India’s central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighed on the country’s outlook.The Reserve Bank of India (RBI) lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points …
India’s central bank cuts rates more than expected to boost growth Read More »
Vietnam’s exports rose sharply last month, official figures showed Friday, as the communist country tries to negotiate relief from swingeing tariffs threatened by US President Donald Trump.May exports stood at $39.6 billion, according to data from the General Statistics Office, up 17 percent on the same period a year ago, while the year-to-date total reached …
Japan’s hopes of achieving its first soft touchdown on the Moon by a private company were dashed Friday when the mission was aborted after an assumed crash-landing, the startup said.Tokyo-based ispace had hoped to make history as only the third private firm — and the first outside the United States — to achieve a controlled …
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The head of submarine mining pioneer The Metals Company told AFP he had “no doubt” the Canadian firm would be the first to to extract coveted minerals from the deep seas, with help from Donald Trump. Metal-containing deep-sea nodules, which have the appearance of potato-size pebbles and typically contain nickel and cobalt, are highly sought for …
‘No doubt’ Canadian firm will be first to extract deep sea minerals: CEO Read More »
Asian markets stuttered Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.The much-anticipated discussions between the heads of the world’s biggest economies fuelled hopes for an easing of tensions following the US leader’s “Liberation Day” …
Asian markets wobble as Trump-Xi talks offset by Musk row Read More »
When the United States, Mexico and Canada launched their joint bid for the 2026 World Cup in the shadow of the Statue of Liberty, the prevailing mood was unmistakeably upbeat.Peace, love and harmony: three countries joining forces in a “United Bid” to roll out the welcome mat for the most popular sporting carnival on the …
Trump trade, immigration policies clouding World Cup preparations Read More »
Marco Sturm, a forward who played five of his 14 NHL seasons with the Boston Bruins, was named head coach of the Bruins on Thursday.The 46-year-old German will have his first NHL head coaching job. He replaces interim coach Joe Sacco, who took over after Jim Montgomery was fired in November.”I’m incredibly honored to be …
Wall Street closed lower Thursday as a spat between President Donald Trump and his billionaire former aide Elon Musk spilled into the public eye, but global markets were mixed while investors assessed trade talks between Washington and Beijing.Major US indexes fell, with shares in Musk’s electric vehicle company Tesla tanking more than 14 percent as …
Trump-Xi call fuels market optimism but US stocks slip on Musk row Read More »
A Canadian infant who was born prematurely and had measles has died, officials said Thursday without confirming a cause of death, raising heightened concern about the virus’s resurgence. Canada has recorded 2,755 measles cases — including 2,429 confirmed and 326 probable — according to federal health data updated on June 2. The epicenter of the outbreak is the province of …
Canada infant born with measles from unvaccinated mother dies Read More »
US President Donald Trump and Chinese leader Xi Jinping spoke Thursday, with both sides agreeing to talks to prevent an all-out trade war over tariffs and global rare earth supplies.Trump said the call reached a “very positive conclusion” and that they agreed to meet in person — but Beijing issued a more muted readout saying …
Trump, Xi hold long-awaited phone call on trade war Read More »
