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20233 articles published since 08 Mar 2022

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China's 'new farmers' learn to livestream in rural revitalisation
China's 'new farmers' learn to livestream in rural revitalisation
Economy

Gao Chaorong knows what it takes to turn out good crops of sweet potatoes, peanuts and wheat, but tasty produce is no longer enough to draw China's app savvy crowd. He has also emphasised the vital role that agriculture plays in China, the world's top producer of commodities including rice and wheat.

Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks
Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks
Economy

Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals. He also warned "no extensions will be granted" to his August 1 deadline for tariff deals, after he pushed back his previous cut-off of July 9 to allow more time for talks.

Major US teachers union teams up with AI giants
Major US teachers union teams up with AI giants
Economy

The second biggest teachers union in the United States unveiled a groundbreaking partnership Tuesday with AI powerhouses Microsoft, OpenAI, and Anthropic to develop a comprehensive training program helping educators master artificial intelligence. Microsoft is contributing $12.5 million, OpenAI $10 million, and Anthropic $500,000.

United Airlines to resume US service to Tel Aviv
United Airlines to resume US service to Tel Aviv
Economy

United Airlines said Tuesday it would resume service between Tel Aviv and its Newark/New York hub on July 21, 10 days earlier than previously planned. United subsequently said it would pause service with Tel Aviv through at least July 31.

Trump says 'no extensions' to Aug 1 tariff deadline
Trump says 'no extensions' to Aug 1 tariff deadline
Economy

President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, a day after he appeared to signal flexibility on the date. But the president this week again delayed their reimposition, pushing it back to August 1.

German exports to US tumble as Berlin urges quick trade deal
German exports to US tumble as Berlin urges quick trade deal
Economy

German exports to the United States plummeted in May, official data showed Tuesday, as Berlin pressed the European Union to strike a quick tariff deal with US President Donald Trump. German Chancellor Friedrich Merz last week called on the EU to strike a "quick and simple" bargain with the United States, saying Germany's "key industries" needed clarity. vbw/sea/rl

Cambodian garment workers fret Trump's new tariff threat
Cambodian garment workers fret Trump's new tariff threat
Economy

As Cambodian garment workers took breaks from toiling in sweltering factories on Tuesday, they feared for their jobs after US President Donald Trump's threat to impose a 36 percent tariff. "I fear that the high tariff will affect factories and will result in fewer jobs for workers," said the 47-year-old.

Bulgaria to get final green light to adopt euro in 2026
Bulgaria to get final green light to adopt euro in 2026
Economy

EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member. - Euro club gets bigger - Only 12 countries were part of the single currency area -- including France, Germany, Italy, Spain, and Greece -- when the first euro bills and coins were rolled out on January 1, 2002.

Major garment producer Bangladesh seeks deal after 35% US tariff
Major garment producer Bangladesh seeks deal after 35% US tariff
Economy

Bangladesh, the world's second-biggest garment manufacturer, holds hope to reduce the 35 percent tariff that US President Donald Trump said he will impose, the country's top commerce official told AFP on Tuesday. Trump hit Bangladesh with 37 percent tariffs in an April 2 announcement, but in a letter issued Tuesday, the US leader said it would now be 35 percent.

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