Asia: Markets edge back but Trump tariff fears dampen mood

Asia: Markets edge back but Trump tariff fears dampen mood

[HONG KONG] Asian markets mostly rose on Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish and gold hit another record high as Donald Trump prepares to unveil sweeping tariffs. Investors have been rushing to position themselves for the US president’s “Liberation Day” on Wednesday, when he warned…

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Insurers brush off impact of higher MediShield Life premiums

Insurers brush off impact of higher MediShield Life premiums

[SINGAPORE] Changes to MediShield Life, which kick in on Tuesday (Apr 1), may place some strain on insurance players who offer the associated Integrated Shield Plan (IP), but some industry players said they do not expect a significant impact on insurance businesses. But at least one insurer has implemented moves to mitigate the effects of…

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OpenAI finalizes a record $40-billion funding round

OpenAI finalizes a record -billion funding round

OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a $300-billion valuation, including money raised. The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook. The deal…

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Musk’s XAI deal offers unexpected win for X investors

Musk’s XAI deal offers unexpected win for X investors

Elon Musk just acquired the social network formerly known as Twitter for the second time in three years. Musk, the world’s richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform in an all-stock deal that values X at $33 billion, not including debt. The new joint entity,…

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EU Invests €1.3 Billion to Boost AI Adoption & Improve ‘Digital Competencies’

EU Invests €1.3 Billion to Boost AI Adoption & Improve ‘Digital Competencies’

Image: seventyfourimages/Envato Elements The EU is pouring €1.3 billion ($1.4 billion) over the next two years to accelerate the adoption of artificial intelligence technologies. The funding will support the development and testing of “immersive environments” to apply in healthcare for purposes like training and virtual patient assessments. The investment will also support the implementation of…

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Leong: Danielle Smith’s U.S. tariffs diplomacy needs a reset

Leong: Danielle Smith’s U.S. tariffs diplomacy needs a reset

Breadcrumb Trail Links Opinion Columnists It’s Danielle Smith’s job to advocate for Alberta in the face of Donald Trump’s unjustified tariffs. She just might want to rethink how she goes about doing it Published Mar 31, 2025  •  Last updated 2 hours ago  •  3 minute read You can save this article by registering for free…

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