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Most Asian markets extend AI-fuelled rally
Most Asian markets extend AI-fuelled rally
Economy
by  AFP

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

Bangladesh student revolutionaries' dreams dented by joblessness
Bangladesh student revolutionaries' dreams dented by joblessness
Economy
by  AFP

Bangladeshi students braved bullets to overthrow an autocratic government, but six months after the revolution, many say finding a job is proving a harder task than manning the barricades. "I can't see any fruitful initiatives taken by the government so far," Chowdhury grumbled, a25-year-old student who took part in the protests that drove autocratic ex-leader Sheikh Hasina into exile on August 5.

Solar power surpasses coal in EU for first time
Solar power surpasses coal in EU for first time
Economy
by  AFP

Solar overtook coal in the European Union's electricity production in 2024, with the share of renewables rising to almost half the bloc's power sector, according to a report released Thursday. "Solar remained the EU's fastest-growing power source in 2024, rising above coal for the first time.

Musk, Wikipedia founder in row over how to describe 'Nazi salute'
Musk, Wikipedia founder in row over how to describe 'Nazi salute'
Economy
by  AFP

The gesture was controversial enough, but now come the sub-controversies: Elon Musk is trolling Wikipedia and encouraging its defunding after a description of his recent flourish, seen by some as a Hitler salute, appeared on the encyclopedic website. Trolling Musk for his 2022 purchase of X for $44 billion, Wales shot back that: "I think Elon is unhappy that Wikipedia is not for sale."

Larry Ellison, tech's original maverick, makes Trump era return
Larry Ellison, tech's original maverick, makes Trump era return
Economy
by  AFP

US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return. Today, he ranks among the world's wealthiest individuals, with a fortune of $230 billion, trailing only Musk and Bezos but ahead of Zuckerberg.