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French cheese lined up in a store in Paris. Bertrand Guay | AFP | Getty ImagesChina announced on Monday that it would impose tariffs of up to 42.7% on dairy products from the European Union (EU) following the results of an anti-subsidy investigation that began in August 2024. China’s Ministry of Commerce said in a statement that EU dairy subsidies are causing “serious damage” to China’s domestic dairy industry. The ministry said the tariffs are scheduled to take effect on April 23, and the tax rate will be determined by the amount of the “ad valorem subsidy rate” from the…
The Indian rupee remained in a narrow range on Monday as positive cues from improving global risk appetite dampened as strong interbank dollar auctions. Wong Yu Liang | Moment | Getty ImagesIn addition to the lack of progress on the US-India trade agreement, the continued outflow of foreign capital is weighing on the economy. Rupees It has been Asia’s worst-performing currency this year.Nomura and S&P Global Market Intelligence predict that the rupee in the world’s fifth-largest economy could fall to as low as $92 against the dollar by the end of March, with any appreciation in the rupee largely dependent…
A Russian general was killed in a car bombing in Moscow, and officials are blaming Ukraine for recent assassinations of military officials. Russia’s Investigative Committee said in a statement that Lieutenant General Fanil Sarvalov, who headed the military’s operational training department, was killed on Monday morning when an explosive device placed under the chassis of his car detonated. “Investigators are pursuing various motives for the murder. One of the theories is that the crime was organized by Ukrainian special forces,” the commission added. The Kremlin said Russian President Vladimir Putin was “immediately informed” of Sarvarov’s murder through a special agency.…
In October 2021, it wasn’t Meghan and Darryl’s bedroom habits that made headlines, but when Meghan revealed that she had two bathrooms next to each other in case she woke up with her then-infant son Riley. “No one knows this, but we only have one toilet in our bathroom, and when I’m with my baby in the middle of the night, I often have to pee at the same time,” Meghan explained on Spotify’s Why Won’t You Date Me? Podcast. “So I asked, “Could you put two toilets next to each other?” She added, “There are two toilets next to…
Illustrated photo showing Moore Threads logo on a smartphone in Suqian, Jiangsu Province, China, October 30, 2025. Photo | Future Publishing | Getty ImagesChina’s most popular publicly traded artificial intelligence companies are delivering impressive returns.Shares of chipmaker MetaX Integrated Circuits soared nearly 700% in its Shanghai market debut last week, while Moore Threads soared more than 400% on its first day of trading earlier this month.While domestic investors are vying for exposure to China’s promising tech stocks, foreign investors have been largely left out of participating in such blockbuster stocks.Chris Zhang, executive director of China Fortune Securities Company, a Chinese…
Baidu Apollo RT6 robotaxi during Baidu’s Apollo Day in Wuhan, China, Wednesday, May 15, 2024. Bloomberg | Bloomberg | Getty ImagesChinese technology giant Baidu The company has announced plans to bring robotaxis to London starting next year through a partnership with Lyft and Uber, as the UK emerges as a battleground for self-driving cars.The announced partnership will see Baidu’s Apollo Go self-driving car brought to the UK capital. Uber and lift Both companies said on their respective social media accounts. Lyft’s initial test of a few dozen Baidu vehicles will begin in 2026, pending regulatory approval, and “from there we…
Japanese authorities have approved a decision to restart the world’s largest nuclear power plant, which has been idle for more than a decade after the Fukushima nuclear disaster, at a crucial time as the country seeks to shift its energy supply away from fossil fuels. Despite the concerns of many local residents, the Niigata Prefectural Assembly, where the Kashiwazaki-Kariwa nuclear power plant is located, passed a bill on Monday that would pave the way for power company Tokyo Electric Power Company (TEPCO) to restart one of the plant’s seven reactors. Japan’s public broadcaster NHK reported that the company plans to…
BEIJING, CHINA – NOVEMBER 11: The Chinese flag flies in front of the People’s Bank of China (People’s Bank of China) headquarters on November 11, 2025 in Beijing, China. The People’s Bank acts as the country’s central bank, overseeing monetary policy, financial regulation, and currency issuance. (Photo by Chen Xin/Getty Images)Chen Xin | Getty Images News | Getty ImagesThe People’s Bank of China on Monday kept its loan prime rate unchanged despite the world’s second-largest economy’s weak economic data and prolonged slump in its real estate sector. The People’s Bank of China kept its one-year and five-year loan prime rates…
A father and son accused of carrying out Australia’s worst terrorist attack were undergoing firearms training at an undisclosed location in the countryside, according to a statement of facts released by a magistrate on Monday. The redacted court documents include images from a video of Sajid Akram, 50, and his son Naveed Akram, 24, showing them holding rifles and making movements that suggest elements of tactical training. “The defendant and his father can be seen firing a shotgun and moving tactically throughout the video,” the document states. Fifteen people were killed in the December 14th shooting at Bondi Beach, which…
This year in the US, the AI bull market has pushed stock prices to new highs. However, the country’s main indexes have outperformed UK stocks so far in 2025. Despite political and economic uncertainty, London’s benchmark FTSE 100 index is up more than 21.1% since the start of the year, outpacing the tech-heavy Nasdaq Composite Index (20.7%), the best-performing Wall Street average. Meanwhile, the S&P 500 has followed suit, up 16.2% for the year. Russ Mould, investment director at AJ Bell, argued in a Dec. 15 note that the FTSE 100 index could hit new highs in 2026 after setting…