Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant’s television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP.”He died from cardiac arrest today,” a Samsung spokesperson said, adding that Han was survived by his wife and three children.Han joined Samsung in 1988 …
Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders were also looking ahead to the release of key US inflation data.A surge in tech giants including Tesla and Nvidia helped New York markets higher, with sentiment buoyed by indications from the White House …
US President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.Since returning to the White House in January, Trump has unleashed tariffs on US allies and foes alike, attempting to strong-arm both …
Trump to impose sharp tariff on countries buying Venezuelan oil Read More »
Wall Street rose sharply on Monday, as the White House indicated that President Donald Trump was contemplating imposing less drastic US tariffs next week than previously thought. Investor sentiment has been jolted in recent weeks by fears that the president’s hardball policies could deal a painful blow to the global economy.April 2 is now the focus …
Wall Street lifted on hopes for softer Trump tariffs Read More »
South Korean auto giant Hyundai on Monday announced a multi-billion-dollar investment in the United States, including a new $5.8 billion steel plant.The plant, which will be based in the US state of Louisiana, “will create 1,300 American jobs,” Hyundai executive chairman Euisun Chung told reporters at a White House event alongside President Donald Trump.The move …
Hyundai announces new $21 billion investment in US manufacturing Read More »
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in …
Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue Read More »
Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a painful blow to the global economy.A report saying US President Donald Trump was considering a more targeted approach to the levies, which are expected to kick in on April 2, …
Asian markets fluctuate as traders prepare for ‘Liberation Day’ Read More »
Pakistan on Sunday charged a Baloch rights activist with terrorism, sedition and murder after she led a demonstration which ended in the death of three protesters, according to police documents.Mahrang Baloch, one of Pakistan’s most prominent human rights advocates, has long campaigned for the Baloch ethnic group, which claims it has been targeted by Islamabad with …
Pakistan charges Baloch activist with ‘terrorism’ Read More »
China’s number two leader on Sunday called for “dialogue” with Washington, during a meeting in Beijing attended by prominent US business executives and a key congressional ally of President Donald Trump.Relations between the world’s two largest economies have plunged in recent weeks, as blanket tariffs imposed by Trump threaten China’s trade prospects.Premier Li Qiang’s comments …
Chinese premier calls for ‘dialogue’ as US senator visits Beijing Read More »
Major global stock markets mostly suffered another difficult day Friday, with heightened concerns over the potential fallout from US President Donald Trump’s tariff agenda blunting confidence.Gold held firm after hitting a new record Thursday. Oil prices picked up slightly amid simmering tensions in the crude-heavy Middle East, where Israel threatened to annex part of the …
Global stocks mostly slump as Trump tariffs hit confidence Read More »
