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EU lawmakers ratify political deal on artificial intelligence guardrails

EU countries gave their backing earlier this month after France secured concessions to lighten the administrative burden on high risk AI systems and offer better protection for business secrets

Japan growth data set to confirm its slip to 4th-largest economy last year

While the economy is seen returning to annualized growth of 1.2% in the fourth quarter after a bruising contraction in the summer

Masayoshi Son adds $4 billion to personal net worth on Arm's 192% rally

The pace of increase in his wealth puts the Japanese billionaire in the top 30 gainers among the world's 500 richest people tracked by the Bloomberg Billionaires Index

Elon Musk says Putin can't lose war in Ukraine, opposes senate bill

Musk's comments came as he agreed with Johnson's statement that Putin would not lose in Ukraine. Johnson said those who expect a Ukraine victory were "living in a fantasy world"

Govt plans $9 billion rooftop solar push amid looming Lok Sabha elections

Sluggish deployment of rooftop systems has cast doubt on India's target of almost quadrupling solar power generation capacity from 73 gigawatts by the end of the decade

Wall street analysts racing to boost targets of Nvidia after $560 bn rally

The chip giant's shares have surged 46% this year and added about $560 billion in market value as of Monday, when they closed at a record around $722

Pakistan parties' coalition talks hit speed bump over who becomes PM

Pakistan's benchmark stock index fell 2.8% Monday after dropping 1.8% on Friday

Bitcoin surges to $50,000 for the first time since 2021 on ETF demand

Aside from ETF inflows, sentiment toward Bitcoin is "typically positive" during the Lunar New Year holidays that are currently underway in Asia, Fundstrat Global Advisors wrote in a note

Biden pushes for six-week fighting pause in Israel-Hamas hostage deal

"Once Hamas' control of Gaza is over, they must prepare to build a state that accepts peace and does not harbor terrorist groups like Hamas and Islamic Jihad," Biden said

Farmers' discontent threatens election year upsets around the world

Some farmers worry that green policies will curb their yields and therefore their incomes, while the cost-of-living crisis makes it harder to pass on costs to consumers

Has Pakistan's military finally lost its influence over country's fate?

In often dysfunctional Pakistan, citizens have typically seen the army as a functional and trustworthy institution

Bitcoin Surges to $50,000 for the First Time Since 2021 on ETF Demand

The original cryptocurrency has tripled in value since the start of last year, climbing back from a 64% plunge in 2022

HP seeks $4 bn in losses from founder Lynch over autonomy fraud: Report

Founder Mike Lynch was found to have inflated Autonomy's revenue alongside his chief financial officer Sushovan Hussain

Pakistan's old guard parties near coalition deal to thwart Imran Khan

The parties of the Sharif and Bhutto clans "agreed in principle to save the country from political instability," according to a statement posted on X last night

EY added $700 million in extra debt for failed spinoff costs: Report

Borrowing at the accounting firm more than tripled from a year earlier to $983 million as of June 30, 2023, as it expanded an existing floating credit rate facility and took out a new one

US presidential polls: In Trump-Biden rematch, the only sure loser is China

Tariffs were Trump's weapon of choice early on, but as China policy hardened he expanded the arsenal

What's likely to come after Pakistan polls for markets and military?

It's harder to see a scenario where Khan's PTI forms a government given the military's opposition to it, analysts say

PM Modi flexes global muscle with Abu Dhabi visit, temple opening

The UAE and India have historically enjoyed close ties. A third of the Gulf country's population hails from India and Dubai counts Indians as among the top buyers of real estate in the city

Israel need to sell record amount of bonds this year to fund war: Officials

Israel is under increasing pressure, including from the US, to wind down its operations on Gaza and ease the suffering of Palestinian civilians

Fragile-five days long gone as funds pile Into India, Indonesia: Report

The original 'Fragile Five' which also included Turkey, South Africa and Brazil referred to nations perceived to be most at risk due to their heavy reliance on foreign investment to drive growth