Page 624 - World News

Why does Apple still manufacture in China? Old video of Tim Cook explains

"It's not cheap labour," Apple CEO Cook said in a 2017 interview to Fortune Magazine, adding that China's strength lies in its pool of skilled tooling engineers and manufacturing precision

Birkin bag for $1,400, Lululemon for $6: China's clapback at Trump tariffs

Chinese suppliers and manufacturers have taken to platforms like X and TikTok to showcase their craftsmanship and offer direct-to-consumer sales at a fraction of retail prices

Goldman Sachs Q1 profit up 15% as trading gains offset banking slump

The Wall Street lender joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits. But investors have shifted their focus on to economic projections, which are being clouded by tariff

China will ensure stable diplomatic ties with neighbourhood: Xi Jinping

In an article published in Vietnam's Nhan Dan newspaper ahead of his visit, Xi said China would deepen friendly cooperation with neighbouring countries by ensuring continuity of relations

Bangladesh court issues arrest warrant for Hasina's niece Tulip Siddiq

A range of charges relate to corruption has been brought against Tulip Siddiq and other family members of Sheikh Hasina

Ecuador's President Daniel Noboa wins re-election; opposition cries fraud

The 37-year-old conservative millionaire has won his first full-term as president after coming to power in a snap election in October 2023, following the dissolution of Ecuador's legislature

China's ports stall as US tariff hike to 145% hits trade, halts factories

Local business owners stated that stacks of shipping containers, which did not make it onto ships bound for the US by the April 9 deadline

Japan presses US for swift tariff talks amid rising business losses

The talks come as Japan continues to push for exemptions from US tariffs, including a 25 per cent duty on global auto imports that began in early April

Islamabad seeks Tehran's cooperation over killing of 8 Pakistanis in Iran

Pakistan's Ambassador to Iran, Muhammad Mudassir, wrote on X that the eight were labourers and that Islamabad and Tehran were working on facilitating the repatriation of the bodies

Dubai Airport retains title as busiest international hub, Heathrow second

Dubai International Airport remains the world's busiest international hub in 2024, with 92.3 million passengers, while London Heathrow secures the second spot in global rankings

Trump tariffs to impact millions of Chinese workers in a blow to economy

Trump's 145% tariffs on China's goods are threatening to obliterate its access to the world's biggest economy, with Goldman Sachs estimating that up to 20 mn people may be exposed to US-bound exports

South Korea sees Trump starting tariff talks with Seoul, Japan and India

Acting President Han Duck-soo said he expected there to be a video meeting between the US and South Korean officials on the proposed Alaska LNG project soon, Yonhap News Agency reported

Katy Perry among 6 women heading to space: Details of Blue Origin's mission

Katy Perry, Lauren Sanchez, and four other women are set to make history as part of Blue Origin's all-female crew for a suborbital space mission, launching on Monday from Texas

Wisconsin teen killed parents to fund plot to assassinate Trump, FBI says

Nikita Casap is currently in the Waukesha County jail on a $1 million bond and is expected in court next month to enter a plea

Oil is cheap but still not a bargain as risks loom over market outlook

Oil has dropped 20% to a four-year low since Trump took office-but that still doesn't make it a bargain

China's exports jump 12.4%, imports fall as Trump pushes US tariffs higher

US President Donald Trump has ratcheted up tariffs on Chinese goods to hefty levels that many economists say will profoundly impact global trade flows and business investment

No country 'off the hook': Trump says tariff exemptions will be short lived

This statement came after the US Customs and Border Protection said smartphones, laptops, and other electronics from China would not be included in the recent 145 per cent reciprocal tariffs

Xi Jinping calls for stronger China-Vietnam industrial ties amid trade war

Chinese President Xi Jinping has embarked on his first international trip to meet with leaders in Vietnam, Malaysia, and Cambodia amid US trade war

Trump to host El Salvador's Bukele amid controversial deportation deal

Since March, El Salvador has taken over 200 Venezuelans deported by the US, accused of gang ties, and placed them in a notorious maximum-security prison near San Salvador

Despite court order, US won't detail plans to bring deported man back

Kilmar Abrego Garcia, a legal US resident protected by a 2019 court ruling, was mistakenly deported to a Salvadoran prison, alongside others accused of gang ties