AI stock values have seen a resurgence following an initial sell-off, which had wiped trillions from market valuations. The rebound indicates a shift in investor sentiment regarding the future of artificial intelligence development after the recent US election.
Japan has committed $10bn (£7.4bn) to aid its Asian neighbours, particularly those in Southeast Asia, in securing vital energy supplies, including crude oil, as the region grapples with disruptions from the ongoing Iran conflict. The initiative aims to stabilise supply chains and expand strategic stockpiles.
China's economy expanded by 5% in the first quarter, surpassing predictions, despite global disruptions caused by the ongoing US-Israel conflict with Iran and domestic challenges.
Daniel Duggan, a former US Marine pilot and Australian citizen, has lost his appeal against extradition to the United States. He is wanted by Washington on allegations of illegally training Chinese pilots, a claim he denies. The Federal Court decision paves the way for his removal to the US, where he faces up to 65 years in prison.
