TOKYO (AP) — Global shares were mostly higher on Tuesday after technology stocks pulled Wall Street to another record finish. France’s CAC 40 added nearly 0.9% in early trading to 7,298.06. Germany’s DAX rose 0.7% to 20,041.15, while Britain’s FTSE 100 rose 0.6% to 8,360.63. U.S. shares were set to drift higher with Dow futures…
The United States has launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The latest effort on Monday to hobble Beijing’s chipmaking ambitions also hits Chinese chip toolmakers Piotech, ACM Research and SiCarrier Technology with new export restrictions…
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index. The Dow Jones Industrial Average fell…
MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks…
TOKYO — Asian shares mostly declined on Tuesday as worries spread over President-elect Donald Trump’s comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Japan’s benchmark Nikkei 225 dropped 0.9% to 38,442.00. Australia’s S&P/ASX 200 lost 0.7% to 8,359.40. South Korea’s Kospi dipped 0.6%…
United States President-elect Donald Trump has pledged to slap a 25 percent tariff on all goods from Mexico and Canada and an “additional” 10 percent tariff on Chinese products in response to irregular border crossings and drug trafficking. Trump’s announcement on Monday rattled international markets and offered the clearest indication yet that he intends to…
HONG KONG (AP) — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports…
Presidents of China and Brazil hail ‘new phase’ in relations between two countries, which are major trading partners. Chinese President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva have inked dozens of trade and development deals, as the pair held talks in Brazil’s capital aimed at deepening ties between the two countries….
HONOLULU (Island News) – The Department of Emergency Management reported that an outage occurred for Honolulu’s 911 system on Sunday, November 17, 2024. Officials state that the system is currently down for customers using certain cell providers, including AT&T, Verizon and T-Mobile. The public is advised to contact 911 by using a landline phone. For…
A ship carries shipping containers through Upper Bay in New York, U.S., September 30, 2024. Caitlin Ochs | Reuters Donald Trump’s U.S. election win has left Europe scrabbling to work out how it will be able to contain or counter highly probable tariffs on its exports to the U.S. once the president-elect enters the White…