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Tokyo soars on trade deal relief as Asian markets limp into weekend
Tokyo soars on trade deal relief as Asian markets limp into weekend
by  AFP

Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. Investors are now keeping tabs on talks between Washington and several other trading partners following the imposition Thursday of Trump's tariffs, with India and Switzerland scrabbling for a deal.

Trump offers data to justify firing of labor stats chief
Trump offers data to justify firing of labor stats chief
by  AFP

US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's commissioner of labor statistics to bolster his predecessor Joe Biden, presenting different figures in the wake of her firing. The revision infuriated Trump, who sacked commissioner of labor statistics Erika McEntarfer, who was confirmed in that role in January 2024.

OpenAI releases ChatGPT-5 as AI race accelerates
OpenAI releases ChatGPT-5 as AI race accelerates
by  AFP

OpenAI on Thursday released a keenly awaited new generation of its hallmark ChatGPT, touting "significant" advancements in artificial intelligence capabilities, as a global race over the technology accelerates. "It is a significant step toward models that are really capable," he said.