Global stocks mostly rose despite fresh signs of a tariff hit to corporate earnings, while Wall Street cheered President Donald Trump’s moves to soften the levies hitting automakers.Trump’s pivot includes limitations on the impact of multiple tariffs on carmakers and a measure to allow carmakers to offset a portion of the levy for two years.All …
Global stocks mostly rise as Trump grants auto tariff relief Read More »
On a tree-lined beach in Australia’s rugged island state of Tasmania, locals discovered popcorn-sized bits of dead salmon washed up along the sand.When the stinky remains landed in Verona Sands, population 131, they stirred up a festering environment-versus-industry row shortly before Saturday’s general elections.The fish remnants found in February were traced to a mass die-off …
Dead salmon create election stink on Australian island Read More »
Markets edged up Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and earnings releases that could provide clues about the effects of Donald Trump’s trade policies.A month that started with the explosion of the US president’s “Liberation Day” tariffs on April 2 was on course for …
Markets rise as traders gear up for earnings, key jobs data Read More »
Global stocks were steady on Monday as investors welcomed the absence of further trade war escalation over the weekend and as countries seek to temper US President Donald Trump’s tariffs.Major bourses avoided big swings on a comparatively news-light day ahead of heavily anticipated economic releases and earnings later in the week.Both the Dow and S&P …
Global stocks mixed amid trade hopes as markets await tech earnings Read More »
A top Chinese economic official on Monday said Beijing was on the “right side of history” in its gruelling trade war with the United States.Since returning to the White House in January, US President Donald Trump has imposed 10 percent tariffs on most US trading partners and a separate 145 percent levy on many products …
China says on ‘right side of history’ in trade standoff with US Read More »
Asian stocks were mixed Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald Trump’s eye-watering tariffs.Investors were also keeping tabs on China after President Xi Jinping and other top leaders last week discussed plans to boost consumption in the world’s number two economy.After a much-needed …
Asian markets mixed as investors eye trade talks Read More »
Intelligent driving features are the new battleground in China’s merciless car market, with competition spurring brands to world-leading advances — but a recent fatal crash has seen the government intervene to put the brakes on runaway enthusiasm.Advanced driver-assistance systems (ADAS) help with tasks ranging from cruise control to parking and collision avoidance, with the ultimate …
Smart driving new front in China car wars despite fatal crash Read More »
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn’t so straightforward this time around.Whether it’s the luxury, electronics or pharmaceutical sectors, US President Donald Trump’s unpredictability complicates the calculations of firms.Some companies didn’t wait for Trump’s April …
Trump trade war pushes firms to consider stockpiling Read More »
At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of coffee, a modern twist on the region’s traditional drink.For centuries, Pu’er in Yunnan province has given its name to a type of richly fermented tea — sometimes styled “pu-erh” — famous across East Asia and beyond.But …
Chinese tea hub branches into coffee as tastes change Read More »
In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.Across the country, car models rolling off assembly lines like this have gone from concept to release in record …
Foreign carmakers strive for ‘China Speed’ to stay in race Read More »
