June 8, 2025
Sydney 29

ASEAN-GCC-China: Three-way Summit seeks economic resilience against US tariffs

ASEAN, Gulf nations, and China convened in Kuala Lumpur to bolster economic cooperation (Image credits: AP) Southeast Asian and Gulf nations are set to hold a three-way summit with China on Tuesday in Malaysia’s Kuala Lumpur, aiming to boost economic ties and strengthen regional cooperation amid growing global uncertainty and rising US trade tension.The summit […]

EU agrees to lift economic sanctions on Syria

The European Union has decided to lift its economic sanctions on Syria, the bloc’s foreign policy chief Kaja Kallas said on Tuesday.“Today, we took the decision to lift our economic sanctions on Syria,” Kallas said in a post on social media platform X.“We want to help the Syrian people rebuild a new, inclusive and peaceful […]

Xi in Moscow: China’s role in Russia’s economic survival | World News

Chinese President Xi Jinping (Photo: AP) Chinese President Xi Jinping is in Moscow this week for Russia’s Victory Day Parade, where his Russian counterpart, Vladimir Putin, unleashs a display of military might to help cement ties with Beijing.The parade, a celebration of the 80th anniversary of the Soviet triumph over Nazi Germany in World War […]

China claims labour day travel surge, but Netizens raise doubts over economic reality

Representative AI image (Credit: Meta AI) Tourism in China saw a notable rise with increased consumer spending during the five-day Labour Day holiday; however, Chinese social media users questioned these statistics, citing various economic issues and declining exports, according to Radio Free Asia (RFA), quoted by ANI.According to China’s ministry of transport data, daily cross-regional […]

Trump Approval Rating Today: Trump’s economic approval rating falls to 37%; 75% US adults worry about recession

Donald Trump’s economic approval rating falls further. President Donald Trump’s economic approval rate further nosedived, according to a Reuters/Ipsos poll released Wednesday. About 37 per cent of Americans approved of Trump’s handling of the economy, which is five points down since his inauguration. It is also the lowest rating Trump ever received on economy, combining […]

US strikes destroy key Yemen port, ‘economic source of power’ of Iran-backed Houthis

The United States military announced on Thursday it conducted strikes to “destroy” Yemen‘s key Ras Isa Port. The objective of the action, it said, was to “degrade” the port, an “economic source of power” of the Houthis.The US military’s Central Command (CENTCOM) carried out the strikes.In a statement on its X handle, CENTCOM said, ” […]

Xi says China will stand with Southeast Asian countries in face of economic shocks | World News

BANGKOK: Chinese leader Xi Jinping told Malaysia‘s leader Wednesday that China will be a collaborative partner and stand with its Southeast Asian neighbors in the wake of global economic shocks. “In the face of shocks to global order and economic globalization, China and Malaysia will stand with countries in the region to combat the undercurrents […]

Donald Trump’s approval rating after tariff: Majority blaming him more than Biden for economic chaos in this poll

Donald Trump’s approval rating reaches the lowest of his second term. A new CBS poll brings bad news for President Donald Trump as 75 per cent of 2,410 US adults said that Trump’s new tariffs would increase prices in the short term. Trump has paused the Liberation Day tariffs for all countries except China but […]

Trump says Tehran may soften stance on nukes amid military and economic strain

US President Donald Trump said Friday that Iran’s vulnerabilities—after months of domestic unrest, international sanctions, and military setbacks—could make it more open to discussions. He says diplomacy is his preferred path, though he warned Iran would face “great danger” if talks fail. Speaking aboard Air Force One, Trump said he wants Iran to be “a […]

MAGA billionaires balk at Donald Trump’s tariff gambit, warn of ‘economic nuclear winter’

TOI correspondent from Washington: Prominent Trump acolytes and business leaders are jumping of the MAGA tariff train as the US President’s gambit — capricious to some and audacious to others — threatens to derail global trade and commerce that he wants to re-order.In the first signs of dissent in the higher MAGAsphere, Elon Musk publicly […]