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Global Markets Steady as Trump's Tariff Targets Asia; Yen Drops on 25% Duties

Global markets were largely steady on Tuesday, responding in equilibrium to new U.S. tariffs on goods from Asia. The president has notified 14 countries that tariffs will increase to as much as 25 percent. Japan and South Korea were subjected to the measures, but the EU was exempted and is close to a deal. Investors anticipate more trade discussions before the Aug. 1 deadline, which is helping keep markets steady for the time being.
Jul 8, 2025
By Anshul Panda
Former Russian Transport Minister Roman Starovoit

Russian Transport Minister Roman Starovoit Found Dead with Gunshot Wound, Hours After Sudden Dismissal by Putin Amid Corruption Probe

Only hours after President Putin had sacked the official, Russian Transport Minister Roman Starovoit was discovered dead. Aides say that his apparent suicide was a reaction to mounting pressure over war-related scandals and a wide-ranging corruption investigation in Kursk. Facing drone attacks and leaks atop a collapsing sector, Andrei Nikitin was appointed his successor, in another sign of growing divisions inside Putin's government.
Jul 8, 2025
By Anshul Panda
Ruoming Pang joins MSL

Who Is Ruoming Pang? Apple's AI Chief Joins Meta's Superintelligence Lab

Ruoming Pang, who currently leads Apple's foundation AI models, is leaving to join Meta's Superintelligence Labs. Pang's departure underscores challenges in Apple's AI division and Meta's aggressive bid for AI supremacy. Pang's move and more high-profile hires have helped Meta evacuate its position in AI leadership — as Apple has had to take a step back and sort out its own AI story in the shadow of internal shifts and a stagnation in innovation.
Jul 8, 2025
By Anshul Panda
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Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities

By IBTimes SG Desk