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 […]
Year: 2026
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 […]
GAZA CITY: Israeli strikes on Gaza hit multiple residential buildings and killed at least 13 people, authorities said yesterday, despite Hamas saying it agreed to the latest stage of a deal to end the war. Hamas said Friday it had agreed to a plan championed by US President Donald Trump […]
WASHINGTON: US President Donald Trump said that new negotiations with Iran will begin today after he decided to hold off on striking the Islamic republic to pursue a deal to end the war entering its sixth month. Trump told reporters yesterday that the talks would cover the Strait of Hormuz […]
LIMA, Aug 3 — Peruvian authorities said yesterday they are investigating the crash of a small plane carrying tourists to view the famous Nazca Lines, which killed all 13 people on board. Seven Italians, two Germans and two Spaniards died, along with two Peruvian crew members, when their Cessna 208 […]