Tag: Asia Economy
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Trump’s calls, Ukraine’s strikes and Russia’s barrage on Kyiv put markets on alert
Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyiv.
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Meta’s woes deepen in India as child abuse ads on Instagram draw government ire
U.S. social media giant Meta is facing an onslaught of regulatory scrutiny in India, which has the largest user base for Facebook, Instagram and WhatsApp.
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Nvidia’s next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
The reported delay adds to concerns that Nvidia’s breakneck annual release cadence is colliding with manufacturing limits.
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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
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Safe havens aren’t behaving like they used to. Here’s what’s changed
Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.
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Venezuela quake toll climbs to 2,595 as damage estimates mount after strongest tremor in a century
Death toll from twin earthquakes that struck Venezuela jumped to 2,595, as rescue operations continued after the country’s strongest tremors in over a century.
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Asia markets open mixed as chip slump weighs on sentiment: Live updates
Asia-Pacific markets traded mixed on Friday as investors continued rotating out of technology stocks, tracking declines in the U.S.
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Meta says WhatsApp usernames are safeguarded against scams after India flags cybersecurity risks
Meta has defended its WhatsApp username feature after the Indian government raised cybersecurity concerns.
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OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
Trump said in June that the U.S. taking an ownership stake in AI giants would be “a beautiful thing” and make American public “partners in this revolution.”
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Europe wants to rebalance trade with Beijing, but can’t quit Chinese air conditioners
An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
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