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Asian markets extend losses as Trump fears build
Asian markets extend losses as Trump fears build
by  AFP

Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation. After an initial rally in the wake of the tycoon regaining the White House, Asian markets have pulled back this week as his cabinet begins to emerge.

Trump presidency raises fresh conflict of interest concerns
Trump presidency raises fresh conflict of interest concerns
by  AFP

Donald Trump's impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency and other ventures raising fresh concerns. After he left the White House, Trump made himself a co-administrator of the trust.

Aga Khan emerald fetches record $9 mn in Geneva auction
Aga Khan emerald fetches record $9 mn in Geneva auction
by  AFP

A rare square 37-carat emerald owned by the Aga Khan fetched nearly nine million dollars at auction in Geneva on Tuesday, making it the world's most expensive green stone. Also set with diamonds, the previous record-holder fetched $6.5 million at an auction of part of Hollywood legend Elizabeth Taylor's renowned jewellery collection in New York. vog/sbk/ach

US bans flights to Haiti after three jetliners hit by gunfire
US bans flights to Haiti after three jetliners hit by gunfire
by  AFP

The United States on Tuesday banned all civilian flights to Haiti for a month, a day after three jetliners approaching or departing from its gang-ridden capital Port-au-Prince were hit by gunfire. The US Federal Aviation Administration's move came after a Spirit Airlines jetliner arriving from Florida in Port-au-Prince was hit by gunfire and had to reroute to the Dominican Republic.

Global stocks slip as markets take post-US election breather
Global stocks slip as markets take post-US election breather
by  AFP

A stocks rally following Donald Trump's US election win lost steam Tuesday as traders looked to consolidate recent gains, sending major indices lower on both sides of the Atlantic. Wall Street's main indices all closed lower after having racked up huge gains in the days following Trump's victory and Republican gains in Congress.

Free Facebook in EU with less targeted ads
Free Facebook in EU with less targeted ads
by  AFP

Under pressure by EU regulators, Meta said Tuesday it was offering non-paying users of its Facebook and Instagram services in the bloc the ability to do so with less targeted ads, as well as cutting its subscription rates. Meta said that over the coming weeks users in the EU would have the choice of seeing "less personalised ads" when they use Facebook and Instagram.

UN carbon market inches closer after COP29 agreement
UN carbon market inches closer after COP29 agreement
by  AFP

The creation of a UN-backed global carbon market has taken a step closer to reality with governments approving new standards for the use of credits to meet climate targets. Credits have long been bought and traded in the voluntary carbon market, but no common set of rules governs these trades, and the sector has been shaken by high-profile scandals.