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Shares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.Trading on South Korea’s benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%. It fell further after the 20-minute halt was lifted to trade around 10% lower.The slump was led by technology firms, with Samsung Electronics and SK Hynix both falling by about 12%.It comes after AI chip giant Nvidia fell by 5% in New York on Monday, meaning it lost its position as the world’s most valuable listed company to Apple.The tech-heavy Kospi has been…

This is the danger zone. The period when one prime minister leaves office and the next takes over can inspire either dread or delight: a few days in which the country forms a gut reaction to the new government.One week on, Andy Burnham has well and truly ditched the slow fatalism that marked Keir Starmer’s early days in power, in favour of the message that help is on the way: from cost of living support to a pledge to end rough sleeping and Monday’s commitment to fix the social care system.But listen closely, and what’s striking about Labour 2.0 isn’t…

The alleged conspirators behind the failed plot to overthrow President Bola Tinubu’s government last year pictured themselves in power before their conspiracy was busted. Preparatory to their takeover, they cobbled together a three-point agenda meant for implementation, most likely on day one of their dream regime in power. The proposed agenda, which appeared to be at development stage, included a review of the removal of fuel subsidies by President Tinubu. Mr Tinubu announced an end to fuel subsidy payments as he took the reins of power at his inauguration in May 2023, immediately plunging millions of Nigerians into a stinging…

Before these Commonwealth Games, Jon McConnell made headlines for turning down the 13th season of Love Island. Now the Northern Irishman is one win away from a medal after defeating India’s Sumit Sumit to reach the 70kg quarter-finals in Glasgow.“I didn’t expect [the attention] at all,” he said. “Someone sent me the interview [about Love Island auditions] and I was a wee bit shocked. I didn’t even know I said half of it. It was after a sparring session and with the adrenaline I was just saying different stuff.“Now I am just going along with it a bit; the lads…

Tom Holland is swinging into his fourth Spider-Man film — and don’t expect it to be his last. At the Los Angeles premiere for Spider-Man: Brand New Day on Monday, the star reflected on his long journey with the character, telling The Hollywood Reporter, “There’s a family here at Marvel and Sony. We’ve been making these movies for 10 years and we’re all really good friends and we all still really love working with together and there’s a shorthand, there’s a collaboration, there is a shared love for this character that is Peter Parker. When we all get together, it…

Large, scented tomatoes are beginning to flood the markets near me, and their presence brings back memories of Mexico. On a trip up north to Ensenada, a famous fishing port, I became obsessed with the Spanish-style arroz dishes studded with fresh shellfish and seafood of every shape and size. The clams! The crab! On another trip, we sat by the sea for a birthday lunch with the waves crashing on to the sand, while we were presented with a grilled prawn arroz, where the grains were steeped in rich tomato and grilled prawn umami that it was giddying. A cold…

• Oil prices slide as US, Iran pause hostilities over Strait of Hormuz     •Shettima lauds AfDB as REA, SAPZ sign MoU on energy for agro-processing zones Deji Elumoye and Emmanuel Addeh in Abuja The African Development Bank (AfDB) has warned that an expected “super” El Niño weather event could cost African countries between $10 billion and $20 billion, reduce economic growth and force millions of people to leave their homes. El Niño is a naturally occurring climate pattern caused by unusually warm ocean temperatures in the central and eastern Pacific Ocean. Although it begins thousands of kilometres away from…

NewsFeedMalaysian police have detained more than 100 Rohingya refugees and asylum seekers who were seeking help from the UN after they were evicted from their homes. A rise in online hate speech and misinformation has led to more harassment of the group in Malaysia.Published On 28 Jul 202628 Jul 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

…Unveils digital complaint portal, call centre By Emeka Anaeto, Business Editor As the Federal Government pushes ahead with its comprehensive fiscal realignments, a critical missing link in the nation’s tax ecosystem has finally been plugged with the formal operationalisation of the Office of the Tax Ombud. The move is designed to safeguard corporate and individual taxpayers against administrative high-handedness while fostering a balanced social contract between the state and the taxpaying public. Speaking at an exclusive executive breakfast session with Senior Business Editors in Lagos, the Chief Executive/Tax Ombud, Dr. John Nwabueze, disclosed that the institutional tax arbiter is stepping into…

The Trump administration today exempted SpaceX’s Starlink routers from the Federal Communications Commission ban on foreign-made routers. A public notice issued by the FCC said Starlink routers received approval from the Department of War (also known as the Department of Defense). SpaceX’s exemption is good until February 1, 2028. The FCC kicked off an industry-wide scramble when it updated the Covered List to include all consumer-grade routers made at least partly outside the US, except those that are granted exemptions. The Covered List includes devices deemed to pose an unacceptable risk to national security. Given that routers are generally built…