Threat of AI share crash puts world financial stability at risk, says IMF
The Guardian •

Threat of AI share crash puts world financial stability at risk, says IMF

High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacksThe threat of an AI share price crash rippling out across global markets is putting world financial stability at risk, the International Monetary fund has warned.In its twice-yearly Global Financial Stability Report, the IMF highlighted the sky-high valuations for AI companies along with t...

Russia says Europe bought $320 billion in hydrocarbons since 2022
France 24 •

Russia says Europe bought $320 billion in hydrocarbons since 2022

Russia said on Monday that European Union countries had bought $320.7 billion worth of its energy resources since 2022, despite sanctions over the war in Ukraine. The figure fuelled tensions as European officials criticised a US deal to import Russian diesel, while Stockholm called for the bloc to use frozen Russian assets to boost support for Kyiv.

How a detour saved a Malaysian trekker from jaws of deadly Nepal floods

How a detour saved a Malaysian trekker from jaws of deadly Nepal floods

SCMP •

It was a detour that saved his life. Malaysian Low Hock Meng, a 71-year-old veteran trekker, had set off on his own in Nepal. He wanted to explore the Tamang trail, Langtang Valley and Gosaikunda. Along his journey, he made the decision to visit the Nagathali viewpoint for a glimpse of Tibet on August 25. Low then made his way down towards Thuman en route to Lingling in Nepal’s Bagmati province on...

Argentina temporarily closes Iguazu Falls after El Niño-fuelled surge in water levels

Argentina temporarily closes Iguazu Falls after El Niño-fuelled surge in water levels

The Guardian •

National park officials took the precautionary measure to limit tourist access after heavy rain caused the Iguazu River to flow at six times the normal rateHeavy rainfall fuelled by a supersized El Niño weather pattern briefly forced Argentinian authorities to close tourist access to the famed Iguazu Falls, amid fears that rapidly rising water levels would cause the river to burst its banks.Nation...

Vikki Campion, News Corp columnist and wife of Barnaby Joyce, begins role with NSW One Nation

Vikki Campion, News Corp columnist and wife of Barnaby Joyce, begins role with NSW One Nation

The Guardian •

Media adviser who married federal One Nation MP in 2023 confirms she has started working part-time for the party’s state executiveGet our new political email, free app or daily news podcastVikki Campion, the News Corp columnist and wife of the federal One Nation MP Barnaby Joyce, has begun working as an adviser for the party in New South Wales in the lead-up to the March state election.Campion, wh...

Bullet hole in door and DNA evidence scrutinised in Beau Lamarre-Condon double murder trial

Bullet hole in door and DNA evidence scrutinised in Beau Lamarre-Condon double murder trial

The Guardian •

Defence also cross-examines witness over postmortem examinations of Jesse Baird and Luke DaviesGet our breaking news email, free app or daily news podcastA bullet hole left in a bedroom door and DNA found in the barrel of the firearm have been scrutinised in court as Beau Lamarre-Condon’s double murder trial continues in Sydney.Lamarre-Condon, 31, has been accused of fatally shooting Jesse Baird a...

An antique teddy bear valued at $7,000-$8,000 in 1996 gets a $10,000 updated value in 2026

An antique teddy bear valued at $7,000-$8,000 in 1996 gets a $10,000 updated value in 2026

Times of India •

Buffy, a rare white Steiff teddy bear, was initially valued at $7,000 to $8,000 in 1996. An expert appraised her during the Antiques Roadshow in Denver, highlighting her distinctive features. After three decades, her updated auction value has increased to $10,000 for 2026. The bear’s excellent preservation and unique characteristics contributed to its higher valuation. Buffy remains a valuable col...

Australian politics live: Shoebridge calls AI committee a ‘farce’ after letter ‘vetted’ by PM’s staffer; fire ants in Sydney’s inner west

Australian politics live: Shoebridge calls AI committee a ‘farce’ after letter ‘vetted’ by PM’s staffer; fire ants in Sydney’s inner west

The Guardian •

Follow the day’s news liveGet our breaking news email, free app or daily news podcastRobert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serving more than five years in jail.Pether and his Egyptian colleague Khalid Radwan were detained in Baghdad in 2021 after flying in for a meeting with bank officials ...

Therapy dogs in high demand: Hong Kong programme booked out until February 2027

Therapy dogs in high demand: Hong Kong programme booked out until February 2027

SCMP •

A Hong Kong therapy-dog programme run by one staff member and 65 volunteers with their dogs is fully booked until February 2027, as demand from schools, hospitals and elderly homes continues to outstrip the available visiting slots. Animals Asia’s Dr Dog and Professor Paws programmes rely on volunteers who give up their time, shoulder much of the cost of transporting their dogs and return regularl...

‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

The Guardian •

IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation An International Monetary Fund scenario where global oil prices jump to $US130 a barrel over coming months could push Australian petrol prices up by another 30 cents and pile pressure on the Reserve Bank to hike interest rates, economists say.In its latest World Economic Outlook, the IMF ...

Chinese great-grandfather, 101, defies ageing with daily diet of Coke, Sprite, seafood

Chinese great-grandfather, 101, defies ageing with daily diet of Coke, Sprite, seafood

SCMP •

A Chinese centenarian leads a happy, healthy life despite a habit generally considered “unhealthy”, prompting curious reactions online. A 101-year-old great-grandfather in eastern China’s Zhejiang province recently went viral for his love of drinking large amounts of Coca-Cola and Sprite. While young people in China embrace healthy lifestyles – eating foods inspired by traditional Chinese medicine...

IMF warns global economy ‘could soon test the limits of resilience’

IMF warns global economy ‘could soon test the limits of resilience’

The Guardian •

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026Developing nations face triple shock, UN warnsThe global economy “could soon test the limits of resilience”, as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned.In its twice-yearly World Economic Outl...

Can Singapore engineer love on dating apps? From public service to private romance

Can Singapore engineer love on dating apps? From public service to private romance

SCMP •

For Singaporean civil servant Clare*, finding a suitable lifelong partner has been an uphill battle. Swiping on dating apps soon became a chore after multiple unsuccessful first dates, so when the government launched its own platform, the 32-year-old was all for it. “It’s like ‘Why not?’, and I think it does have a few screening procedures so it might save you some trouble like having to deal with...

'Breaking Bad' actor and disability activist RJ Mitte dies aged 34

'Breaking Bad' actor and disability activist RJ Mitte dies aged 34

France 24 •

"Breaking Bad" actor RJ Mitte, who played Walter White Jr. in the hit US television series, has died aged 34, his representatives said Monday. The actor, who lived with cerebral palsy, also became a prominent disability rights advocate, championing inclusion and representation in film and television.

Thailand’s deepening labour shortage roils harvest as unpicked fruits rot

Thailand’s deepening labour shortage roils harvest as unpicked fruits rot

SCMP •

Ripe mangosteen and rambutan hang unpicked from trees in eastern Thailand, where a shortage of migrant workers is forcing growers to decide which crops are valuable enough to harvest and which will be left to rot. For Jomsak Putirattana, who also grows durian in Chanthaburi province, the departure of his five Cambodian workers after a border dispute disrupted crossings has intensified competition ...