AFP
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Japan core inflation tops forecasts as rice prices almost double
Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.
Japan PM presses Trump on tariffs ahead of new talks
Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies. The comments came as Japan's tariffs envoy, economic revitalisation minister Ryosei Akazawa, left for Washington for a third round of talks.
Asian stocks bounce back after Treasury-led sell-off
Asian equities stabilised Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.
Anthropic touts improved Claude AI models
Anthropic unveiled its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set new standards for reasoning, coding, and digital agent capabilities. "Claude Opus 4 is our most powerful model yet, and the best coding model in the world," Anthropic co-founder and chief executive Dario Amodei said as he opened the event.
Trump hosts gala for memecoin buyers despite corruption concerns
US President Donald Trump on Thursday will host a private event for hundreds of top investors in his crypto memecoin, with leaders of the Democratic opposition blasting it as "an orgy of corruption." The top 25 investors, according to an event website, will get a private session with Trump beforehand and a White House tour.
State Dept says Chevron must leave Venezuela, even as American freed
The US State Department said Thursday that Chevron must wrap up operations in Venezuela next week as scheduled, contradicting an envoy who told a podcast differently after Caracas freed an American. Asked about the contradicting messages, State Department spokeswoman Tammy Bruce said Rubio was "making it clear that that license is going to expire."
Disney suspends Venezuelan workers after protected status revoked
Entertainment giant Disney has placed at least 45 Venezuelan employees on unpaid leave, the company told AFP Thursday, following the US Supreme Court's decision to allow the revocation of a special legal status that shielded them from deportation.
California's electric car drive put on blocks by US Senate
US senators on Thursday blocked California's landmark mandate phasing out gas-powered cars, dealing a blow to the state's move towards electric vehicles in a pointed rebuke of Democratic climate change policies. "California got special permission from the Biden administration to ban gas-powered cars.
G7 finance chiefs push for consensus despite Trump tariffs
G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.
AFP
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