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TAIPEI -U.S. President Donald Trump’s 90-day pause on most tariffs gives breathing space for more in-depth talks, and Taiwan hopes to take advantage of the “huge” U.S. market for more balanced trade, the island’s foreign minister said on Thursday. In…
SEOUL -South Korea’s top trade envoy Cheong In-kyo said on Thursday that U.S. President Donald Trump’s tariff reprieve had provided room for negotiations, as the country seeks to reduce tariffs through talks. Cheong met U.S. Trade Representative Jamieson Greer about…
European shares surged on Thursday after U.S. President Donald Trump announced an immediate 90-day pause on tariffs for many trading partners, prompting a massive relief rally following a days-long market rout. The suspension of punishing tariffs on dozens of countries…
BEIJING – China’s commerce ministry said on Thursday that China is open to dialogue with the U.S. but this must be on the basis of mutual respect and equality. Pressure, threats and blackmail are not the right way to deal…
BERLIN – German economic institutes on Thursday cut their growth forecast for this year to 0.1% from the 0.8% expected in September, taking into consideration initial U.S. tariffs on steel, aluminium and cars, confirming an earlier Reuters report. Exports-dependent Germany…
TAIPEI – Taiwan’s exports rose more than expected in March to a record level as customers placed orders ahead of expectations of U.S. tariffs, with uncertainty over global trade policy clouding the outlook. Exports jumped 18.6% from the same month…
DUBAI – Iran may suspend cooperation with the UN nuclear watchdog if external threats continue, an adviser to Iran’s supreme leader said on Thursday, after U.S. President Donald Trump again warned of military force if Tehran does not agree to…
KYIV – Technical consultations between the United States and Ukraine on a minerals deal will begin in Washington on Friday, the Interfax Ukraine news agency quoted Ukrainian Deputy Prime Minister Olha Stefanishyna as saying on Thursday.
OSLO – Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, will remain calm in the face of turbulent times, upholding a long-term investment strategy that is widely agreed upon, the government said in a strategy update on Thursday. The…
MOSCOW – The United States and Russia swapped prisoners on Thursday, bringing a dual citizen jailed in Russia back home in return for a Russian-German national accused of exporting sensitive U.S. electronics for use in Russia’s military. Following are some…
KYIV – Ukraine has told the U.S. that accepting curbs on the size of its armed forces or on its military’s overall readiness would be a red line, a senior Ukrainian official said, as Donald Trump strives to negotiate an…
BEIJING -China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump’s escalation of U.S. tariffs on imported Chinese goods. After three decades during which China annually imported 10 Hollywood movies, its National…
MADRID – Deep-pocketed U.S. citizens paid the highest prices for Spanish property of all foreign buyers last year, while making the most purchases in some central and northern regions, data showed on Thursday, exacerbating a housing crisis in the country….
BRUSSELS – European Commission President Ursula von der Leyen on Thursday welcomed US President Donald Trump’s announcement of a pause in reciprocal tariffs. “Clear, predictable conditions are essential for trade and supply chains to function,” she said in a statement…
KYIV -Russian drones attacked the Ukrainian capital of Kyiv and the southern city of Mykolaiv overnight, injuring at least 12 people, authorities said on Thursday. Two women were injured in the capital, where drones also sparked a fire at a…
ISTANBUL- Russia and the United States are set to hold talks in Turkey on Thursday on normalising the work of their diplomatic missions after the war in Ukraine triggered the biggest confrontation between Moscow and the West since the depths…
Kering shares jumped 10.8% in early Thursday trading after Italian newspaper Corriere della Sera reported that the luxury group was in talks to sell a building in Milan to a Qatari fund for more than 1.3 billion euros ($1.43 billion)….
CAIRO/GAZA – Farah Abu Qainas hoped to become a teacher but an Israeli air strike last year injured her so badly she lost her left leg, throwing all her future plans into doubt and adding the 21-year-old to a list…
WASHINGTON – Imposing tariffs on U.S. imports from the Philippines could affect the U.S. ally’s ability to afford U.S. weapons systems and a long-discussed $5.58 billion plan to acquire F-16 fighter jets, Manila’s ambassador to Washington told Reuters. The Philippines…
QAMISHLI, Syria – Syrian Kurds are set to demand a federal system in post-Assad Syria that would allow regional autonomy and security forces, a senior Kurdish official told Reuters, doubling down on a decentralised vision opposed by the interim president….
SANTOS – Brazil’s Santos Port Authority, which administers the largest port in the Southern Hemisphere, said the draft of the port will be deepened to attract larger vessels in coming years. Speaking at the headquarters of the Santos Trade Association,…
Iran and Armenia were set to conclude two days of joint military exercises along their shared border on Thursday, amid tensions over Iran’s nuclear program and between longtime rivals Armenia and Azerbaijan. Armenia’s defence ministry said in a statement on…
NEW DELHI – A Pakistani-born Canadian businessman accused of helping to orchestrate the 2008 attacks in Mumbai, one of India’s deadliest, arrived in New Delhi on Thursday after the U.S. extradited him in the first such transfer in a terrorism…
El Nino-Southern Oscillation, or ENSO, neutral conditions are expected to develop and persist through the Northern Hemisphere summer, with a greater than 50% chance through August-October, the United States’ Climate Prediction Center said on Thursday. WHY IT’S IMPORTANT La Nina…
OTTAWA – Canadian Prime Minister Mark Carney on Thursday said he would convene a meeting of top cabinet colleagues on Friday to discuss the threat posed to the economy by U.S. tariffs. Carney, speaking to a televised press conference in…
CAIRO/GENEVA/GAZA – The bombs still haven’t killed Rehab Akhras and her family. But if the checkpoints that Israel has sealed off since the start of March are not opened soon, she says hunger surely will. Six weeks since Israel completely…
MEXICO CITY -Most of the Bank of Mexico’s five governing board members agreed that the risks associated with U.S. President Donald Trump’s tariffs will add uncertainty to the future path of inflation, minutes of its March 27 monetary policy decision…
BERLIN – The European Union and China have begun negotiations on the abolition of EU tariffs on imports of Chinese electric cars, German newspaper Handelsblatt reported on Thursday. EU trade commissioner Maros Sefcovic met China commerce minister Wang Wentao during…
BRUSSELS – The European Union and the United Arab Emirates have agreed to launch free trade talks, the EU and UAE said on Thursday, amid the upheaval and uncertainties created by U.S. President Donald Trump’s decision to impose tariffs. He…
Chinese tea chain Chagee said on Thursday it was targeting a valuation of up to $5.1 billion in its U.S. initial public offering, braving choppy market conditions. Market volatility stemming from uncertainty over U.S. trade policy has tempered IPO activity…