Microsoft's market cap tops $4 trillion after strong quarterly earnings
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for i...
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 9th, covering the latest developments you need to know.
1. 7th ADA University Policy Forum kicks off in Baku
Today, Baku hosts the 7th ADA University Policy Forum titled "Facing the New World Order", jointly organized by ADA University and the Center of Analysis of International Relations (AIR Center). The high-level forum brings together over 80 international experts and think tank representatives from 44 countries to discuss pressing global challenges and the evolving geopolitical landscape.
2. Asian markets tumble as new US tariffs take effect
Asian stock markets fell sharply on Wednesday following the implementation of a new set of U.S. tariffs, including a staggering 104% levy on Chinese imports. The tariffs, which came into effect just after midnight Eastern Time, have further deepened uncertainty over President Donald Trump’s aggressive trade policies.
Investors around the globe have reacted strongly, with market volatility reflecting fears that these measures could spark a prolonged trade war and potentially trigger a global economic slowdown. In the United States, the S&P 500 shed 1.6% on Tuesday, erasing an earlier 4.1% gain and settling nearly 19% below its February record high. Similarly, the Dow Jones Industrial Average declined by 0.8%, while the Nasdaq composite fell by 2.1%, raising concerns about the U.S. entering bear market territory if the downward trend continues.
3. US to 'take back' Panama Canal from Chinese influence, visiting Pentagon chief says
The United States will "take back" the Panama Canal from Chinese influence, U.S. Defense Secretary Pete Hegseth said on Tuesday during a visit to the Central American nation.
After talks with Panama's government, Hegseth vowed to deepen security cooperation with Panamanian security forces and said China would not be allowed to "weaponize" the canal by using Chinese firms' commercial relationships for espionage.
"Together, we will take back the Panama Canal from China's influence," Hegseth said, speaking at a pier renovated with U.S. assistance in Panama City.
4. Mexico reports first human death from H5N1 bird flu
Mexico has reported its first human death from H5N1 avian influenza, a three-year-old girl from the northern state of Coahuila, according to the state's health minister.
Coahuila Health Minister Eliud Aguirre confirmed that the child passed away early Tuesday morning due to multiple organ failure caused by the infection. "We are monitoring all individuals who had close contact with the patient and conducting tests to determine if they are infected. So far, no one has tested positive," Aguirre added.
5. U.S.-Russia delegations to meet in Istanbul to discuss embassy operations
American and Russian diplomats will meet again in Istanbul on April 10 to focus exclusively on stabilising embassy operations between the two countries, the U.S. State Department announced on Tuesday.
Spokesperson Tammy Bruce made clear that the talks will not address political or security matters, stressing that “Ukraine is not, absolutely not on the agenda.”
“These talks are solely focused on our embassy operations,” Bruce told reporters. “They are not about normalising the broader relationship, which remains tied to peace in Ukraine.”
The discussions will take place at the Russian consulate in Istanbul, according to diplomatic sources.
6.Uzbek President Mirziyoyev advances ties with Arab states during 150th IPU Assembly
During the 150th Assembly of the Inter-Parliamentary Union (IPU), Uzbekistan's President Shavkat Mirziyoyev held productive discussions with the heads of parliaments from several Arab nations.
The high-level meeting saw the participation of leaders, including the Chairman of the Arab Parliament and the speakers of the parliaments of Bahrain, Egypt, Oman, Qatar, and the United Arab Emirates (UAE).
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.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
New Zealand’s parliament on Thursday passed legislation ending a ban on offshore oil and gas exploration, reversing a flagship policy of former Prime Minister Jacinda Ardern’s government.
Iranian President Masoud Pezeshkian has issued a stark warning over unsustainable water usage, cautioning that the capital Tehran could face severe shortages as early as September if consumption is not brought under control, the semi-official Tasnim news agency reported on Thursday.
Twelve-year-old Shun Sasaki walks the paths of Hiroshima Peace Memorial Park with quiet determination, guiding tourists from around the world through the city’s scarred past in the hope of preserving its memory.
The U.S. Federal Reserve left its benchmark interest rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, despite mounting pressure from the Trump administration to ease borrowing costs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment