Month: May 2025
Asia-Pacific markets mostly rise after Wall Street rally pauses
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels […]
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Japan exports growth slows for a second straight month as U.S. tariffs bite
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Japan exports growth slowed for a second straight month, government data showed Wednesday, as the country reels under U.S. President Donald Trump’s sweeping tariffs. Exports growth of 2% was in line with Reuters-polled analysts’ […]
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‘Fail fast, learn fast’: She built a property startup from her garage. It’s raised over $75 million
Dayu Dara Permata, 36, is the co-founder and CEO of Indonesian property transaction platform Pinhome. Courtesy of Pinhome It’s no secret that building a successful startup often involves risk, iteration and failure. Dayu Dara Permata knows this well. The 36-year-old is the co-founder and CEO of Indonesian property transaction platform Pinhome. Over the course of […]
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South Korea vows support for biopharmaceutical, auto sectors over US tariffs
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea. Chung Sung-Jun/Getty Images South Korea’s government pledged on Wednesday more support measures for key export industries, including the biopharmaceutical and auto sectors, which are expected to be hit by […]
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Armenian organized crime rings charged with stealing $83 million in Amazon cargo
The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and […]
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Elon Musk says AI could run into power capacity issues by middle of next year
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk said Tuesday that artificial intelligence development could run into power generation problems by the middle of next year, as the technology industry builds increasingly large data centers. Musk told CNBC in an interview that his artificial intelligence startup xAI is planning […]
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Fortnite approved by Apple, returns to U.S. App Store 5 years after removal
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Apple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal. Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take […]
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Trump unveils plans for ‘Golden Dome’ missile defense system
U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | Reuters President Donald Trump rolled out plans for a multibillion dollar ‘Golden Dome’ missile defense shield […]
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Waymo says it reached 10 million robotaxi trips, doubling in five months
A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Waymo co-CEO Tekedra Mawakana told CNBC on Tuesday that the Alphabet-owned ride-hailing company has reached 10 million trips, doubling in the […]
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Palo Alto Networks beats on earnings and revenue, misses on gross margin
Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday. Here’s how the […]
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