Weigh

• Tokyo's Nikkei 225 fell 1.1% to 62,174 on Friday after briefly crossing 63,000 for the first time during Thursday trading and closing at a record 62,833, marking a pullback from peak valuations. • SoftBank Group, one of Japan's largest stocks, declined over 5%, signaling profit-taking and weakness in the technology sector that had driven the index higher. • The broader Topix slipped 0.29% on Friday to 3,829.48 but remained up 2.7% for the holiday-shortened week, reflecting mixed sentiment as markets digest geopolitical risks.

• The Congress party is deliberating its political alliances in Tamil Nadu following the recent state elections, with reports of post-poll discussions with actor Vijay's TVK party. • The DMK has publicly criticized Congress over these negotiations, expressing concerns about potential shifts in the INDIA bloc coalition dynamics in the state. • Congress has directed its Tamil Nadu unit (TNCC) to make the final decision on support arrangements for government formation.

Electoral Commission reviewing whether Reform UK leader should have declared billionaire’s gift before entering parliamentAnalysis: Farage’s bid to get ahead of story only raises more questionsFarage referred to standards watchdog over undisclosed £5m giftThe UK elections watchdog is considering whether to investigate an undisclosed £5m donation received by Nigel Farage before he announced his candidacy at the last general election.The move comes after the Guardian revealed this week that the Reform UK leader was given the money by the crypto billionaire Christopher Harborne. Continue reading...

Delegates at event in Cape Verde highlight opportunities from tech while stressing AI is no replacement for talentLast July, the Nigerian singer-songwriter Fave found herself caught up in a viral moment: an unauthorised version of a track featuring an AI choir had been released, quickly becoming an internet sensation. To get ahead of the situation, she recorded her own remix that integrated the AI-assisted song and added it to her discography.“In my view, [that] was smart and very business aware,” Oyinkansola Fawehinmi, a Lagos-based entertainment lawyer, observed a few months later. “She essentially reclaimed the ‘AI version’ and released it as her own official expression.” Continue reading...

The case is part of a national redistricting fight with high stakes for the November midterm electionsSign up for the Breaking News US email to get newsletter alerts in your inboxVirginia supreme court justices on Monday questioned whether the state’s Democratic-led legislature complied with constitutional requirements when it sent a congressional redistricting plan to voters, in a case that carries high stakes for the balance of power in the US House.The new districts, which could net Democrats four additional seats, won narrow voter approval last week. But a Republican legal challenge contends the general assembly violated procedural rules by placing the constitutional amendment before voters to authorize the mid-decade redistricting. If the court agrees that lawmakers broke the rules, it could invalidate the amendment and render last week’s statewide vote meaningless. Continue reading...

• The Nasdaq Composite fell 0.48% to 16,240.35 on Monday, April 26, driven by weakness in mega-cap technology stocks including Apple (down 1.2%) and Microsoft (down 0.9%), as investors reassess growth expectations ahead of the Federal Reserve's May meeting. • Treasury yields climbed to 4.35% for the 10-year note amid inflation concerns, pressuring valuations of rate-sensitive tech companies and spurring profit-taking after recent market gains. • The decline reflects growing caution among portfolio managers about earnings sustainability in the second quarter, with earnings guidance from major tech firms expected to dominate trading through early May.

Iranian official stresses no decision made on taking part, as US vice-president JD Vance is set to travel to Islamabad for negotiations JD Vance to lead US delegation in Pakistan if Iran agrees to talksOn Tuesday morning, Islamabad sat poised and ready to host a second round of talks – even as uncertainty reigned over whether both sides would even turn up.Pakistani officials remained optimistic that the second round of negotiations would happen, even as Iranian ministers said they would refuse to come to the table under the threat of “force” and it remained unclear exactly when US vice-president JD Vance planned to depart Washington for Islamabad. Continue reading...

Catholics around Atlanta share mixed feelings on faith and politics as Trump engages in rhetorical war with popeAlex Sullivan tended to his five children on the lawn after a traditional Latin mass at the Catholic Church of Saint Monica in Duluth, Georgia, and contemplated his faith in the light of God and the shadow of Donald Trump.Sullivan, a self-described conservative who once staffed a libertarian state representative at the Georgia capitol, described his faith as almost medieval. Continue reading...

Experts say any short-term financial benefit will be outweighed by long-term health costs related to obesityFaced with high demand for GLP-1 drugs, some American cities and states that previously covered the cost of the weight-loss medication for low-income residents and public employees have now started to restrict or eliminate coverage.The pullback stems from the dramatic increase in public spending on drugs such as Ozempic and Wegovy in recent years. Continue reading...

A skull fragment found in a tray of unsorted fossils collected more than a century ago leads to discoveryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA prehistoric fossil, hiding in plain sight in museum storage for more than a century, has revealed that giant echidnas once roamed Victoria.The Owen’s giant echidna, Megalibgwilia owenii, lived during the Pleistocene, a geological epoch that began 2.5m years ago. It grew to about 1 metre long and weighed up to 15kg – about twice the size of Australia’s modern echidnas. Continue reading...

The 79th edition of the film festival will see work by Pedro Almodóvar, Hirokazu Kore-eda and László Nemes considered for the coveted Palme d’OrGillian Anderson, Rami Malek, Cara Delevingne and John Travolta are expected to walk the red carpet at Cannes this year, as the world’s most influential film festival unveiled an auteur-heavy lineup for its 79th edition.Competing for the coveted Palme d’Or will be new films by heavyweights Pedro Almodóvar, Hirokazu Kore-eda, Paweł Pawlikowski, László Nemes and Asghar Farhadi. Continue reading...

Called Foundayo, the tablet becomes the second one to receive FDA’s green light after Novo Nordisk’s WegovyThe US Food and Drug Administration (FDA) gave the green light on Wednesday to a new oral weight-loss medication developed by the Indianapolis-based pharmaceutical company Eli Lilly.Known as orforglipron or brand name Foundayo, the once-daily tablet becomes the second GLP-1 drug in pill form to hit the market in a short span of time, arriving after Novo Nordisk’s Wegovy pill received approval in December. Continue reading...

Trump issued executive order in January 2025 that seeks to undo birthright citizenship, overriding the constitutionSign up for the Breaking News US email to get newsletter alerts in your inboxThe US supreme court will hear arguments on Wednesday over whether Trump can reverse generations of precedent and deny birthright citizenship to babies born on US soil, which would impact hundreds of thousands of children annually.On his first day in office, Trump issued an executive order that sought to undo birthright citizenship, overriding the US constitution – or, as his administration has argued, interpret the constitution correctly, in defiance of supreme court precedent. Continue reading...

• President Trump is considering a military operation to extract nearly 1,000 pounds of uranium from Iran, described by U.S. officials as a complex and risky mission, according to the Wall Street Journal. • The extraction operation would likely require American forces to remain inside Iran for days or longer, adding substantial operational complexity and risk to personnel. • This mission represents one of several military options being weighed by the Trump administration as tensions escalate with Iran.

• The benchmark S&P 500 fell for a fifth consecutive week and is down more than 7% since U.S.-Israeli military strikes on Iran in late February. • Rising volatility and shifting rate expectations continue to pressure equity markets as geopolitical tensions compound economic uncertainties. • Market participants are reassessing expectations for Federal Reserve policy, with implications for growth stock valuations.

The homeland security shutdown has snarled airport lines and halted pay for some, even as lawmakers negotiate a dealUS politics live – latest updatesSign up for the Breaking News US newsletter emailRepublican senators are considering a bipartisan deal to restore funding to most of the Department of Homeland Security (DHS) that would initially exclude money for arrests and deportations of undocumented immigrants, according to media reports.Under the potential agreement, Republicans would accede to Democratic demands to restore funding to all parts of the department except for those involved in immigration enforcement operations, according to Politico and the Associated Press. The GOP would then move to pay for those enforcement operations using the budget reconciliation process, in which they can address spending and revenue issues without relying on votes from Democrats. Continue reading...

• The Dow Jones Industrial Average fell 0.4% or 203.72 points to 46,021.43 on Thursday, marking its lowest close of 2026 and closing below its 200-day moving average, with 22 of 30 components ending in negative territory. • The S&P 500 declined 0.3% to 6,606.49, reflecting its lowest close in four months, while the Nasdaq Composite slipped 0.3% to 22,090.69; all 11 sectors ended in negative territory. • Market weakness was driven by the ongoing Iran conflict and rising Treasury yields, which have climbed amid concerns about energy supply disruptions and inflation, causing traders to abandon bets on interest-rate cuts this year.

After a 1,088-day wait, a jury acquitted the man Nichols accused. She describes her experience of the system as a complainant – and explains why she went publicWarning: this article contains graphic testimonyCharlotte Nichols on her rape trial ordeal – podcastSitting in the House of Commons, waiting for the speaker to call her name last week, the MP Charlotte Nichols was doing breathing exercises to try to keep calm. “I was just trying to get myself into the headspace where I could say what I wanted to say without either completely garbling it or just crying or bottling it at the last minute.”She didn’t bottle it. She stood up, asked MPs to be gentle with her, and then went public with her biggest secret. Continue reading...

• The S&P 500 declined 1.6% for its third consecutive weekly loss, while the Dow Jones Industrial Average fell 2% and the NASDAQ shed 1.3% as geopolitical tensions and surging oil prices created broad selling pressure across all major indices. • Investors face a critical week ahead with the NVIDIA GTC conference (the "AI Oscars") scheduled alongside the Federal Reserve's FOMC interest rate decision on Wednesday and jobless claims data on Thursday. • Persistent inflation has dramatically shifted market expectations, with traders pricing in just a 33% probability of a June rate cut compared to 57% one month ago, reflecting heightened uncertainty about the Fed's monetary policy path.

The US stock market displayed divergent performance on Friday, March 13, 2026, with the S&P 500 falling to 6,658 (down 14 points), the Nasdaq dropping 100 points to 22,211, while the Dow Jones held relatively steady near 46,702 amid rising geopolitical tensions and volatile oil prices. The VIX volatility index remained elevated at 26.49, signaling sustained market uncertainty, and the S&P 500 is tracking its first three-week losing streak in approximately one year, down roughly 1.1% for the week. Institutional investors and hedge funds reduced risk positions ahead of the weekend, with analysts attributing the decline to normal profit-taking after strong gains in AI and semiconductor stocks earlier in 2026. Key market watchers noted that smart money was likely to remain in defensive positions until clarity emerged regarding the Strait of Hormuz and potential ceasefire negotiations.