World News

US probes China-linked factories in Vietnam, stoking new tariff fears

US customs officials have conducted spot inspections at China-linked factories in Vietnam to check for transshipment, local value addition and intellectual property violations

Johnson & Johnson to pay $5.5 billion to settle talc-related cancer claims

The agreement requires the participation of lead plaintiff firms in ovarian talc litigation pending in state and federal courts that represent at least 95% of claims

Trump backs new talks but it's unclear what he hopes to achieve this time

Iran denied President Trump's claim that it wants to talk, and gave no sign that it would make concessions or speak directly with US officials

Seats on hundreds of Boeing 737 MAX jets may need inspections: US FAA

The FAA's proposed airworthiness directive issued on Monday would apply to ​453 jets registered in the US

US looks to boost anti-China spending worldwide by hundreds of millions

Trump admin notified Congress that it intends to spend $175.8 million to replace outdated and aging undersea telecommunications cables in Caribbean and Central America to prevent China from moving in

Gunfire targets US Consulate in Toronto again, no injuries reported

The US Consulate was targeted March 10, when two suspects allegedly fired multiple shots at the building before driving away in a stolen vehicle

Trump admin urges SC to revive mail voting order before midterm polls

The emergency appeal comes after an appeals court upheld a ruling blocking the president's order in nearly half the country ahead of November's midterm elections

Houthis seek to mirror Iran's Hormuz strategy in Red Sea, says Yemeni FM

Yemen's foreign minister-designate says the Houthis aim to replicate Iran's Strait of Hormuz strategy by disrupting shipping through the Bab el-Mandeb, raising the risk of wider conflict in Red Sed

US, Tehran having 'good talks' as drones hit Iran's neighbours, says Trump

Despite Trump's optimism, Tehran appeared to quickly test the pause in the US military campaign, with Saudi Arabia, Jordan and Iraq reporting drone attacks on Monday

Foreign secy meets vice minister of Chinese Communist Party in Beijing

Foreign Secretary Misri and Vice Minister Sun discussed ways to deepen implementation of the guidance of the leaders for bilateral relations

Kevin Warsh faces biggest challenge yet as Fed weighs rate decision

Keeping rates unchanged would leave the Fed's policy options open while giving officials more time to see how the economy is evolving

Amazon Leo proposes 5,105-satellite network for phone connectivity

The ​proposed network would provide voice, messaging, data and emergency services in areas beyond the ​reach of terrestrial cellular networks, with satellite deployment beginning in 2028

US 'forced labour' tariffs unjustified, amount to protectionism: China

The commerce ministry, in a statement, accused Washington of long manipulating the issue of forced labour, calling the new tariffs a ​typical act of unilateralism and protectionism

Mediators report progress in US-Iran talks as regional tensions persist

Two drone attacks were reported against a Kurdish Iranian dissident group in Iraq, and Jordan said it had shot down two drones, without saying where they originated

Nvidia in talks with OpenAI to guarantee $250 bn financing for data centre

The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio

Dollar slips as Iran truce hopes lift risk appetite before Fed meeting

Against the ​yen, the U.S. dollar was down 0.1% at 163.645 yen, on course for its sharpest daily decline ​since July 10

Why is Warner Bros taking Amazon to court over one executive hire?

Amazon is facing a lawsuit from Warner Bros. Discovery over the hiring of a senior executive. Here's what the legal battle is about

What is CXMT and how did it become China's most valuable listed firm?

China's biggest memory chipmaker has stunned global markets with a blockbuster stock market debut. Here is what the company does and why investors are betting big on it

Trump admin's Section 301 tariff policy may face legal challenge, says GTRI

GTRI says the US is offering preferential tariff treatment to some recent trade partners despite identical Section 301 determinations, preserving the benefits of recent trade agreements.

CXMT surges 466% in debut, becomes China's most valuable listed firm

The explosive debut ​crowned CXMT as China's most valuable listed company, overtaking banking giant Industrial and Commercial Bank of China, long the market's heavyweight