Trump hits dozens of countries with new tariffs
US President Donald Trump has signed an executive order that set new tariffs on a wide swath of US trading partners to go into effect on August 7 — the…
Australia spared from higher Trump tariffs
Australia will be spared from higher tariffs after the Trump administration announced new levies for dozens of countries. The White House on Friday, Australian time, revealed the US president’s decision…
Asia shares fall as US unleashes fresh tariffs
Asian shares fell on Friday after the US slapped dozens of trading partners with steep tariffs, while investors anxiously await US jobs data that could make or break the case…
Amazon reports solid 2Q results despite Trump tariffs
Amazon has posted higher fiscal second-quarter profit and sales, helped by its four-day sales event in July and underscoring its resilience despite tariff uncertainty. The Seattle-based company also offered on…
Trump gives Mexico 90-day tariff reprieve
US President Donald Trump gave Mexico a 90-day reprieve from higher tariffs to negotiate a broader trade deal but was expected to issue higher final duty rates for most other…
Vatican to become the world first carbon-neutral state
Italy has agreed to a Vatican plan to turn a 430-hectare field north of Rome, once the source of controversy between the two, into a vast solar farm that the…
Business tax overhaul on wishlist of productivity tsar
Australia should cut taxes for small businesses and implement a new tax that allows immediate investment deductions, the Productivity Commission says, laying the groundwork for the government’s economic roundtable. The…
World stocks mixed on weak data and upbeat earnings
World stocks are mixed, with markets mulling a raft of economic indicators including central bank rate decisions, inflation data and last-minute trade deal negotiations before US President Donald Trump’s August…
Trump ramps up trade war with Canada over Palestine
US President Donald Trump has intensified his trade war with Canada a day before his August 1 deadline for a tariff agreement, saying it will be “very hard” to make…
US will set 15pc tariff on S.Korean imports in new deal
the US will charge a 15 per cent tariff on imports from South Korea, down from a threatened 25 per cent, President Donald Trump says, as part of a deal…