Japanese stocks rocketed to a one-year high after Tokyo struck a headline-grabbing trade deal with Washington, slashing auto tariffs to 15% and triggering a global market bounce. The Nikkei jumped 3.5%, with Mazda soaring nearly 18% and Toyota and Subaru not far behind. Investors cheered the breakthrough, which not only avoids a damaging tariff war but also unleashes $550BN in Japanese investment toward the US economy.
Donald Trump hailed the deal as a “massive win,” while European markets reacted with optimism, hoping for similar relief. The Euro Stoxx 600 climbed 1%, led by a 4% surge in auto shares and a 7% spike in Stellantis. Even South Korean automakers got a boost, with analysts anticipating parallel talks between Seoul and Washington.
As EU negotiators prepare to meet US officials, the clock ticks toward an August 1 deadline—now seen as a pivot point for global trade. With high-stakes diplomacy, market volatility, and investor bets all in play, this is more than a bilateral deal—it’s a tremor shaking the foundations of global trade.
Israel launched air strikes and artillery fire on Gaza on Sunday, in what officials called a response to militant attacks, as the U.S.-mediated ceasef...
The Louvre Museum in Paris was closed on Sunday after thieves broke in and stole “priceless” jewellery from the Napoleon collection, the French go...
Former French president Nicolas Sarkozy said he is not afraid of going to prison, days before beginning a five-year sentence over his 2007 campaign fi...
Israeli Prime Minister Benjamin Netanyahu said the Rafah border crossing between Gaza and Egypt will remain closed until Hamas returns the bodies of d...
Millions of Americans took to the streets for “No Kings” rallies across all 50 states, denouncing what they called the corruption and authoritaria...
Israel launched air strikes and artillery fire on Gaza on Sunday, in what officials called a response to militant attacks, as the U.S.-mediated ceasefire came under renewed strain.
This September, I had a chance to visit Yerevan for the 108th edition of the Rose-Roth seminar, traditionally held by the NATO Parliamentary Assembly since 1990 and intended for post-socialist countries.
The Louvre Museum in Paris was closed on Sunday after thieves broke in and stole “priceless” jewellery from the Napoleon collection, the French government said.
Former French president Nicolas Sarkozy said he is not afraid of going to prison, days before beginning a five-year sentence over his 2007 campaign financing case linked to Libya.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
In this edition of World Business, we bring you exclusive coverage from InMerge 2025 in Baku, the region’s flagship innovation and investment summit.
In this edition of World Business, we explore London’s global investment strategy with Jace Tyrell, CEO of Opportunity London.
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In this World Business Special, Guy Shone sits down with the Country Director of the Asian Development Bank (ADB) in Azerbaijan to unpack what’s next for one of the region’s most pivotal development partnerships.
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