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Asian markets mostly lower as traders await fresh data
Asian markets mostly lower as traders await fresh data
Economy
by  AFP

Asian markets began Tuesday mostly lower after record-setting gains last week, with traders eyeing the release of fresh economic data this week that could offer a better sense of when central banks may cut rates. But US markets fell on Monday, and Asian equities started this week with a "more cautious demeanour", Stephen Innes, managing partner of SPI Asset Management, said in a note.

Japan inflation falls to 2% in January
Japan inflation falls to 2% in January
Economy
by  AFP

Japanese consumer inflation slowed for the third straight month to 2.0 percent in January, government data showed Tuesday. Japan's economy shrank an adjusted 0.1 percent quarter-on-quarter in the last three months of 2023, missing market expectations of 0.2 percent growth, according to government data released earlier this month.

Cuban cigar exports soar amid demand for luxury goods
Cuban cigar exports soar amid demand for luxury goods
Economy
by  AFP

International sales of Cuban cigars, the island nation's most emblematic export, soared 31 percent last year as global demand rises for luxury products, the country's main tobacco exporter said Monday. The sale is a boon for the Cuban economy, which retracted two percent last year amid its worst crisis in three decades.

Argentina authorizes Starlink, rival Amazon Kuiper
Argentina authorizes Starlink, rival Amazon Kuiper
Technology
by  AFP

Argentina on Monday gave authorization for the deployment of Starlink, the satellite internet service of Elon Musk -- a fan of the South American country's self-styled new "anarcho-capitalist" President Javier Milei. According to the Starlink website, its satellite internet service will be available in Argentina in the second quarter of 2024.

US Supreme Court hears challenges to social media laws
US Supreme Court hears challenges to social media laws
Technology
by  AFP

The US Supreme Court, in a case that could determine the future of social media, heard arguments on Monday about whether a pair of state laws that limit content moderation are constitutional. The nine-member Supreme Court voted narrowly to suspend the controversial laws until it heard Monday's oral arguments, which lasted nearly four hours. cl/dw