7 h. ago Trump hits Denmark and other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

7 h. ago Trump hits Denmark and 7 other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

7 h. ago Trump hits Denmark and 7 other Nato allies with tariffs for opposing US on Greenland

Opening a new front in his worldwide tariff onslaught, US President Donald Trump said on Saturday he would impose a 10 per cent import tax on the United Kingdom and six European countries for opposing his plan to purchase Greenland and that the rate would more than double if they did not let him acquire the Danish territory. His announcement on social media two weeks to the day after he abducted Venezuela’s president from Caracas marks the latest chapter in a tumultuous start to 2026, even by...

Politics

9 h. ago How US actions in Venezuela and beyond could spell opportunity for China

America’s military action in Venezuela and President Donald Trump’s talk of owning Greenland are stoking concerns that the United States is dismantling the rules-based global order. But this could also be a diplomatic opening for China as it tries to portray itself, in contrast, as a more responsible and stabilising power. Analysts said while this aligned with Beijing’s push to strengthen ties with its neighbours – a strategic move as its rivalry with Washington has intensified – concrete...

Politics

11 h. ago Taiwan faces possible Beijing squeeze after US quits WHO and other agencies

The United States’ decision to withdraw from dozens of UN and other international organisations may have dealt another blow to Taiwan’s efforts to raise its global profile amid mounting pressure from Beijing. While Taiwanese leader William Lai Ching-te’s government has sought to play down the impact, observers have warned that Washington’s retreat could further squeeze the island’s already narrow international space. US President Donald Trump on January 7 ordered the US to exit 66 international...

Politics

12 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

17 h. ago What Trump’s visa pause means for Southeast Asia and US regional priorities

The inclusion of four Southeast Asian nations in the United States’ 75-country visa suspension has thrown up questions over Washington’s foreign policy approach, including its interest in the region. Cambodia, Myanmar, Laos and Thailand are among countries affected by the indefinite suspension, set to take effect on January 21, as the Donald Trump administration continues to roll out punitive measures to drastically restrict immigration. The list, released by the US Department of State on...

Politics

28 h. ago Trump thanks Iran for ‘cancelling’ hanging of hundreds of political prisoners

US President Donald Trump took the unusual step on Friday of thanking the Iranian government for not following through on executions of what he said was meant to be hundreds of political prisoners. “Iran cancelled the hanging of over 800 people,” Trump told reporters while leaving the White House to spend the weekend at his Mar-a-Lago estate in Palm Beach, Florida. He added, “and I greatly respect the fact that they cancelled”. The Republican president also suggested on his social media site...

Politics

29 h. ago Trump says he may tariff countries that don’t back US controlling Greenland

US President Donald Trump suggested on Friday that he may punish countries with tariffs if they don’t back the US controlling Greenland, a message that came as a bipartisan Congressional delegation sought to lower tensions in the Danish capital. Trump for months has insisted that the US should control Greenland, a semi-autonomous territory of Nato ally Denmark, and said earlier this week that anything less than the Arctic island being in US hands would be “unacceptable”. During an unrelated...

Politics

31 h. ago Iran cleric demands death for protesters, threatens Trump amid unrest

A hardline cleric leading Friday prayers in Iran’s capital demanded the death penalty for protesters detained in a nationwide crackdown and directly threatened US President Donald Trump, showing the rage gripping authorities in the Islamic Republic over demonstrations that have challenged their authority. Ayatollah Ahmad Khatami’s sermon, carried by Iranian state radio, sparked chants from those gathered for prayers, including: “Armed hypocrites should be put to death!” Executions, as well as...

Events

34 h. ago China dumps more US debt, buys other assets as Trump targets Powell

China trimmed its holdings of US Treasuries in November to the lowest level since 2008, diverging from a global trend that saw total foreign ownership of the debt instruments hit a record high. Analysts say the prospect of a politicised Federal Reserve chairmanship under Donald Trump’s presidency has deepened Beijing’s concerns over its exposure to American debt, with more cuts expected. Beijing’s stockpile fell to US$682.6 billion in November, down from US$688.7 billion in October, according to...

Politics

35 h. ago Trump buys Netflix, Boeing, GM bonds in US$51 million spree linked to his own policy agenda

US President Donald Trump’s investments in municipal and corporate debt through December included bonds of some companies affected by his administration’s policies. In all, the issues cost at least US$51 million. The new White House disclosure posted on Thursday shows Trump’s buys included bonds from Netflix, CoreWeave, General Motors, Boeing, Occidental Petroleum and United Rentals. He also bought municipal bonds from American cities and local school districts, utilities and hospitals. The...

Economics

36 h. ago Putin offers Moscow as mediator in Iran crisis amid tensions with Israel, Trump threat

Russian President Vladimir Putin discussed the situation in Iran in separate calls on Friday with Israeli Prime Minister Benjamin Netanyahu and Iranian President Masoud Pezeshkian, and said that Moscow was willing to mediate in the region, the Kremlin said. Tehran has cracked down hard on nationwide protests that broke out late last month, prompting US President Donald Trump to warn he might intervene. Last year, Israel and the United States both bombed Iranian nuclear sites, and Iran fought...

Politics

37 h. ago Trump pick for South America command sidesteps China questions at Senate hearing

Days after the operation that abducted then Venezuelan leader Nicolas Maduro, President Donald Trump’s nominee to command US forces in Latin America dodged pressure from senators to endorse a military-first plan to counter China’s growing influence in the region. Lieutenant General Francis Donovan, who is nominated to lead US Southern Command (Southcom), repeatedly declined to say whether Washington should rely mainly on force projection to push back against Beijing’s expanding footprint. The...

Politics

41 h. ago China’s US envoy says world faces ‘stark choice’ as 2026 opens with instability

China’s top diplomat in the United States delivered a sharply worded rebuke on Thursday over US President Donald Trump’s tumultuous approach to global relations, laying out a stark choice between a world informed by China-led stability and one battered by Washington. Chinese ambassador Xie Feng’s comments to the 1,000-member China General Chamber of Commerce come two weeks into Trump’s second year of his latest term in the White House. The past fortnight has already seen the Trump administration...

Politics

44 h. ago Japan, US vow ‘unshaken’ defence alliance despite Trump’s pivot from Asia

The defence chiefs of Japan and the United States on Thursday agreed that the bilateral alliance is “unshaken” and pledged to reinforce its deterrence capabilities amid concerns in Asia that Washington’s focus is shifting from the region. Following his meeting with US Defence Secretary Pete Hegseth at the Pentagon near Washington, Japanese Defence Minister Shinjiro Koizumi said he was reassured that the administration of President Donald Trump remains committed to peace and stability in the...

Politics

44 h. ago Mark Carney and Xi Jinping meet to mend ties as Donald Trump disrupts global order

Mark Carney and Xi Jinping meet to mend ties as Donald Trump disrupts global order  Financial Times

Politics

45 h. ago Trump’s ‘America first’ agenda driving countries closer to China: survey

United States President Donald Trump’s “America first” agenda is helping to make China great again and ushering in a “truly multipolar world”, according to a survey by the European Council on Foreign Relations. “A year on from Trump’s return, in countries across the globe, many people believe China is on the verge of becoming even more powerful,” the think tank said after surveying 25,949 people from 21 countries, including the US, China, Russia, Britain and Brazil. Most respondents thought...

Politics

48 h. ago Exiled crown prince’s plan for Iran is mostly aimed at Trump, researchers say

No pursuit of nuclear weapons. Confronting drug trafficking. An immediate recognition of the state of Israel. Exporting copious amounts of oil and gas. Exiled Crown Prince Reza Pahlavi laid out his aspirations on Thursday for Iran if its theocracy is toppled – and experts say they sound exactly like what US President Donald Trump wants to hear. That plan is probably aimed at trying to secure support to lead Iran if the nationwide protests succeed in ousting the Islamic Republic. Activists...

Politics

48 h. ago Exiled crown prince’s plan for Iran seen as mostly aimed at Trump

No pursuit of nuclear weapons. Confronting drug trafficking. An immediate recognition of the state of Israel. Exporting copious amounts of oil and gas. Exiled Crown Prince Reza Pahlavi laid out his aspirations on Thursday for Iran if its theocracy is toppled – and experts say they sound exactly like what US President Donald Trump wants to hear. That plan is probably aimed at trying to secure support to lead Iran if the nationwide protests succeed in ousting the Islamic Republic. Activists...

Politics