Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout

European pharmaceutical leaders, including Novartis CEO Vas Narasimhan and Sanofi's Paul Hudson, have urged the EU to raise drug prices to align more closely with US levels to foster innovation. In a letter to the Financial Times, they argue that current lower prices in Europe hinder market growth and discourage investment, noting that 30% of new medicines in the US are not available in Europe within two years. They warn that without urgent action, European...

The Home Office will publish a league table revealing the nationalities and offences of foreign criminals facing deportation, marking the first detailed breakdown of this data. Home Secretary Yvette Cooper overruled officials who deemed data collection too challenging, and the information is expected to be available by year-end. While Labour is deporting at a faster rate than the Conservatives, the number of individuals awaiting removal has increased, with 19,244 foreign criminals recorded as of last...

Elon Musk announced a reduction in his involvement with the Trump administration following a significant decline in Tesla's profits and revenues, with a 20% drop in automotive revenue and over 70% decrease in profits reported for Q1 2025. He attributed the company's struggles to political backlash against his role, which has led to protests and boycotts, as well as challenges from tariffs and evolving trade policies. Musk plans to allocate only one to two days...

SummaryFollowing a violent eruption of Costa Rica's Poás Volcano, which sent ash plumes over 4,700 meters high, villages nearby are under an "Orange Alert" due to the deposition of volcanic ash and the daily release of over 600 tonnes of sulphur dioxide. Local health officials are urging residents to avoid the toxic ash cloud, and the Costa Rican Government has closed the Poás Volcano National Park. Communities including Zarcero and San José are affected, with...

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The Asian Football Confederation (AFC) has granted the Lion City Sailors provisional approval to host the upcoming AFC Champions League Two final at Bishan Stadium, pending final inspection in early May. The Sailors, who recently became the first Singaporean team to reach a continental...

Canadian Election InsightsThe upcoming Canadian general election is heavily influenced by the US-Canada relationship, particularly due to comments from the US president suggesting Canada could become the 51st state. In light of this, the BBC has engaged voters nationwide to explore their perceptions of Canadian identity and the distinctions that set Canada apart from the United States. This discourse reflects broader themes of nationalism and sovereignty as Canadians prepare to cast their votes amidst these...