Business
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South Korea holds emergency meeting on Trump’s potential steel tariffs
SEOUL – South Korea’s Industry Ministry said on Monday it held an emergency meeting with steelmakers in Seoul to discuss…
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Trump confirms EU tariffs “definitely coming” amid trade war with Mexico, Canada, China
WASHINGTON – President Donald Trump said he would talk on Monday with the leaders of Canada and Mexico, who have…
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China vows ‘countermeasures’ to Trump tariff, keeps door open for talks
BEIJING – China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while…
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Investors brace for corporate profit hit and inflation pressure after Trump’s tariff order
Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation after President Donald Trump on…
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Trump leverages IEEPA to impose tariffs on Mexico, Canada, and China, a sanctions tool turned trade weapon
WASHINGTON – President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing…
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Retaliation expected from top three US trading partners as Trump readies order for steep tariffs
WASHINGTON – U.S. President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25%…
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Singapore affirms commitment to law as U.S. accuses DeepSeek of using smuggled chips
Singapore’s trade ministry said on Saturday there is no reason to believe that DeepSeek obtained any export-controlled products from Singapore,…
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Toyota Retains Top Automaker Spot for 5th Consecutive Year
TOKYO, January 30, 2025 – Japanese automotive giant Toyota announced on Thursday that while its sales declined in 2024, it…
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Nvidia struggles to rebound after AI rout, US stocks down
Nvidia shares failed to recover Tuesday while US stocks traded lower, a day after the US chipmaker was battered on…
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Chinese AI startup DeepSeek overtakes ChatGPT on Apple Store, putting investors on edge
BEIJING – Chinese startup DeepSeek’s AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on…
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