country's deficit ballooning further.
Japan shows off futuristic 'railgun' at defence expo
As Japan's biggest defence exhibition kicked off this week, visitors got a close-up look at a model of its futuristic "railgun" that its makers hope will be able to shoot down hypersonic missiles.
Norway film starring Elle Fanning gets 19-minute Cannes ovation
Director Joachim Trier found himself crying behind the camera as he shot "Sentimental Value", his moving new tale about a quietly fractured family that got an extraordinary 19-minute standing ovation Thursday at the end of its premiere at the Cannes film festival.
Ads pressured to evolve as AI changes Google search
As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine.
German far-right voters don't deserve empathy, says director Akin
Director Fatih Akin's new movie at the Cannes film festival is about a boy learning to love his Nazi-supporting parents.
EU ready to tax Russian fertilisers as early as July
EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring.
Trier weaves his Cannes magic again with family affair
Joachim Trier found himself crying behind the camera as he shot "Sentimental Value", his moving new tale about a quietly fractured family that got a 15-minute standing ovation at the end of its Wednesday premiere at the Cannes film festival.
G7 finance chiefs seek unity as Canada talks near end
Talks among G7 finance ministers faced challenges Wednesday as the group worked to overcome divides on thorny issues like the impact of US President Donald Trump's tariffs and support for Ukraine.
Trump says mulling privatizing Fannie Mae and Freddie Mac
President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis.
G7 finance chiefs begin talks under strain of Trump tariffs
G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.
Bitcoin hits record high amid optimism over US legislation
Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States.
Dollar, US bonds under pressure as Trump pushes tax bill
A bond sell-off and declining dollar signalled investor unease Wednesday as Washington lawmakers contemplated a tax-cut bill that could push up the US deficit.
Third time lucky? South Africa presents revised budget
South Africa's finance minister presented Wednesday a third version of the 2025 budget after being forced to backtrack on a proposed increase in value-added tax that threatened to split the coalition government.
Dollar, US bonds under pressure amid global tensions and Trump tax bill
A bond sell-off and declining dollar signalled investor unease Wednesday as Washington lawmakers contemplated a tax-cut bill that could push up the US deficit.
Israeli 'warning' fire at diplomats sparks outcry amid Gaza pressure
Israeli troops fired warning shots during foreign diplomats' visit to the occupied West Bank on Wednesday, the military said, drawing condemnation as pressure mounted on Israel to allow aid into war-battered Gaza.
Trump Organization breaks ground on $1.5-bn Vietnam project
Eric Trump attended a groundbreaking ceremony in Vietnam Wednesday for a $1.5-billion luxury resort and golf course due to be developed by his father US President Donald Trump's real estate group.
Bloomberg financial markets data service hit by outage
Bloomberg, the financial data service used by traders around the world, was hit by an outage on Wednesday, briefly disrupting an auction of UK government debt.
EU plans to slash red tape for medium-sized companies
The EU unveiled plans Wednesday to cut red tape for medium-sized companies and abolish barriers for businesses to sell goods across the bloc as part of its efforts to catch up with China and the United States.
China's Baidu posts rise in Q1 revenue as seeks to grow AI presence
Chinese internet giant Baidu on Wednesday posted a quarterly revenue increase of three percent, as the firm seeks to grow its presence in artificial intelligence and expand its robotaxi business abroad.