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Tech rally helps Hong Kong lead Asian markets higher
Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.
Argentina's Milei denies role in 'cryptogate' as prosecutors launch probe
Argentine President Javier Milei on Monday denied promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a flood of complaints, as prosecutors reportedly prepare an investigation into the scandal. It would also create a task force to carry out an "urgent investigation into the launch of the cryptocurrency $LIBRA, and all companies or individuals involved."
Argentine prosecutors to probe Milei over 'cryptogate'
Argentine prosecutors will investigate President Javier Milei for promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a flood of complaints, local media reported Monday.
Italy probing Amazon over 1.2b euros in third-party seller VAT
Italian prosecutors are examining whether online giant Amazon.com evaded 1.2 billion euros in value-added tax (VAT) it should have paid on behalf of certain third-party sellers, sources told AFP Monday.
Starmer to meet Trump 'next week': UK govt
UK Prime Minister Keir Starmer will meet US President Donald Trump in Washington next week to discuss a "wide range of issues", a British government spokesperson confirmed on Monday. "The prime minister will travel to Washington DC next week," the spokesperson said.
'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.
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. "For the year 2025, the bulk of revenue gains is expected to be delivered by the liberalisation of motor vehicle imports," the president told parliament.
Online shopping giants bet on AI to curb clothes returns
From sizing advice via selfies to robot stock-takers, online shopping behemoths have increasingly turned to artificial intelligence in a bid to stem the flow of bad-for-business clothes returns.
China's Xi meets business leaders including Alibaba's Jack Ma
Chinese President Xi Jinping held a meeting Monday with top private business leaders including Alibaba co-founder Jack Ma, state media footage showed. State broadcaster CCTV reported Monday that the meeting had taken place at Beijing's Great Hall of the People, with video showing Ma standing and applauding as Xi entered a lavish room.
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