News
Trump’s ‘Liberation Day’ will go down in history – just not as he hoped
IT’S starting to look like one of the largest self-inflicted wounds the US has ever suffered. The broad S&P 500 – the measure of US economic expectations and the cornerstone...
‘Nowhere to hide.’ How Apple and others in Silicon Valley are bracing for Trump tariffs
SAN FRANCISCO — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy.Apple makes most of its iPhones...
China says ‘market has spoken’ after US tariffs spark sell-off
Trump has introduced additional 34 per cent tariffs on Chinese goods as part of steep levies imposed on most US trade partners[BEIJING] China said on Saturday (Apr 5) “the...
Honda sets up dedicated business in US to tap into space boom
The Japanese automaker is a relatively new but ambitious player in the space business[DETROIT] Honda Motor has created a space business unit in the US to promote its technology...
Musk and OpenAI jury trial to begin in spring next year
The startup is currently raising a funding round of up to US$40 billion led by Japanese tech investment group SoftBank[OAKLAND] Billionaire Elon Musk’s lawsuit against OpenAI will go to...
Microsoft, turning 50, dials up Copilot actions to stay in AI game
[REDMOND] Thousands of people swooned in a dark conference hall that felt more like a rock concert when a Microsoft product manager demonstrated the company’s latest feature: how to...
China hits back at US tariffs with export controls on key rare earths
[BEIJING/LONDON] China placed export restrictions on rare earth elements on Friday (Apr 4) as part of its sweeping response to US President Donald Trump’s tariffs, squeezing supply to the...
TikTok deal put on hold after China indicated it would reject it over tariffs: sources
[WASHINGTON] A deal to spin off the US assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs...
Oil dives 7% to lowest in over three years on China’s tariffs
[HOUSTON] Oil prices plunged 7 per cent on Friday (Apr 4) to settle at their lowest in over three years as China ramped up tariffs on US goods, escalating...
‘Worst-case scenario’ for tech wipes US$1.4 trillion from Nasdaq
[NEW YORK] There’s virtually nowhere to hide for many US technology companies under President Donald Trump’s new tariff regime, the harshest in a century.
After Thursday’s (Apr 3) slump wiped...
