Asia’s export-driven economies brace for upheaval under Trump | International Trade

Asia’s export-driven economies brace for upheaval under Trump | International Trade

Taipei, Taiwan – Asia is bracing for disruption should American voters return Donald Trump to the White House, with his plans for sweeping tariffs threatening to hobble the region’s export-driven growth. Trump, who ran neck-and-neck with Vice President Kamala Harris in polls before Tuesday’s presidential election in the United States,…

US election 2024: The key issues driving votes in the swing states | US Election 2024 News

US election 2024: The key issues driving votes in the swing states | US Election 2024 News

In a race against time, United States presidential candidates Donald Trump and Kamala Harris have traversed the nation’s swing states in a bid to woo undecided voters and bag crucial Electoral College votes that could decide the winner of the 2024 US election. Even if both White House hopefuls secure…

Canada’s largest port could see lockout of more than 700 workers | Al Jazeera News

Canada’s largest port could see lockout of more than 700 workers | Al Jazeera News

The dispute between port foremen and their employers could disrupt crucial international shipments. Employers at Canada’s largest port have said they would lock out their workers after a negotiating deadline with the union had passed, potentially disrupting key shipments of the country’s coal, potash and beef. The BC Maritime Employers…

Investors on the watch for who will be next US president | US Election 2024 News

Investors on the watch for who will be next US president | US Election 2024 News

Caution prevailed on Monday as the winner of the tightly contested presidential election may be unknown for days. United States stock indexes were trading flat to lower on Monday, as investors braced for a pivotal week for global markets in which Americans will elect a new president and the Federal Reserve…

China’s small manufacturers anguish over Trump’s tariff plans | Business and Economy

China’s small manufacturers anguish over Trump’s tariff plans | Business and Economy

Taichung, Taiwan – When Li Wei took over the running of his father’s glass-making business in northern China’s Cangzhou in 2020, he immediately set about optimising the firm’s operations. Li moved Hebei Yiyue Glass Products’ sole factory from its city location to a site outside Cangzhou, providing better access to…

Despite stark differences on worker rights, unions split on Trump, Harris | US Election 2024 News

Despite stark differences on worker rights, unions split on Trump, Harris | US Election 2024 News

Early voting is under way across the United States ahead of Tuesday’s presidential election. Republican candidate Donald Trump and Democratic candidate Kamala Harris have both made last-minute efforts to court union voters – a core voting bloc, especially in swing states like Michigan, where groups like the United Auto Workers…

Former FTX executive Nishad Singh spared prison for cooperation | Crypto News

Former FTX executive Nishad Singh spared prison for cooperation | Crypto News

Former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse with FTX founder Sam Bankman-Fried, has been spared prison time by a judge for his role in the theft by his imprisoned former boss of about $8bn in customer funds from the now-bankrupt exchange. During a hearing in…

Rent control battle in California heats up, opposing investors pump money | Housing

Rent control battle in California heats up, opposing investors pump money | Housing

Reyna Aguilar was working as a chef in a restaurant in San Francisco’s Mission neighbourhood when the COVID pandemic struck. The restaurant shut within months, leaving Aguilar worrying about how she would make rent on the studio apartment she had lived in for nearly a decade. When the government announced…

EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing | Automotive Industry

EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing | Automotive Industry

China’s Commerce Ministry promises to take ‘all necessary measures’ to protect the interests of Chinese firms. The European Union has decided to sharply raise tariffs on Chinese-made electric cars, prompting an angry response from Beijing. The tariffs of up to 45.3 percent will take effect on Wednesday after an inquiry…

For Taiwan’s crucial chip industry, Trump and Harris both bring risks | Business and Economy

For Taiwan’s crucial chip industry, Trump and Harris both bring risks | Business and Economy

Taipei, Taiwan – For engineers working in Taiwan’s semiconductor industry, the past few years have been difficult. The United States’s efforts to curb the growing power of China, Taiwan’s neighbour, by cutting off its access to the most cutting-edge chips has put the island’s chip sector in the crosshairs of…