Latest News

Eyes on Bank of Japan as unions announce wage hikes
Eyes on Bank of Japan as unions announce wage hikes
Economy
by  AFP

The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy. Its announcement will be closely watched by economists looking for signs that the Bank of Japan could soon scale back its long-standing monetary easing policies.

Netherlands to select future attack submarines
Netherlands to select future attack submarines
Economy
by  AFP

The Netherlands was set to announce Friday who it has chosen for a multi-billion-euro contract to build four submarines for its navy, with a consortium headed by France's Naval Group favoured over German and Swedish rivals. The contract would be worth between 4 billion and 6 billion euros ($4.4-6.5 billion), according to newspaper De Telegraaf.

Cancer patients in the Philippines falling for alternative 'cures'
Cancer patients in the Philippines falling for alternative 'cures'
Technology
by  AFP

Filipino single mother Mary Ann Eduarte delayed chemotherapy for her breast cancer for several years and instead took food supplements falsely promoted on social media as cures for the deadly disease. Eduarte is one of many Filipinos duped by medical misinformation flooding the social media platforms where they rank among the world's heaviest users.

Asian markets sink on rate worries as US inflation surprises
Asian markets sink on rate worries as US inflation surprises
Economy
by  AFP

Asian markets sank in line with Wall Street on Friday after a sharper-than-expected jump in US wholesale prices dealt a blow to hopes for interest rate cuts. The bank's dot plot estimates for rates through the rest of the year will also be closely examined, with markets pricing in three cuts -- in line with policymakers' most recent forecasts.

The Gen-Z students at the heart of Vietnam's chip plans
The Gen-Z students at the heart of Vietnam's chip plans
Technology
by  AFP

Nguyen Phuong Linh is among a crop of young electronics students crucial to Vietnam's ambitions to become a chips hub. Vietnam is currently producing just 500 qualified engineers per year, according to Nguyen Duc Minh, a professor of integrated circuit (IC) design who teaches Linh.