AFP
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China hawk Takaichi named Japan's first woman PM
Japan got its first woman prime minister on Tuesday after Sanae Takaichi, a China hawk and social conservative, forged an 11th-hour coalition deal. Parliament appointed Takaichi, an admirer of Margaret Thatcher, as prime minister on Tuesday, after she unexpectedly won a majority in a first round of voting.
Equities rally on China-US hopes, new Japanese PM lifts Tokyo
Stocks extended gains Tuesday on further signs that China-US trade tensions were easing, with Tokyo hitting another record as Japan prepares to swear in a new prime minister and bring an end to a period of political uncertainty.
US, Australia sign rare earths deal as Trump promises submarines
US President Donald Trump signed a deal on rare earth minerals Monday with Australian Prime Minister Anthony Albanese, and said Washington's key ally would get its coveted nuclear-powered attack submarines.
Crisis-hit Argentina inks $20 bn rescue with US
Argentina and the United States signed off on a $20 billion financial lifeline Monday, hoping to avert economic meltdown and boost President Javier Milei ahead of tough legislative elections. President Donald Trump has plied Argentina with political and economic support ahead of the October 26 vote, which will decide whether his close ally Milei can force through labor, tax and pension reforms.
Servers, software and data: how the cloud powers the web
The outage that hit the world's leading cloud provider Amazon Web Services on Monday has highlighted global reliance on the technology, which offers businesses on-demand IT resources without heavy investment in expensive server farms.
Brazil greenlights oil drilling in sensitive Amazon region
Brazil's Petrobras said Monday it has permission to drill for oil near the mouth of the Amazon River, casting a shadow over the country's green ambitions as it prepares to host UN climate talks. Brazil will host COP30 climate talks in the Amazon city of Belem next month.
US stocks rise to open big earnings week
Wall Street stocks rose early Monday as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US government shutdown. Markets are watching the back-and-forth in Washington as the government shutdown drags on.
Shares in French bank BNP Paribas plummet after US verdict
Shares in France's biggest bank, BNP Paribas, sank more than seven percent in trading on Monday, following a US court verdict late last week finding it liable for atrocities committed in Sudan. The big drop in BNP Paribas's shares in afternoon Paris trading outstripped a decline for other French banks, which sank around one percent.
Internet services cut for hours by Amazon cloud outage
Many popular internet services, from streaming platforms to messaging services and some banks, went offline for hours on Monday due to an outage in Amazon's crucial cloud network. The disruption affected streaming platforms, including Amazon's Prime Video service and Disney+, as well as Perplexity AI, the Fortnite game, Airbnb, Snapchat and Duolingo.
AFP
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