AFP

Panama complains to UN over Trump canal threat, starts audit

Panama has complained to the United Nations over US President Donald Trump’s “worrying” threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.In a letter to UN Secretary-General Antonio Guterres, the government in Panama City referred to an article of the …

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Markets rise after Trump AI pledge but China tariff fears return

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.Software investment giant SoftBank soared more than 10 percent — leading Tokyo-listed chipmakers higher — after the American president said …

Markets rise after Trump AI pledge but China tariff fears return Read More »

Asian traders cheer Trump AI pledge but China tariff woes return

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.Software investment giant SoftBank soared more than 10 percent — leading Tokyo-listed chipmakers higher — after the American president said …

Asian traders cheer Trump AI pledge but China tariff woes return Read More »

Most Asian markets rise after Trump AI pledge but China tariff woes return

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.Software investment giant SoftBank soared more than nine percent — leading Tokyo-listed chipmakers higher — after the American president said …

Most Asian markets rise after Trump AI pledge but China tariff woes return Read More »

Canada ex-central banker Mark Carney launches PM bid

Mark Carney, the former governor of Canada’s central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.The 59-year-old Harvard- and Oxford-educated economist kicked off his campaign at a hockey rink in Edmonton, Alberta where he grew up.”I’m doing this because …

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Canada vows strong response, Mexico urges calm in face of Trump threats

Canada vowed strong pushback while Mexico urged calm on Tuesday in the face of US President Donald Trump’s trade threats that risk throwing their economies into disarray.The US president has accused both neighbors of being lax in preventing migrants and illicit drugs from coming into the United States, and called for a tightening of the …

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Stocks diverge, dollar rallies as Trump gets to work

European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy.Wall Street reopens later after being shut Monday for the Martin Luther King holiday, which coincided with Trump’s inauguration.Trading was mixed “as …

Stocks diverge, dollar rallies as Trump gets to work Read More »

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