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Climate crisis revives Soviet hydro plan in Central Asia
Climate crisis revives Soviet hydro plan in Central Asia
by  AFP

Central Asian countries are setting rivalries aside to build a giant hydroelectric plant originally planned in Soviet times, a bid to strengthen energy and food security and mitigate the effects of climate change. The Eurasian Development Bank said that "building new hydroelectric power stations while renovating existing ones will mitigate the impact of climate change".

North Korea behind $1.5 billion crypto theft, FBI says
North Korea behind $1.5 billion crypto theft, FBI says
by  AFP

The US Federal Bureau of Investigation on Wednesday accused North Korea of being behind the theft of $1.5 billion worth of digital assets last week, the largest crypto heist in history. "(North Korea) was responsible for the theft of approximately $1.5 billion USD in virtual assets from cryptocurrency exchange, Bybit," the FBI said in a public service announcement.

Asian markets mixed after latest Trump tariff threat
Asian markets mixed after latest Trump tariff threat
by  AFP

Asian markets fluctuated Thursday as investors tried to assess US President Donald Trump's latest tariffs salvo, while earnings from chip titan Nvidia failed to impress, despite another record performance.

7-Eleven owner shares plunge as family buyout fails
7-Eleven owner shares plunge as family buyout fails
by  AFP

Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its founding family failed to put together a white-knight buyout. - 'Grossly undervalued' - With around 85,000 outlets, 7-Eleven is the world's biggest convenience store brand.

Tesla owners sour on Musk's venture into US politics
Tesla owners sour on Musk's venture into US politics
by  AFP

Tom Blackburn was so proud of his Tesla, he even bought one in bright red to stand out. "I'm just a little embarrassed to be driving it at this point," retired attorney Blackburn told AFP of the Tesla he bought more than a decade ago.

US Fed will 'adapt' to any policy changes, Chicago's Goolsbee says
US Fed will 'adapt' to any policy changes, Chicago's Goolsbee says
by  AFP

The US Federal Reserve will "adapt" to policy changes made by the administration of US president Donald Trump, but would struggle to "disentangle" how those changes affect inflation from other factors impacting the American economy, a senior bank official said Wednesday.