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Asian markets mixed as traders weigh Trump's latest tariff salvo
Asian markets mixed as traders weigh Trump's latest tariff salvo
by  AFP

Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face "reciprocal" levies. He also said he would announce "reciprocal tariffs" to match his government's levies to the rates charged by other countries on US products.

Government chiefs and tech leaders gather in Paris for AI summit
Government chiefs and tech leaders gather in Paris for AI summit
by  AFP

Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping to find common ground on a technology with the potential to upset global business and society. - 'Stargate' sets the pace - In a TV interview, he trailed "109 billion euros ($113 billion) of investment in artificial intelligence in the coming years" in France.

Trump says will impose 25% tariffs on US steel, aluminum imports
Trump says will impose 25% tariffs on US steel, aluminum imports
by  AFP

The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced. Canada -- which Trump has already threatened with tariffs -- is the largest source of steel and aluminum imports to the United States, according to US trade data.

Trump says Musk will help uncover 'hundreds of billions' in US govt fraud
Trump says Musk will help uncover 'hundreds of billions' in US govt fraud
by  AFP

President Donald Trump said in remarks airing Sunday that Elon Musk, who is presiding over a purge of US government jobs, will help find "hundreds of billions of dollars of fraud" in federal agencies. "We're going to find billions, hundreds of billions of dollars of fraud and abuse.

Baltic states 'successfully' link with European power grid
Baltic states 'successfully' link with European power grid
by  AFP

Lithuanian President Gitanas Nauseda on Sunday announced that the three Baltic states had "successfully" joined the European power grid after severing ties with the Russian network. The synchronisation of the Baltic states' electricity system with the continental European system has been successfully completed," Nauseda told reporters in Vilnius.

China inflation picks up after Lunar New Year spending boost
China inflation picks up after Lunar New Year spending boost
by  AFP

Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. The boost in prices last month is "mainly due to higher food prices and tourism-related services prices on an earlier-than-usual Lunar New Year holiday," Goldman Sachs analyst Xinquan Chen wrote in a note on Sunday.