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Macron says France will recognise State of Palestine, angering Israel

PARIS 25 July (AFP) - French President Emmanuel Macron said Thursday his country would formally recognise a Palestinian state during a UN meeting in September, the most powerful European nation to announce such a move.

 

Tesla reports 16% profit drop to $1.2 bn on lower auto sales

NEW YORK 24 July (AFP) - Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles under President Donald Trump's big fiscal package.

Trump announces 'massive' Japan trade deal including 15% tariff

WASHINGTON 23 July (AFP) - US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent ahead of an August 1 deadline.

 

US promises Philippine president to ramp up deterrence on China

WASHINGTON 22 July (AFP) - Top US officials promised President Ferdinand Marcos of the Philippines on Monday that Washington will defend its longtime ally and ramp up military resources aimed at deterring an assertive China.

 

China is set to expand its influence over Southeast Asia's as the Trump administration slash aid: study

SYDNEY 21 July (AFP) - China is set to expand its influence over Southeast Asia's development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.

 

Singapore military helps battle cyberattack: minister

SINGAPORE 21 July (AFP) - Units in Singapore's military have been called in to help combat a cyberattack against critical infrastructure, the country's defence minister said Saturday -- a hack attempt attributed to an espionage group experts have linke

Japan rice prices double, raising pressure on PM

TOKYO 18 July (AFP) - Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend.

 

Netflix profits surge off ads, higher subscription prices

SAN FRANCISCO 18 July (AFP) - Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.<

Goldman Sachs profits jump as CEO eyes more merger activity

NEW YORK 17 July (AFP) - Goldman Sachs reported a jump in second-quarter profits Wednesday behind significant increases in financial advisory revenues that chief executive David Solomon said could presage an uptick in dealmaking.

 

Nvidia's Huang says China's open-source AI a 'catalyst for progress'

BEIJING 16 July (AFP) - Nvidia CEO Jensen Huang called China's open-source artificial intelligence a "catalyst for global progress" and hailed the country's innovation in the sector as he addressed an expo in Beijing on Wednesday.

Trump says Indonesia to face 19% tariff under trade deal

WASHINGTON 16 July (AFP) - US President Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in significant purchase commitments from the Southeast Asian country, following negotiations to avoid steeper tariffs.

China's economy grows 5.2% on trade war truce

BEIJING 15 July (AFP) - China's economy expanded more than five percent in the second quarter, official data showed Tuesday, buoyed by strong exports but analysts warned that more was work was needed to address sluggish consumer demand.

Malaysia Caught in Crosscurrents as Trump's Tariffs Loom: An Expert Perspective

KUALA LUMPUR 11 July – President Donald Trump’s declaration of an additional 10% tariff on countries seen as aligned with BRICS’ “anti-American

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