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Asian shares rise in subdued holiday trading, as US futures jump

TOKYO, May 1, 2025 (AP) — Asian shares advanced Thursday, with many markets in the region closed for Labor Day holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains. Uncertainty about what President Donald Trump’s trade war will do to the U.S. economy remains a key focus for investors. Japan’s benchmark Nikkei 225 rose 0.9% to 36,359.24 after the Bank of Japan decided to keep its benchmark interest rate unchanged as worries continue to grow about the impact of Trump’s policies. Australia’s S&P/ASX 200 edged up less than 0.1% to 8,137.40. On

Gold retreats as trade tensions ease; US payrolls data on tap

May 1(Reuters) – Gold was subdued on Thursday as the dollar’s strength and easing trade tensions dulled the metal’s safe-haven allure, while investors looked forward to the U.S. non-farm payrolls report due this week. Spot gold fell 1.4% to $3,240.66 an ounce as of 0207 GMT. U.S. gold futures lost 2.1% to $3,248.60. The dollar index rose 0.3% against its peers, making gold less attractive for buyers holding other currencies. U.S. President Donald Trump said he has “potential” trade deals with India, South Korea and Japan as he sought to convert his tariff policy into trade agreements. “Gold retraced as

Smartwatches are part of the solution to dealing with searing heat in Ahmedabad

AHMEDABAD, India, May 1, 2025 (AP) — It’s a little past 10 a.m. and the heat is already blazing on the outskirts of the Western Indian city of Ahmedabad. Sapnaben Chunara, a 30-year-old mother of three, has just finished her morning chores. She seeks respite from the heat in the shade of a neem tree, a species that can withstand high temperatures and drought. Chunara spends most of the day outdoors in Vanzara Vas, a low-income neighborhood of about 800 families, because her tin-roofed house is even hotter. Indoor temperatures can be even higher, especially when outside they climb above

India to include citizens’ castes in its delayed population census

NEW DELHI, April 30 (Reuters) – India’s cabinet approved the inclusion of citizens’ caste details in its population census on Wednesday, the information minister said, seeking to gain the initiative in a sensitive issue ahead of regional elections. The minister did not announce a date when the census would begin. The once-in-a-decade population survey, originally due in 2021, has been delayed by the pandemic and technical and logistical hurdles. The caste system, a rigid social stratification system that dates back thousands of years, is critical in Indian life and politics. There are scores of caste-based political parties and many state

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