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Asia Pacific

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China now dominates shipbuilding; US faces security risks
China's shipbuilding dominance poses security risk for US

WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....

China hits Canadian agriculture with tariffs in trade retaliation
China imposes retaliatory tariffs on Canadian farm and food products

BEIJING, China: China has announced new tariffs on Canadian agricultural and food products in retaliation for Canada's recent duties...

Philippines' Duterte detained at request of International Criminal Court
Former Philippines President Rodrigo Duterte arrested under ICC orders

MANILA, Philippines - In a dramatic move, the International Criminal Court on Tuesday arrested the former president of the Philippines,...

Walmart faces pushback as it asks Chinese suppliers to cut prices
Walmart asks China suppliers for price cuts on Trump tariffs

BENTONVILLE, Arkansas: Walmart is pressuring some Chinese suppliers to cut prices in response to President Donald Trump's imposed U.S....

Taiwan detects 3 PLA sorties, 9 vessels, 1 official ship around its territory
Taiwan detects 3 PLA sorties, 9 vessels, 1 official ship around its territory

Taipei [Taiwan], March 15 (ANI): Taiwan's Ministry of National Defence (MND) detected three sorties of People's Liberation Army (PLA)...

SERBIA-STARA PAZOVA-PRODUCTS-CHINA-SENDOFF EVENT
SERBIA-STARA PAZOVA-PRODUCTS-CHINA-SENDOFF EVENT

(250315) -- STARA PAZOVA, March 15, 2025 (Xinhua) -- Serbian goods which will soon be available in Chinese market are pictured at a...

Business

Section
U.S. stocks rally hard despite drop in consumer sentiment
Dow Jones jumps 675 points as Wall Street rebounds

NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...

Maserati cancels electric MC20 plans over low demand
Stellantis' Maserati brand cancels plans for electric sports car

MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...

Volkswagen to slash 1,600 jobs at Cariad by year-end
Volkswagen to lay off 1,600 staff at Cariad software unit

BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...

Travel to and from Israel to be boosted by terminal reopening
israel's Ben Gurion International Airport to resume full operations

The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...

Tech stocks lead renewed selling on Wall Street
Dow Jones drops for fourth day in row, loses 537 points

NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...

Ford to invest up to $4.8 billion to revive struggling German unit
Ford to inject $4.8 billion to shore up cash-strapped German unit

FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...

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