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China blocks Meta’s acquisition of AI firm Manus
BEJING, April 27 — China has blocked Meta’s acquisition of AI startup Manus, the top economic planning body said today, after a regulatory review that reportedly also saw Beijing restrict two co-founders from leaving the country. Facebook owner Meta had
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China’s Star 50 hits three-month high amid semiconductor surge, Hong Kong tech index jumps 1.3pc
HONG KONG, April 27 — China and Hong Kong stocks edged higher on Monday, led by technology shares, as data showing solid industrial profit growth and renewed AI enthusiasm lifted sentiment. At the midday break, the Shanghai Composite index was
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India plugs oil gap as Middle East supplies sink
MUMBAI, April 26 — India has ramped up purchases of Russian oil and revived alternate supplies from Africa, Iran and Venezuela to blunt a sharp crude shortfall from the crisis-ridden Middle East, analysts say. India, the world’s third-largest oil buyer,
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Powell’s final meeting likely to extend pause, focus shifts to inflation containment
WASHINGTON, April 26 — The US central bank is widely expected to keep interest rates unchanged at its policy meeting next week, as energy prices stay high and supply chains snarled due to war in the Middle East. The Federal
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Poultry, duck and bird’s nest among Malaysia’s value‑added farm exports to Vietnam
KUALA LUMPUR, April 25 — Malaysia sees strong potential to expand its agricultural market to Vietnam, including value-added poultry products, pasteurised liquid eggs, duck products and edible bird’s nest. Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said the
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EU aviation regulator drafting guidance to replace Jet A‑1 with Jet A if supplies run short
MOSCOW, April 25 — The European Union Aviation Safety Agency (EASA) is preparing recommendations that will allow the use of Jet A as an alternative to the standard European jet fuel, Jet A-1, in the event of a shortage, the
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Musk vs OpenAI: Court to examine dispute over nonprofit mission as Musk seeks billions in damages
SAN FRANCISCO, April 25 — Jury selection is to begin Monday in a high-profile legal battle between billionaire Elon Musk and artificial intelligence startup OpenAI, which he accuses of betraying its non-profit mission. The clash in a courtroom across the
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China denounces US House panel move to tighten chip tool export controls
BEIJING, April 25 — China’s commerce ministry today criticised a US House of Representatives panel voted to advance the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. China opposes “any abuse of export controls under
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Bursa Malaysia ends slightly lower as investors turn cautious ahead of weekend
KUALA LUMPUR, April 24 — Bursa Malaysia closed marginally lower in line with the weaker performance of regional peers as investors refrained from taking long positions ahead of the weekend. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased
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After call from Beijing, China’s auto industry races to embed AI in just about everything
BEIJING, April 24 — It took China 25 years to dominate the market for electric vehicles. Now, the country’s auto industry is hurtling toward the next disruption: Embedding artificial intelligence in cars that will make the next generation of EVs
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