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Asian markets mixed as bitcoin surges to new high
Bitcoin hit a new peak during early Asian trading on Thursday, as the yen surged after the US Treasury Secretary said he expects Japan to hike interest rates. The Bank of Japan, which has long maintained a negative interest rate policy, began monetary tightening in 2024.
Eyeing robotaxis, Tesla hiring New York test car operator
Tesla is recruiting a motorist to test its driver-assistance technology in New York with an eye towards autonomous driving, according to a job listing reviewed by AFP on Wednesday.
NBA approves $6.1bn sale of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed. "The NBA Board of Governors has unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm," the league said in a brief statement.
Striking Boeing defense workers turn to US Congress
Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.
Plastic pollution treaty talks in disarray
Attempts to secure a landmark treaty combating plastic pollution descended into disarray on the penultimate day of talks Wednesday as dozens of countries rejected the latest draft text, leaving the talks in limbo. With a day left to go, Vayas presented a new draft but the discussions quickly unravelled as the text was savaged from all quarters.
Markets rise on growing rate cut hopes
Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a second record high in as many days. That boosted hopes among that the US Federal Reserve and its embattled chief Jerome Powell will cut interest rates next month.
European powers tell UN they are ready to reimpose Iran sanctions
European powers tell UN they are ready to reimpose Iran sanctions
Fortnite developer claims win against Apple and Google
An Australian court has found Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite. Fortnite is one of the most popular video games in the world, laying claim to hundreds of millions of registered players. lec/sft/mtp
Soft US inflation boosts Asia markets
Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia. Early afternoon, the Nikkei 225 index was at 43,359.03, up 1.5 percent, having already hit a new intraday record high of 42,999.71 the previous day.
AFP
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