China Stock Rally Takes Breather as Traders Weigh Support Steps

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China Stock Rally Takes Breather as Traders Weigh Support Steps
The benchmark CSI 300 Index was up 0.3% as of the mid-day trading break after swinging between gains and losses. If it ends Thursday higher, the gauge would be seeing an eight-session advance, the longest winning streak since July 2020. In Hong Kong, the Hang Seng China Enterprises Index climbed...

Musk’s X withholds accounts, tweets in India to obey orders

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Musk’s X withholds accounts, tweets in India to obey orders
X, formerly known as Twitter, said Wednesday it is withholding specific accounts and posts in India, action it said the firm disagrees with, in response to executive orders issued by the Indian government. Non-compliance with the executive orders, X said, would have subjected the firm to "potential penalties including significant...

BOJ to scrap negative interest rates in April, say over 80% of economists

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BOJ to scrap negative interest rates in April, say over 80% of economists
TOKYO (Reuters) -The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according to more than 80% of economists polled by Reuters, marking a long-awaited major shift from a global outlier central bank. Nearly the same proportion of economists, 76%, also expect the...

US heads back to the Moon — with a commercial spaceship

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US heads back to the Moon — with a commercial spaceship
One giant leap for the private sector? A Houston-based company is set Thursday to attempt to land America's first spaceship on the Moon in more than 50 years, as part of a new fleet of NASA-funded commercial landers intended to pave the way for astronauts to return to Earth's celestial...

A brief history of famous Moon landings — and failures

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A brief history of famous Moon landings — and failures
A spaceship built by a company in Texas is poised for lunar touchdown on Thursday, returning America to the Moon after more than five decades in what promises to be a historic first for the private sector. Here's a look back at notable attempts -- both successful and unsuccessful --...

Massive leak shows Chinese firm hacked foreign govts, activists: analysts

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Massive leak shows Chinese firm hacked foreign govts, activists: analysts
A Chinese tech security firm was able to breach foreign governments, infiltrate social media accounts and hack personal computers, a massive data leak analysed by experts this week has revealed. The trove of documents from I-Soon, a private contractor that competed for Chinese government contracts, shows that its hackers compromised...

Drifting with purpose: sports car enthusiasts rally in Afghanistan

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Drifting with purpose: sports car enthusiasts rally in Afghanistan
Mechanic Zabiullah Momand revs his sports car engine outside his garage in Afghanistan's capital Kabul before letting it settle back to a purr, the cherry red twin-turbo machine pristine in a dented Mercedes Benz skeleton. "I own the only 2JZ engine in Afghanistan," he told AFP, standing next to the...

Reddit plans to reserve shares for its big users in IPO, WSJ reports

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Reddit plans to reserve shares for its big users in IPO, WSJ reports
(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported on Wednesday. It aims to reserve an as-yet-undetermined number of shares for 75,000 of its most prolific so-called redditors when it goes public next month, the report...

Sam Bankman-Fried to stick with new lawyers despite possible conflict

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Sam Bankman-Fried to stick with new lawyers despite possible conflict
NEW YORK (Reuters) -Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX, appeared in court on Wednesday for the first time since his November fraud conviction and confirmed he wanted to stick with new lawyers despite a possible conflict of interest. Bankman-Fried, 31, in January hired defense lawyers Marc...

New Arm offering to speed creation of custom data center chips

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New Arm offering to speed creation of custom data center chips
(Reuters) - Arm Holdings on Wednesday released a new set of blueprints for making chips that it says could cut the time required to develop data center processors to less than a year. Arm, whose underlying technology is widely used in the semiconductor industry and powers virtually every smartphone in...