Global stock markets mostly fell on Thursday and gold hit a record high as traders fretted over the impact of US President Donald Trump’s tariffs and a pivot in Washington’s policy on Ukraine.Wall Street indices fell after retail behemoth Walmart issued a lackluster forecast. Shares of Citigroup, Goldman Sachs and JPMorgan Chase fell three percent …
Stocks mostly fall on tepid Walmart outlook, geopolitical worries Read More »
President Donald Trump took a slap shot at Canada on Thursday, again suggesting a US takeover of the northern neighbor as a “fifty first state” and urging the US hockey team to prevail in a closely watched grudge match.Tensions have soared in the run-up to a tournament final in the US city of Boston following …
Trump goads ’51st state’ Canada ahead of hockey grudge match Read More »
Hundreds of Chinese workers started to arrive home on Thursday after being freed from online scam centres in Myanmar, as authorities crack down on the illegal operations.Thousands of foreigners are expected to be repatriated from Myanmar in the coming weeks, starting with hundreds of Chinese nationals over the next three days.The compounds are run by …
Chinese workers from Myanmar scam centres start arriving home via Thailand Read More »
US President Donald Trump suggested on Wednesday that a trade deal was “possible” with China — a key target in the US leader’s tariffs policy.In 2020, the United States had already agreed to “a great trade deal with China” and a new deal was “possible,” Trump told reporters aboard Air Force One.Asked about the comments, …
Vietnam approved plans on Wednesday for a multi-billion-dollar railway with China, boosting links between the two communist countries.Around the region, China has been financing railways under its Belt and Road Initiative, which funds infrastructure projects globally, but has come under fire with a number of plans stalled or mired in controversy. Here are some of the …
Japan’s trade minister is arranging a visit to the United States in coming weeks to seek exemptions from President Donald Trump’s tariffs, local media said Thursday.This month Trump said he was “simplifying our tariffs on steel and aluminum” as he signed off on a fresh round of import duties, which take effect on March 12.”It’s …
Japan’s trade minister arranging US trip: reports Read More »
From office lights switched off to out-of-service lifts, Indonesian civil servants are feeling the pinch after President Prabowo Subianto ordered sweeping budget cuts across government that he said will fund his big-ticket campaign pledges.Many government offices in the capital Jakarta are now turning their lights and air conditioners off immediately when the work day ends …
Lights out for Indonesia civil servants as Prabowo cuts budgets Read More »
Asian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump’s tariffs and immigration measures could reignite inflation.The losses come despite a second-straight record close on Wall Street and follow a recent rally as traders have rolled with the president’s latest tariff salvos, betting they are being used as negotiating tactics.Minutes from …
Asian markets drop as Fed flags concern over Trump policies Read More »
Myanmar on Thursday handed over the first batch of hundreds of Chinese scam centre workers who are set to be repatriated through Thailand in the coming days.Thousands of foreigners are expected to be freed and returned from scam compounds in Myanmar in the coming weeks, starting with 600 Chinese over the next three days.The compounds …
Myanmar returns first batch of Chinese scam workers to Thailand Read More »
A failing Australian metals plant will be transformed into a hub for making “green iron and steel”, Prime Minister Anthony Albanese said Thursday as the government stepped in with a billion-dollar rescue package. More than 1,000 workers faced losing their jobs after the Whyalla steelworks in South Australia was swamped by mounting debts. Albanese on Thursday pledged …
Australia seeks to turn failing steel plant into ‘green’ hub Read More »
