AFP

US stocks tumble on fears of slowdown

Wall Street stocks tumbled Friday on worries about slowing US growth, concluding the week on a downcast note following gains in Asia and a mixed session on European bourses.Major US indices spent the entire day in the red before closing about two percent lower after economic data added to worries about the outlook of the …

US stocks tumble on fears of slowdown Read More »

US, China economic leaders raise ‘serious concerns’ in first call

US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world’s two biggest economies simmer under President Donald Trump’s second term.The talks came shortly after Trump imposed additional tariffs on imports from China over its alleged role …

US, China economic leaders raise ‘serious concerns’ in first call Read More »

Tech, auto, medicines: who will pay Donald Trump’s tariffs?

After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals. Trump has already slapped additional 10 percent tariffs on goods from China and has also threatened tariffs on Canada and Mexico, plus ordered a study into putting into place reciprocal tariffs.Here’s a look who …

Tech, auto, medicines: who will pay Donald Trump’s tariffs? Read More »

Only one in six Japanese citizens has a passport, data shows

Only around one in six Japanese citizens hold valid passports, fresh data shows, with the number of residents travelling abroad slowly recovering but still below pre-pandemic levels.The latest rate is far below the half of Americans with passports, a level that has soared from around five percent in 1990.And in neighbouring South Korea, the figure …

Only one in six Japanese citizens has a passport, data shows Read More »

Nepal community fights to save sacred forests from cable cars

They appear tranquil soaring above Himalayan forests, but a string of cable car projects in Nepal have sparked violent protests, with locals saying environmental protection should trump tourism development.In Nepal’s eastern district of Taplejung, the community has been torn apart by a $22-million government-backed project many say will destroy livelihoods and damage ancient forests they …

Nepal community fights to save sacred forests from cable cars Read More »

Canada beats USA to win heated Four Nations Face-Off final

In an ice hockey grudge match of border rivals fueled by political tensions, Canada defeated the United States 3-2 in overtime on Thursday to win the Four Nations Face-Off final.Canada’s Connor McDavid scored the title-winning goal off a pass from Mitch Marner to deliver Canada the victory after enduring political barbs from US President Donald …

Canada beats USA to win heated Four Nations Face-Off final Read More »

Canada enjoys emotional win as USA gets Olympic motivation

Canada’s NHL stars celebrated an emotional 3-2 overtime victory over arch rival United States in Thursday’s Four Nation Face-Off final while Americans took motivation for next year’s Winter Olympics.Connor McDavid scored the title-winning goal 8:18 into overtime to give the Canadians a victory after their homeland endured remarks by US President Donald Trump.”It means a …

Canada enjoys emotional win as USA gets Olympic motivation Read More »

Most Asian markets rise as traders pick over week of headlines

Asian markets mostly rose Friday after a negative day on Wall Street as investors weigh the economic outlook in light of Donald Trump’s tariffs drive and geopolitical machinations.A largely positive week in the region was headed for a healthy finish, and Hong Kong was again the standout performer thanks to the tech sector led by …

Most Asian markets rise as traders pick over week of headlines Read More »

Japan’s core inflation rate hits 19-month high

Japanese inflation accelerated in January, further pressuring households as prices excluding fresh food rose 3.2 percent on-year, government data showed Friday.The rate was the highest since June 2023, fuelling speculation over the timing of the Bank of Japan’s next interest rate hike as it retreats from years of aggressive monetary easing to boost the moribund …

Japan’s core inflation rate hits 19-month high Read More »

Close Bitnami banner
Bitnami