AFP

Asian markets mostly fell Monday on fresh trade fears after Donald Trump’s threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the United States.Traders were also assessing the impact of a new, cheaper Chinese generative AI programme amid claims it can outperform big-name rivals and worries that …

Asian stocks drop as tariff fears return, new AI programme emerges Read More »

India’s efforts to pare back a longstanding reliance on Russian military hardware is bearing fruit after the courting of new Western allies and a rapidly growing domestic arms industry, analysts say.At a time when Moscow’s military-industrial complex is occupied with the ongoing war in Ukraine, India has made the modernisation of its armed forces a …

India boosts domestic arms industry and looks West to pare back Russia reliance Read More »

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China’s currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.Just days after beginning his second term in the White House last week, Trump said he would impose a 10 percent levy on all …

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Asian markets fluctuated Monday on fresh trade fears after Donald Trump’s decision to impose huge tariffs on Colombia, in retaliation for its refusal to accept deportation flights from the United States.Traders were also assessing the impact of a new, cheaper Chinese generative AI programme released last week that hit tech firms amid claims it can …

Asian stocks mixed as tariff fears return, new AI programme emerges Read More »

Cars speeding along a smooth, black-coloured street in Nepal’s Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction.Nepal’s urban areas generate about 5,000 tonnes of solid waste per day, according to the World Bank, of which 13 percent is plastic waste dumped in landfills.While high-value plastics, like bottles, …

Rubbish roads: Nepal explores paving with plastic Read More »

Wall Street stocks retreated Friday as the market’s latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.After a flattish open, major US indices tumbled into the red. The S&P 500 finished down 0.3 percent after closing at a record high on Thursday.”This is normal consolidation or profit …

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Global stocks diverged on Friday as investors weighed corporate earnings, economic data and President Donald Trump’s policies.Meanwhile the US dollar lost more than one percent against the euro and pound following the US president’s comments about not wanting to impose tariffs on China and calling for lower interest rates.The S&P 500 edged higher to set …

Stocks diverge as investors weigh earnings, Trump policies Read More »

Global stock markets rose Friday after a record day on Wall Street in response to US President Donald Trump’s tax-cut pledge and his more friendly comments with regard to China.In a speech via video link at the World Economic Forum in Davos, Trump pushed for lower interest rates and said he would cut taxes for …

Global stock markets build on Trump rally Read More »