July 8, 2025
Sydney 29

China eases monetary policy, slashes key rates as Donald Trump’s tariffs hit growth

A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US […]

US says hit over 1,000 targets in Yemen since mid-March

WASHINGTON: Washington reported striking over 1,000 targets in Yemen since mid-March in an air campaign against Huthi rebels, as the UK said Wednesday it carried out a joint strike on drone-making facilities.The Huthis began targeting shipping in the Red Sea and Gulf of Aden in late 2023 and the United States responded with strikes against […]

What Made Nani Be Afraid Of The Fame That His Profession Would Bring

New Delhi: Nani is one of the biggest South superstars out there who is currently busy promoting his next film HIT: The Third Case. The film also stars Srinidhi Shetty in the lead. Recently in a conversation with Bollywood Bubble, during the promotions of the film, Nani got candid about how he initially feared the […]

Watch: Three explosions hit Moscow’s business district

Three explosions were reported on Wednesday in Moscow’s central business district. According to Russian state media, the incident began when a car exploded in an underground parking lot at a shopping mall, sparking a fire.Several unverified videos on social media showed a huge fireball followed by thick smoke rising into the sky near the Afimall […]

Harvard defies Trump, hit with $2.2bn funding freeze

US President Donald Trump (File Image) The Trump administration acted quickly Monday to punish Harvard University after it refused to comply with a list of demands from the federal govt that the school said were unlawful.On Monday afternoon, Harvard became the first university to refuse to comply with the administration’s requirements, setting up a showdown […]

Myanmar hit by 5.5 quake weeks after deadly 7.7 temblor

7.7 magnitude quake that struck Myanmar on March 28 (AP photo)” decoding=”async” fetchpriority=”high”/> 7.7 magnitude quake that struck Myanmar on March 28 (AP photo) A 5.5 magnitude earthquake struck central Myanmar on Sunday morning near Meiktila, a small city in the Mandalay region, according to the US geological survey (USGS).The tremor is one of the […]

Hundreds of flights and trains cancelled in Beijing as high winds, sandstorms hit China

Residents walk against strong winds in Beijing, China, Saturday, April 12, 2025. (AP) Strong winds affected Chinese capital Beijing and parts of northern China on Saturday, leading to the cancellation of hundreds of flights, closure of tourist sites, and suspension of train services, according to state media. The China Meteorological Administration (CMA) said the winds […]

Spain’s PM Pedro Sanchez turns to China as Trump’s tariffs hit EU

Pedro Sánchez (AP photo) Spanish Prime Minister Pedro Sánchez has embarked on a diplomatic trip to Asia, visiting Vietnam as US tariffs on European Union products come into effect. Sánchez lands in Hanoi on Wednesday, where he will meet Vietnam’s top leader, To Lam. On Thursday, Sánchez is set to visit Ho Chi Minh City, […]

Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]

Donald Trump’s reciprocal tariffs: Which countries take the hardest hit and which escape?

NEW DELHI: US President Donald Trump on Thursday imposed broad new tariffs, introducing a universal 10% tax on all imports, with additional levies ranging from 10% to 50% depending on trade imbalances. The measures, enacted under the 1977 International Emergency Economic Powers Act, aim to counter trade deficits and strengthen domestic manufacturing. While Trump defends […]