When David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive tool like ChatGPT, or go their own way. In starting the company, Ha has put down roots in Japan, which "has its problems" but remains "a leading democracy in Asia", he said.
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts warned it could provoke a fresh standoff between Washington and Beijing.
On the drought-stricken plains of Morocco's Chtouka region, cherry tomato farms stretch as far as the eye can see, clinging to life through a single, environmentally contentious lifeline: desalination. "Desalination has saved agriculture in Chtouka," said Mohamed Boumarg, walking through one of his tomato greenhouses.
Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that could impact Federal Reserve interest rates plans.
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Donald Trump unveiled sweeping global tariffs.
The Nigerian naira has depreciated over 400% since 2023, now trading close to the N1600/$ mark. It is now ranked among the top 10 weakest currencies in Africa.
President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would face a minimum 20 percent tariff and open its market to US products.
A US senator renewed calls Wednesday for a bribery probe into Paramount following its reported $16 million settlement with President Donald Trump over a lawsuit the entertainment giant initially described as meritless.
Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk's political activities. But Musk's political activism on behalf of right-wing figures has also made the company a target of boycotts and demonstrations, weighing on sales.
PZ Cussons Nigeria had staged a comeback from the heavy losses it suffered in the 2024 financial year. The latest report shows healthy profits for shareholders.
Economy
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