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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

Pakistan ISI chief Muhammad Asim Malik appointed as National Security Adviser

Islamabad, May 1 (PTI) Pakistan has appointed spy chief Lt Gen Muhammad Asim Malik as the new National Security Adviser (NSA) amidst raging tension with India. Malik was appointed as the director general of the Inter-Services Intelligence (ISI) in October 2024. According to a notification issued by the Cabinet Division on Tuesday, General Malik was formally given the task of the NSA. “Lt Gen Muhammad Asim Malik HI (M), DG (I), shall hold the additional charge of the National Security Adviser, with immediate effect,” the notification stated. He is the country’s tenth NSA, but it is for the first time

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

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