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Trump's return threatens resurgence of trade wars
Donald Trump's second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries -- in moves that could trigger new trade wars.
Operation to pull out illegal miners from abandoned S. African pit
Rescuers on Monday hoisted seven illegal miners and at least four bodies from an abandoned South African gold mine amid claims that hundreds were still underground and many had died. Thousands of illegal miners, many of them hailing from other countries, are said to operate in abandoned mine shafts in mineral-rich South Africa.
Ubisoft bruised but not broken by 'Assassin's Creed' delay
French video game publisher Ubisoft's second delay to the next instalment of its flagship "Assassin's Creed" series forced it to lower financial forecasts, but the step is not uncommon in a sector where players' first impressions weigh heavy. Studio or publishing bosses nevertheless rarely take the decision to delay a game lightly, as it can impose serious financial costs.
US announces new restrictions on AI chip exports
The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.
Russia says Ukraine targeted infrastructure of gas pipeline to Turkey
Russia accused Ukraine on Monday of launching a weekend drone attack on infrastructure of a major gas pipeline that carries Russian supplies to Europe via Turkey. It said the facility was part of the TurkStream pipeline and accused Ukraine of trying to "cut off gas supplies to European countries".
Billion-pound lawsuit against Apple over App Store opens in UK
Did US tech giant Apple abuse the dominant position of its app store in the UK? The complaint, filed in May 2021, accuses Apple of breaching European and UK competition laws by "its exclusion of any other app stores from iOS devices" like iPhones and iPads.
Japan PM tells Biden 'strong' concerns over steel deal
Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel's takeover of US Steel raised "strong" concerns in both countries, local media reported Monday.
China saw booming exports in 2024 as Trump tariffs loom
China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms. But Trump, who imposed sweeping tariffs on China during his first term in office, has threatened even heftier levies when he returns to the White House next week.
Asian markets track Wall St losses after blockbuster US jobs report
Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.
AFP
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