Australia on Thursday passed into law a social media ban for children aged under 16 after an emotive debate that gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech. The law forces tech giants from Instagram and Facebook owner Meta (META), to TikTok to…
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. China’s industrial…
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI…
First there was Black Friday — then Cyber Monday. Now deal-thirsty consumers have a reason to shop online one day longer. “Travel Tuesday” — the first Tuesday after the American Thanksgiving holiday — targets those looking for discounts on trips, rather than flat-screen TVs. Search interest for “Travel Tuesday” rose more than 500% from…
Tokyo, Japan Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets traded mixed in spite of gains on Wall Street as investors looked toward a slate of megacap technology earnings to keep propelling the Nasdaq Composite to new heights this week. Japan’s Nikkei 225 added 0.62%, extending gains from the day before. This comes after the ruling Liberal…
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets mostly rose on Friday, with investors awaiting Japan’s general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The Bank of…
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…
Despite her controversial performance at the 2024 Paris Summer Olympics, Australian breaker Rachael Gunn, known as Raygun, has been ranked as the number one female breakdancer globally by The World DanceSport Federation. Gunn, 37, finished the Olympic breaking event with a total score of zero. Her performance, which featured unconventional moves including a kangaroo hop,…
