The country’s export earnings demonstrated a robust double-digit growth of approximately 25 per cent in July 2025. According to the latest data released by the Export Promotion Bureau (EPB), the nation exported goods valued at US$4.77 billion in July, the opening month of the fiscal year 2025-26 (FY26). This figure represents a 24.90 per cent […]

A jury in Florida has ordered Tesla to pay hundreds of millions of dollars to plaintiffs who attributed a fatal 2019 crash to the company’s “Autopilot” driver assistance technology. Details of the Case and Verdict Incident Location Key Largo, Florida Date of Crash 2019 Victims Naibel Benavides Leon (deceased), Dillon Angulo (injured) Accused Driver George […]

Wall Street closed in negative territory on Thursday, despite an impressive start led by technology giants Microsoft and Meta. Investor enthusiasm faded later in the session as attention shifted towards impending US employment data and a looming White House tariff deadline. Market Performance Overview Index Closing Value Change (%) Remarks Dow Jones Industrial Avg 44,130.98 […]

President Donald Trump has issued an executive order to reimpose and expand tariffs on dozens of the United States’ trading partners, in what he describes as a strategic move to reshape global trade to better serve the American economy. While the measures were initially set to take effect on Friday, the White House has now […]

Global stock markets, particularly in Asia, wavered on Friday following US President Donald Trump’s announcement of a sweeping new round of tariffs on dozens of trade partners. The decision, unveiled just hours before a self-imposed deadline, offset optimism from stellar earnings reported by leading US tech giants. Despite offering a short reprieve—the new tariff regime […]

Thailand has hailed the revised 19 percent US import tariff—imposed under President Donald Trump’s trade reform strategy—as a “major success”, effectively averting a previously threatened 36 percent duty on key Thai exports. The development follows weeks of negotiations between Thai officials and Washington, as part of the broader “Liberation Day” tariff restructuring initiative aimed at […]

A new wave of US tariffs—announced by President Donald Trump on Thursday—is set to take effect within one week. These include a sweeping set of country-specific and sector-based levies, with rates reaching as high as 50 percent on some nations and industries. In addition to general trade sanctions, targeted duties on copper and other strategic […]

Cambodian Prime Minister Hun Manet has hailed the decision by US President Donald Trump to impose a 19 percent tariff on Cambodian goods—down from an earlier threat of 36 to 49 percent—as the “best news” for the nation’s economy and people. In a statement posted on Facebook on Friday, Hun Manet declared: “This is the […]

German luxury automaker BMW announced on Thursday that its net profits fell by 32% in the second quarter of 2025, primarily due to shrinking sales in China and the adverse effects of US import tariffs. Financial Highlights (Q2: April–June 2025) Financial Metric Q2 2025 Change from Q2 2024 Net Profit €1.8 billion ▼ 32% Revenue […]