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Ford Motor may raise prices of its new vehicles in May if U.S. President Donald Trump’s auto tariffs are not eased, Automotive News reported on Wednesday, citing a memo to dealers. Both U.S. and foreign automakers have rushed to alleviate…
WASHINGTON -U.S. Health Secretary Robert F. Kennedy Jr. said on Wednesday that he plans to commission a series of studies to identify environmental contributors to autism he claims are linked to its rising prevalence in the country. Speaking at his…
NEW YORK – A former New York City police sergeant was sentenced to 1-1/2 years in prison on Wednesday over his 2023 conviction for acting as an illegal Chinese agent. Michael McMahon was charged with being hired as a private…
DETROIT – The chairman of Nissan Americas, Christian Meunier, said on Wednesday he is concerned that tariffs may drive already eye-popping vehicle prices even higher. “Cars are becoming completely unaffordable,” Meunier told Reuters. “It’s not fair for the middle class…
NEW YORK -Some baby food manufacturers are failing to meet California’s standards for lead, which are the most stringent in the nation, according to a Reuters analysis of new test results released for the first time. The results are being…
The interest rate for the most popular U.S. home loan jumped to 6.81% last week, its highest level in two months, following a turbulent week for financial markets as President Donald Trump pressed on with a deepening trade war. The…
WASHINGTON – The Associated Press accused aides to President Donald Trump of defying a court order restoring its access to press events in the White House after a judge found the news agency had faced unlawful retaliation. In a court…
U.S. President Donald Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, The Wall Street Journal reported on Tuesday citing people with knowledge of the conversations. U.S. officials plan to…
SINGAPORE – Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring it to obtain licenses to sell its China-focused artificial intelligence chip, according to two…
European shares slipped on Wednesday after a strong start to the week, as concerns over corporate profits deepened following news that Nvidia would shoulder billions in charges due to U.S. export curbs to China. Adding to tech woes, ASML, the…
NEW YORK – U.S. President Donald Trump threatened to strip Harvard of its tax-exempt status on Tuesday and said the university should apologize, a day after it rejected what it called unlawful demands to overhaul academic programs or lose federal…
KUALA LUMPUR – China’s President Xi Jinping called for support for the international system centred around the United Nations, trade and the rule of law as he continued on a Southeast Asian tour amid a sharp deterioration in China-U.S. relations….
CAIRO – Gaza has become a “mass grave” for Palestinians and those trying to help them, medical charity MSF said on Wednesday, as medics said the Israeli military killed at least 13 in the north of the enclave and continued…
A Russian drone attack on the Black Sea port city of Odesa overnight injured three people, sparked fires and damaged homes and civilian infrastructure, officials of the southern Ukrainian region said on Wednesday. Various morning attacks by Russian aviation and…
DUBAI – Iran’s right to enrich uranium is not negotiable, Foreign Minister Abbas Araqchi said on Wednesday, ahead of a second round of talks in Oman this weekend with the United States about Tehran’s disputed nuclear programme. Araqchi was responding…
Australia’s top fuel retailer Ampol reported a 49% drop in first-quarter refining margins for its Lytton refinery in Queensland on Wednesday, citing weakness in refining profits in Singapore — a bellwether for Asia. The company said its Lytton refinery margin…
BEIJING – China’s economy is expected to have slowed in the first quarter in the face of a prolonged property downturn, as policymakers brace for the impact of hefty U.S. tariffs that analysts say pose the biggest risk to the…
U.S. Treasury Secretary Scott Bessent in an interview with Yahoo Finance on Tuesday dismissed concerns over China weaponizing its Treasuries despite bond market volatility and added there was no risk of China potentially using its robust Treasury pile to inflict…
WASHINGTON -World Bank President Ajay Banga said on Wednesday he has had constructive talks with the Trump administration about the development lender but he did not know how much the U.S. would contribute to the bank’s fund for the world’s…
HOUSTON – Oil prices rose more than $1 a barrel on Wednesday on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of Iranian oil. Brent crude futures rose $1.06, or 1.64%, to $65.73 a barrel by…
California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump’s sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation. Trump imposed 10% tariffs on goods…
Chinese online marketplace Temu and fast-fashion retailer Shein will raise prices on their products next week as President Trump’s crackdown on low-value imports and sweeping tariffs increase expenses for the companies known for their low-priced offerings. In letters to customers…
UNITED NATIONS – China will next week convene an informal United Nations Security Council meeting to accuse the United States of bullying and “casting a shadow over the global efforts for peace and development” by weaponizing tariffs. The move comes…
The man charged with setting fire to the Pennsylvania governor’s mansion while the governor and his family were there sleeping told police he did it because of the governor’s stance on the war in Gaza, according to a search warrant…
The Trump administration is weighing penalties that would block China’s DeepSeek from buying U.S. technology and debating barring Americans’ access to its services, the New York Times reported on Wednesday.
JAKARTA -Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil Lahadalia told local media on Tuesday. Indonesian officials are…
BEIJING – Property investment in China fell 9.9% in the first three months of 2025 from a year earlier, after dropping 9.8% in the January-February period, official data showed on Wednesday. Property sales by floor area were down 3.0% in…
WASHINGTON – One of U.S. Defense Secretary Pete Hegseth’s leading advisers, Dan Caldwell, was escorted from the Pentagon on Tuesday after being identified during an investigation into leaks at the Department of Defense, a U.S. official told Reuters. Caldwell was…
SYDNEY – Australian politicians were gifted about A$245,000 ($147,000) in match tickets over nearly two years by the country’s most popular sporting leagues as part of a lobbying campaign against a proposed ban on advertising of online gambling, according to…
A look at the day ahead in European and global markets from Stella Qiu It’s been a sea of red in Asia so far on Wednesday, with new U.S. moves turning up the heat in the trade war with China,…