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California drops lawsuit seeking to reinstate federal funding for the state’s bullet train
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Wednesday, August 6
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SRN News
Cathay Pacific orders 14 more 777X jets, half-year profit ticks higher
(Reuters) -Hong Kong’s Cathay Pacific Airways on Wednesday ordered 14 more Boeing 777-9 jets and reported a 1% increase in first-half profit on the back of growing passenger numbers, lower fuel prices and a steady cargo performance. The plane order exercises options secured as part ...
Wednesday, August 6
by
SRN News
Morning Bid: Tariff toll yet to deter stock bulls
A look at the day ahead in European and global markets from Stella Qiu From economic data to corporate earnings, the anticipated impact of President Donald Trump’s tariffs is finally showing up for all to see, but stock investors don’t seem too concerned. Data showed ...
Wednesday, August 6
by
SRN News
Exclusive-Missed signals, lost deal: How India-US trade talks collapsed
By Manoj Kumar, Trevor Hunnicutt and Aftab Ahmed NEW DELHI/WASHINGTON (Reuters) -After five rounds of trade negotiations, Indian officials were so confident of securing a favourable deal with the United States that they even signalled to the media that tariffs could be capped at 15%. Indian ...
Tuesday, August 5
by
SRN News
As Trump cracks down on college student visas, other countries see opportunity
LONDON (AP) — In China, wait times for U.S. visa interviews are so long that some students have given up. Universities in Hong Kong are fielding transfer inquiries from foreign students in the U.S., and international applications for British undergraduate programs have surged. President Donald ...
Tuesday, August 5
by
SRN News
China’s export growth likely slowed in July as US tariff deadline looms: Reuters poll
BEIJING (Reuters) -China’s export growth probably slowed in July, as manufacturers await clarity on whether Beijing can reach a deal with its top consumer market, the United States, or if President Donald Trump will reinstate additional tariffs on Chinese goods. Outbound shipments were expected to ...
Tuesday, August 5
by
SRN News
South Korea says timing of U.S. tariff cut on autos not decided
SEOUL (Reuters) -South Korea’s Industry Minister Kim Jung-kwan said on Wednesday that Seoul needs to hold further discussions with Washington on the timing of the promised tariff cuts on the country’s car exports to the U.S. from the current level of 25%. President Donald Trump ...
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Tuesday, August 5
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SRN News
Nvidia reiterates its chips have no backdoors, urges US against location verification
BEIJING (Reuters) -Nvidia has published a blog post reiterating that its chips did not have backdoors or kill switches and appealed to U.S. policymakers to forgo such ideas saying it would be a “gift” to hackers and hostile actors. The blog post, which was published ...
Tuesday, August 5
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SRN News
Asian shares track Wall Street lower, dollar rangebound
By Stella Qiu SYDNEY (Reuters) -Asian shares slipped along with Wall Street on Wednesday, after weak U.S. data highlighted the damage tariffs were having on economic activity and earnings, while the dollar struggled with the drag from lower bond yields. U.S. services sector activity unexpectedly flatlined ...
Tuesday, August 5
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SRN News
Seven & i’s North American business IPO to fund quicker growth, says CEO
By Anton Bridge TOKYO (Reuters) -Seven & i Holdings’ planned listing of its North American operations would enable the Japanese convenience store operator to take on additional debt for more aggressive growth than currently planned, its chief executive said on Wednesday. The listing, billed for the ...
Tuesday, August 5
by
SRN News
Oil rebounds on Trump threats on Russian crude buyers
By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after U.S. President Donald Trump’s threats of tariffs on India over its Russian crude purchases. Brent crude futures ...
Tuesday, August 5
by
SRN News
Trump’s pursuit of meeting with Chinese leader reveals the complex web of US-China relations
WASHINGTON (AP) — China, the adversary. China, the friend? These days, maybe a bit of both. From easing export controls to reportedly blocking the Taiwanese president’s plans to travel through the United States, President Donald Trump is raising eyebrows in Washington that he might ...
Tuesday, August 5
by
SRN News
Embraer keeps 2025 outlook, US tariffs had limited impact on quarterly results
SAO PAULO (Reuters) – Brazilian planemaker Embraer on Tuesday reaffirmed its 2025 outlook and said U.S. tariffs did not significantly affect its second-quarter results, even as it described the levies as a “major concern” amid ongoing trade uncertainties. The company avoided a potential setback last week ...
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