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Japan to release emergency rice reserves to fight runaway inflation
The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices over a year. To prevent the distorting effect, the government is required to buy back the same amount of rice it released within a year.
Taiwan's Lai vows more investment in US as chip tariffs loom
Taiwan will boost investment in the United States and on its own defences, President Lai Ching-te said Friday, as Taipei seeks to head off US President Donald Trump's threats of tariffs on its semiconductor chips.
Most Asian stocks rise as US tariffs give breathing space
Asian markets mostly rose Friday in line with a rally on Wall Street as traders were buoyed by news that Donald Trump's latest, sweeping reciprocal tariffs would not likely be implemented until April, giving time for negotiations.
After the party, Mexican agave farmers face tequila hangover
From George Clooney to LeBron James, American celebrities have cashed in on tequila's soaring popularity.
Outdated showers, inefficient toilets: Trump's nostalgia for retro ways
Old-school gas stoves, generous showerheads, delicate light bulbs. - 'I always look orange' - And the former reality TV star also frequently rails against LED light bulbs, which have been gradually replaced by incandescent bulbs over the past decade.
Argentina records lowest monthly inflation in 4.5 years
Argentina recorded a monthly inflation rate of 2.2 percent in January, the lowest in 4.5 years, the INDEC national statistics agency said Thursday, in a boost for budget-slashing President Javier Milei. Last year, Argentina recorded its first budget surplus in a decade.
Mexico threatens to sue Google over 'Gulf of America' name change
Mexico on Thursday threatened to sue Google over its changing the Gulf of Mexico's name to "Gulf of America" for Maps users in the United States to comply with President Donald Trump's executive order. Apple has also renamed the Gulf of Mexico the "Gulf of America" for US users of its mapping application to comply with Trump's order.
US State Dept walks back purported $400 mn Tesla contract
The US State Department backtracked Thursday on a document saying it would award $400 million for electric armored cars by Tesla, whose chief Elon Musk has been aggressively slashing government spending on behalf of President Donald Trump.
Ubisoft revenue drops after game flops, 'Assassin's Creed' delays
A run of new-release flops and the delay of the latest “Assassin’s Creed” instalment sent revenue at French games giant Ubisoft plunging in its third quarter, the company reported Thursday as it continues to weigh its future.
AFP
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