GOP Strikes Deal to Revive Trump Tax Plan Amid Internal Divisions
In a significant turn of events for President Donald Trump’s economic agenda, House Republican leaders have struck a deal with holdout lawmakers to advance a sweeping tax policy overhaul. The breakthrough came
NSW Faces Catastrophic Flooding: Nearly 50,000 Isolated, More Rain Ahead
Catastrophic flooding across New South Wales has left nearly 50,000 people stranded and thousands of homes cut off, as the Bureau of Meteorology (BoM) warns that even more rain is on the
Inside China’s Re-engagement on Trump Tariffs: What Drove Beijing to Talk
The recent US China trade talks have captured the world’s attention as both countries adjust their strategies amid increasing economic strain. After President Donald Trump imposed steep tariffs on China, Beijing responded
Aston Martin and Rolls-Royce Shares Jump After US Tariff Relief
British manufacturers breathed a sigh of relief this week as the US-UK trade deal brought some welcome cuts to tariffs on key British exports, sparking a strong rise in the Aston Martin
China Exports Surge as Southeast Asia Trade Offsets US Drop
China’s export numbers defied expectations in April, with China exports surge even as the nation’s trade with the US plunged under the weight of steep tariffs. Instead, robust demand from Southeast Asian countries propelled
EU Weighs New Tariffs on US Aircraft and Cars as Trade Tensions Rise
The European Union is preparing a new round of tariffs on US exports, escalating the ongoing US-EU trade war and putting pressure on President Donald Trump to reconsider his blanket import duties.
Consumer Spending in Japan Rises Despite Dip in Real Wages
Japan’s economy is sending mixed signals as the latest data shows a fall in real wages, but a stronger-than-expected rise in consumer spending. For policymakers and households alike, these trends highlight both
Pakistan Attacks India Along Western Border, India Responds Swiftly
Tensions escalated sharply overnight as Pakistan’s armed forces launched multiple attacks using drones and artillery along India’s western border, according to the Indian army. The latest surge in the India-Pakistan conflict comes
US AI Race vs China: Execs Say Exports and Infrastructure Hold the Key
The US-China AI competition took centre stage in a Senate hearing this week, with top tech executives urging Washington to rethink exports and infrastructure if it wants to keep its leadership position.
Apple Prepares Specialised Chips for Smart Glasses and AI Servers
Apple is reportedly accelerating its push into advanced hardware, developing new specialised chips for future smart glasses, AI servers, and next-generation Macs. According to Bloomberg News, these efforts align with Apple’s strategy