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Asian shares mostly slip amid lingering omicron worries

Asian shares mostly slipped Wednesday, as worries lingered about the coronavirus omicron variant’s potential damage to the regional economy following mixed cues from Wall Street. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 28,809.86. South Korea’s Kospi slipped 0.9% to 2,993.38, while Australia’s S&P/ASX 200 jumped 1.2% to 7,510.80. Hong Kong’s Hang Seng […]

Asian shares mixed as omicron worries crimp market optimism

Asian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron variant of the coronavirus. Japan’s benchmark Nikkei 225 jumped 1.4% to finish at 29,069.16. South Korea’s Kospi gained 0.5% to 3,015.63. Hong Kong’s Hang Seng recouped early losses to edge […]

Asian markets bounce back from omicron sell-offs

Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and other benchmarks in Asia also were higher. Much of the concern over the outlook has been driven by […]

Asian shares mostly lower after tech-led retreat on Wall St

Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]

U.S. wins appeal in Julian Assange extradition battle

In its bid for Julian Assange extradition, the U.S. government won on Friday an appeal in its year-long battle to involve the WikiLeaks founder in litigation, to face charges of espionage for publicizing confidential documents from the State Department. In January, the UK high court ruled that the founder will not be expedited for the […]

Q&A: Radian Arc CEO taps cloud gaming to become the champion of the 5G era

As the world grows ever more digitalized, infrastructure has been thrust into the limelight; and with the relative emergence of 5G, smart city development, and cloud gaming around the world, the need for Infrastructure-as-a-service (IaaS) companies continues to exponentially grow. According to a recent report by ResearchandMarkets, the IaaS market is expected to reach $74.63 […]

Instagram Launches Tool Urging Teens to Take a Break

Instagram on Tuesday launched a feature that urges teenagers to take breaks from the photo-sharing platform and announced other tools aimed at protecting young users from harmful content on the Facebook-owned service. The previously announced “Take A Break” feature encourages teens to stop scrolling if they have been on the social media platform for a […]

Austin: Allies, innovation key to US competition with China

The Pentagon intends to work better with private industry to develop high-tech systems and to strengthen relations with allies in the Indo-Pacific region in order to maintain a competitive edge over China, Defense Secretary Lloyd Austin said Saturday. Speaking at the Reagan National Defense Forum in California, Austin said recent military activity and aggressive moves […]