The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector.The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the …
US to impose new duties on solar imports from Southeast Asia Read More »
The world’s biggest auto show opens Wednesday in Shanghai, with foreign carmakers raring to show they can compete against the ultra-competitive Chinese firms that dominate the sector’s new electric frontier.As the petrol engine’s primacy stutters, traditional industry expos like Paris and Detroit are scrambling to re-invent themselves — but in Shanghai the era of cleaner engines …
Auto Shanghai to showcase electric competition at sector’s new frontier Read More »
An Indonesian soldier gives a thumbs up as he crosses a rice field on a combine harvester in remote Papua, where a government food security mega-project has raised fears of mass deforestation.Keen to end its reliance on rice imports, Indonesia wants to plant vast tracts of the crop, along with sugar cane for biofuel, in …
Indonesia food plan risks ‘world’s largest’ deforestation Read More »
Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump’s latest salvo against Federal Reserve boss Jerome Powell added fuel to fears about the central bank’s independence.With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the US …
Gold hits record, stocks slip as Trump fuels Fed fears Read More »
The humble pinata has become one of the latest targets to take a whacking in US President Donald Trump’s trade war.Party store owner Patricia Loperena said she has supplied fewer parties this year than last, which means she is selling fewer of the colorful candy-filled papier mache favors at her southern California establishment.Another blow to …
Woe is the pinata, a casualty of Trump trade war Read More »
With his storm of tariffs on Chinese goods, US President Donald Trump has torched ties with Beijing and likely wrecked any hope of meeting his counterpart Xi Jinping in the near term, analysts say.Since taking office in January, Trump’s maelstrom of import duties against friend and foe alike has rattled diplomats and pushed global markets …
Trump tariffs torch chances of meeting with China’s Xi Read More »
US Vice President JD Vance met with Indian Prime Minister Narendra Modi after a red carpet welcome in New Delhi on Monday, as India bids for an early trade deal to stave off punishing tariffs.Modi’s office said that there had been “significant progress in the negotiations” with the two countries negotiating the first tranche of …
US VP Vance meets Indian PM Modi for tough talks on trade Read More »
Asian crime networks running multi-billion-dollar cyber scam centres are expanding their operations across the world as they seek new victims and new ways to launder money, the UN said on Monday.Chinese and Southeast Asian gangs are raking in tens of billions of dollars a year targeting victims through investment, cryptocurrency, romance and other scams — …
Asian scam centre crime gangs expanding worldwide: UN Read More »
China on Monday hit out at other countries making trade deals with the United States at Beijing’s expense, vowing countermeasures against those who “appease” Washington in the blistering tariff war as its neighbours rush to secure favourable terms from the White House.While the rest of the world has been hit with a blanket 10 percent …
China slams ‘appeasement’ of US as nations rush to secure trade deals Read More »
US Vice President JD Vance began a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and stave off punishing US tariffs.Vance’s visit comes two months after Indian Prime Minister Narendra Modi held talks with US President Donald Trump at the White House.A red carpet welcome with an …
