World News

Trump's 10% global levy takes effect as US moves to rebuild tariff wall

Trump is applying the 10 per cent baseline levy under Section 122 of the 1974 Trade Act, which allows the president to impose the charge for 150 days without congressional approval

Ex-South Korean President Yoon appeals life sentence for martial law decree

Yoon's Dec 3, 2024, martial law lasted six hours until lawmakers breached a military blockade at the National Assembly and voted to revoke it, forcing his Cabinet to lift the order

Asian markets wobble as Wall Street selloff rattles investor confidence

Tokyo's Nikkei 225 rose 0.8 per cent and China's CSI 300 gained 1.3 per cent as markets there played catch-up after a holiday

EU hits pause on US trade deal after Trump announces 15% global tariff

The European Parliament's trade committee postponed a ratification vote after Trump announced new tariffs, following a US Supreme Court ruling blocking his emergency import taxes

Mexican forces tracked drug lord El Mencho to cabin by following his lover

Top security officials revealed details of the operation that led to the death of Mexico's most wanted drug cartel leader

Trump eyes new trade probes to revive tariffs after court setback

The administration announced that a 10 per cent levy would be imposed beginning Tuesday morning, which Trump subsequently threatened to increase to 15 per cent

Wall Street stocks drop as Trump ramps up tariffs, AI fears mount

The S&P 500 sank 0.8 per cent after Trump said on Saturday that he would place temporary 15 per cent tariffs on other countries

Paramount raises bid for Warner Bros, intensifies Hollywood takeover battle

The fight for Warner Bros. is one of the biggest media deals in years and whichever company wins, it will likely have great influence on the entertainment industry going forward

Panama moves to occupy canal ports after court scraps CK Hutchison deal

The occupation applies to movable equipment at the ports and 'does not imply the definitive loss of ownership rights,' Panamanian President Mulino said

Trump admin faces tough legal landscape to oppose tariff refunds

In a 6-3 decision last week, the justices declared President Donald Trump's use of an economic emergency powers law illegal

Maryland sues DHS to stop 'massive' immigration detention facility

DHS paid more than $100 million for a commercial warehouse near the town of Williamsport, Maryland, in January as part of a nationwide effort by the Trump administration to expand detention facility

BAFTA, BBC apologise for racial slur during awards ceremony on Feb 22

The highly offensive word could be heard as "Sinners" stars Michael B. Jordan and Delroy Lindo, who are both Black, were presenting the award for best visual effects during Sunday's ceremony

Canada prepares aid for Cuba amid fuel shortages worsened by US oil embargo

Cuba is facing an increasingly dire energy crisis, heightened after oil shipments from Venezuela, were halted when the US attacked the South American country in early January and arrested its leader

US sheds light on its allegation of Chinese nuclear test, fear of arms race

President Trump in October pointed to US intentions to resume nuclear tests for the first time since 1992, but Energy Secretary Chris Wright later said such tests would not include nuclear explosions

Former UK ambassador to US Peter Mandelson arrested amid Epstein probe

Mandelson had resigned from the House of Lords and Labour Party earlier this month following damaging allegations related to his association with sex offender Jeffrey Epstein

Three killed as US military strikes alleged drug boat in Caribbean Sea

Monday's attack brought the death toll to at least 151 people since the Trump administration began targeting those it calls "narcoterrorists" in small vessels in early September

UK police arrest Peter Mandelson in misconduct probe over Epstein ties

It did not name Mandelson, in keeping with British police practice, but the suspect in the case has previously been identified as Mandelson

Robotaxis set to enter London market; black cab drivers skeptical

While self-driving cabs aren't new, London's ancient road layout and busy streetscapes could pose special challenges for the technology

Hegseth to meet Anthropic CEO to discuss military use of Claude AI

According to its Monday report, Defense officials say the Pentagon's talks with Anthropic are on the verge on collapsing

EU pauses work on US trade deal as Trump's tariffs stir uncertainty

Trump moved rapidly over the weekend to replace those levies. But he has now applied a 15 percent tariff on nations around the world