BANGKOK — BANGKOK (AP) — Asian markets surged Monday after Wall Street finished a winning week, overcoming worries over bank lending and the trade war with China. U.S. futures edged higher while oil prices fell. Japan’s benchmark Nikkei 225 jumped 2.9%, to 48,970.40, setting a new record, after its governing Liberal Democrats found a new…
Australia may have spotted a lucrative hole in the market for rare-earth metals, which are crucial for the defence industry and for manufacturing products necessary for the development of artificial intelligence (AI), such as semiconductors. Last week, China, which has a stranglehold on the supply of these critical minerals, tightened its export controls over its…
Jose Raul Mulino says the visa-removal policy is ‘not coherent’ with the ‘good relationship’ he hopes to have with the US. Published On 16 Oct 202516 Oct 2025 Click here to share on social media share2 Share Panama President Jose Raul Mulino said that someone at the United States Embassy has been threatening to cancel…
China and the US have started charging additional port fees on shipping vessels as trade tensions between the world’s two largest economies soared back, following China’s rare earth export controls in response to new trade restrictions imposed by the Trump administration. The port fees from both sides went into force on Tuesday and have caused…
The United States and China have started charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies. A return to an all-out trade war appeared imminent last week, after China announced a major expansion…
The United States’s artificial intelligence (AI) investment boom might be an economic bubble that could burst, comparable to the dot-com bust in the early 2000s, according to the International Monetary Fund. The IMF’s chief economist, Pierre-Olivier Gourinchas, forecasted that the bust would be less likely to be a systemic event that would crater the US…
The EV tax incentive was scrapped as part of US President Donald Trump’s mega tax and spending bill passed earlier this year. Published On 14 Oct 202514 Oct 2025 Click here to share on social media share2 Share General Motors will take a $1.6bn hit in the third quarter as it reshapes its electric vehicle…
The United States soya bean harvest is under way, and in rural Maryland, farmer Travis Hutchison cracks open a pod to show that the field is nearly dry enough for reaping. But a decent yield is not enough to secure his income this year, with China – once the biggest buyer of US soya bean…
The secretary of the US Treasury says President Trump may call off his 100 percent tariff threat on China as negotiations continue. Plans for United States President Donald Trump to meet his Chinese counterpart Xi Jinping in South Korea in late October remain intact, despite resurgent trade tensions between the two countries, US Treasury Secretary…
A team of Indian officials will visit the US again this week to take forward the discussions on a trade agreement (BTA) which both sides aim to conclude by November-end, a senior official said Monday. The talks this time, like the past two engagements, are unlikely to be through a formal structure. “Talks are progressing…