Pakistan, IMF reach staff-level deal to release $1.1bn from bailout package
The funds are the final tranche of a $3bn programme agreed upon last year to avert a default, as Islamabad seeks another long-term bailout.
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US Air Force says it conducted successful hypersonic weapon test in Pacific
The US Air Force said on Tuesday it had conducted a successful test of an air-launched hypersonic weapon in the Pacific Ocean.
Malaysia’s king slams mini-mart chain in rare royal rebuke over ‘Allah’ socks
Malaysia’s king on Tuesday condemned a convenience store chain and called for an investigation after several pairs of socks emblazoned with “Allah”, which means God in Arabic, were found for sale in one of its stores.
Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil
HOUSTON — Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the "fantasy" of phasing out oil and gas, as demand for fossil fuels is expected to continue to grow in the coming years.
Philippines sees up to $8b of investments in casino sector in next 5 years
MANILA — Foreign and domestic firms are expected to invest much as US$6 billion (S$8 billion) in the Philippines' casino sector in the next five years, the head of its gaming regulator said, bolstering its status among Asia's top gambling destinations as competition increases.
TSMC, Intel suppliers delay U.S. plants on surging costs, labor crunch
TAIPEI -- At least five suppliers to Taiwan Semiconductor Manufacturing Co. and Intel have delayed construction of facilities in Arizona, a sign that rebuilding America's chip supply chain is a bigger challenge than expected.
Nvidia unveils Blackwell GPU for AI as successor to Hopper chip
SAN JOSE, California -- Nvidia has unveiled its latest GPU for artificial intelligence computing, as the U.S. company looks to further cement its grip on the global market for AI chips.
Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale
The idea of using pre-assembled components in housebuilding is far from new.