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Trump announces new tariffs as deadline nears
BMW profits slump on China woes, US tariffs
BMW profits slump on China woes, US tariffs

BMW said Thursday its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs.

July 31, 2025

RECENT NEWS

Russia strikes kill six in Kyiv, Moscow says captured key town
Russia strikes kill six in Kyiv, Moscow says captured key town

Russian strikes on Kyiv killed at least six people, officials said Thursday, as Moscow claimed the capture of a town that had been a key stronghold for the Ukrainian army in the east of the country.

July 31, 2025

Firms in Vietnam walk tightrope as Trump's transshipping rule looms
Firms in Vietnam walk tightrope as Trump's transshipping rule looms

As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.

July 31, 2025

China summons chip giant Nvidia over alleged security risks
China summons chip giant Nvidia over alleged security risks

Chinese internet authorities summoned Nvidia on Thursday to discuss "serious security issues" over some of its artificial intelligence (AI) chips, as the US technology giant finds itself entangled in trade tensions between Beijing and Washington.

July 31, 2025

RECENT NEWS

Puppet ban in Indonesian capital threatens buskers
Puppet ban in Indonesian capital threatens buskers

In the sweltering streets of Jakarta, buskers carry towering, hollow puppets and pass around a bucket for donations. Now, they fear becoming outlaws.

July 31, 2025

RECENT NEWS

Most markets down as Fed holds and Trump announces fresh tariffs
Most markets down as Fed holds and Trump announces fresh tariffs

Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.

July 31, 2025