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Modi says India, Japan to 'shape the Asian century'
India and Japan will "shape the Asian Century", Prime Minister Narendra Modi said Friday, on a visit expected to secure billions of dollars in Japanese investment and an upgrade to security ties. We will shape the Asian Century for stability, growth, and prosperity," Modi said.
Vandalism hobbles Nigeria's mobile telephone services
When cell phone and internet networks went down across nine states in Nigeria earlier this summer, leaving millions without service, telecoms officials pointed to an increasingly familiar culprit: vandalism.
Japan seeks record defence budget, to triple drone spending
Japan's defence ministry is aiming for a major boost to its drone arsenal as part of another record spending request made Friday to deal with a "severely intensifying security environment". But the new budget increase reflects the "severely intensifying security environment" around Japan, a defence ministry official told reporters in Tokyo on condition of anonymity.
Asia stocks mixed after Wall St hits new highs
Asian markets were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records. Modest gains on Wall Street came after an upward revision to US GDP for the second quarter and bumper results from AI chip giant Nvidia.
Cash-strapped Taliban look to airspace for windfall
Far above Kabul, the cash-strapped Taliban government has located a potentially lucrative revenue stream: Afghanistan's airspace. Against such economic headwinds, the airspace revenue stream "is helpful for the cash-strapped current administration", said Sulaiman Bin Shah, former deputy minister of industry and commerce in the ousted government and founder of the Catalysts Afghanistan consultancy.
Trump thumbs nose at decades of India courtship
India once united US policymakers like few issues. US policymakers have long skirted around India's sensitivities on Kashmir and sought to contain fallout from disagreements on other issues.
Brazil police target network that siphoned billions from fuel sector
Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and concealed billions of dollars in illicit earnings in cahoots with financial companies. Brazilian police released images of a mass deployment of officers in Sao Paolo's Faria Lima Avenue Thursday, where many financial institutions are headquartered.
Luxury carmaker Lotus to slash UK jobs amid US tariffs
Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs. The carmaker, which is majority owned by Chinese auto giant Geely, has several sites in the UK, including its headquarters in Hethel, eastern England.
Small parcels in limbo as Trump moves to end US tariff exemption
An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's biggest economy, with businesses halting shipments to American consumers and mulling price hikes. Massicotte said: "This tariff war is just going to hurt the American and the Canadian consumer, especially small business owners." bys/bgs
AFP
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