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Philippines accuses China of using water cannon on its vessels for a second day
The Philippine Coast Guard on Friday accused its Chinese counterpart of firing water cannon at government vessels near a disputed shoal for a second day, in the third confrontatio...
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Morning Bid: Oil batters bonds as AI burns cash
A look at the day ahead in European and global markets from Stella Qiu
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Asian stocks sink, bonds struggle as oil spike stokes rate risks
Asian shares sank on Friday as a near 40% rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling bond markets and stoking rat...
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China urges deeper security cooperation with Belarus, Uzbekistan
Chinese Foreign Minister Wang Yi emphasised security cooperation in separate meetings with his Belarusian and Uzbek counterparts, his ministry said in two statements released on ...
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What's in the EU's 21st package of sanctions against Russia
The European Union adopted on Thursday its 21st package of sanctions against Russia over its war in Ukraine. The new measures target banks, cryptocurrency networks, oil traders, th...
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Havas sticks to guidance as North America offsets China weakness
French advertising company reported on Thursday first-half organic net revenue growth of 2.5% and maintained its full-year guidance, with strong North American trading offsettin...
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Landslide death toll rises to 11 in southwest China, 50 still missing
The death toll from a landslide in the southwestern Chinese city of Chongqing last week has risen to 11, with 50 people still missing and 10 injured, Chinese state media reported...
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Sweden declares mining national security interest to counter dependence on China
Sweden's government declared mining of critical metals and rare earth minerals a national security interest on Thursday, saying a new mining strategy was needed to counter the dep...
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Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports
The founder of Chinese AI startup DeepSeek said the company is prioritising the development of long-term artificial general intelligence over maximising profit, state-owned media ...
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Beijing seeks opinions on planned China-US tariff cuts on $30 billion in trade
China is seeking opinions from companies, business associations and local governments on proposed reciprocal tariff cut arrangements with the United States on about $30 billion i...
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Chipmaker CXMT debut spotlights China's state-funded path to tech power
Chipmaker CXMT's high-profile debut next week will mark a major milestone for China's state-led funding model, highlighting how government capital can transform a strategic techno...
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China says it drove away Philippine vessels in fresh South China Sea incident
China said on Thursday it tracked and drove away two Philippine vessels it accused of having "intruded into" waters near the disputed Scarborough Shoal despite warnings, the week...
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Morning Bid: Can markets handle more strait talk?
A look at the day ahead in European and global markets from Ankur Banerjee
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Electrified cars drive Europe auto sales growth as Chinese brands gain ground
Demand for electrified cars continued to underpin growth in Europe's auto market in June, offsetting a sharp decline in petrol and diesel sales, data from the European Automobile...
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Top diplomats gather for security forum in Southeast Asia
Top diplomats from Asia, Europe and North America gathered on Thursday for the security-focused ASEAN Regional Forum in Manila, where ministers were expected to issue calls for a ...
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Asian stocks rise as AI capex ramps up, oil at six-week highs
Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the region, while the escalating war...
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US-Iran tensions underpin dollar as yen nears 40-year low
The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen languished near a ...
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FCC votes to bar sales of devices with parts from Chinese firms posing risks
The Federal Communications Commission on Wednesday voted to bar sales of devices in the U.S. that contain key hardware from Chinese companies deemed to be national security risks...
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