Tag: United States
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Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks extended their selloff on Wednesday, with semiconductor names leading declines after another weak session in the U.S.
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US, Saudi forces strike Iran-backed ‘terrorists’ in Iraq: US military
WASHINGTON: US and Saudi warplanes carried out strikes on Tuesday (Jul 28) against Iran-backed militants in Iraq who launched more than two dozen drone attacks in recent days, the US military said.The strikes targeted “Iran-aligned terrorists that the Islamic Revolutionary Guard Corps (IRGC) directed to attac
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US Fed expected to hold rates steady as inflation hawks circle
WASHINGTON: The US Federal Reserve is expected to hold interest rates steady on Wednesday (Jul 29), but with surging inflation fuelled by President Donald Trump’s war on Iran, analysts say some policymakers will dissent in favour of a rate hike.After two days of closed-door sessions, the Fed’s open market com
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Oil jumps as U.S.-Iran resume strikes after a brief pause
Oil rose sharply amid renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles.
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US military says intercepted missiles launched by Iran
WASHINGTON: The US military said Tuesday (Jul 28) it had intercepted multiple missiles launched by Iran, ending a days-long respite in attacks between the foes.”At 5.45pm ET today, Islamic Revolutionary Guard Corps forces launched multiple ballistic missiles from Iran in an attempted surprise attack on US for
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Iran launches surprise ballistic missile attack on U.S. forces in the Middle East
Centcom in a post on X said that the attack originated from Iran, but all missiles were intercepted.
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Netanyahu holds first White House talks with Trump since Iran war began
WASHINGTON: Prime Minister Benjamin Netanyahu visited the White House Tuesday (Jul 28) for his first in-person talks with President Donald Trump since the Iran war began, with the Israeli leader saying they discussed ensuring Tehran does not acquire nuclear arms.The closed-door talks – which the White House d
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Commentary: Panic over Moonshot’s Kimi K3 is a sputnik moment for ‘open’ AI
As reports began swirling that the US was considering a crackdown on Chinese AI models, Silicon Valley revolted. This marks a significant shift, says Catherine Thorbecke for Bloomberg Opinion.
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Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz
The proposal aims to restore trade disrupted by the US-Israeli war with Iran and comes amid a pause in fighting between the sides.
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Before funeral, US lawmakers recall Lindsey Graham as persuasive, funny and hawkish
US President Donald Trump and world leaders, including Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskyy, were expected to attend his funeral later on Tuesday.
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