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Asian markets mixed as traders eye US inflation data, earnings
Asian markets mixed as traders eye US inflation data, earnings
by  AFP

Asian markets diverged Tuesday as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a second Donald Trump presidency. Asian markets fluctuated in the morning.

Blue Origin eyes early Tuesday launch but weather an issue
Blue Origin eyes early Tuesday launch but weather an issue
by  AFP

Blue Origin, the space company founded by billionaire Jeff Bezos, hopes to launch its huge new rocket early Tuesday morning, but has flagged lousy overnight weather could mean a scrubbed lift-off for a second straight day.

Canadian insurers face record costs from 2024 extreme weather
Canadian insurers face record costs from 2024 extreme weather
by  AFP

Damage from extreme weather in Canada last year pushed the bill facing insurers to an unprecedented CAN$8.5 billion ($5.9 billion), the Insurance Bureau of Canada said Monday. Previously, the most costly year for Canadian insurers was 2016, when a massive wildfire in an Alberta oil region contributed to insured damage costs of CAN$6.2 billion.

Trump's return threatens resurgence of trade wars
Trump's return threatens resurgence of trade wars
by  AFP

Donald Trump's second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries -- in moves that could trigger new trade wars.

Operation to pull out illegal miners from abandoned S. African pit
Operation to pull out illegal miners from abandoned S. African pit
by  AFP

Rescuers on Monday hoisted seven illegal miners and at least four bodies from an abandoned South African gold mine amid claims that hundreds were still underground and many had died. Thousands of illegal miners, many of them hailing from other countries, are said to operate in abandoned mine shafts in mineral-rich South Africa.

Ubisoft bruised but not broken by 'Assassin's Creed' delay
Ubisoft bruised but not broken by 'Assassin's Creed' delay
by  AFP

French video game publisher Ubisoft's second delay to the next instalment of its flagship "Assassin's Creed" series forced it to lower financial forecasts, but the step is not uncommon in a sector where players' first impressions weigh heavy. Studio or publishing bosses nevertheless rarely take the decision to delay a game lightly, as it can impose serious financial costs.