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Bank of Japan Raises Interest Rates to 30-Year High, Signals More Hikes
In a landmark move, the Bank of Japan (BOJ) raised interest rates to 0.75%, the highest level in three decades, signaling its readiness for further rate increases as the country transitions away from decades of near-zero borrowing costs and massive monetary stimulus. The decision reflects the BOJ’s growing confidence that Japan can sustainably achieve its
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ByteDance Forms Joint Venture to Secure TikTok U.S. Operations Amid National Security Concerns
TikTok’s Chinese parent company, ByteDance, has signed binding agreements to transfer control of the popular short-video app’s U.S. operations to a consortium of investors, including Oracle, Silver Lake, and MGX, marking a major step toward avoiding a potential U.S. ban. The move aims to address longstanding national security concerns and ensure that U.S. user data
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Former NASCAR Driver Greg Biffle and Family Among Seven Killed in North Carolina Plane Crash
Tragedy struck the NASCAR community on Thursday as former NASCAR driver Greg Biffle and his family were among seven people killed in a plane crash at Statesville Regional Airport in North Carolina. The crash involved a Cessna C550 corporate jet, which went down while attempting to land around 10:20 a.m. local time (15:20 GMT). Details
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Thai Prime Minister Anutin Dissolves Parliament Amid Border Clashes and Political Turmoil
Thailand’s Prime Minister Anutin Charnvirakul has officially dissolved the country’s parliament, citing political instability, ongoing border clashes with Cambodia, and mounting domestic crises. A general election is now scheduled to take place within 45 to 60 days, marking a critical moment in Thailand’s recent political turbulence. Parliament Dissolution Amid Border Violence In a royal decree
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Cambodia Shuts Border Crossings with Thailand as Fighting Escalates Despite Ceasefire Claims
Cambodia has officially closed all its border crossings with Thailand as military clashes continue, despite earlier claims of a ceasefire brokered by US President Donald Trump. The ongoing fighting between Thai and Cambodian forces has led to significant casualties, mass evacuations, and growing concerns over regional stability in Southeast Asia. Cambodia Closes Borders Amid Renewed
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Thailand Bombs Near Cambodia’s Poipet Border Crossing Amid Escalating Clashes
Thailand has conducted airstrikes near the Cambodian border town of Poipet, a major crossing point and casino hub, as renewed clashes between Thai and Cambodian forces continue to escalate. The incident has intensified concerns about civilian safety and regional stability in Southeast Asia. Thai Airstrikes Target Logistics Centre Near Poipet According to Cambodia’s Ministry of
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Cambodia Counts the Cost of Escalating Border War with Thailand
The border war between Thailand and Cambodia has left deep scars, with Cambodia reportedly suffering far higher military casualties than its neighbour. The human, economic, and social costs are mounting, with hospitals in Cambodia filled with severely wounded soldiers. At Mongkol Borei hospital, the aftermath of the conflict is painfully evident. Soldiers with amputations and
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UK–South Korea Trade Deal to Boost Bentleys, Scottish Salmon, and Guinness Exports
The United Kingdom and South Korea have finalised a trade deal designed to increase exports of luxury goods including Bentley cars, Scottish salmon, and Guinness canned in Britain. The government described the agreement as an extension of the existing tariff-free trade deal covering most goods and services between the two nations. Officials said it would
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Three Arrested in Sri Lanka Over Wild Elephant Burning Incident
Police in Sri Lanka have arrested three men for allegedly setting a wild elephant on fire with torches while trying to chase it away from a village in the country’s north, local media report. A video of the incident circulated on social media this week, sparking widespread outrage. Despite receiving veterinary treatment, the male elephant
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South Korean President Proposes National Insurance Coverage for Hair Loss Treatment
South Korea’s newly elected President Lee Jae Myung has sparked a debate by suggesting that the country’s national health insurance should cover treatments for hair loss. Speaking to officials this week, President Lee argued that hair loss is no longer purely cosmetic. For many young South Koreans, he said, it has become “a matter of
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