(Reuters) - Elon Musk's Starlink services are down for 41,393 users, according to outage tracking website Downdetector.com on Tuesday.
"We are currently in a network outage and are actively implementing a solution," Starlink said.
SpaceX's Starlink, which owns around 60% of the roughly 7,500 satellites orbiting earth, is dominant in the satellite internet sphere.
(Reporting by Gnaneshwar Rajan in Bengaluru;... (continue reading...)
SEOUL (Reuters) - South Korean President Yoon Suk Yeol will host United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan at a summit on Wednesday, with talks expected to focus on business and investment, energy and cooperation in the defence sector.
At a ceremony ahead of the summit, the UAE president is due to be welcomed by a flypast of Air Force jets, as South Korea seeks to tap the energy-rich Gulf state's investment potential.
... (continue reading...)TAIPEI (Reuters) - China's military drills last week were more about propaganda and intimidation than starting a war, but Chinese forces did show how they could react extremely quickly, the island's top security official said on Wednesday.
China said it carried out the two days of war games starting Thursday as "punishment" for new President Lai Ching-te's inauguration speech last week, in which he said the two sides of the Taiwan Strait were "not... (continue reading...)
By Ankur Banerjee
SINGAPORE (Reuters) - The dollar was stable on Wednesday on wagers the Federal Reserve is unlikely to cut rates until later this year ahead of crucial inflation readings this week, while the yen drifted to its weakest in four weeks.
The dollar was also lifted by rising Treasury yields after a lacklustre debt auction for sales of two-year and five-year notes that raised doubts about demand for U.S. government debt.
... (continue reading...)BEIJING (Reuters) - China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead.
The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an ageing population and slower expansion in... (continue reading...)
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