World News

Citrini report author urges AI tax to cushion job losses in United States

Technology shares have slid in recent weeks on fears AI could upend business models, with the weekend report from Citrini Research adding to concerns about widespread disruption and job losses

Iran close to deal with China to buy supersonic anti-ship missiles

Iran nears deal with China for CM-302 anti-ship missiles as US carriers mass near its coast, raising stakes in regional standoff

Investors rattled as dystopian AI forecasts spark market selloff

The Citrini report has struck a chord with markets unnerved by AI's potential negative impact

Ministers will no longer meet US ambassador: French foreign minister

France warns US envoy Charles Kushner of restricted access after he skips summons over remarks on far-right activist's death

China imposes export curbs on 20 Japanese firms over remilitarisation

The measures target units of major Japanese industrial conglomerates such as Mitsubishi Heavy Industries' (7011.T), opens new tab shipbuilding and aero engines divisions, the ministry said

US imposes new 10% global tariff starting Tues after Supreme Court verdict

It remains unclear whether and how companies will be refunded for tariff payments made under the regime annulled by the Supreme Court

China to decide on US tariff countermeasures in due course, says ministry

China is willing to hold frank consultations during an upcoming sixth round of US-China economic and trade talks, the commerce ministry official added

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

US small business is disma despite GDP growth under Trump administration

Rising bankruptcies and weak job growth signal mounting pressure on small firms

Most Americans see Trump as erratic with age, Reuters/Ipsos poll finds

The six-day poll concluded on Monday, the day before the 79-year-old president gives his annual State of the Union address to Congress following a month of angry reprimands of lawmakers and judges

UK weighs legal changes to remove Andrew Windsor from line of succession

Experts say the process of removing him from the line of succession could be lengthy because it requires the involvement of about a dozen countries that call the British monarch their head of state

Cartel violence in Mexico raises tourism concerns ahead of FIFA World Cup

Fighting between the Jalisco New Generation Cartel and Mexican security forces raged on in a number of states Monday, fuelling fears among many that there will be more violence to come

Uniform 15% tariff would benefit some Asia-Pacific economies: Moody's

US Supreme Court last week ruled against the Trump administration's country-specific tariffs after which Trump imposed 10 per cent tariffs on all countries for 150 days

Rob Reiner's son Nick pleads not guilty in his parents murder case

Judge told Reiner to return to court April 29 for the scheduling of a preliminary hearing where prosecutors will present evidence and a new judge will decide if it's enough for Reiner to go to trial

China puts Japanese companies on export control lists as tensions rise

Targeted companies include Mitsubishi Heavy Industries subsidiaries in shipbuilding and aircraft engines, plus divisions of Kawasaki Heavy Industries and Fujitsu

Former UK ambassador Peter Mandelson released on bail in Epstein probe

The man was not named, in keeping with British police practice, but the suspect in the case previously was identified as the former diplomat, who is 72

All about El Mencho, the Mexican drug lord killed in military operation

From a small village in Michoacan to leading the powerful CJNG cartel across 60 countries, El Mencho built a vast drug network before being killed in a Mexican army operation in Jalisco

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