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Mt. Fuji and Shinjuku skyline in Tokyo, Friday, February 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesJapanese Nikkei Stock Average Stocks rose more than 2% on Wednesday, hitting a record high above 51,000 for the first time on renewed optimism about the Japan-U.S. trade relationship and expectations for further interest rate cuts from the U.S. Federal Reserve.It rose after US President Donald Trump and Japanese Prime Minister Sanae Takaichi signed a new rare earth framework on Tuesday. Markets also gained confidence that the Fed will cut interest rates by 25 basis points for the second…
OpenAI CEO Sam Altman (left) shakes hands with Kevin Scott, Microsoft’s chief technology officer and vice president of artificial intelligence, during the Microsoft Build conference at the Seattle Convention Center Summit Building on May 21, 2024 in Seattle, Washington, USA. Jason Redmond | AFP | Getty Images Investors do not fully understand artificial intelligence, despite concerns that the field is overvalued.of S&P500, Dow Jones Industrial Average and Nasdaq Composite Intrastate markets rose on Tuesday, with all three hitting new intraday highs. Major averages were boosted by advances in technology. Nvidia It rose by nearly 5%, but microsoft It rose by…
U.S. and Chinese leaders are expected to sign a trade deal in their first meeting since 2019.Published October 29, 2025October 29, 2025Click here to share on social mediaShare 2shareGyeongju, South Korea – U.S. President Donald Trump says he expects to reach a “big deal” with China during a high-stakes meeting with Chinese President Xi Jinping.In a wide-ranging, rambling speech delivered on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit on Wednesday, President Trump said the anticipated trade deal would be good for both countries and would be “very exciting for everyone.”Recommended stories list of 4 itemsend of list”It’s a…
Opinion polls predict that anti-Muslim lawmaker Geert Wilders and his Liberal Party will win the most seats.Published October 29, 2025October 29, 2025Click here to share on social mediaShare 2shareDutch citizens are voting in a high-stakes snap election dominated by immigration and housing issues that will test the power of the rising far-right across Europe.Voting began at 7:30 a.m. (6:30 p.m. Japan time) on Wednesday, with opinion polls suggesting anti-Islam lawmaker Geert Wilders and his far-right Freedom Party (PVV) are on track to win the most seats in the 150-member lower house. However, the three moderate parties are closing the gap,…
AP — A US warship docked in the capital of Trinidad and Tobago on Sunday, as the Trump administration ramps up military pressure on neighboring Venezuela and President Nicolas Maduro. In addition to the aircraft carrier USS Gerald R. Ford approaching Venezuela, the guided missile destroyer USS Gravely will arrive in the Caribbean nation’s capital. President Maduro criticized the carrier move as an attempt by the US government to manufacture a “new forever war” against his country. US President Donald Trump has accused Maduro of being the leader of the organized crime organization Torren de Aragua, without providing evidence. Officials…
England’s batting line-up slumped for the second time in four days as Harry Brook’s side lost the one-day international series in New Zealand ahead of the Ashes.England lost the second ODI in Hamilton on Wednesday for 175 with a loss of five wickets, but eighth-placed Jamie Overton (42 off 28 balls) was their top scorer as they rolled for 223 in a four-wicket reversal in the first match at Mt Maunganui on Sunday. Jofra Archer (3-23), playing his first ODI against New Zealand since scoring the match-winning super over in the 2019 World Cup final, produced a fine performance from…
Tourists sit on the bollards of the Sydney Opera House.AFP Contributor | AFP | Getty ImagesInflation in Australia accelerated in the third quarter, with consumer prices rising 3.2% year-on-year, the fastest pace in more than a year, the Australian Bureau of Statistics said on Wednesday. The increase was higher than the 2.1% rise in the second quarter and was also higher than the 3% expected by economists polled by Reuters.The ABS said the most significant price increases were in housing, recreation and culture, and transport.The trimmed average inflation rate, which excludes extreme price fluctuations in consumer goods and services, rose…
Reuters — The Nepali and Chinese sides of the Everest region were closed to tourism on Wednesday due to unseasonably heavy snowfall, with a helicopter attempting to rescue stranded climbers crashing into a deep snowdrift. The area around Everest, visited by thousands of trekkers and mountaineers, has been covered in snow since Monday as a cyclone from the Bay of Bengal crisscrossed India, causing the second heavy snowfall in the Himalayas this month. Nepali authorities have canceled trekking on many hiking routes due to rain at lower elevations and heavy snowfall at higher elevations, and have urged hikers not to…
Wednesday, July 30, 2025, UBS Group AG headquarters in Zurich, Switzerland.Bloomberg | Bloomberg | Getty Imagesmajor swiss banks UBS on Wednesday reported better-than-expected third-quarter net income, citing strong momentum in its core businesses.Net income attributable to shareholders was $2.5 billion for the three-month period, an increase of 74% from $1.43 billion in the year-ago period. Analysts had expected third-quarter net income to be $1.85 billion, according to consensus compiled by LSEG.Switzerland’s largest bank posted third-quarter sales of $12.76 billion, slightly above analysts’ expectations of $12.68 billion.The result comes as UBS continues to move forward with its complex integration with Credit…
OpenAI CEO Sam Altman (left) speaks with Kevin Scott, Microsoft’s chief technology officer and vice president of artificial intelligence, at the Microsoft Build conference on May 21, 2024, at Microsoft headquarters in Redmond, Washington. Jason Redmond | AFP | Getty Images Investors do not fully understand artificial intelligence, despite concerns that the field is overvalued.of S&P500, Dow Jones Industrial Average and Nasdaq Composite Intrastate markets rose on Tuesday, with all three hitting new intraday highs. Major averages were boosted by advances in technology. Nvidia It rose by nearly 5%, but microsoft It rose by about 2%.both apple And after the…