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Asian markets mixed as traders take stock after Fed-fuelled rally
Asian markets fluctuated between gains and losses Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut. Tokyo was the stand-out performer Monday, rising more than one percent, after the Bank of Japan said it would sell its ETFs -- bought as part of a campaign of monetary easing aimed at kickstarting the sluggish economy -- gradually.
Wealth tax economist hits back at French tycoon's 'pseudo-academic' claim
An economist behind a wealth tax plan embraced by the French left on Sunday urged France's richest person, Bernard Arnault, to show "respect for the truth" after the luxury goods tycoon described him as a "pseudo-academic" who wanted to "destroy the French economy".
France's richest man riles left with attack on 'pseudo-academic' behind tax plan
Left-wing figures in France on Sunday reacted with uproar after the country's richest man the luxury goods tycoon Bernard Arnault described an academic behind a wealth tax plan as a "far-left activist" who wanted to "destroy the French economy".
Floating wind power sets sail in Japan's energy shift
Close to a small fishing port in southwestern Japan, the slim white turbines of the country's first commercial-scale floating wind farm glimmer offshore, months before a key project in Tokyo's green-energy strategy begins.
White House says $100,000 H-1B visa fee to be one-time payment
The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry a day earlier, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.
Cyberattack hits European airports
Major European airports including Brussels, Berlin and London's Heathrow were Saturday hit by a cyberattack on check-in systems that caused cancellations and long delays for thousands of passengers.
Americans would dominate board of new TikTok US entity: W.House
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday. "There will be seven seats on the board that controls the app in the United States, and six of those seats will be Americans," White House press secretary Karoline Leavitt told Fox News.
Novartis chief eyes ways to end higher US drug prices: media
Amid a threat of towering US tariffs, Swiss pharmaceutical giant Novartis is seeking ways to enable Americans to pay less for their medicines, its chief said in an interview published Saturday. "We are working with the government and trying to find constructive solutions so that Americans pay less for their medicines," he told the Swiss daily.
Trump's $100,000 fee for H-1B visas, a tech industry favourite, concerns India
India's leading trade body said on Saturday it was concerned by a new annual $100,000 fee that US President Donald Trump ordered for H-1B skilled worker visas, an addition that could have major repercussions for the tech industry where such permits are widespread. It was also concerned by the short timeline, with the new fees under Trump's order coming into effect on Sunday.
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