AFP
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Trump trade war pushes firms to consider stockpiling
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn't so straightforward this time around. He said the practice has limits as tariffs are constantly changing and it isn't always practicable.
Chinese tea hub branches into coffee as tastes change
At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of coffee, a modern twist on the region's traditional drink. Liao Xiugui himself drinks two or three cups a day, and credits the caffeinated beverage for keeping him spry in his advanced years.
Turkey's opposition says Erdogan's canal plan behind latest arrests
Prosecutors in Turkey announced dozens more arrests Saturday as part of an ongoing corruption probe, denounced by opposition leaders as a pretext to remove resistance to an ambitious Istanbul canal project.
Foreign carmakers strive for 'China Speed' to stay in race
In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.
Xi says China must 'overcome' AI chip challenges
President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.
India and Pakistan's Kashmir fallout hits economy too
Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations. - Third country trade - But analysts say Pakistan's decision to halt trade is unlikely to have a major impact, as regular diplomatic flare-ups between the two nations over decades have prevented close economic ties.
Developing countries should fast-track US trade deals: World Bank president
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington.
Trump tariff promises get a reality check
A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and partners still unresolved -- and anxiety building over the state of the global economy.
IMF chief hails 'constructive' Spring Meetings held under tariff uncertainty
The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week had shown a "remarkably constructive spirit," despite the uncertainty from Donald Trump's tariff plans.
AFP
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