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 […]

‘It was close, but China changed because of tariffs’: Donald Trump on TikTok deal

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday claimed that a deal over the future of TikTok in the United States was nearly finalised but China pulled back in response to new American tariffs.Speaking aboard Air Force One, Trump said Beijing’s change of stance came after Washington slapped an additional […]

‘You have to take medicine to fix something’: Donald Trump after global markets tumble

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday doubled down on his decision to impose sweeping tariffs on imports from around the world, saying he would not back off unless trade imbalances with the US were addressed. Speaking to reporters aboard Air Force One, Trump acknowledged the economic uncertainty caused […]

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell […]

After Trump’s tariffs, stocks plunged but penguin memes ticked up

The Trump administration this week levied sweeping tariffs across the globe, provoking retaliation from other countries and sending the stock market tumbling. An unexpected consequence? Penguin memes. Images of the flightless birds have waddled their way across the internet this week after President Donald Trump imposed tariffs on Heard Island and McDonald Islands, Australian territories […]

Bangladesh grants Musk licence for Starlink rollout

DHAKA: Bangladesh said on Sunday it had granted a licence to tech billionaire Elon Musk’s Starlink satellite internet service, as punishing US tariffs raise fears for its key garment sector. The Starlink service will be unveiled at a government-backed investment summit that opens in Dhaka on Monday.“We granted them approval,” Chowdhury Ashik Mahmud, chairman of […]

70 pro-Awami League lawyers jailed, to face assault charges over 2024 anti-govt protests

DHAKA: A court in Dhaka on Sunday sent to prison 70 lawyers known for their support for the Awami League party to face charges of “assault” and “attempt to murder” of fellow advocates during last year’s mass uprising that toppled then PM Sheikh Hasina’s govt.Court officials said Dhaka’s metropolitan sessions judge Mohammad Zakir Hossain ordered […]

Amadou Bagayoko, Half of Malian Duo Who Went Global, Dies at 70

Amadou Bagayoko, a Malian guitarist and composer who with his wife, the singer Mariam Doumbia, formed Amadou & Mariam, inventing a broadly accessible sound that made fans of people worldwide who otherwise knew little about music from Africa, died on Friday in Bamako, Mali’s capital. He was 70. His death was announced by the Malian […]

Brooke Rollins: Who is Brooke Rollins? Trump’s agri secretary at heart of tariff policy debate

File photo: US agriculture secretary Brooke Rollins (Pictur credit: AP) US agriculture secretary Brooke Rollins, who took up the charge previous month, has stirred fresh debate over the future of US President Donald Trump’s trade tariffs after her recent TV appearance. Rollins was seen dodging direct questions on whether the levies would remain in place.Speaking […]

Palestinian-American Boy Killed: 14-year-old Palestinian holding American citizenship killed by Israeli Forces in West Bank

Representative image (Picture credit: AP) A 14-year-old Palestinian-American boy was shot and killed by Israeli forces during an incident in the West Bank town of Turmus Ayya on Sunday, Palestinian officials said, with Israeli authorities claiming he was among a group of “terrorists” hurling rocks at cars on a nearby highway.According to the town’s mayor, […]