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Trump announces agreement for disarmament of Hamas
International

Trump announces agreement for disarmament of Hamas

President Trump announced a historic agreement for Hamas's complete disarmament and a phased Israeli withdrawal from Gaza, aiming to establish a new Palestinian government and lasting regional security.
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After keeping rates intact, Fed’s Warsh shifts focus back to lowering inflation
Finance

After keeping rates intact, Fed’s Warsh shifts focus back to lowering inflation

Fed Chair Kevin Warsh kept interest rates unchanged, prioritizing inflation control over market guidance. This "tough love" approach triggered a significant stock market sell-off and rising bond yields.
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The great tech manhunt: East Asia’s billion-dollar race for ASEAN talent
Asia

The great tech manhunt: East Asia’s billion-dollar race for ASEAN talent

East Asian nations are aggressively recruiting ASEAN tech talent to counter aging populations. While students gain valuable skills, ASEAN countries are now offering incentives to lure this expertise back home.
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US seals $75 billion Patriot missile deal amid rising stockpile concerns
International

US seals $75 billion Patriot missile deal amid rising stockpile concerns

The US Army awarded Lockheed Martin a $58.6 billion contract to produce Patriot missiles through 2032, aiming to replenish stockpiles strained by ongoing conflicts in Ukraine and Iran.
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China doesn’t need to build better AI than the US to win the tech race
Business

China doesn’t need to build better AI than the US to win the tech race

China can win the AI race by providing affordable, open-weight models that businesses find "good enough," challenging US dominance through accessibility and cost-efficiency rather than just superior performance.
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Wall Street closes down sharply after Fed holds rates unchanged
Finance

Wall Street closes down sharply after Fed holds rates unchanged

Wall Street fell sharply as the Federal Reserve kept interest rates steady. Investors sold off AI-related stocks amid concerns over high capital spending and persistent inflation, fueling fears of future rate hikes.
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Power outages, heat prompt evacuees to stay in cars after Japan quake
Asia

Power outages, heat prompt evacuees to stay in cars after Japan quake

Following a 7.1-magnitude earthquake in Japan, power outages and extreme heat have forced thousands of evacuees to shelter in cars, raising health concerns despite ongoing relief efforts.
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China releases draft cyberbullying law covering AI-enabled abuse
Asia

China releases draft cyberbullying law covering AI-enabled abuse

China’s draft law targets cyberbullying, including AI-generated abuse. It mandates platform identity verification and content monitoring, with heavy fines for non-compliance by domestic or foreign entities targeting China.
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Netanyahu’s low-key White House visit speaks volumes about souring US-Israel ties
International

Netanyahu’s low-key White House visit speaks volumes about souring US-Israel ties

Netanyahu’s low-key White House visit highlights deepening tensions between Israel and the US, driven by significant policy disagreements, including US fighter jet sales to Turkey and the ongoing Iran conflict.
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South Korea to hold emergency market meeting after Kospi turmoil
Asia

South Korea to hold emergency market meeting after Kospi turmoil

South Korea will hold an emergency meeting following a severe stock market rout, with officials facing criticism over the role of leveraged single-stock products in the recent volatility.
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Shared beds, shrinking budgets: China’s young workers feel economic squeeze
Asia

Shared beds, shrinking budgets: China’s young workers feel economic squeeze

Facing stagnant wages and job insecurity, young Chinese workers are increasingly sharing beds to cut living costs, highlighting severe economic pressures and long-term risks for the nation's economy.
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US Senate confirms Trump nominee Clayton as nation’s top spy
International

US Senate confirms Trump nominee Clayton as nation’s top spy

The US Senate confirmed Jay Clayton as Director of National Intelligence in a 51-47 party-line vote. Clayton faced Democratic opposition over his election stance and lack of intelligence experience.
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