AFP

European markets rise ahead of Ukraine war talks

European markets rose on Monday as defence stocks surged ahead of a meeting between European leaders to address Washington’s sudden policy shift on the war in Ukraine.US President Donald Trump sidelined Kyiv and its European backers last week by calling his Russian counterpart Vladimir Putin to discuss beginning negotiations to end the conflict.With fears that …

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WHO chief urges pandemic accord action after US withdrawal

The head of the World Health Organization insisted on Monday it was “now or never” to strike a landmark global accord on tackling future pandemics, after the United States withdrew from negotiations.WHO director-general Tedros Adhanom Ghebreyesus said no country could protect itself from the next pandemic on its own — three days after US President …

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‘Now or never’ for pandemic accord, says WHO chief after US pulls out

The head of the World Health Organization insisted on Monday it was “now or never” to strike a landmark global accord on tackling future pandemics, despite the United States withdrawing from negotiations.WHO director-general Tedros Adhanom Ghebreyesus said no country could protect itself from the next pandemic on its own — three days after US President …

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Sri Lanka budget banks on car taxes to boost coffers

Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation’s battered economy, leftist President Anura Kumara Dissanayake’s maiden budget showed on Monday.Vehicle imports were banned in 2020 to save foreign exchange but the move deprived authorities of a lucrative revenue stream, as cars were taxed at about 300 percent. Dissanayake …

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DeepSeek removed from South Korea app stores pending privacy review

Chinese AI app DeepSeek will not be available to download in South Korea pending a review of its handling of user data, Seoul authorities said Monday.DeepSeek’s R1 chatbot stunned investors and industry insiders with its ability to match the functions of its Western competitors at a fraction of the cost.But a number of countries have …

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Japan 2024 growth slows despite stronger fourth quarter

Japan’s economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.The figures come as Japanese companies fret over the impact of US President Donald Trump’s protectionist trade policies, including import tariffs, on the world’s fourth largest economy.Gross domestic product expanded 0.1 percent in 2024, well down …

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Chinese cheer animated blockbuster’s release abroad

Chinese fans of blockbuster film “Ne Zha 2” packed into cinemas in Beijing on Sunday, snapping selfies and queueing up for movie posters and other merchandise.The animated film, now China’s highest-grossing movie of all time, was released overseas last week, sparking hopes among locals that it would gain the same acclaim abroad.The movie has broken …

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