Anwar warns against AI power concentration
Prime minister says a small group of actors controls the AI infrastructure, models, platforms, and standards that much of the world depends on.
"ACTORS" · 총 386건
필터 보기현재 지수
49.5
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 77,574건을 분석한 결과, 뉴스 심리지수는 49.5(균형)입니다. 긍정 9,634건(12.4%)·중립 56,070건(72.3%)·부정 11,870건(15.3%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 19.8(중도 균형)입니다.
Prime minister says a small group of actors controls the AI infrastructure, models, platforms, and standards that much of the world depends on.
Plus factors in Japan and PH relations, now elevated to comprehensive strategic partnership
Asian stocks rebounded from their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated.The Kospi Index, the world’s best-performing gauge this year on the back of AI trade, gained 4.4% and the Nikkei rose 0.9%. That sent the broader MSCI Asia Pacific Index higher by 0.9%, following three days of losses spurred by factors including bets for an interest-rate hike by the Federal Reserve.Advances in Asia came after Wall Street gauges recovered, with chipmakers such as Nvidia Corp. and Micron Technology Inc. climbing. Intel Corp. shares rose the most in a month after the Information reported that Alphabet Inc.’s Google will use it to make chips.Brent crude traded steady at around $94.40 per barrel. The commodity pared much of its advance in the previous session as Iran and Israel pledged to ease strikes that threatened the peace talks in the Middle East.131599215After a brief interruption to the rally that propelled stocks to record highs, investors returned to risk assets during the New York session, signaling confidence that the bull market remains intact. The recovery was aided by easing geopolitical concerns and renewed demand for AI shares after last week’s steep decline.“Markets rarely move in a straight line at the pace seen since the March lows,” according to Morgan Stanley’s Mike Wilson, who maintained his constructive outlook, supported by earnings and strong economic data. “A correction was inevitable and ultimately healthy if this bull market is going to extend into year-end.” Meanwhile, Iran and Israel agreed to ease strikes against each other after a flare-up in violence threatened to derail peace negotiations and led President Donald Trump to appeal for de-escalation.Attention remains focused on whether energy flows will resume meaningfully via the Strait of Hormuz. A trickle of commercial shipping returned to the waterway over the weekend, even as the risks prompted some vessels to travel with their digital transponders switched off.Oil prices and their impact on inflation are key factors traders are watching after Friday’s blowout payrolls report reinforced bets on a rate hike. The May consumer price index due Wednesday is expected to jump by 4.2% from a year earlier — the highest rate in more than three years. But the core CPI is seen cooling slightly on a monthly basis — potentially providing a welcome signal to Fed officials. Meantime, Citigroup Inc. strategists led by Scott Chronert raised their year-end target for the S&P 500 after a “big step up” in earnings expectations.“We do not expect investors to lose confidence in the AI outlook,” said Mark Haefele at UBS Global Wealth Management. “Although tech stocks have come under pressure in recent days amid concerns about whether expectations can be met, business fundamentals remain strong.”Not everyone was as bullish. Investors should exercise caution regarding US stocks as an increasing number of “bear market signposts” point to an approaching top, according to Bank of America Securities.There are “too many red flags,” strategists led by Savita Subramanian wrote in a note dated June 5. “Take profits,” they said.
The President has approved the conferment of 131 Padma awards this year, including to actors Mammootty and R. Madhavan, as well as the late Satish Shah, whose kin will receive the honour posthumously
Over the past decade, GoI has expanded investments in solar power, wind energy, transmission infrastructure and pumped hydro storage. Electric mobility initiatives and domestic battery manufacturing programmes are also being promoted as part of a broader strategy to reduce oil dependence.Recent geopolitical developments in the Gulf, which largely supply India's crude and LPG needs, have brought renewed focus to nuclear energy as a stable domestic source for baseload electricity. A milestone in India's nuclear programme was achieved in April, when a prototype fast-breeder reactor (PFBR) at Kalpakkam in Tamil Nadu attained first criticality. Developed indigenously by Bharatiya Nabhikiya Vidyut Nigam Limited (BHAVINI), the 500 MWe reactor marks India's formal entry into the second stage of its 3-stage nuclear programme envisioned by Homi Bhabha.Also a welcome development is the latest news of GoI reportedly considering measures that include assured power purchase agreements (PPAs), to attract private sector investments in the nuclear energy sector. It is also reportedly preparing to notify rules under SHANTI (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) Act 2025.India's nuclear strategy has been designed around the country's resource profile. While it has limited uranium reserves, it possesses some of the world's largest thorium deposits. The 3-stage programme was conceived to enable large-scale utilisation of thorium for power generation.Thorium is not a fertile or fissile material, and has to be converted to fissile Uranium-233 in a FBR. The third stage aims to use U-233-based reactors for sustained energy generation. PFBR is important for the eventual thorium utilisation. India's thorium reserves, largely located in coastal monazite sands in Kerala, Tamil Nadu, Andhra Pradesh and Odisha, are seen as a potential long-term strategic energy resource.Another significant development came with the passage of the aforementioned SHANTI Act last December. It modernises India's nuclear legal and regulatory framework, and allows limited private sector participation in nuclear projects.Traditionally, India's nuclear sector has been dominated by state-controlled entities. The Act is intended to streamline approvals, encourage investment, and support domestic manufacturing and technological partnerships. Reforms reflect recognition that achieving large-scale nuclear expansion will require both public and private participation.Bhabha Atomic Research Centre (Barc) is developing several advanced reactor designs, including 200 MWe Bharat Small Modular Reactor (BSMR-200), 55 MWe SMR-55, and a high-temperature gas-cooled reactor (HTGR) intended for hydrogen production. SMRs are expected to be modular, with modules produced under controlled conditions in a factory and assembled at the site in a short time. They are also expected to be safer, making them acceptable to the public.GoI has indicated that at least 5 indigenously designed SMRs will become operational by 2033. India has set a long-term target of achieving 100 GW of nuclear power capacity by 2047. At present, the country's installed nuclear capacity stands at about 8.7 GW, contributing around 3% of total electricity generation. Coal continues to account for nearly 70% of electricity production. Achieving the 100 GW target would require substantial expansion in infra, manufacturing, financing and human resources.The Strait of Hormuz disruption has reinforced the importance of diversifying India's energy mix and reducing exposure to external supply shocks. The current policy direction reflects a combination of RE expansion, electrification, domestic manufacturing and renewed emphasis on nuclear power.The broad objective of improving energy security through a diversified and domestically supported energy system must remain a central policy priority. RE, along with energy storage required to balance it, remains the major first step. Electricity can substitute fossil fuels in many sectors. Coal can be replaced by nuclear as a baseload supplier.Nuclear projects involve high upfront capital costs and long construction timelines. Land acquisition and public acceptance remain sensitive issues. Waste management, safety regulation and development of skilled technical manpower will require sustained institutional support.Thorium-based technologies, although strategically important for India, have not yet been deployed commercially at scale in the world. Policymakers will need to balance investments across nuclear, solar, wind, storage and grid modernisation to ensure affordability and energy security.SHANTI Act, PFBR, investment in SMRs and increased private participation suggest that nuclear energy may play a larger role in India's long-term energy strategy than anticipated. We need an integrated policy framework to achieve energy aatmanirbharta.Saini is senior research analyst, and Parikh is chairman, Integrated Research and Action for Development (IRADe), New Delhi
Contractors under the All Indigenous Contractors Association of Nigeria (AICAN) on Monday rejected claims that the Federal Government had disbursed N700 billion to their members, insisting that most outstanding payments remain unsettled. The post Contractors debunk FG’s N700bn claim, resume protest at Finance Ministry appeared first on Vanguard News.
The HBO Max pilot “How to Survive Without Me” has added four new actors in guest roles, Variety has learned exclusively. Kevin Changaris (“Succession”), Pressley Hosbach (“Erin & Aaron”), Dar Zuzovsky (“Vanished”), and Sofía Rodríguez-Toymil have all joined the pilot. They join previously announced cast members: Ray Romano, Joshua Jackson, Kaley Cuoco, Julia Schlaepfer, Jack […]
Expecting any level of ideological consistency from partisan political actors is a fool's errand; even so, the amount of sheer hypocrisy generated by the Graham Platner scandal is striking.
Why are the US and Iran unable to achieve peace? Is Israel the main reason behind the deadlock? And most importantly, is Bharat prepared to face the direct impact of the ongoing West Asia conflict?In this explainer, we break down the key factors behind the US-Iran peace deadlock, Israel’s role in the crisis, Donald Trump’s possible peace options, and why the Bab-Al-Mandeb Strait is so crucial for global trade and the world economy.The discussion also focuses on India’s preparedness as tensions in West Asia threaten oil supplies, shipping routes, inflation, energy security, Indian workers in the Gulf, and trade flows. With the Strait of Hormuz and Bab-Al-Mandeb becoming major flashpoints, Bharat’s diplomatic and economic strategy is under close watch. n18oc_the-right-stand n18oc_india n18oc_world News18 Mobile App - https://onelink.to/desc-youtube
According to the statement signed by Mary-Ann Duke, the senior special assistant on communication and press secretary to the minister of finance, contractors with verified claims of N100 million or below were given priority in the latest round of disbursement. The post Federal Government approves payments for 1,240 contractors across ministries and agencies appeared first on Premium Times Nigeria.
China's growing use of AI-generated actors and digitally replicated performers is raising concerns over performers' rights, as some actors say they are being pressured to authorize the use of their facial data for AI training or risk losing work, according to media reports.
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This interview is part of Variety and CNN’s Actors on Actors series. Watch the full video interview now at CNN.com/Watch (or on the CNN app) and on Variety’s YouTube channel starting at 11:59 p.m. ET. Bowen Yang and Rachel Sennott first met as young, eager, internet-savvy members of Brooklyn’s alternative stand-up scene, who didn’t fit into […]
Just as armies once relied on pinpoint missiles, hostile actors now use pinpoint tweets, curated posts and targeted Instagram content, says Shishir Gupta
The continued rise in leverage among retail and high-net-worth investors through derivatives and margin trading facilities (MTFs) remains a key concern for the market, S Naren, Executive Director and CIO of ICICI Prudential AMC said at ICICI Securities India Investor Conference 2026.While there has been significant discussion around the sustainability of mutual fund inflows and SIP contributions, Naren believes leverage in the derivatives market poses a much bigger risk than any moderation in mutual fund investments.Also Read | Sensex down over 10K points from Dec peak. Should investors buy the dip, hold positions, or wait on sidelines? "The level of leverage in the derivatives market and the amount of margin trading funding taken from brokers have continued to increase. That is a concern because leverage among retail and HNI investors is rising," he said.According to Naren, even if SIP inflows witness a marginal slowdown, it is unlikely to pose a significant challenge as mutual fund investors are typically long-term participants who invest without leverage. In contrast, derivative traders often operate with borrowed money, increasing risks during periods of market volatility.He noted that margin trading facility exposure is currently at its highest-ever level, highlighting the growing appetite for leveraged market participation.Against this backdrop, Naren sees an interesting contrarian opportunity emerging in segments that have witnessed relentless foreign institutional investor (FII) selling over the last 20 months."If you look for something contrarian today, it would be stocks where FIIs have been persistent sellers over the last 20 months," he said.Among these, private sector banks stand out as one of the most attractive investment opportunities for long-term investors, according to Naren.He believes private banks could emerge as the best-performing sector over the next three years. One key reason is the significant reduction in foreign ownership resulting from sustained FII selling.Also Read | Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposed "FIIs used to have nearly 40% of their India portfolios allocated to private banks. Whenever they wanted to reduce exposure to India, private banks became the natural source of liquidity," Naren explained.As a result, FIIs have consistently sold private banking stocks over the last 20 months, creating a valuation opportunity for long-term investors willing to take a contrarian view.Beyond equities, Naren remains optimistic about India's debt markets following recent policy measures aimed at improving foreign investor participation.According to him, two critical factors that influence foreign investment in debt markets—currency stability and taxation—have both moved decisively in India's favour."In debt, there are two factors: currency and taxation. Both have turned very positive, which significantly improves India's attractiveness," he said.Naren believes these developments improve India's chances of gaining inclusion in global bond indices such as the Bloomberg Global Aggregate Bond Index and have contributed to a highly optimistic mood in the domestic debt market.He pointed out that bond yields have moved well below policy rates in several segments, particularly in three-year corporate bonds, creating attractive investment opportunities.However, Naren cautioned that the global fixed-income environment today is very different from what prevailed during the 2013 taper tantrum period.At that time, interest rates across much of the developed world were close to zero, making India's bond yields highly attractive to international investors. Today, investors can earn meaningful returns even in developed-market government bonds."US 30-year government bonds are yielding around 5%, and even Japanese government bond yields are at levels not seen for decades," he said.As a result, the yield differential between India and developed markets has narrowed significantly compared with 2013.Also Read | Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do? While India has strengthened its macroeconomic position considerably over the past decade, global investors now have a wider range of attractive fixed-income options available to them.Naren also highlighted the relatively small size of foreign portfolio investor exposure to Indian debt compared with equities.According to him, FPI debt investments remain only a fraction of FPI equity allocations. In contrast, foreign investors had built substantial equity positions in India during a period when domestic valuations traded at significant premiums to other emerging markets.He noted that Indian equities became exceptionally expensive after 2023 as domestic investors increasingly channelled savings into equities rather than debt."Valuations in India reached levels that were several times higher than markets like China. In such an environment, FIIs logically chose to reduce equity exposure," he said.At the same time, India has historically adopted a cautious approach towards opening its debt markets to foreign investors.Naren believes this measured approach has helped preserve financial stability while gradually increasing foreign participation in government securities.With improving debt market fundamentals, supportive policy measures, and attractive opportunities emerging in sectors overlooked by foreign investors, Naren sees both fixed income and select equity segments offering compelling opportunities for long-term investors.Commenting on the recent correction in Kospi, Naren said that it is a healthy correction but even now I don't think on market cap terms it is cheap.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
The Federal Government has approved payments to more than 1,240 local contractors as part of efforts to settle verified outstanding obligations and support business activities across the country. The post FG approves payments to 1,240 contractors, processes over N700bn claims appeared first on Vanguard News.
The return of the NBA Finals to New York on Monday comes with a “heightened risk of attention by malicious actors," according to a New York Police Department assessment obtained by ABC News.
The government on Monday announced plans to expand a scheme that allows Guangdong residents to drive to Hong Kong to eventually cover the entire province. Starting July 25, five more Greater Bay Area (GBA) cities – Shenzhen, Foshan, Dongguan, Huizhou and Zhaoqing – will be included in the "Southbound Travel for Guangdong Vehicles” arrangement, allowing approved vehicles entry into Hong Kong. Under the newly launched “Park & Visit” service, motorists from the province can leave their vehicles in automated car parks at the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port and then enter urban areas in the SAR with local public transport. Applications open at 9am on July 16. Motorists can also apply for the existing “Park & Fly” service, under which they can park their vehicles and transfer directly to an overseas flight at Hong Kong International Airport without having to go through SAR immigration. This expansion means the southbound travel scheme will now cover nine mainland GBA cities. Officials said the target is to expand the scheme to all 21 Guangdong cities by the first quarter of next year. The daily quota of cars permitted to enter Hong Kong urban areas under the scheme will be doubled to 200, also starting July 25, but their stay will still be limited to three days. Officials stressed that the scheme has been operating in a smooth and orderly manner since its inception half a year ago. As of the end of last month, about 8,400 applications for entry into Hong Kong urban areas had been approved, with a total of 6,700 bookings made. Officials stressed that they had taken into account port operations, overall road traffic conditions, user feedback and public adaptation before making the expansion decision. In a statement, Secretary for Transport and Logistics Mable Chan expressed gratitude to her Guangdong counterparts and the central government for facilitating the expansion of the scheme. “The SAR government will continue to take forward the southbound travel scheme, enabling the inflow of additional tourists from more mainland cities ... to help drive Hong Kong's economic growth, and promote the integrated development of Guangdong and Hong Kong to a new level," she said. The chairman of the Legislative Council's transport panel, Ben Chan, welcomed the decision to expand the scheme to cover more GBA cities. However, he said improvements can be made before expanding the scheme to the whole of Guangdong. “These factors include our city’s development, and whether there is an explicit growth in the number of parking spaces," Ben Chan said. "On the other hand, regarding our border checkpoint facilities, there are constant traffic jams at the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge, especially during peak seasons. These facilities all need improvement.” Edited by Tony Sabine
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