AFP

Asian equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries’ efforts to strike trade deals with the United States before a key deadline next week.And the dollar weakened on growing expectations for more interest rate cuts, while eyes were on Donald Trump’s signature tax-cutting bill — now …

Most Asian stocks rise as investors eye US trade talks Read More »

China’s manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held.The Purchasing Managers’ Index — a key measure of industrial output — came in at 49.7, according to the National Bureau of Statistics (NBS).The figure was higher …

China manufacturing shrinks in June despite trade war respite Read More »

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.OpenAI boss Sam Altman recently lamented that Meta has offered $100 million bonuses to engineers who jump to Zuckerberg’s ship, where hefty salaries await.A few OpenAI …

Meta spending big on AI talent but will it pay off? Read More »

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks.”We have a buyer for TikTok, by the way,” Trump said in an interview on Fox’s Sunday Morning Futures …

Trump says ‘very wealthy’ group to buy TikTok Read More »

Operations at Bangladesh’s biggest port were suspended on Sunday as a strike by customs officials brought shipping activity to a halt.The shutdown at Chittagong Port is part of an ongoing dispute between tax authority employees and the government, which is trying to overhaul the body.”The port typically handles around 7,000 to 8,000 containers daily… But …

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The world’s most advanced AI models are exhibiting troubling new behaviors – lying, scheming, and even threatening their creators to achieve their goals.In one particularly jarring example, under threat of being unplugged, Anthropic’s latest creation Claude 4 lashed back by blackmailing an engineer and threatened to reveal an extramarital affair.Meanwhile, ChatGPT-creator OpenAI’s o1 tried to …

AI is learning to lie, scheme, and threaten its creators Read More »

President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week.Trump was referring to Canada’s digital services tax, which was enacted last year and forecast to bring in Can$5.9 billion (US$4.2 billion) …

Trump ends trade talks with Canada over tax hitting US tech firms Read More »