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US tariffs corrode steelmaker ArcelorMittal's profitability

The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin.

Russia strikes kill six in Kyiv, Moscow says captured key town

Russian strikes on Kyiv killed at least six people, officials said Thursday, as Moscow claimed the capture of a town that had been a key stronghold for the Ukrainian army in the east of the country.

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China summons chip giant Nvidia over alleged security risks

Chinese internet authorities summoned Nvidia on Thursday to discuss "serious security issues" over some of its artificial intelligence (AI) chips, as the US technology giant finds itself entangled in trade tensions between Beijing and Washington.

Trump gets his way on tariffs, but global trade system intact for now

President Donald Trump has succeeded in strong-arming nations to accept higher tariffs on US exports, yet for now experts see little threat to the postwar trend of lower duties in the pursuit of greater wealth all around.

Myanmar junta ends state of emergency in election run-up

Myanmar's junta ended the country's state of emergency on Thursday, ramping up preparations for a December election being boycotted by opposition groups and criticised by international monitors.

Most markets down as Fed holds and Trump announces fresh tariffs

Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.

Terrified by Trump raids, LA's undocument migrants hide at home

For over a month, Alberto has hardly dared to leave the small room he rents in someone's backyard for fear of encountering the masked police who have been rounding up immigrants in Los Angeles.

Clock ticks on US tariff hikes as Trump broadens blitz

Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies -- and the US president continues to expand his trade wars.

Canada intends to recognize Palestinian state at UN General Assembly: Carney

Canada plans to recognize a Palestinian state at the UN General Assembly in September, Prime Minister Mark Carney said Wednesday, a dramatic policy shift that was immediately rejected by Israel.

Trump says US to impose 15% tariff on South Korean goods

President Donald Trump said Wednesday that the United States will impose a 15 percent tariff on imports from South Korea, as he touted a "full and complete trade deal" between both countries.

Gaza civil defence says 30 killed in food queue by Israeli fire

Gaza's civil defence agency said Israeli forces killed at least 30 people when they opened fire Wednesday on a crowd waiting for humanitarian aid in the north of the Palestinian territory.

'Ours forever': would-be Israeli settlers march on Gaza

Within sight of Gaza, the devastated Palestinian enclave ravaged by nearly 22 months of war, hundreds of Israeli settlers marched Wednesday to stake their claim to the battered territory.

Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro

President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of his far-right ally Jair Bolsonaro, who is accused of attempting a coup in Latin America's biggest economy.

US Fed holds firm against Trump pressure as divisions emerge

The US Federal Reserve kept interest rates unchanged for a fifth consecutive policy meeting Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers.

Trump hits India with 25% tariff and 'penalty' over Russia ties

US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also announcing an unspecified "penalty" over New Delhi's purchases of Russian weapons and energy.

WHO chief says continuous medical aid into Gaza 'critical'

The World Health Organization's chief said getting a continuous flow of medical supplies into Gaza was "critical", as WHO trucks carrying aid headed for the border on Wednesday.

Thailand and Cambodia trade allegations of truce breaking

Thailand and Cambodia exchanged allegations on Wednesday of breaching a ceasefire deal which has largely halted the open combat that engulfed their frontier.

Thai family mourns soldier son killed just before truce

The clock was pointing towards peace when Private First Class Theerayuth Krajangthong was cut down on the Thai frontier -- among the last casualties before a midnight ceasefire with Cambodia.

Hermes confirms outlook for rising sales in 2025

French luxury group Hermes confirmed Wednesday its outlook for full-year sales growth as it turned rising revenue for all parts of the world in the first half despite global economic uncertainty.

Stocks diverge, dollar slips before tech earnings, Fed decision

Stock markets diverged on Wednesday and the dollar slid further from recent highs as investors awaited earnings from US tech giants and the latest interest-rate call from the Federal Reserve.

Ryanair says dropping three French airports over 'harmful' tax

Irish no-frills airline Ryanair said on Wednesday it was dropping three French airports over a "harmful" tax hike on air tickets and urged Paris to change course.

Thailand accuses Cambodia of 'flagrant violation' of truce

Thailand accused Cambodia on Wednesday of a "flagrant violation" of a truce deal to end cross-border fighting, saying Cambodian troops launched an overnight attack on the frontier.

Ukraine says Russian strike on training camp kills 3 soldiers

A Russian strike on a military training camp killed at least three Ukrainian soldiers on Tuesday, following an overnight offensive in the south that killed a pregnant woman and a dozen prisoners.

Trump's MAGA base defies conservative pro-Israel doctrine

Unconditional support for Israel has long been an entry requirement in US Republican politics, but that orthodoxy is being challenged by Donald Trump's populist base -- where invocations of the "special relationship" are falling on deaf ears.

Australia to ban under-16s from YouTube

Australia will use landmark social media laws to ban children under 16 from video-streaming site YouTube, a top minister said Wednesday stressing the need to shield them from "predatory algorithms".

Russia strikes kill 25 in Ukraine as Trump shortens Moscow deadline

Russia said on Tuesday it wanted peace in Ukraine hours after mounting attacks that killed at least 25 people, including a 23-year-old pregnant woman and more than a dozen prison inmates.

US says Trump has 'final call' on China trade truce

China and the United States agreed Tuesday to hold further talks on extending their tariff truce, but a top US trade official stressed that President Donald Trump would make any "final call."

Qatar, Saudi, Egypt join call for Hamas to disarm, give up Gaza rule

Arab countries including Qatar, Saudi Arabia and Egypt joined calls Tuesday for Hamas to disarm and end its rule of Gaza, in a bid to end the devastating war in the Palestinian territory.

Cambodia-Thailand truce broadly holds despite shaky start

An uneasy ceasefire between Thailand and Cambodia appeared to hold on Tuesday, as military commanders met despite Bangkok's allegations the truce had been breached with sporadic skirmishes.

Displaced Cambodians return home after Thailand truce

As Cambodia and Thailand's ceasefire held Tuesday, Lat Laem hared back home -- one of the first evacuees to return to the frontier since deadly cross-border clashes sent more than 300,000 people fleeing.

Russia strikes kill 25 in Ukraine as Kremlin notes new Trump deadline

Russia said on Tuesday that it wanted peace in Ukraine, hours after mounting attacks that killed at least 25 people, including a 23-year-old pregnant woman and more than a dozen prison inmates.

Netherlands bars two hardline Israeli ministers

The Netherlands has declared Israel's finance and national security ministers persona non grata for inciting violence and urging ethnic cleansing in Gaza.

IMF lifts 2025 growth forecast on 'fragile' easing in trade tensions

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats.

Stock markets rise as attention shifts from trade deals to company results

Stock markets in the United States and Europe rose Tuesday as investors turned their attention from trade deals to a slew of company results falling this week.

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The China Mail - Politics (English)