Jimmy Lai’s 2022 fraud conviction over rented office space has been overturned by a Hong Kong court. The veteran media entrepreneur, however, continues to serve a 20-year sentence handed down in another case

Asian markets fell sharply on Friday as renewed concerns over heavy investments in artificial intelligence dented tech sentiment, with Microsoft’s surge in AI spending reviving fears of stretched valuations. Precious metals retreated from record highs, while oil prices eased on hopes of de-escalating US-Iran tensions