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  • 4h ago

    Magnitude 7.1 quake rocks Japan's Kumamoto; mall explosion traps dozens, one dead, over 90 injured

    A powerful earthquake struck southwestern Japan on Tuesday afternoon, collapsing part of a shopping centre and triggering a gas explosion that trapped 20–30 workers. A factory chimney also fell, burying 11, while one person was killed by a collapsing house.

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Today’s Brief

Kumamoto shakes, chips slide

Kumamoto rattles Asia as chip selloff and Iran pause test global nerves

A quake in Kyushu, wildfires in western Europe and a shaky pause around Iran set the day’s hard edge. Markets then added their own tremor, as chip investors questioned both Chinese progress and the circular financing of the AI boom.

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Other · Updated 1h ago

AI: capabilities, regulation, labour

New findings highlight the narrowing performance gap and significant cost advantage of Chinese and European open-weight models, shifting competitive dynamics and informing policy discussions on export controls.

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