US President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday — but then said he may be flexible on his new August deadline to reach deals.Trump sent letters to trading partners including key US allies Japan and South Korea, announcing that duties he had suspended in …
Trump says new tariff deadline ‘not 100 percent firm’ Read More »
Most stocks rose Tuesday as traders cautiously welcomed Donald Trump’s extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.Days before the three-month pause on his “Liberation Day” tariffs was set to expire, the US president said he would give governments an extra three …
Most markets rise as Trump sends tariff letters, delays deadline Read More »
Protests in Bangladesh that toppled the government last year triggered a diplomatic pivot, with Dhaka warming towards China after neighbouring India was angered by the ousting of its old ally Sheikh Hasina.One year since the protests, that realignment risks intensifying polarisation — and fears of external interference — as political parties in Bangladesh jostle for …
After the revolution, Bangladesh warms to China as India fumes Read More »
Stock markets were mixed Monday with US indices retreating from records as President Donald Trump’s aggressive trade policy came back to the forefront, reviving worries about trade wars and inflation.”Tariff threats look likely to take center stage yet again this week, following further developments over the weekend,” noted Richard Hunter, head of markets at Interactive …
US stocks retreat from records on Trump tariff deluge Read More »
BRICS leaders at a summit on Sunday took aim at US President Donald Trump’s “indiscriminate” import tariffs and recent Israeli-US strikes on Iran.The 11 emerging nations — including Brazil, Russia, India, China and South Africa — account for about half the world’s population and 40 percent of global economic output.The bloc is divided about much, …
BRICS nations slam Trump tariffs, condemn strikes on Iran Read More »
US President Donald Trump announced he would send the first tariff letters to various countries on Monday, days before his deadline for trading partners to reach a deal expires.Trump said on Sunday that he will send a first batch of up to 15 letters, warning that US levies on imports will snap back to the …
Trump says to send first tariff letters on Monday Read More »
Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump’s tariff deadline, though investors took heart after he said the levies would not kick in until the start of next month.While the White House has said several deals were in the pipeline, only two have been finalised ahead …
Asian markets drop as Trump’s tariff deadline looms Read More »
US President Donald Trump has said he will send letters to select trade partners facing tariff hikes as early as Monday, piling pressure on countries to strike a deal with Washington before a new August 1 deadline.The White House announced sharp levies on dozens of economies in April, citing a lack of “reciprocity” in trade …
Where do trade talks stand in the rush to avert higher US tariffs? Read More »
In the heart of Data Center Alley — a patch of suburban Washington where much of the world’s internet traffic flows — Visa operates its global fraud command center.The numbers that the payments giant grapples with are enormous. Every year, $15 trillion flows through Visa’s networks, representing roughly 15 percent of the world’s economy. And …
Visa’s 24/7 war room takes on global cybercriminals Read More »
Sipping green tea in his garden of roses, ex-communist party official Nguyen Van Cuong says he is “jobless but happy” after Vietnam cut 80,000 state roles this week.But fretting at home after leaving public employment once considered a job-for-life, Nguyen Thi Thu told AFP she feels “empty” over a future that is no longer certain.Vietnam …
Vietnam’s laid-off communist officials face uncertain future Read More »
