President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when they meet, as American farmers grapple with fallout from his trade wars.”The Soybean Farmers of our Country are being hurt because China is, for ‘negotiating’ reasons only, not buying,” Trump wrote on his Truth Social platform.”I’ll …
Trump says to push China’s Xi on soybeans as US farmers struggle Read More »
Taiwan “will not agree” to making 50 percent of its semiconductors in the United States, the island’s lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil.Vice Premier Cheng Li-chiun’s remarks came after US Secretary of Commerce Howard Lutnick said he had proposed to Taiwan a 50-50 split in …
Taiwan says ‘will not agree’ to making 50% of its chips in US Read More »
When Prime Minister Narendra Modi declared India’s “late entry” into the global semiconductor race, he pinned hopes on pioneers such as Vellayan Subbiah to create a chip innovation hub.The chairman of CG Power, who oversees a newly commissioned semiconductor facility in western India, is seen as one of the early domestic champions of this strategic …
India ready to rev up chipmaking, industry pioneer says Read More »
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector.Seoul logged more than $16.6 billion in exports of semiconductors last month, up by more than a fifth from September 2024, according to data from the country’s industry ministry.The …
South Korea posts record semiconductor exports in September Read More »
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a bigger cost hit from US tariffs.Shares of the sports giant jumped in after hours-trading as Nike executives said their strategic pivot — branded as “Win Now” — was beginning to see greater success.”I’m encouraged by the …
The Dow finished at a fresh record Tuesday as markets largely shrugged off the likelihood of a partial US government shutdown due to a stalemate on budget talks.Major US equity indices veered in and out of negative territory throughout the day before finishing in the black. The Dow Jones Industrial Average was up 0.2 percent …
Dow ends at record as US stocks shrug off shutdown risk Read More »
The United Nations called on Afghanistan’s Taliban authorities Tuesday to immediately restore internet and telecommunications in the country, 24 hours after a nationwide blackout was imposed.The government began shutting down high-speed internet connections to some provinces earlier this month to prevent “immorality”, on the orders of shadowy supreme leader Hibatullah Akhundzada.Mobile phone signal and internet …
UN calls for Taliban to restore internet as Afghanistan goes dark Read More »
Searchers in Indonesia raced Tuesday to rescue dozens of people still believed trapped a day after the collapse of an Islamic school building that has already left three dead, authorities said.Tearful families desperate for news of their loved ones crowded around the flattened multi-storey building, as rescuers navigated a maze of concrete rubble in the …
Dozens missing, three dead in Indonesia school collapse Read More »
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown as markets eyed key budget talks set for Monday afternoon.Following a mostly positive round of trading in Europe and Asia, Wall Street’s main indices finished modestly higher. US President Donald Trump was expected to meet with congressional leaders Monday …
Stock markets shrug off US government shutdown fears Read More »
Australian telecommunications giant Optus said Monday it had suffered a network outage that prevented calls to emergency services, just over a week after a similar interruption that has been linked to four deaths.Optus — one of Australia’s top telecoms providers — said the outage on Sunday impacted thousands of people in New South Wales and …
Embattled Australia telco giant hit by another major outage Read More »
