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Trump targets China with biggest salvo so far in second term

WORLD

Trump targets China with biggest salvo so far in second term

In recent days, President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic American sectors.

China central bank's policy flip-flop sows confusion over timing of rate cuts

BUSINESS

China central bank's policy flip-flop sows confusion over timing of rate cuts

The People’s Bank of China hasn’t cut interest rates in nearly half a year despite its most pro-easing stance in 14 years.

US federal agencies tell workers to pause reply to Elon Musk's threat

WORLD

US federal agencies tell workers to pause reply to Elon Musk's threat

The Pentagon and Department of Justice have told workers to pause on replying to the Trump administration’s email, citing potential legal pitfalls and agency autonomy

German conservatives seal election, seeking coalition talks

WORLD

German conservatives seal election, seeking coalition talks

The biggest potential points of friction between the CDU and SPD will likely be over social welfare spending, migration and expected state financing to fund massive outlays to bolster the defense sector.

Asian stocks fluctuate, dollar dips after US data

MARKETS

Asian stocks fluctuate, dollar dips after US data

Benchmarks in Hong Kong and mainland China traded in tight range while a gauge of Asian equities edged lower after hitting a four-month high Friday

Ukraine opposes size of minerals fund to pay back US war aid

WORLD

Ukraine opposes size of minerals fund to pay back US war aid

There is currently no such a straightforward demand, but the lack of assurances of future military and financial aid remains a sticking point in the talks.

Berkshire set to gradually raise stakes in Japan trading houses

WORLD

Berkshire set to gradually raise stakes in Japan trading houses

The positive comments from the veteran investor will be in focus for traders when the Japanese market reopens on Tuesday following a public holiday.

UK to announce new sanctions against Russia on Monday

WORLD

UK to announce new sanctions against Russia on Monday

The US engagement with Russia provoked alarm among European nations and Ukraine’s President Volodymyr Zelensky.

Trump team pushes Mexico toward tariffs on Chinese imports

WORLD

Trump team pushes Mexico toward tariffs on Chinese imports

Mexican President has ramped up efforts to crack down on cheap imports from China, a move to appease Trump administration that’s threatening 25% tariffs on its North American trade partners.

Dollar reprieve brings global funds back to emerging-Asia stocks

WORLD

Dollar reprieve brings global funds back to emerging-Asia stocks

Investors are increasingly taking the view that the tariff threats announced by Trump are mainly negotiating tactics.

Pope Francis is in critical condition, Vatican says

WORLD

Pope Francis is in critical condition, Vatican says

Francis was hospitalized after what doctors called an increasingly complex health issue.

Berkshire Hathaway’s operating profit jumps as rates lift income

BUSINESS

Berkshire Hathaway’s operating profit jumps as rates lift income

Operating earnings were $14.5 billion in the three months through December, Warren Buffett’s Omaha, Nebraska-based conglomerate said Saturday in a statement.

Coinbase says SEC is close to dismissing enforcement case

BUSINESS

Coinbase says SEC is close to dismissing enforcement case

The SEC sued Coinbase in June 2023 as part of a broad crackdown on the digital-asset industry in the aftermath of the collapse of crypto exchange FTX.

Billionaire Perot sees 'big concern' on Trump tariff threats

WORLD

Billionaire Perot sees 'big concern' on Trump tariff threats

“It’s inflationary and it’s confusing,” Perot said in an interview, adding that he remains a Trump supporter despite his concerns around tariffs because he thinks the new president will be good for business in the long run.

DOGE staffer behind racist posts reinstated at Social Security

WORLD

DOGE staffer behind racist posts reinstated at Social Security

Marko Elez, who reportedly advocated for a “eugenic immigration policy” and argued against mixed-race relationships in posts on X, received support from Musk, President Donald Trump and Vice President JD Vance after his departure earlier this month.

Behind Elon Musk's X turnaround: Pick-and-Choose financials

WORLD

Behind Elon Musk's X turnaround: Pick-and-Choose financials

The company is talking to investors about a fresh equity fundraising that would catapult it back to the $44 billion valuation it had in 2022 when Musk purchased the platform then called Twitter.

India, Vietnam at risk of major setback from Trump's steel tariff

BUSINESS

India, Vietnam at risk of major setback from Trump's steel tariff

The global steel industry is braced for the impact of Trump’s planned 25% levies, due to start on March 12

US puts Russian sanctions on the table in Ukraine war talks

WORLD

US puts Russian sanctions on the table in Ukraine war talks

Treasury Secretary Scott Bessent said Thursday that the US is prepared to either ramp up or take down penalties based on the Kremlin’s willingness to negotiate.

Elon Musk calls for ending NASA Space Station program early

WORLD

Elon Musk calls for ending NASA Space Station program early

“The decision is up to the President, but my recommendation is as soon as possible,” Musk wrote Thursday on his social media site X. He argued that the ISS “has served its purpose”.

Chinese President Xi Jinping risks becoming top US threat if Trump cuts deal with Putin

WORLD

Chinese President Xi Jinping risks becoming top US threat if Trump cuts deal with Putin

China has, so far, avoided any action that might provoke Trump, responding to his 10% tariff with modest moves and refraining from the aggressive "Wolf Warrior" diplomacy rolled out in his first term.

Apple’s Tim Cook meeting with Trump as tariffs threaten iPhones

BUSINESS

Apple’s Tim Cook meeting with Trump as tariffs threaten iPhones

Tim Cook’s company risks being caught in the middle of an escalating trade fight between the US and China, with Trump’s 10% tariff on Chinese-made goods posing a challenge for Apple as it seeks to address sluggish iPhone sales.

Alibaba leads Asian stocks higher after earnings

WORLD

Alibaba leads Asian stocks higher after earnings

Equities in Hong Kong and a gauge of Asian shares advanced after Alibaba surged as much as 11% on the back of its earnings

Trump says new China trade deal ‘possible’ despite tensions

BUSINESS

Trump says new China trade deal ‘possible’ despite tensions

Trump did not describe the parameters of a potential deal, and any agreement would face significant obstacles — some of the president’s own making

Donald Trump eyes giving taxpayers cut of DOGE savings amid uproar

WORLD

Donald Trump eyes giving taxpayers cut of DOGE savings amid uproar

The remarks were the latest signal that Trump is working to justify his DOGE effort, which has sent shockwaves through Washington

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