Taipei, Taiwan – Within hours of United States President Donald Trump announcing tariffs on China, Canada and Mexico over the weekend, his Canadian and Mexican counterparts hit back with their own levies on US goods. The response from China, Washington’s biggest strategic rival, was notably more restrained. China’s Ministry of Commerce did not announce specific…
Stock markets in Hong Kong, Japan and South Korea fell as US prepares tariffs on Canada, China and Mexico. Asian stock markets have dived over fears of a global trade war as the United States prepares to impose trade tariffs. Indices retreated in Hong Kong, Japan and South Korea by about 2 percent as they…
US President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing tariffs on Canadian and Mexican imports and an extra duty on Chinese goods. Trump signed three separate executive orders on Saturday, imposing the tariffs, which have been globally criticised. Here’s what you need to know about…
The United States has imposed stiff tariffs on imports from Mexico, Canada and China, prompting swift retaliatory measures from the country’s North American neighbours. US President Donald Trump signed three separate executive orders on Saturday, imposing 25 percent on goods from Canada and Mexico, and 10 percent on all imports from China. But energy imported…
Wealth management and family offices will be a major growth engine for Hong Kong, as many prominent clans in Asia have shown an interest in setting up entities to manage their fortunes, according to Deloitte’s regional head. Dennis Chow Chi-in, Asia-Pacific chairman of the accounting and consulting firm, believes this will mainly be down to…
Omega Seiki Pvt. Ltd. has secured a robust order book of 2,000 L5 category electric passenger vehicles, strengthening its presence in Uttar Pradesh. The company has decided to strategically target key markets such as Lucknow, Kanpur, Agra, Noida, and Ghaziabad in the first phase of its expansion. With the state emerging as a critical hub…
NewsFeed The White House spokeswoman has said that the US will place 25% tariffs on Canada and Mexico and 10% on China starting from February 1. She cited fentanyl shipments and undocumented border crossings as justifications. Published On 31 Jan 202531 Jan 2025 Source link
PodcastPodcast, The Take Chipmaker Nvidia lost nearly $600bn in market value as China’s AI model DeepSeek shook confidence in US tech dominance. A new AI rival from China is shaking up Silicon Valley. DeepSeek matches ChatGPT’s power but was built faster and for a fraction of the cost. How did they do it, and what…
The Chinese New Year or the Lunar New Year is a major celebration in many Asian countries and their diasporas around the globe. Chinese New Year, also referred to as the Spring Festival, is roughly a two-week-long celebration marking the first day of the Chinese calendar year, which lands on Wednesday this year. Each Chinese…
HONG KONG (AP) — Chinese tech startup DeepSeek ’s new artificial intelligence chatbot has sparked discussions about the competition between China and the U.S. in AI development, with many users flocking to test the rival of OpenAI’s ChatGPT. DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store on Tuesday afternoon…