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Asian markets follow US lead with gains
Asian markets follow US lead with gains
Economy
by  AFP

Asian markets posted modest gains in early Thursday trade, rebounding from previous losses after a strong lead from Wall Street. When trading kicked off in Asia, Tokyo was up by more than one percent, and Hong Kong was up by just over 0.3 percent.

Homelessness explodes in Canada as rents, housing prices soar
Homelessness explodes in Canada as rents, housing prices soar
Economy
by  AFP

Canada is gripped by a surge in homelessness that has seen tens of thousands of people priced out of rental and real estate markets and left to live in the streets of the wealthy nation. Real estate prices have become the main topic around the dinner table in recent months, and public opinion and opposition criticisms have forced governments to prioritize housing and cost of living concerns.

IMF, World Bank to tackle climate goals among reforms at annual meetings
IMF, World Bank to tackle climate goals among reforms at annual meetings
Economy
by  AFP

The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at their upcoming annual meetings in Morocco next week. "So we need to have a better mechanism for a faster resolution of the debt problem," she continued, urging world leaders to tackle the issue at the annual meetings. da-jmi-vog/dw

Disgraced crypto king pleads 'good faith' in US fraud trial
Disgraced crypto king pleads 'good faith' in US fraud trial
Technology
by  AFP

Two visions of Sam Bankman-Fried, the disgraced crypto king, clashed in a New York courtroom on Wednesday in the opening arguments of his blockbuster trial for fraud. Prosecutor Rehn indicated on Wednesday that she would testify at the trial and recount how "she and the defendant stole money from FTX customers".

Google's new phone to run AI on-device
Google's new phone to run AI on-device
Technology
by  AFP

Google on Wednesday said its latest premium-priced Pixel phone would have powerful generative AI models running independently on the device, as the search engine giant seeks to lure buyers away from the latest iPhone.