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Leaders from the 10-member ASEAN bloc will discuss how to cope with the escalating trade showdown between China and the United States

US Tariff Tensions Test Southeast Asian Leaders At Regional Summit

Southeast Asian leaders will express deep concern over US President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move posed huge challenges to economic growth and stability in the region, according to a draft statement seen by AFP. Trump's tariffs has roiled global markets and upended international commerce, and left leaders from the 10-member ASEAN bloc scrambling for ways to limit the fallout on their trade-dependent economies.
A spike in Japanese inflation has turned the focus on the country's central bank as it considers its next move on monetary policy

Asian Stocks Bounce Back After Treasury-led Sell-off

Asian equities stabilised Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.
Lei Jun, co-founder and CEO of Xiaomi, speaks in Beijing on May 22, 2025

Xiaomi Launches New Advanced In-house Mobile Chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.
It is not certain that Putin would attend talks at the Vatican

Vatican's Diplomatic Arm Eyes Return To Fore With Ukraine Talks

Whether or not Russia and Ukraine peace talks actually take place at the Vatican, the mere suggestion it could play host reflects a fresh diplomatic impetus under new pope Leo XIV. Fresh from his election as the first US pope in history, Leo offered last week to mediate between leaders of countries at war.
OpenAI CEO Sam Altman reasons that a technology as powerful as generative artificial intelligence calls for a new device with the potential to transform lifestyles the way the iPhone did

Apple Design Legend Jony Ive Joins OpenAI

The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker.
The gathering of G7 finance ministers and central bank governors in Canada could find less agreement this year amid economic worries stemming from US President Donald Trump's tariffs

G7 Finance Chiefs Begin Talks Under Strain Of Trump Tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.
Oil prices have rallied on a report that US officials had intelligence suggesting Israel was considerng an attack on Iranian nuclear facilities

Oil Prices Jump On Report Of Israel Prepping Iran Strike

Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.
The ascent of Mount Everest usually requires at least two months on the mountain doing a series of acclimatisation rotations

British Climbers Summit Everest In Record Bid

A British team of veteran ex-special forces soldiers summited Everest on Wednesday, expedition organisers said, in a bid to fly from London, climb the highest peak and return home within seven days.
Washington has expanded its efforts in recent years to curb exports of state-of-the-art chips to China, concerned that these can be used to advance Beijing's military systems and otherwise undermine American dominance in AI

China Slams US 'Bullying' Over New Chip Warnings

Beijing condemned on Wednesday new US warnings on the use of AI chips made in China, vowing it would take steps against "bullying" efforts to restrict access to high-tech semiconductors and supply chains.

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