Asian Stocks Rise as Automakers Rally on Tariff Relief, China Lags
Asian stock markets mostly advanced on Tuesday, boosted by gains in automakers after the U.S. announced measures to soften auto tariffs. However, mainland Chinese stocks edged lower amid a lack of new stimulus from...
Putin Declares Three-Day Ceasefire Amid Ukraine War Tensions
03:42 AM|
Politics
Russian President Vladimir Putin announced a three-day ceasefire from May 8 to 10 to mark the 80th anniversary of the Soviet Unions World War II victory. The Kremlin said the pause, coinciding with Victory Day celebrations...
Zelenskiy Praises Ukraine's Intelligence Amid Russian Officer Deaths
03:39 AM|
Politics
Ukrainian President Volodymyr Zelenskiy on Monday commended Ukraines foreign intelligence agency for eliminating top Russian military officials since the war began, without directly addressing the recent car bomb killing...
Pakistan Warns of Imminent Indian Attack Amid Kashmir Tensions
03:37 AM|
Politics
Pakistans Defence Minister Khawaja Muhammad Asif warned Monday that a military incursion by India could happen soon following a deadly militant attack in Kashmir that killed 26 tourists. The attack has sparked outrage in...
Mark Carney's Liberals Win Canadian Election but Fall Short of Majority
03:33 AM|
Politics
Canadian Prime Minister Mark Carneys Liberal Party won the national election on Monday but is projected to fall short of a majority, according to CTV News. Liberals secured 156 seats, while 172 are needed for a majority in...
South Korea’s Exports Expected to Drop in April Amid U.S. Tariff Pressures
03:29 AM|
Economy
South Koreas exports likely declined in April for the first time in three months, hit by escalating U.S. tariffs under President Donald Trump, according to a Reuters survey. Economists polled between April 23-28 forecast a...
Fortescue Boosts Iron Ore Shipments Despite Weather Challenges
03:21 AM|
Business
Fortescue Metals Group (ASX:FMG), the worlds fourth-largest iron ore miner, reported a 6% year-over-year rise in iron ore shipments for the March quarter, reaching 46.1 million tonnes. This helped the Australian mining...
American Airlines Ends JetBlue Partnership Talks, Files Lawsuit Over Northeast Alliance
03:19 AM|
Business
Law
American Airlines announced on Monday that it has terminated partnership discussions with JetBlue Airways, citing unresolved disagreements. The decision follows the collapse of their Northeast Alliance (NEA), a partnership...
Top Stories
BlackRock CEO Larry Fink Warns of U.S. Recession Amid Trade Policy Uncertainty
09:22 AM|
Business
Insights & Views
BlackRock Inc. (NYSE:BLK) CEO Larry Fink expressed deep concern over the U.S. economy, stating he is petrified in the short term due to the uncertainty caused by President Donald Trumps trade policies. In a CNBC interview,...
Yes, government influences wages – but not just in the way you might think
By David Peetz -
09:55 AM|
Insights & Views
Life
Can the government actually make a difference to the wages Australians earn? A lot of attention always falls on the governments submission to the Fair Work Commissions annual wage review, which this year called for a real...
Drug pollution in water is making salmon take more risks – new research
By Jack Brand Et Al -
09:57 AM|
Insights & Views
Nature
Out of sight, out of mind is how we often treat what is flushed down our toilets. But the drugs we take, from anxiety medications to antibiotics, dont simply vanish after leaving our bodies. Many are not fully removed by...
Trump tariff backflip brings a US trade war with China into the crosshairs
By Jonathan Este -
09:58 AM|
Economy
Insights & Views
Politics
You have to marvel at Donald Trumps prescience. After his announcement of Americas new tariffs regime on April 2, liberation day, the stock markets plummeted, causing faint hearts around the world to quail. Nerves...
South African court said no to new coal-fired power: what’s behind the ruling
By Melanie Murcott -
10:02 AM|
Insights & Views
Governance
Three South African environmental and climate justice organisations took the South African government to court in November 2021, to challenge the authorisation of new coal-fired power as part of the countrys energy mix....
[Editorial Cartoon] “Tariff Chicken Game” – U.S. and China Speed Toward Economic Catastrophe
13:35 PM|
Economy
Insights & Views
Market Moving News
Amid rising tensions in the U.S.-China trade war, this weeks editorial cartoon depicts a dramatic chicken game scenario, where two economic superpowers appear locked in a collision course with potentially devastating...