April 14, 2025
Sydney 29

Asian shares plunge as US markets reverse gains, Japan’s Nikkei down 5.6%: 10 things to know

NEW DELHI: Asian markets on Friday slumped with Tokyo’s Nikkei 225 nosediving over 5.6% in early trade, as investors reacted to mounting fears that the US-China trade war is spiralling out of control. The fresh jitters come a day after Wall Street erased much of its historic rally, triggered earlier in the week by President […]

Appeals court backs Trump firing thousands of probationary federal workers

A federal appeals court has ruled in favour of the Trump administration on Wednesday, allowing it to proceed with the dismissal of thousands of probationary federal employees. This overturns a previous court order in Baltimore that had required reinstatement.The court ruled that the employees’ terminations should be challenged through the federal employment process rather than […]

Trump Media: Trump Media expands to Canada and Mexico as tariff chaos engulfs world markets, stock rises 3.2%

File photo: US President Donald Trump (Picture credit: AP) Trump Media & Technology Group (TMTG), the company behind US President Donald Trump’s Truth Social platform, has officially launched its mobile and streaming services, Truth Social and Truth+ TV, in Canada and Mexico, marking its first major international expansion.According to Forbes, TMTG CEO Devin Nunes announced […]

Us Rep Byron Donalds: Who is Byron Donalds? Trump-endorsed Congressman turning heads in Florida’s governor race

File photo: Byron Donalds (Picture credit: AP) US Rep Byron Donalds is once again in the headlines after a video of him being shouted down by voters during a campaign stop went viral. The Florida Republican, who is running for governor in 2026 with US President Donald Trump’s endorsement, attempted to engage with a group […]

Michelle Obama: ‘Was making a choice’: Michelle on divorce rumours with Barack Obama

‘Was making a choice’: Michelle on divorce rumours with Barack Obama Michelle Obama has firmly dismissed rumours that she and former US president Barack Obama are heading for divorce, calling the speculation unfounded and rooted in society’s discomfort with women making independent choices.Speaking on Sophia Bush’s Work in Progress podcast, the former US First Lady […]

US-China trade war intensifies: Beijing raises tariffs on US goods to 84% after Trump’s 104% duty move

The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global stability, […]