78 m. ago Trump’s sons’ American Bitcoin stake worth US$1.5 billion in stock debut

A bitcoin company tied to US President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons’ stake at well over US$1.5 billion as the first family grows their crypto business interests. Shares in American Bitcoin, a bitcoin miner, soared as high as US$14.52 on its first day of trade on the Nasdaq, before pulling back to be up 16.5 per cent at US$8.04 by the end of the day. The company was around 20 per cent owned by Eric Trump and...

Politics

1 hour ago US asks Supreme Court to overturn ruling that bars Trump’s tariffs

The US government has asked the Supreme Court to overturn a federal appeal court ruling that declared US President Donald Trump’s use of emergency executive powers to impose tariffs unlawful. The move sets up a high-stakes legal showdown over the limits of presidential authority in trade policy. In its appeal filed on Wednesday, the Trump administration told the high court that the case “addresses the validity” of the government’s “most significant economic and foreign-policy initiative”. “The...

Politics

4 h. ago Epstein victims compiling their own list of sex abusers: ‘We know the names’

Victims of notorious sex offender Jeffrey Epstein said on Wednesday they were compiling a confidential list of his associates who abused underage girls. US President Donald Trump, a one-time close friend of the deceased financier, sought meanwhile to dampen the enduring political furore over the Epstein case. “This is a Democrat hoax that never ends,” Trump told reporters at the White House. “They’re trying to get people to talk about something that’s totally irrelevant to the success that we’ve...

Events

4 h. ago Epstein victims compiling own list of sex abusers: ‘We know the names’

Victims of notorious sex offender Jeffrey Epstein said on Wednesday they were compiling a confidential list of his associates who abused underage girls. US President Donald Trump, a one-time close friend of the deceased financier, sought meanwhile to dampen the enduring political furore over the Epstein case. “This is a Democrat hoax that never ends,” Trump told reporters at the White House. “They’re trying to get people to talk about something that’s totally irrelevant to the success that we’ve...

Events

8 h. ago Trump hints US troops could go into New Orleans, a blue city in a red state

US President Donald Trump suggested Wednesday that New Orleans could be his next target for deploying the National Guard to fight crime, potentially expanding the number of cities around the nation where he may send federal law enforcement. Trump has already said he plans to send the National Guard into Chicago and Baltimore following his administration deploying troops and federal agents to patrol the streets of Washington last month. “So we’re making a determination now,” Trump told reporters...

Politics

8 h. ago Trump suggests US troops could go into New Orleans, a blue city in a red state

US President Donald Trump suggested Wednesday that New Orleans could be his next target for deploying the National Guard to fight crime, potentially expanding the number of cities around the nation where he may send federal law enforcement. Trump has already said he plans to send the National Guard into Chicago and Baltimore following his administration deploying troops and federal agents to patrol the streets of Washington last month. “So we’re making a determination now,” Trump told reporters...

Politics

9 h. ago Trump offers more US troops to Poland’s nationalist president

US President Donald Trump hosted new Polish President Karol Nawrocki on Wednesday at the White House with a military flyover and an offer to send more US troops to the eastern European ally. Talks were expected to focus on efforts to end the war in Ukraine, where Trump’s peacemaking efforts have been struggling to get traction. Trump called it a “stupid war” and said he thought ending it would have been “much easier” for him. “It’s going to get done,” he vowed to reporters in the Oval Office,...

Politics

9 h. ago Trump offers more US troops to Poland’s new nationalist president

US President Donald Trump offered Wednesday to send more troops to Poland as he welcomed the country’s new nationalist president Karol Nawrocki to the White House with a military flyover. Trump also hinted at taking stronger action against Russia if it fails to end its war with Ukraine, which has put Nato ally Poland on edge since Moscow’s invasion in 2022. Nawrocki, a conservative historian and fervent Trump supporter, visited the White House during Poland’s election campaign and is now making...

Politics

10 h. ago Hegseth suggests more US operations coming after strike on Venezuela boat

US Defence Secretary Pete Hegseth said on Wednesday that military operations against cartels would continue, setting the stage for a sustained military campaign in Latin America even as basic questions about a deadly strike against a vessel from Venezuela remained unanswered. The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, in the first known operation since President Donald Trump’s recent deployment of warships to the...

Events

10 h. ago Hegseth signals more US operations coming after strike on Venezuela boat

US Defence Secretary Pete Hegseth said on Wednesday that military operations against cartels would continue, setting the stage for a sustained military campaign in Latin America even as basic questions about a deadly strike against a vessel from Venezuela remained unanswered. The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, in the first known operation since President Donald Trump’s recent deployment of warships to the...

Events

10 h. ago US says more operations against cartels coming after strike on Venezuela boat

Senior US national security officials said on Wednesday that military operations against cartels would continue, setting the stage for a sustained military campaign in Latin America even as basic questions about a deadly strike against a vessel from Venezuela remained unanswered. The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, in the first known operation since President Donald Trump’s recent deployment of warships to the...

Events

17 h. ago US tariff damps holiday mood of India’s jewellers as exports set to fall by 70%

India’s gem and jewellery businesses face a bleak year-end holiday season following Washington’s decision to slap a 50 per cent tariff on the country’s exports, as they warn the move could affect more than two-thirds of their shipments to the United States. On Wednesday, the tariff on India’s exports to the US took effect in response to New Delhi’s purchases of Russian oil and weapons. “With the imposition of a 50 per cent tariff, we expect exports to the US to decline by more than 70 per cent....

Politics

19 h. ago Kim pledges help in ‘any way’ for Russia’s war in Ukraine during Putin meeting

North Korean leader Kim Jong-un pledged to continue helping Moscow’s war in Ukraine in “any way” as he met with his Russian counterpart Vladimir Putin in Beijing on Wednesday. That meeting came only hours after US President Donald Trump made harsh accusations against both leaders as the brutal war in Ukraine continued. The bilateral summit between the two neighbours – the first in more than a year – revealed that it was Kim who took the initiative in sending military aid to Russia for its...

Politics

30 h. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

30 h. ago Trump says speedy tariff ruling a must, dismisses rumours about his health

US President Donald Trump emerged from a quiet Labour Day weekend Tuesday, declaring that his administration will urgently appeal to the Supreme Court to defend his contested tariffs, warning that a reversal could force billions in refunds to foreign nations. He also dismissed health rumours as “fake news” and played down China’s coming military parade. In a press briefing at the White House, Trump stressed the need for an expedited Supreme Court ruling. “We’re going to be going to the Supreme...

Politics

31 h. ago US military strikes boat carrying drugs from Venezuela, Trump says

The US military attacked a vessel from Venezuela in the Caribbean on Tuesday that was carrying illegal drugs, officials said, in the first known operation since the Trump administration’s recent surge of warships to the region. US President Donald Trump told reporters at the White House: “We just, over the last few minutes, literally shot out a boat, a drug-carrying boat, a lot of drugs in that boat.” “And there’s more where that came from. We have a lot of drugs pouring into our country, coming...

Events

31 h. ago US kills 11 people in strike on alleged drug boat from Venezuela, Trump says

The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, President Donald Trump said, in the first known operation since his administration’s recent deployment of warships to the southern Caribbean. Trump told reporters at the White House: “We just, over the last few minutes, literally shot out a boat, a drug-carrying boat, a lot of drugs in that boat.” “And there’s more where that came from. We have a lot of drugs pouring into our...

Events

31 h. ago Trump says US strike kills 11 on alleged drug boat from Venezuela

The US military killed 11 people on Tuesday in a strike on a vessel from Venezuela allegedly carrying illegal narcotics, President Donald Trump said, in the first known operation since his administration’s recent deployment of warships to the southern Caribbean. Trump told reporters at the White House: “We just, over the last few minutes, literally shot out a boat, a drug-carrying boat, a lot of drugs in that boat.” “And there’s more where that came from. We have a lot of drugs pouring into our...

Events

32 h. ago Brazil court mulls Bolsonaro’s fate, shrugging off US ‘threats’

Brazil’s Supreme Court vowed Tuesday not to bend to pressure from Washington in deciding the fate of far-right former president Jair Bolsonaro, a Donald Trump ally on trial for allegedly plotting a coup. Kicking off a five-day process of passing judgment in the final stage of the trial, presiding judge Alexandre Moraes said Bolsonaro had aimed to install a “real dictatorship”. Bolsonaro, 70, risks a prison sentence of 43 years if convicted of conspiring to cling to power after losing 2022...

Events

38 h. ago Chinese embrace their ‘exceptionalism’ but remain wary of US, new poll shows

The vast majority of Chinese want their country to take an active role in global affairs and see their nation as moderately strong in the world, but they remain divided on whether the US or China is the greater power, according to a survey released on Tuesday. by the Chicago Council on Global Affairs and The Carter Center contrasts with growing US wariness towards foreign engagement highlighted by US President Donald Trump’s “America first” agenda. “Nationalism is alive and well in China,” the...

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