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18973 articles published since 08 Mar 2022

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Most Asian markets start week on positive note
Most Asian markets start week on positive note
Economy

Asian markets mostly rose Monday as investors assessed the global economic outlook while Donald Trump pushes ahead with his trade war. Investors are also keeping tabs on developments over the Ukraine war after Trump said Sunday he could meet Russian counterpart Vladimir Putin "very soon", adding he believed he genuinely wanted to stop the fighting.

Trump tariffs fuel US auto anxiety
Trump tariffs fuel US auto anxiety
Economy

A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month. Auto analysts believe foreign automakers may in the coming months unveil plans to expand or build new factories in the United States.

China winter sports sector zooms along despite climate risk ahead
China winter sports sector zooms along despite climate risk ahead
Economy

Packed slopes, plush turtle butt pads and 11-dollar passes: this is low-cost skiing in China, where winter sports are on a government-greased track to take in a projected $137 billion this year. The cheapest daytime passes at the two-slope ski area cost around $11 for two hours, including gear hire.

Trump tariffs loom large in South Korea's 'steel city'
Trump tariffs loom large in South Korea's 'steel city'
Economy

Smoke billows from chimneys as factories churn in South Korea's steelmaking heartland, now under threat from Washington's swingeing new tariffs on the port city's largest export. It is home to the nation's top steelmaker, POSCO, a major force in South Korea's industrialisation and development as an export powerhouse, alongside giants like Hyundai Steel and Dongkuk Steel.

Spanish tourist hotspot Malaga to ban horse-drawn carriages
Spanish tourist hotspot Malaga to ban horse-drawn carriages
Economy

A pair of tourists admire the shimmering Mediterranean from their horse-drawn carriage on the seaside promenade in Spain's southern port of Malaga -- a postcard image whose days are numbered. Animal rights activists criticise horse-drawn carriages for tourists because of the strain they put on the animals, especially during the searing summer heat.

OpenAI board rejects Elon Musk-led buyout offer
OpenAI board rejects Elon Musk-led buyout offer
Economy

OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," chairman of the board Bret Taylor said in a statement posted by the company on Musk-owned X, formerly Twitter.

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