World

In an unexpected turn of events, the newly imposed U.S. tariffs on auto imports have cast a shadow of uncertainty across Asian automakers. When President Donald Trump announced a staggering 25% tariff on foreign-made cars, the reaction from the market was immediate and severe. Companies such as Toyota, Nissan, and Hyundai witnessed drastic declines in
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The recent economic dialogue between South Korea, China, and Japan marks an essential turning point in East Asian trade relations. After five years of stagnant negotiations, these three powerhouse nations are finally acknowledging the need for collaboration amid the tumultuous political climate shaped by U.S. tariffs under former President Donald Trump. This new dialogue is
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Novo Nordisk, a powerhouse in the pharmaceutical industry, recently found itself in a precarious position due to the lukewarm results of its anticipated obesity drug, CagriSema. During the Annual General Meeting held in Copenhagen, CEO Lars Fruergaard Jørgensen attempted to salvage investor confidence by labeling CagriSema as a “significant” weight loss solution. This assertive stance
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The Asia-Pacific markets are often seen as a litmus test for global economic sentiment, especially when the specter of trade tariffs looms large. Opening higher this Wednesday, these markets are responding directly to the recent better-than-feared projections about U.S. tariffs proposed by President Trump. It’s perplexing to witness such resilience; does this reflect a naive
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In an unexpected twist, the financial landscape in the Asia-Pacific region is blooming, buoyed by the optimism stemming from Wall Street’s rebound. Often an indicator of national economic health, Wall Street’s favorable performance usually ripples across global markets, and today is no exception. U.S. President Donald Trump’s promise of potentially softer tariffs has acted as
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The recent temporary closure of Heathrow Airport due to a fire at an electricity substation has thrown a glaring spotlight on the fragility of modern aviation infrastructure. With the alarming statistic emerging that Heathrow handled a record 83.9 million passengers in 2024—an astonishing 6% increase from the previous year—it’s time to confront the pressing question:
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