AFP

Trudeau to resign as Canada PM, citing ‘internal battles’

Canada’s Prime Minister Justin Trudeau announced his resignation Monday, saying he will leave office as soon as his party chooses a new leader as slumping polls and internal division took their toll.After more than nine years in power, Trudeau’s support within the ruling Liberal party began crumbling in 2024 due to intensifying public criticism focused …

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European, US stock markets rise as Trump tariff plans in question

European and US stock markets rose following a report Monday the incoming Trump administration will apply tariffs only on certain sectors, while the dollar was mostly lower against rival currencies.While Wall Street soared after Donald Trump’s election on expectations of tax cuts and deregulation, concerns about his plans to impose hefty tariffs on imports from China and …

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Trudeau says to resign as Canada PM

Canada’s Prime Minister Justin Trudeau announced his resignation on Monday, saying he will leave office as soon as the ruling Liberal party chooses a new leader after months of slumping polls and internal division.”I intend to resign as party leader, as prime minister, after the party selects its next leader,” Trudeau, who has been in …

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Japan PM says blocked US Steel deal could hit investments

Japan’s prime minister Monday urged Washington to dispel concerns that Joe Biden’s decision to block Nippon Steel’s takeover of US Steel could impact future investments, with the two firms filing a lawsuit challenging the move.The US president’s announcement last week cited a strategic need to protect domestic industry, a move that drew sharp criticism from …

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Canada’s Trudeau expected to announce resignation amid political crisis

Canada’s Prime Minister Justin Trudeau is scheduled to hold a news conference on Monday, with a senior government source telling AFP the embattled premier has decided to leave office.  Trudeau, facing his worst political crisis since becoming premier in 2015, is scheduled to address reporters at 10:45 am (1545 GMT).The government source told AFP that …

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Thailand tourism bounces back, with 35 million visitors in 2024

Thailand welcomed more than 35 million international tourists in 2024, surpassing the government’s target, as the country strives to revive its sluggish economy, officials said Monday.The nation’s vital tourism sector accounts for almost 20 percent of its GDP but has struggled in the wake of the Covid-19 pandemic and changing traveller habits.More than 35 million …

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Most Asian markets cautiously higher as traders eye Trump 2.0

Asian markets started the first full week of 2025 on a positive but cautious note as traders struggled to track a healthy run-up on Wall Street, with minds turning to Donald Trump’s second presidency.Ongoing concerns about China’s stuttering economy, the outlook for US interest rates and the wars in Ukraine and the Middle East were …

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