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.
Cameroon concluded a weeklong training programme on Saturday for indigenous communities in artificial intelligence (AI), as part of activities marking...
Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdoğan spoke on 9 August, praising regional peace steps, new gas exports to Sy...
More than 1,000 aid packages have been airdropped over the Gaza Strip since the resumption of the international airdrop operation on 26 July, the Isra...
World leaders and international organisations have hailed the U.S.-brokered peace agreement between Azerbaijan and Armenia as a historic breakthrough,...
Afghan authorities have begun building a 50 million afghani canal in Panjshir province to improve irrigation, support farmers, and create 1,000 jobs, ...
Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdoğan spoke on 9 August, praising regional peace steps, new gas exports to Syria, and deepening bilateral ties.
More than 1,000 aid packages have been airdropped over the Gaza Strip since the resumption of the international airdrop operation on 26 July, the Israel Defense Forces (IDF) announced on Friday.
World leaders and international organisations have hailed the U.S.-brokered peace agreement between Azerbaijan and Armenia as a historic breakthrough, marking a decisive step toward stability and cooperation in the South Caucasus.
Afghan authorities have begun building a 50 million afghani canal in Panjshir province to improve irrigation, support farmers, and create 1,000 jobs, according to Tolonews.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
President Ilham Aliyev arrives in Washington ahead of key peace talks with U.S. President Donald Trump and Armenian Prime Minister Nikol Pashinyan. AnewZ’s Oubai Shahbandar reports from the White House on deepening U.S.-Azerbaijan ties and the path to regional peace.
In a special edition of NewsHour, we cover breaking developments as U.S. President Donald Trump prepares to host Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan for high-stakes peace talks at the White House.
Tonight on NewsHour, the "Russiagate" saga reignites as U.S. Attorney General Pam Bondi approves new legal action into claims Trump was falsely accused of Russian collusion. We get the latest from Washington and speak with Professor Scott Lucas on the wider implications.
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