ASIA

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On Friday, Alibaba's stock experienced a significant surge, climbing over six percent, fueled by speculation that President Xi Jinping was planning a meeting with Jack Ma, the company's co-founder. This positive news compounded Alibaba's already impressive performance in 2025, with the stock already up over 40 percent. The rally was further bolstered on Thursday when Alibaba's chairman announced the company's intention to provide AI technology for Apple's iPhones in China, adding another 6.3 percent to its share price.

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In a move reflecting growing inflationary pressures, Japan's central bank has raised borrowing costs to their highest point in 17 years, setting its short-term policy rate to "around 0.5 percent". The decision followed data showing consumer prices in Japan climbed at their fastest rate in 16 months.

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India is set to experience the eccentric genius of Salvador Dalí like never before. For the first time, more than 200 of the Spanish surrealist's original sketches, etchings, and watercolors are being exhibited in New Delhi, offering Indian audiences a glimpse into Dalí's dreamlike, mind-bending world.

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Fan Weiqiu, the perpetrator of a deadly car attack that killed at least 35 people in China last November, has been executed. The 62-year-old deliberately drove his vehicle into a group of people exercising in Zhuhai, leaving dozens more injured in what is believed to be the country’s deadliest such attack in a decade.