Oceania
Three killed in latest Ukrainian strike on Russia's Belgorod region
Three killed in latest Ukrainian strike on Russia's Belgorod region Three people have been killed and at least nine others injured in Ukraine's latest attack on the Russian border region of Belgorod, according to its governor, Vyacheslav Gladkov. The deaths happened following a strike on the village of Maslova Pristan early on Wednesday, Gladkov said. Emergency workers were continuing to search for people feared trapped under rubble. It is the third consecutive day that Ukraine has struck the region, leaving thousands of people without power and at least two other people dead. Ukraine has not commented on the attacks but has repeatedly struck targets inside Russia, including Belgorod, during the conflict, which is now in its fourth year.
Bank of England warns of growing risk that AI bubble could burst
The Bank of England says'equity market valuations appear stretched, particularly for technology companies focused on artificial intelligence'. The Bank of England says'equity market valuations appear stretched, particularly for technology companies focused on artificial intelligence'. Possibility of'sharp market correction has increased', says Bank's financial policy committee The Bank of England has warned there is a growing risk of a "sudden correction" in global markets as it raised concerns about soaring valuations of leading AI tech companies. Policymakers said there were also threats of a "sharp repricing of US dollar assets" if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump's continues to attack the US central bank and threaten its independence.