Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan’s economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump.As part of a campaign against friend and foe, the US president has threatened 25 percent tariffs on imports of Japanese goods …
In the Canadian town of Aylmer, where Mennonites in traditional dress walk down the main street alongside secular locals, bitter divisions over vaccine skepticism that arose during Covid have intensified with the reemergence of measles.Canada, which officially eradicated measles in 1998, has registered over 3,500 cases this year and the United States is confronting its …
In rural Canadian town, new risk of measles deepens vaccine tensions Read More »
The big-screen success of 1990s video game speedster “Sonic the Hedgehog” has brought new fans to Japan’s Sega, which says it is poised for a comeback after two tough decades.This year all eyes have been on Nintendo, whose Switch 2 recently became the fastest-selling console in history.But unlike its former arch-rival, Sega has not sold …
Asian markets fluctuated Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the head of the US Federal Reserve.Traders have walked a cautious line this week as they ascertain the trade outlook after the US president unveiled a flurry of fresh tariff threats, with the latest being letters …
Asian stocks struggle as traders eye Fed saga, trade war Read More »
Wall Street stocks finished higher Wednesday, overcoming a mid-session swoon after US President Donald Trump denied plans to fire Federal Reserve Chair Jerome Powell.Major equity indices had moved suddenly negative following reports that a dismissal could be imminent, but they recovered quickly once Trump ruled out firing Powell — for now.Trump, who has bitterly attacked …
US stocks finish higher as markets gyrate on Powell firing fears Read More »
At a leather boot shop in the Indonesian city of Bandung, workers handle an order from Texas but owner Etnawati Melani says she fears such business will dwindle when Donald Trump’s tariffs hit exports.The United States is Indonesia’s biggest market for footwear exports and the American president announced Tuesday he would impose a 19 percent …
Indonesian shoemakers fear Trump tariffs despite lower levy Read More »
Indonesia’s president on Wednesday hailed a “new era” of trade relations with the United States, after Donald Trump said he would slash tariffs faced by Southeast Asia’s biggest economy from 32 percent to 19 percent.The Trump administration has been under pressure to wrap up trade pacts after promising a flurry of deals, as countries sought …
Indonesia hails ‘new era’ with US after Trump trade pact Read More »
Nvidia CEO Jensen Huang said on Wednesday his firm was “doing our best” to serve China’s vast market for semiconductors after it secured permission from the United States to sell chips to the world’s second-largest economy.Nvidia last week became the first company to hit $4 trillion in market value — a new milestone in Wall Street’s …
Nvidia’s Huang says ‘doing our best’ to serve Chinese market Read More »
Britain has lifted restrictions on Pakistani airlines, the UK embassy in Islamabad said on Wednesday, ending a five-year ban on the country’s beleaguered national carrier.Flag carrier Pakistan International Airlines was barred from flying to Britain in June 2020, a month after one of its aircraft plunged into a Karachi street, killing nearly 100 people.The disaster …
Pakistanis are increasingly ditching the national grid in favour of solar power, prompting a boom in rooftop panels and spooking a government weighed down by billions of dollars of power sector debt.The quiet energy revolution has spread from wealthy neighbourhoods to middle- and lower-income households as customers look to escape soaring electricity bills and prolonged …
Pakistan’s quiet solar rush puts pressure on national grid Read More »
