Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump’s threats to seize the vital waterway.A subsidiary of CK Hutchison Holdings — owned by Hong Kong billionaire Li Ka-shing — manages two of the canal’s five …
Panama lawsuit requests axing Hong Kong firm’s canal concession Read More »
OpenAI chief Sam Altman signed a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.Kakao, which owns an online bank, South Korea’s largest taxi-hailing app, and a messaging service, announced a partnership allowing them to use ChatGPT for …
OpenAI chief Altman signs deal with South Korea’s Kakao after DeepSeek upset Read More »
Asian equities rose with the Mexican peso and Canadian dollar Tuesday after Donald Trump said he would delay the imposition of stiff tariffs on imports from the US neighbours, soothing trade war worries for now.But early euphoria was tempered somewhat after China announced levies on some imports of US goods as Washington’s measures kicked in, …
Stocks and peso boosted by Trump’s Mexico, Canada tariff delay Read More »
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.The Switch, which is both a handheld and TV-compatible device, hit shelves in 2017 and became a must-have gadget among all age groups during pandemic lockdowns.Nintendo announced in …
Nintendo cuts net profit forecast as Switch sales slow Read More »
China on Tuesday said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods.Beijing’s State Administration for Market Regulation said the US tech giant was “suspected of violating the Anti-Monopoly Law of the People’s Republic of China”.It has “launched an investigation into Google in …
China says to probe Google over anti-monopoly violations Read More »
China said Tuesday it would slap tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world’s two biggest economies.US President Donald Trump on Saturday announced sweeping measures against major trade partners including Canada and Mexico, with goods from China facing an additional 10 percent …
China slaps tariffs on US energy, vehicles in trade war sparring Read More »
OpenAI chief Sam Altman inked a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.Kakao, which owns an online bank, South Korea’s largest taxi-hailing app and KakaoTalk, announced a partnership allowing them to use ChatGPT for its new …
OpenAI chief Altman inks deal with S. Korea’s Kakao after DeepSeek upset Read More »
From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing — analysts say China has plenty of options if it wants to reply to fresh US levies.US President Donald Trump over the weekend announced 10 percent tariffs on Chinese products, upping the stakes in …
US President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month Monday — but China remained in the firing line for levies that are putting the global economy on edge.Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau both struck last-minute deals with Trump to tighten border measures …
Trump halts Canada and Mexico tariffs, China still targeted Read More »
Stock markets slumped Monday over concerns about the global economy after US President Donald Trump announced tariffs on Canada, China and Mexico.Wall Street’s three main indices fell sharply in early trading but clawed back ground after Trump postponed the introduction of tariffs on Mexico for one month.Trump announced on Saturday 25 percent levies on imports from …
