Speculation over Nintendo’s new console, a successor to the wildly popular Switch, reached a fever pitch Thursday with specialist media predicting an imminent announcement from the Japanese gaming giant.The Eurogamer website said it had heard “industry whispers” that the new gadget would be unveiled Thursday, the same date leaked by an influential podcaster.A reporter from …
Nintendo rumour mill in overdrive over new Switch Read More »
Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.Strong earnings from Wall Street banking titans and a ceasefire deal between Israel and Hamas added to the optimistic mood on trading floors.Still, there remains a certain amount …
Asian stocks follow Wall St higher on welcome US inflation data Read More »
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.Wall Street’s three main indexes closed sharply higher after US financial titans Goldman Sachs, JPMorgan Chase, BlackRock and others posted stellar quarterly results.Fresh data published earlier Wednesday showed headline inflation in the Untied States accelerated …
Stock markets get boost from bank earnings, inflation data Read More »
Rapper Drake on Wednesday filed suit against his own label, saying Universal Music Group’s release and promotion of a Kendrick Lamar track dissing him amounted to defamation and harassment.UMG — which is behind both Drake and Lamar — adamantly denied the accusations, saying “the notion that we would seek to harm the reputation of any …
Drake files defamation suit against Universal over Kendrick Lamar track Read More »
The United States unveiled further export controls Wednesday on advanced computing semiconductors, increasing due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.The move — part of a series of actions before President Joe Biden leaves office — comes days after US officials announced fresh curbs on AI …
US tightens controls on advanced chips to curb flow to China Read More »
TikTok faces an imminent shutdown in the United States after Congress passed a law last year forcing its Chinese owner ByteDance to either sell the platform or close it on Sunday.The US Supreme Court is expected to rule this week on TikTok’s challenge to the law.Following a hearing last Friday, expectations are high that the …
From ban to buyout: What next for TikTok in the US? Read More »
Social media giant TikTok plans to completely shut down its operations in the United States this Sunday if a ban ordered by legislators goes through as planned, a report said.The platform, which counts over 170 million American users, will implement an immediate blackout rather than allowing existing users continued access as had been expected, according …
TikTok plans total US shutdown as ban deadline looms: report Read More »
European stock markets rose Wednesday as traders focused on inflation data in Britain and the United States.London led the way in Europe as official figures showed an unexpected dip to UK annual inflation, easing some pressure on the Labour government as it struggles with growing the economy.The pound steadied versus the dollar and euro, with …
European stocks climb as inflation takes centre stage Read More »
After travelling to Tokyo for meetings, Yoshiki Kojima’s IT company employees crash out in a capsule hotel, as a tourism boom makes regular rooms too pricey for business trips.A weak yen is attracting more visitors than ever to Japan, with national tourism figures released Wednesday showing a new record of an estimated 36.8 million arrivals …
Japan’s tourism boom prices out business travellers Read More »
Beijing on Wednesday said it “firmly opposes” a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were “without any factual basis”.”Such actions disrupt economic and commercial cooperation between enterprises… and represent typical protectionism and economic coercion,” foreign ministry spokesman Guo Jiakun said, adding: …
Beijing ‘firmly opposes’ US ban on smart cars with Chinese tech Read More »
