Australia’s left-leaning government will cut income tax, slash student debt and hasten defence spending under an annual budget released Tuesday, courting voters as it readies to fight a tight general election.The Labor government — due to announce the election date by the end of the week — booked a spending deficit of US$17 billion as …
Australia unveils tax cuts in pre-election budget Read More »
Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant’s television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP.”He died from cardiac arrest today,” a Samsung spokesperson said, adding that Han was survived by his wife and three children.Han joined Samsung in 1988 …
Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders were also looking ahead to the release of key US inflation data.A surge in tech giants including Tesla and Nvidia helped New York markets higher, with sentiment buoyed by indications from the White House …
US President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.Since returning to the White House in January, Trump has unleashed tariffs on US allies and foes alike, attempting to strong-arm both …
Trump to impose sharp tariff on countries buying Venezuelan oil Read More »
Wall Street rose sharply on Monday, as the White House indicated that President Donald Trump was contemplating imposing less drastic US tariffs next week than previously thought. Investor sentiment has been jolted in recent weeks by fears that the president’s hardball policies could deal a painful blow to the global economy.April 2 is now the focus …
Wall Street lifted on hopes for softer Trump tariffs Read More »
Canada’s Conservative leader Pierre Poilievre argued Monday that he is the strongest candidate to take on US President Donald Trump, whose annexation and tariff threats have shaken the once promising chances of a Tory-led government. The leading candidates ahead of Canada’s April 28 election fanned out on the first full day of campaigning in a vote …
Conservatives target Trump as Canada campaign begins Read More »
South Korean auto giant Hyundai on Monday announced a multi-billion-dollar investment in the United States, including a new $5.8 billion steel plant.The plant, which will be based in the US state of Louisiana, “will create 1,300 American jobs,” Hyundai executive chairman Euisun Chung told reporters at a White House event alongside President Donald Trump.The move …
Hyundai announces new $21 billion investment in US manufacturing Read More »
Canada’s Conservative leader Pierre Poilievre argued Monday that he is the strongest candidate to take on US President Donald Trump, whose annexation and tariff threats have shaken the once promising chances of a Tory-led government. The leading candidates ahead of Canada’s April 28 election fanned out on the first full day of campaigning in a vote …
Conservatives target Trump as Canada campaign kicks off Read More »
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in …
Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue Read More »
Canadian Prime Minister Mark Carney on Sunday called early elections for April 28, pledging to defeat Donald Trump’s drive to annex the United States’ huge northern neighbor.Carney, a former central banker, was chosen by Canada’s centrist Liberal Party to replace Justin Trudeau as prime minister, but he has never faced the country’s broader electorate.That will …
Under threat from Trump, Canada calls snap elections for April 28 Read More »
