Asia Business

China on Friday vowed to take “all necessary countermeasures” after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports — a decision Beijing warned would “seriously impact dialogue”.Trump’s latest move will come into effect on Tuesday alongside sweeping 25 percent levies on Canadian and Mexican imports, intensifying a …

China vows response to latest US tariffs also targeting Canada, Mexico Read More »

US President Donald Trump said Thursday he would impose an additional 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing “unacceptable” drug smuggling.Markets opening in Asia on Friday tracked losses across the world from the previous day, as the Republican’s latest comments fanned fears of a …

Trump says China to face added 10% tariff starting in March Read More »

Asian markets tracked losses across the world Friday as US President Donald Trump’s volley of tariff measures sparked fresh fears about a global trade war that could hammer struggling economies.Disappointing earnings from chip darling Nvidia added to the sense of unease on trading floors, with investors questioning their positions after China’s DeepSeek upended a blockbuster …

Asian markets tumble as Trump tariff salvo fans fresh fears Read More »

Trading in troubled Australian casino operator Star Entertainment was paused on Friday as the company sought to free up enough cash to keep afloat. Star said it was exploring “possible liquidity solutions” — including last-minute bailout offers — but conceded there was “material uncertainty” clouding its future. The Australian Securities Exchange said trading in Star had been …

Trading halted in troubled Australian casino firm Read More »

Global stocks mostly fell Thursday after earnings from artificial intelligence chipmaking leader Nvidia failed to wow the market and US President Donald Trump launched fresh broadsides on trade.While Nvidia reported a staggering $22 billion in quarterly profits, shares finished down 8.5 percent, with investors seemingly wanting more from the company.”Investors have gotten used to having …

Global stocks mostly fall on Nvidia results, fresh Trump tariff talk Read More »

From tariffs to counter “unfair trade” to duties over illegal immigration and fentanyl smuggling, President Donald Trump has unleashed a volley of threats since taking office, sparking fears of widening trade tensions.Since January, Trump has unveiled and suspended levies on Canada and Mexico, and imposed additional tariffs on China that he plans to ramp up …

Trump tariffs: What’s been done and what is to come? Read More »

The US Federal Bureau of Investigation on Wednesday accused North Korea of being behind the theft of $1.5 billion worth of digital assets last week, the largest crypto heist in history.Dubai-based cryptocurrency exchange Bybit reported last week that it had been robbed of 400,000 in cryptocurrency Ethereum.According to the company, attackers exploited security protocols during …

North Korea behind $1.5 billion crypto theft, FBI says Read More »

As a fixture of India’s burgeoning craft beer scene, Varsha Bhat is a rarity twice over: first as a woman who brews alcohol, and second as a woman who drinks it.Bhat is staking a claim to a male-dominated industry in a country where social mores compel most women to stay teetotal. The 38-year-old had for years …

The women brewing change in India, one beer at a time Read More »

Asian markets fluctuated Thursday as investors tried to assess US President Donald Trump’s latest tariffs salvo, while earnings from chip titan Nvidia failed to impress, despite another record performance.Hong Kong was again the region’s standout performer as the Hang Seng Index chalked up a 20 percent year-to-date gain — pushing it above 24,000 points for …

Asian markets mixed after latest Trump tariff threat Read More »

Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its founding family failed to put together a white-knight buyout.Last year Seven & i rejected an offer worth nearly $40 billion from Canadian rival Alimentation Couche-Tard (ACT) which would have been the biggest foreign …

7-Eleven owner shares plunge as family buyout fails Read More »