AFP
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In China's factory heartland, warehouses weather Trump tariffs
Labourer Shuai Hang went a week without work earlier this year when sky-high US tariffs on Chinese goods overwhelmed the warehouse he works at and slowed the company's US-bound parcels to a trickle. Working at the warehouse was less tiring than labouring at a construction site, and earning money had become more difficult in the past two years, he said.
Most markets rise as China-US truce extended, inflation in focus
Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.
Trump meets with Intel CEO after demanding he resign
US President Donald Trump on Monday said he had a "very interesting" meeting with the chief of US chip maker Intel, just days after calling for his resignation. "The meeting was a very interesting one," Trump said in the post.
One dead, dozens injured in Pennsylvania steel plant explosions
At least one person died and dozens were wounded Monday after blasts at a US Steel plant in the state of Pennsylvania, officials said. Senator John Fetterman of Pennsylvania posted on X that "dozens" had been wounded.
Accumulating bitcoin a risky digital rush by companies?
US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing number of companies buying huge amounts of bitcoin. Tesla has previously accepted payments in bitcoin, while Trump Media soon plans to offer crypto investment products.
The shrill is gone: AOL to shut down dial-up internet
The ear-piercing beeps, squeals and buzzes of 90s-era dial-up internet will vanish from thousands of holdout American homes in September as historic provider AOL shuts down the service. "AOL routinely evaluates its products and services and has decided to discontinue dial-up internet," the pioneering internet service provider (ISP) said in a blog post.
EU clears Just Eat takeover by Dutch group Prosus
The EU on Monday conditionally approved Dutch investment group Prosus's bid to buy Just Eat Takeaway.com for 4.1 billion euros ($4.8 billion). One of Europe's most popular food delivery platforms, Just Eat Takeaway.com operates in 17 international markets.
Indonesia, Peru strike trade agreement as leaders meet
Indonesia and Peru sealed a trade agreement Monday as their leaders met in Jakarta, with Southeast Asia's biggest economy looking to make inroads into South American markets. "Normally, this agreement would have taken years, but Indonesia and Peru managed to finalise this agreement within 14 months."
Asian markets waver to start key week for trade, US data
Asian markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington's tariffs on China. With Tuesday's US-China tariff truce deadline looming, investors are bullish about the prospects of another extension.
AFP
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