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DeepSeek's new AI model does not wow markets in fast-changing industry

Market reaction to DeepSeek's preview of its long-awaited next-generation artificial intelligence model has so far been subdued compared with the Chinese startup's outsized global breakthrough last year after the launch of its low-cost AI models.The release and overseas reception of DeepSeek-V3 and R1, which the Hangzhou-based company said were trained with a fraction of the computing power used by U.S. rivals, triggered a global tech share selloff as investors questioned the logic behind massive spending on AI infrastructure.That moment was widely viewed by analysts as a "black swan" event t

Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case

LNG tanker orders gain pace despite mixed outlook from Iran war

Asia|Political|World

Modi's BJP gains ground in India’s upper house after AAP lawmakers defect

Indian Prime Minister Narendra Modi’s BJP party strengthened its position in parliament’s upper house after seven opposition lawmakers joined it, a parliamentary list showed on Monday, a shift that could ease the government’s passage of legislation.All seven defectors are from the Aam Aadmi Party (AAP), led by one of Modi’s most high‑profile critics, Arvind Kejriwal. The party governs the northern state of Punjab and previously ran the national capital territory of Delhi.The defections leave the AAP with just three seats in the Rajya Sabha house, while Modi’s Bharatiya Janata Part

Adidas shares pop after beating Nike to sub-two-hour marathon milestone

King Charles jets to US for trip overshadowed by Iran quarrel and shooting

European shares steady as investors assess latest peace-talk setback

European shares were muted on Monday in a week packed with central bank meetings, with a further stall in U.S.-Iran peace talks weighing on investor sentiment and sending oil prices higher.U.S. President Donald Trump cancelled a trip by envoys to Iran war mediator Pakistan over the weekend, but sentiment was lifted after an Axios report that said Iran proposed reopening the Strait of Hormuz and postponing nuclear negotiations for later. Trump has said Iran could telephone if it wants to negotiate an end to their two-month war, but added that Tehran cannot have a nuclear weapon.With elevated o

ECB survey shows scant signs of second round inflation effects

Energy shock ripples through kitchens, forests and conservation in Africa and South Asia

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Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no circumstances” return to its previous state.Brent crude, the international benchmark, was up about 2.14% to $107.58. US crude was up 2.08% to $96.36.Iran’s president Masoud Pezeshkian told Pakistani Prime Minister Shehbaz Sharif that ongoing US actions were undermining trust and complicating paths to dialogue, according to Iran’s state broadcaster. The accusations come a week after Iran accused the United States of “breaches of trust” and once again closed the Strait of Hormuz.Pezesh

Crime|Political|US|World

Trump calls for unity and bipartisan healing after another violent incident. But will it last?

President Donald Trump was somberly contemplative and unusually conciliatory after confronting what he saw as a third attempt on his life in less than two years. He suggested that his personal politics had made him a repeated target, but he also called for unity and bipartisan healing in an increasingly violent world. “It’s always shocking when something like this happens. Happened to me, a little bit. And that never changes," a subdued Trump told reporters in a hastily organized news conference at the White House late Saturday. Only a short time before, a man

Visualizing the White House Correspondents’ Dinner shooting incident in maps

Suspected gunman at White House Correspondents’ Dinner raises questions about event’s security protocol

Crime|Political|US|World

Sound of gunfire carries eerie echoes of Reagan's shooting outside the same Washington hotel

When President Ronald Reagan left the Washington Hilton Hotel and headed for his waiting limousine on a gray March afternoon, he was exposed for mere seconds. That was all it took for a would-be assassin to take aim and fire. Reagan was hit in the chest and nearly died. Forty-five years later, another gunman is accused of trying to storm into the same hotel's ballroom during the White House Correspondents’ Association dinner on Saturday night. The suspect fired at least one shot, authorities said, before being subdued in a chaotic scene that forced the evacuation of President

Crime|Entertainment|US

Thuds, an eerie silence, then chaos at Trump dinner with White House journalists

The first indications that something had gone wrong at the 2026 White House Correspondents' Association dinner came around 8:35 p.m. on Saturday from a series of audible but mysterious thuds.Dinner chatter paused. The silence was broken when the doors crashed open to the giant ballroom at the Washington Hilton, where some 2,600 journalists and their guests - dressed with rare pomp in tuxedos and gowns - had just sat down for the salad courses and glasses of wine. President Donald Trump was seated with first lady Melania Trump, Vice President JD Vance and other dignitaries at a long head tabl

Prosecutors say suspect gave shifting accounts in Florida doctoral student killing case

Indiana GOP lawmakers defied Trump on redistricting. Now GOP voters may thwart his push for revenge

World News

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Business|Economy|Environment|Technology|World

The Iran war has the world buying more clean energy. China stands to benefit the most

The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.Chinese exports of solar technology, batteries and electric vehicles all reached record highs in March, according to energy think tank Ember, a sign that the historic oil supply shock is accelerating the adoption of clean energy around the world.After the US and Israel launched airstrikes against Iran in late February, the Iranian military effectively barricaded the Strait of Hormuz, cutting off about one-fifth of global oil and

Business|Economy|Finance|Stock Markets|World

Dollar steady as traders eye US-Iran talks, central banks

(Replace 'next week' with 'this week' in paragraph 14)By Stefano Rebaudo and Ankur BanerjeeApril 27 (Reuters) - The U.S. dollar was steady on Monday as wavering hopes of a deal to end the Middle East war left investors on edge ahead of a slate of central bank meetings later this week.The Japanese yen was pinned just beneath the crucial 160 level ahead of the Bank of Japan's policy decision later in the week.Sentiment got a lift overnight after Axios reported, citing sources, that Iran gave the U.S. a new proposal through Pakistani mediators on reopening the waterway and ending the war, with

Palestinian authorities call local elections in a Gaza community and the West Bank a success

What happened inside the ballroom when a gunman tried to breach Trump's night with the press

Election|World

Two former Israeli prime ministers join forces against Netanyahu in upcoming elections

Two Israeli political heavyweights on Sunday said they would join forces in elections scheduled for later this year in an effort to unseat longtime Prime Minister Benjamin Netanyahu. Naftali Bennett and Yair Lapid served as prime ministers in a rotation agreement as part of a coalition government they formed in 2021, ending 12 years of Netanyahu's rule. Now they plan to merge their parties into single faction headed by Bennett, calling it a partnership between the center and the right. Bennett said if elected, the new government on its first day would establish a s

Crime|Political|World

Trump calls suspect in press dinner attack 'pretty sick guy' whose views alarmed relatives

U.S. President Donald Trump said on Sunday that the suspect accused of trying to attack administration officials at a black-tie gala on Saturday night was a "pretty sick guy" who had been flagged to law enforcement by family members.Trump said in TV interviews that the suspect, whom an official identified as 31-year-old Cole Tomas Allen, of Torrance, California, had posted what Trump described as an "anti-Christian" manifesto."He was a Christian, believer, and then he became an anti-Christian, and he had a lot of change," Trump told CBS' "60 Minutes" program. "He was probably a pretty sick g