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Japan auto safety test scandal widens, Toyota halts some shipments

The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota's central Aichi prefecture headquarters on Tuesday

AMD launches AI chips to take on leader Nvidia; plans new chip every year

AMD revealed the MI400 series AI chips, which will arrive in 2026 and will be based on an architecture called "Next"

Mexico elects Claudia Sheinbaum as country's first female president

Pollster Parametria forecast Sheinbaum winning a landslide 56 per cent of the vote, according to their exit polls

Few AI deepfakes identified in EU elections, says Microsoft President Smith

'We have to recognise the risks that AI can create in the context of creating abusive content and one form of abusive content would be AI generated deep fakes,' Smith said

Efforts should be recognised in Russia-Ukraine peace measures, says China

China has never "fanned fire or fuelled the flames", said Mao Ning, addressing a question on a peace summit

Brokers impose higher trading margins to withstand election volatility

India's benchmark equity indexes hit record highs on Monday after exit polls over the weekend predicted a landslide victory for PM Modi

Toyota, other Japan automakers under scrutiny for certification issues

The transport ministry said separately it will conduct an on-site inspection at Toyota's headquarters on Tuesday

S Korea Prez Yoon approves exploration of vast oil, gas prospects off-coast

The president said South Korea has conducted a series of explorations for oil and gas beginning in 1996 and tapped a gas reserve of the equivalent of about 4.5 million barrels

Global airlines raise profit outlook for 2024, projects $1 trn in revenue

The International Air Transport Association (IATA) said it expected the worldwide industry to generate $30.5 billion of profit this year

Microsoft to invest $3.2 billion to expand AI, cloud infra in Sweden

The investment, Microsoft's biggest to date in Sweden, includes a pledge to help train some 250,000 people with AI skills

After guilty verdict, investors weigh Trump 2.0 factor as election looms

Investors said a Trump victory could broadly boost the stock market and buoy the dollar

Nvidia says its next-generation AI chip platform to be rolled out in 2026

Nvidia is planning to release a new family of AI chips every year, accelerating its prior release schedule of roughly every two years

China's factory activity growth hits 2-year high, shows Caixin PMI

Production was underpinned by higher new work inflows, as stronger domestic and global demand supported client interest in new products, according to respondents

India's May factory growth slips to 3-month low, but remains sturdy: PMI

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, dipped to 57.5 in May from April's 58.8, below a preliminary estimate of 58.4

Heat wave kills at least 56, nearly 25,000 heat stroke cases from March-May

In a contrast, parts of eastern India have been reeling under the impact of cyclone Remal. Heavy rain in the north eastern state of Assam has killed 14 people since Tuesday

Proposed ban on Russia's LNG transports not to impact Asia: EU commissioner

European Union proposed to ban re-loading services by EU facilities for trans-shipment of Russian LNG to third countries

Indian bond yields seen lower as exit polls predict Modi govt's continuity

India's benchmark 10-year yield is likely to move in a 6.94 per cent -7.00 per cent range, following its previous close of 6.9809 per cent , a trader with a state-run bank said

Equity futures jump as markets cheer likely third term for PM Modi

NIFTY 50 index futures were up about 2.6 per cent in early trade, according to NSE International Exchange data

Australia orders Chinese investors to sell down stake in rare earths miner

Northern Minerals is developing the Browns Range heavy rare earths project in Western Australia, at a time when the sector has become increasingly strategic for its uses in green energy and defence

Boeing, Nasa target June 5 for Starliner's debut crew flight to ISS

Once launched, the Starliner is expected to arrive at the space station after a flight of about 24 hours and dock with the orbiting research outpost some 250 miles (402 km) above Earth