Whole herds of cattle have drowned in vast inland floods sweeping across the Australian outback, officials said Tuesday, as the muddy tide drenched an area the size of France.Swollen rivers burst their banks after unusually heavy downpours last week over outback Queensland, an arid region home to some of the country’s largest cattle ranches.Officials said …
‘Heartbreaking’ floods swamp Australia’s cattle country Read More »
Asian markets mostly rose Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish and gold hit another record high as Donald Trump prepares to unveil sweeping tariffs.Investors have been rushing to position themselves for the US president’s “Liberation Day” on Wednesday, when he warned he will impose levies …
Asian markets edge back but Trump tariff fears dampen mood Read More »
Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP.”The entire crypto industry is being tarnished,” said Claire Balva, strategy director for fintech company Deblock.Argentine prosecutors are reportedly examining whether Milei engaged in fraud …
Political support leading to increasing fallout for crypto Read More »
Global stock markets largely slipped on Monday after another turbulent day of trading, with the S&P 500 briefly falling into correction territory before reversing course ahead of a wave of US tariffs this week that have fanned recession fears.On Wall Street, US stocks shook off some early gloom about President Donald Trump’s imminent tariff announcement …
Global stocks mostly lower as tariff fears rattle markets Read More »
A month before Canadians vote in an election dominated by threats from US President Donald Trump, leading candidates pledged Monday to build an economy that can thrive without depending on its southern neighbor.Prime Minister Mark Carney, who replaced Justin Trudeau this month, appears to have revitalized his Liberal Party, which just months ago looked headed …
Canada candidates promise less reliance on US a month before vote Read More »
President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app’s US business by a Friday deadline.The hugely popular video-sharing app, which has over 170 million American users, is under threat from a law that passed overwhelmingly …
Trump confident in finding TikTok buyer before deadline Read More »
Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing’s attempts to revive the housing market.Vanke said 2024 was an “exceptionally challenging year” in a filing to the Hong Kong stock exchange and apologised for “distress caused… due to the …
China property giant Vanke reports annual loss of $6.8 bn Read More »
Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings and other measures that would help the financially troubled Japanese carmaker.The new agreement will allow the carmakers to reduce their current 15 percent cross-shareholdings to 10 percent.Renault will also acquire Nissan’s 51 percent stake in their joint …
Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home.The Shenzhen-based company has been at the centre of an intense standoff between China and the United States after Washington warned its equipment could be used for espionage by the Chinese …
Chinese tech giant Huawei says profits fell 28% last year Read More »
President Donald Trump said Sunday he was confident of reaching a deal on TikTok ahead of the April 5 deadline for its Chinese owner ByteDance to sell the popular short video app or see it banned in the United States.”We have a lot of potential buyers. There’s tremendous interest in TikTok,” Trump told reporters onboard …
Trump says confident of TikTok deal before deadline Read More »
