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Oil prices rise to six-week high as US-Iran tensions escalate
Oil prices rose more than 1.5 per cent to their highest in more than six weeks on Thursday (Jul 23), with the United States launching a new round of strikes on Iran and Yemen’s Houthis targeting oil tankers in the Red Sea. Brent crude futures rose US$1.93, or 2 per cent, to US$96 by 12.11am…
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US-Iran tensions underpin dollar as yen nears 40-year low
TOKYO, July 23 : The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen languished near a 40-year low with little sign of a turnaround.The dollar index, which measures the greenback against a basket of cu
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Pichai pushes back on claims Google is losing ground in AI race
July 22 : Alphabet CEO Sundar Pichai used Wednesday’s earnings call to mount a robust defence of Google’s AI strategy, pushing back on concerns that the company has fallen behind rivals after delaying a flagship model and ceding ground in AI coding.Investors have become increasingly uneasy over Google delayin
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Tesla shares fall as Musk touts ambitious – and costly – plans
Tesla reported second-quarter profits of US$1.1 billion, down about 5 per cent from the year-ago level.
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Indian opposition disrupts parliament to support student protesters and pressure Modi
NEW DELHI: Indian opposition lawmakers disrupted parliament on Wednesday (Jul 22) in support of student protesters, echoing their calls for the education minister to resign over exam leaks and ratcheting up pressure o
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CNBC Daily Open: Trump ratchets up war rhetoric, Houthis target Red Sea
U.S. President Donald Trump escalated threats against Iran, saying he would bomb power plants and bridges in the country.
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China’s Moonshot AI stole from Anthropic, Trump tech adviser says
The allegations come as Chinese AI companies are facing increased US government scrutiny.
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ServiceNow buys 5% of BusinessNext, values Indian software firm at $700 million
July 22 : ServiceNow has acquired roughly 5 per cent of BusinessNext in a deal that values the software provider at $700 million, as the Indian company looks to expand its autonomous banking tools through a partnership with the U.S.-based software giant.BusinessNext said on Wednesday it raised $40 million in
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South Korea economy expands 0.6% q/q in Q2, better than expected
SEOUL, July 23 : South Korea’s economy grew faster than market expectations in the second quarter, driven by a semiconductor export boom that offset a decline in construction investment, advanced estimates from the Bank of Korea showed on Thursday. Gross domestic product expanded 0.6 per cent in the April-Jun
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Why Bandung is the world’s best-kept secret for handmade boots – and the brands to know
Plus, a beginner’s guide to choosing the right pair of Bandung-made boots.
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