kslmadmin

Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower. U.S. futures advanced and oil prices gained more than $1 a barrel. Tokyo’s Nikkei lost 0.5% to 63,878.60, while the Kospi in South Korea was also down 0.2%, at 7,720.75. Hong Kong’s Hang Seng edged 0.2% higher, to 24,468.82, but the Shanghai Composite index fell 0.2% to 3,983.80. In Australia, the […]

By Yantoultra Ngui SINGAPORE, June 11 (Reuters) – DBS Group, Singapore’s biggest bank by assets, said on Thursday it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the city-state pushes to become a gold trading hub. The rollout comes as gold remains in demand as a store of value despite recent price swings. Gold prices touched a record high of $5,600 an […]

By Olivia Le Poidevin GENEVA, June 11 (Reuters) – The number of people displaced worldwide by conflict and persecution fell in 2025 for the first time in a decade, but levels of refugees facing long-term displacement remain unacceptably high, a U.N. refugee agency report said on Thursday. Last year, 5.4 million people fled their homes, bringing the total number of refugees or people in refugee-like situations worldwide to 41.6 million, including […]

By Luc Cohen and Jasper Ward NEW YORK, June 10 (Reuters) – The U.S. Department of Justice formally asked a federal judge on Wednesday to dismiss its criminal case against Halkbank, saying it has no intention of prosecuting the Turkish state-run lender. A lawyer for Halkbank did not immediately respond to a request for comment. Wednesday’s announcement came after Halkbank and the U.S. federal government agreed in March to end the […]

NEW YORK (AP) — Taylor Swift attended Game 4 of the NBA Finals between the New York Knicks and San Antonio Spurs at Madison Square Garden, the arena that has gotten a lot of attention recently as the possible location for her upcoming wedding to Travis Kelce. Swift wore a blue T-shirt with “Stevie Knicks” printed in orange lettering and was seated courtside on Wednesday night. She attended along with […]

TORONTO (AP) — Canada introduced legislation on Wednesday that could bar children younger than 16 from having social media accounts unless the companies show they can make their platforms safe. Canada is joining a growing global effort to tighten safety protections. Canadian government officials said social media platforms can obtain an exemption if they have put in place sufficient safeguards. “We are failing our children. Enough is enough,” Marc Miller, […]

KASHIWAZAKI, Japan (AP) — Japan has resumed operations at the world’s largest nuclear power plant to help the country meet huge electricity demands during a global oil crisis, but the reboot highlights a big problem: Japan is running out of space for spent nuclear fuel and has no viable plans for permanent disposal of the radioactive waste. The restart of No. 6 reactor at Kashiwazaki-Kariwa Nuclear Power Station earlier this […]

LOS ANGELES (AP) — A Los Angeles jury on Wednesday ordered California socialite Rebecca Grossman to pay $21 million in punitive damages to the parents of two young brothers who died when her car struck them in a hit-and-run collision in 2020. Former Los Angeles Dodgers pitcher Scott Erickson must also pay $1.17 million in punitive damages. That is in addition to the $176 million in damages for wrongful death […]

June 10 (Reuters) – OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The company might lower prices for tokens, the central unit for gauging AI costs, though the discussions are still in flux, the report added.  Reuters could not immediately verify the report.  (Reporting by […]