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Xi's Vietnam trip aiming to 'screw' US, says Trump
China's President Xi Jinping paid tribute to Vietnam's late revolutionary leader Ho Chi Minh on Tuesday, his last day of a trip to Hanoi that President Donald Trump said was aiming to "screw" the United States.
Asian stocks mixed as stability returns, autos lifted by exemption hope
Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector. After a broadly positive day on Wall Street, Asian markets fluctuated.
Meta news ban intensifying Canadians' legacy media break
As Canada heads into an election this month, voters looking for campaign news on Facebook or Instagram will find material filtered through online creators and influencers -- and no links to articles from major media outlets.
Chinese EV battery giant CATL posts 33% surge in Q1 profit
The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows. Net profit in the first quarter was up 32.9 percent year-on-year to 13.96 billion yuan ($1.91 billion), according to a statement CATL released on the Shenzhen Stock Exchange Monday.
China's economy likely grew 5.1% in Q1 on export surge: AFP poll
China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say. They also expect that to have boosted economic growth in the first quarter.
S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites
South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs. South Korea's finance ministry said "growing uncertainty" following rounds of US tariff threats had left the powerful industry clamouring for government support.
LVMH sales dip as Trump tariffs dent luxury tastes
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday. The group behind Loewe and Dior likewise saw its worldwide fashion and leather goods revenue fall by four percent in the first quarter to 10.1 billion euros.
Man charged over Tesla arson as anti-Musk wave sweeps US
A man who allegedly torched two vehicles at a Tesla dealership and painted "Die Elon" on the side of the building has been hit with federal charges, the US Department of Justice said Monday. If convicted of the two counts of malicious damage or destruction of property by fire or explosives, he could be jailed for up to 20 years on each count, the Department of Justice said.
Goldman Sachs profits rise on strong equity trading results
Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets. Revenues tied to equity trading soared 27 percent from the year-ago level, with Goldman benefiting from strong demand for its services to facilitate trading and providing financing to clients trading stocks.
AFP
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