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German arms maker Rheinmetall signs 5.7 bn euro deal with Romania
German defence giant Rheinmetall said Tuesday it has signed a 5.7-billion-euro ($6.6-billion) deal to supply the Romanian armed forces, in the company's biggest international contract in recent times.
Oil steady, stocks mixed with all eyes on Mideast war prospects
Oil prices wavered and stocks were mixed on Tuesday as investors weighed the chances for a peace agreement between the US and Iran, after AI enthusiasm again sent tech stocks soaring.
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OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.
Chilli price drives Indonesia's monthly inflation
Monthly inflation in Indonesia doubled in May, driven by food prices and particularly chilli in the hot sauce-addicted country, the BPS statistics agency said Tuesday.
Oil falls, stocks rise as traders bet on Mideast progress
Oil prices retreated and stock markets largely gained Tuesday as investors assessed the chances of a Middle East peace agreement, with tech shares enjoying another strong showing thanks to AI enthusiasm.
Most stocks rise, oil drops as traders assess outlook for Mideast deal
Equities mostly rose and oil fell Tuesday as investors assessed the chances of a Middle East peace agreement, while tech firms enjoyed another strong day as the AI bandwagon sped on.
Most stocks rise as traders assess outlook for Mideast deal
Equities mostly rose Tuesday as investors assessed the chances of a Middle East peace agreement, though Donald Trump and Israel's Benjamin Netanyahu mixed signals over ending Israel's attacks in Lebanon caused uncertainty.
Pay workers 'as much as possible', Nvidia's Huang says
Companies should pay workers "as much as possible", Nvidia boss Jensen Huang said Tuesday ahead of a trip to South Korea, where Samsung Electronics recently averted a strike by making an agreement on bonuses with its union.
Fears of hunger overwhelm Guatemalan village as El Nino approaches
While drought expands through Cunen as the specter of El Nino climate instability approaches, one fear has seized this indigenous Guatemalan village: death by hunger.
Asian stocks swing on mixed signals over Middle East
Equities fluctuated Tuesday as investors assessed the likelihood of a Middle East peace agreement as US-Iran talks stuttered, while Donald Trump and Israel's Benjamin Netanyahu gave mixed signals over ending Israel's attacks in Lebanon.
Bollywood divided over bid to cap punishing work hours
Bollywood's long-entrenched culture of gruelling work schedules is facing rare scrutiny, as top actors and filmmakers clash over calls to cap shooting days at eight hours.
Hanoi curbs kerb culture as city clamps down on pavement vendors
The pavements of Hanoi's wide boulevards and narrow lanes have long been clogged with bustling food stalls, weaving scooters, and crowds of coffee and beer drinkers sitting on low plastic stools.
Australia says wheat crop set to plunge
Australia's wheat crop is set to fall by more than a quarter this season, a government report said Tuesday, as farmers face dry conditions and a surge in fuel and fertiliser prices fed by conflict in the Middle East.
AI giant Anthropic confidentially files for IPO
AI giant Anthropic, the maker of the Claude chatbot, announced Monday that it had filed confidentially for an initial public offering (IPO), as Silicon Valley AI companies look to raise the enormous sums needed to fuel the sector's rapid expansion.
New York Times publisher slams AI companies' 'brazen theft' from news outlets
The New York Times publisher on Monday slammed artificial intelligence companies for "brazen theft of intellectual property", warning they threaten the future of journalism during a speech at the World News Media Congress in the French city of Marseille.
'We need to act now': Race to develop Ebola vaccine heats up
Several non-profit organisations announced Monday they are ramping up efforts to rapidly develop a vaccine for the rare strain of Ebola driving a deadly outbreak in the Democratic Republic of Congo.
Oil prices jump as Iran suspends peace talks
Oil prices jumped and equities slid on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the Unites States.
'Stop killing women': Kenyans protest femicide scourge
Hundreds of protesters marched through Kenya's capital on Monday against the high number of killings of women and children.
Oil prices jump as US-Iran talks stall
Oil prices jumped and equity markets diverged Monday as Middle East peace talks stalled and investors continued to pour into AI-linked stocks.
Macron announces 93 bn euros in 'Choose France' investments
President Emmanuel Macron said he was expecting "record" foreign investment amounting to 93 billion euros ($108 billion) at an international conference Monday, including for artificial intelligence and data centres.
France seizes Russia-linked oil tanker with ties to Iranian magnate
France said on Monday it had detained a Russia-linked oil tanker in the Atlantic over the weekend, with the Kremlin comparing the latest seizure aimed at tackling Moscow's sanctions-busting shadow fleet to "piracy".
Australia economy minister says 'legitimate' fears driving rise of far-right
Australia's economy minister said Monday that "legitimate" concerns were driving a rise in support for the far right after a bombshell opinion poll showed the populist One Nation is now the country's most popular party.
In Finland, radioactive spent nuclear fuel soon to be buried underground
The elevator display reads "433", the number of metres below ground. The doors slide open, revealing the entrance to what is expected to be the world's first permanent repository for radioactive spent nuclear fuel.
Asian equities ahead, oil rises as uncertainty surrounds US-Iran talks
Oil rose while Asian equities firmed Monday as a surge in artificial intelligence-linked stocks helped offset uncertainty over US-Iran talks.
'AI simply can't replicate it': Japan embraces zine trend
Through the noise of rushing papers and whirring belts at a print factory in Kyoto, two creators watch their photo essay come to life in broadsheet form -- part of an effort to win new audiences in the age of AI.
Outgoing chair Powell delivers defense of Fed independence
Outgoing US Federal Reserve chair Jerome Powell on Sunday delivered a staunch defense of the need for the central bank to maintain independence and credibility, as it comes under assault from President Donald Trump.
Singer Dua Lipa marries actor Callum Turner: media
Pop star Dua Lipa and "Fantastic Beasts" actor Callum Turner married in London on Sunday, according to media reports, which said the low-key nuptials may be followed by a three-day party in Sicily.
Energy crunch fuels car pool growth
Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel.
Mining turns India's heat-shield hills to dust
Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New Delhi relies on for protection from furnace-hot desert winds.
After the AI binge, companies balk at soaring bills
Artificial intelligence is getting expensive -- and companies are starting to rethink their embrace of the disruptive technology.
Hungary to reform public media after long pro-Orban bias
Fired in 2011 from Hungarian state media forprotesting government meddling in news programmes, Aranka Szavuly is eager to return to work as a journalist, but says significant reforms are needed after 16 years of nationalist Viktor Orban's rule.