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Page 563 - World News

US, China declare 90-day tariff pause, agree to mutual reductions

During this 90-day window, the US will lower its tariffs on Chinese goods from 145 per cent to 30 per cent. In a similar move, China will bring down tariffs on American imports from 125% to 10%

US, China declare 90-day tariff pause, agree to mutual reductions
Updated On : 12 May 2025 | 10:53 PM IST

Trump says he will cut prescription drug prices by 59% as shares drop

Donald Trump is scheduled to hold an event at the White House with US Health Secretary Robert F. Kennedy Jr at 9:30 am

Trump says he will cut prescription drug prices by 59% as shares drop
Updated On : 12 May 2025 | 10:44 PM IST

Hamas frees Israeli-American hostage in goodwill move before Trump visit

The Israeli military confirmed that Edan Alexander had been turned over to the Red Cross and was being brought to Israeli forces

Hamas frees Israeli-American hostage in goodwill move before Trump visit
Updated On : 12 May 2025 | 10:13 PM IST

S&P 500 hits March high as US-China tariff cuts ease trade war fears

Stocks are surging on Wall Street after China and the United States announced a 90-day truce in their trade war.

S&P 500 hits March high as US-China tariff cuts ease trade war fears
Updated On : 12 May 2025 | 9:40 PM IST

Trade a big reason why they stopped fighting: Trump on India-Pak conflict

Speaking at an event at the White House, Trump said, 'Trade is a big reason why they stopped fighting.' He also asserted that his administration had a hand in facilitating the agreement

Trade a big reason why they stopped fighting: Trump on India-Pak conflict
Updated On : 12 May 2025 | 9:33 PM IST

US-China talks advance, but questions remain over rare earths, de minimis

The US will lower extra tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on US products from 125% to 10%. However, uncertainty remains over rare earth exports.

US-China talks advance, but questions remain over rare earths, de minimis
Updated On : 12 May 2025 | 5:46 PM IST

Earth's 'twin' planet was more active than we thought - Nasa reveals

NASA researchers discovered new evidence of tectonic activity on Earth's twin planet, Venus, by re-examining decades-old radar data. This gives us fresh insight into evolution of planets

Earth's 'twin' planet was more active than we thought - Nasa reveals
Updated On : 12 May 2025 | 5:35 PM IST

Chemical giants weigh Europe exits amid soaring energy costs, Asian rivals

Sabic, Dow, Shell and others are reviewing European assets as high energy costs global competition and expansions in Asia and West Asia strain the continent's chemical sector

Chemical giants weigh Europe exits amid soaring energy costs, Asian rivals
Updated On : 12 May 2025 | 5:25 PM IST

China boosts Xinjiang rainfall using 1 kg silver iodide and cloud drones

Chinese scientists used cloud seeding drones and just 1 kg of silver iodide to add over 70000 cubic metres of rainfall in Xinjiang enough to fill 30 Olympic-sized swimming pools

China boosts Xinjiang rainfall using 1 kg silver iodide and cloud drones
Updated On : 12 May 2025 | 4:19 PM IST

Pope Leo XIV urges journalist release, also backs free speech, press

Leo received a standing ovation as he entered the Vatican auditorium for his first meeting with representatives of the general public

Pope Leo XIV urges journalist release, also backs free speech, press
Updated On : 12 May 2025 | 4:10 PM IST

4.6 magnitude earthquake strikes Pakistan; third seismic event in 3 days

A 4.6 magnitude earthquake strikes Pakistan days after twin weekend tremors; no damage reported, but experts flag rising seismic activity in the region

4.6 magnitude earthquake strikes Pakistan; third seismic event in 3 days
Updated On : 12 May 2025 | 3:56 PM IST

China unveils LICOMK++ ocean simulator amid US chip sanctions, boosts data

China has developed LICOMK++ the world's most advanced 1km resolution ocean simulator to aid climate forecasting and disaster planning despite US semiconductor sanctions

China unveils LICOMK++ ocean simulator amid US chip sanctions, boosts data
Updated On : 12 May 2025 | 3:17 PM IST

Self-defence insurance booms in US, critics call it 'murder insurance'

Self-defence insurance surges in the US, covering shootings, threats, accidents and cleanup; critics label it 'murder insurance' amid concerns over violence and regulation

Self-defence insurance booms in US, critics call it 'murder insurance'
Updated On : 12 May 2025 | 2:28 PM IST

US firm Vast keen to use Indian rockets for rides to planned space station

The California-based company plans to launch Haven-1, a single-module space station, on a SpaceX Falcon 9 rocket in May 2026

US firm Vast keen to use Indian rockets for rides to planned space station
Updated On : 12 May 2025 | 2:13 PM IST

Russian drones attack Ukraine after Kremlin turns down ceasefire proposal

The US and European governments have made a concerted push to stop the fighting, which has killed tens of thousands of soldiers on both sides

Russian drones attack Ukraine after Kremlin turns down ceasefire proposal
Updated On : 12 May 2025 | 1:44 PM IST

Australian prime minister names new Cabinet that drops Israel critic

Albanese named the 30 lawmakers who will fill Cabinet and outer-ministry positions after his centre-left Labor Party won a landslide victory in the May 3 elections

Australian prime minister names new Cabinet that drops Israel critic
Updated On : 12 May 2025 | 1:37 PM IST

Trump vows to slash US drug prices: Why do Americans pay more for pharma?

Unlike most developed nations, the United States lacks a centralised price control system. Instead, prices are set by pharmaceutical firms and negotiated by insurers

Trump vows to slash US drug prices: Why do Americans pay more for pharma?
Updated On : 12 May 2025 | 1:28 PM IST

Palace in the air: What is Boeing 747-8 that Qatar is gifting Trump

Donald Trump may receive a luxury Boeing 747-8 from Qatar during his West Asia tour as critics raise concerns over ethics corruption national security and foreign influence

Palace in the air: What is Boeing 747-8 that Qatar is gifting Trump
Updated On : 12 May 2025 | 12:50 PM IST

Israeli strike on school-turned-shelter kills at least 16 people in Gaza

The Israeli military says it only targets militants and blames civilian deaths on Hamas because its fighters operate in densely populated areas

Israeli strike on school-turned-shelter kills at least 16 people in Gaza
Updated On : 12 May 2025 | 12:46 PM IST

Israel warns of evacuations at 3 Yemen ports after US-Houthi ceasefire

The evacuation warning issued by the Israel Defence Forces (IDF) Arabic media spokesperson Avichay Adraee on X asked people to evacuate the ports of Ras Isa, Hodeidah, and Salif

Israel warns of evacuations at 3 Yemen ports after US-Houthi ceasefire
Updated On : 12 May 2025 | 11:58 AM IST