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Asian markets diverge in thin trade, with AI impact in focus

Asian markets diverge in thin trade, with AI impact in focus

The Federal Reserve stood pat on interest rates, as expected, but did not offer hints on when it could resume cutting. Photo: OLIVIER DOULIERY / AFPSource: AFP Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China’s DeepSeek explosion … Read more

Australia says reliance on coal-fired power drops to record low

Australia says reliance on coal-fired power drops to record low

Energy authorities say quick action is needed to fill the gap left by shuttered coal-fired power stations. Photo: DAVID GRAY / AFPSource: AFP Australia’s reliance on coal-fired power stations has dropped to a record low, accounting for less than 50 percent of its electricity for the first time, the market operator said Thursday. Overall electricity … Read more

With China’s DeepSeek, US tech fears red threat

With China's DeepSeek, US tech fears red threat

The emergence of DeepSeek’s lower cost breakthrough particularly threatens US-based AI leaders like OpenAI and Anthropic, which have invested billions in developing leading AI models. Photo: JOEL SAGET / AFP/FileSource: AFP The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat … Read more

Ex-Imo Commissioner Fabian Ihekweme Admits To Spreading Falsehood, Apologises To Gov Uzodinma

Ex-Imo Commissioner Fabian Ihekweme Admits To Spreading Falsehood, Apologises To Gov Uzodinma

The former Commissioner for Foreign and International Affairs in Imo State, Fabian Ihekweme, has publicly apologised to Governor Hope Uzodinma for spreading false information against the state government. In a handwritten apology submitted to the police on January 27, Ihekweme admitted to fabricating allegations against the governor with malicious intent. He expressed remorse and pledged … Read more

2025 UTME: JAMB Lists Universities Candidates Should Not Apply to Study Law, Gives Reason

2025 UTME: JAMB Lists Universities Candidates Should Not Apply to Study Law, Gives Reason

JAMB has listed eight universities where candidates will not be admitted to study law for the 2025/2026 academic sessionTwo of the universities would not also be allowed to admit law students in the 2026/2027 academic calendarsAccording to the examination board, the universities have been informed and prospective 2025 UTME candidates are to take notes The … Read more

Deportation: Trump admin cancels protected status of Venezuelans

Deportation: Trump admin cancels protected status of Venezuelans

President Donald Trump’s administration said Wednesday it was revoking protection from deportation for more than 600,000 Venezuelans in the United States, as it highlights crime by a limited number of migrants. The people of this country want these dirt-bags out. They want their communities to be safe,” Secretary of Homeland Security Kristi Noem … Read more