WASHINGTON (US): The US yesterday named the UK-based Palestine Action group, which has been banned by the British government, as a “terrorist” organisation, as the Trump administration intensifies its campaign against left-wing movements. Set up in 2020, Palestine Action is appealing against the UK government ban, which has led to […]
Year: 2026
HONG KONG: Technology stocks were back in the crosshairs of investors on Wednesday (Aug 19), taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reopen the Strait of Hormuz. The selloff tracked losses on Wall Street, where […]
The new tariffs would have affected about US$20 billion worth of Canadian imports. Businesses warned of job losses and disruption to vulnerable sectors including lumber, wine and dairy. WASHINGTON: United States President Donald Trump announced late on Tuesday (Aug 18) he was putting a three-day pause on new 50 per […]
TOKYO: Japan’s benchmark bond yield is on the brink of hitting 3 per cent for the first time since the mid-1990s, highlighting how inflation, rising fiscal concerns and monetary policy expectations are reshaping a market long defined by low interest rates. A 10-year Japanese government bond yield at 3 per […]
Meta said on Wednesday one of its AI models hacked another company during cybersecurity testing, fanning concerns about how developers can contain increasingly capable AI systems after similar incidents at rivals Anthropic and OpenAI. The incidents at Meta and Anthropic stemmed from configuration errors that inadvertently gave Anthropic’s models access […]
SEOUL: Police raided South Korea’s football association on Thursday (Aug 6) as part of an investigation into the appointment of the coach in charge during their dismal World Cup campaign. Police conducted “search and seizure operations” at the Korea Football Association (KFA) offices, probing allegations of “obstruction of business” in […]
TOKYO: Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to end the five-month war and reopen the Strait of Hormuz. Brent crude futures fell 37 cents, or 0.5 per cent, to $79.08 a barrel by 0024 […]
TOKYO: Japan has seen only moderate rises in consumer prices so far with the pass-through of higher costs from the Middle East conflict remaining limited, Economy Minister Minoru Kiuchi said on Tuesday, offering a sanguine view on inflationary risks. The assessment contrasts with that of the Bank of Japan, which […]
WASHINGTON: President Donald Trump’s former personal lawyer Todd Blanche appeared on track yesterday to become the next US attorney general after two Republican senators dropped their opposition to his nomination. Blanche’s Senate confirmation has been held up by concerns from senators John Cornyn and Thom Tillis over a US$1.8 billion […]
DOHA: Qatar, Egypt and Turkey, which are mediating the truce in Gaza, yesterday criticised Israel after renewed strikes in the Palestinian territory reportedly killed over 20 people. The trio said they strongly condemned what they said were “ongoing Israeli violations in the Gaza Strip, particularly the targeting of health facilities […]