Business
South Korea financial watchdog chief offers to resign after veto on shareholder interests
The head of South Korea’s financial watchdog said on Wednesday he had offered to resign, a day after the acting president vetoed a revised…
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Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
CHICAGO Federal Reserve Bank President Austan Goolsbee on Tuesday said while the “hard” data show the underlying US economy is solid, the…
Business
Stocks to watch: Sembcorp, Nio, SingPost, Fu Yu
The following companies saw new developments that may affect trading of its securities on Wednesday (Apr 2). Source link
Business
Alibaba preparing for flagship AI model release as soon as April
OpenAI, Google and Anthropic have similarly released a flurry of new models in recent weeks Alibaba Group Holding is planning to release…
Politics
China ready to buy more goods from India as US tariffs loom
China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement…
News
Algeria says it downed a drone near its border with Mali as tensions simmer between the 2 countries
BAMAKO, Mali (AP) — Algeria said Tuesday it shot down a military drone near the country's border with Mali in the first incident of its…
Politics
Randy Fine overcomes vast fundraising disparity to win Florida seat vacated by Mike Waltz
Republican state Sen. Randy Fine won Tuesday's special election in Florida's 6th Congressional District to fill the seat that Michael…
Politics
GOP candidates win both Florida elections, overcoming vast fundraising deficits
Republican state Sen. Randy Fine won Tuesday's special election in Florida's 6th Congressional District to fill the seat that Michael…
Business
Bankers get boost in Asia-Pacific as M&A growth tops US, Europe
The race is far from over, but the Asia-Pacific has come out of the blocks much faster than the US and Europe in dealmaking activity this…
Politics
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
News
Naval Academy removes nearly 400 books from library in new DEI purge ordered by Hegseth's office
The U.S. Naval Academy has removed nearly 400 books from its library after being told by Defense Secretary Pete Hegseth's office to review…
Politics
Trump to weigh plans for TikTok sale at meeting on Wednesday
US President Donald Trump will meet on Wednesday (Apr 2) to consider a proposal for divesting TikTok’s US operations from Chinese parent…
Politics
Trump tariffs: Which countries will be hit on deadline day?
President Donald Trump's new round of tariffs—described by the White House as a "Fair and Reciprocal Plan"—is set to take effect April 2,…
News
BMW Once Restored Elvis Presley’s BMW 507 Roadster
Read the full story on Backfire News Almost a decade ago BMW made a huge stir when it revealed Elvis Presley’s fully restored BMW 507. The…
News
Xiaomi car with driver assistance crashes, three reported dead
Xiaomi confirmed that one of its SU7 electric vehicles (EVs) was involved in an accident on an expressway in China. Local media reported…
Business
Stakes high for Switch 2 after Nintendo’s stock valuation surges
NINTENDO shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s…
Politics
A look at the people ensnared in Trump's campaign against pro-Palestinian activism at U.S. colleges
Since President Donald Trump took office, the U.S. government has used its immigration enforcement powers to crack down on international…
News
Judge holds ICE agent in contempt after he detained suspect during a trial
A judge in Boston is holding a U.S. Immigration and Customs Enforcement agent in contempt after he detained a suspect while the man was on…
Business
Tesla to report sales as it faces Musk backlash, overseas delivery woes
With its showrooms vandalised, production lines paused and sales tanking overseas, Tesla has had a brutal start to 2025. The automaker is…
Business
Tesla sales drop to lowest since 2022 amid Musk backlash
Tesla’s vehicle sales fell 13 per cent last quarter to an almost three-year low, as the carmaker made over its most important model and…
Politics
Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs
Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that US President Donald Trump is due to announce on Wednesday,…
Business
Europe: Shares recover ground as markets brace for US tariff deadline
EUROPEAN shares rebounded on Tuesday from a two-month low touched in the previous session, while the market braced for an impending April…
Politics
Jim Acosta floats "realistic" way Trump could attempt third term
Jim Acosta warned about one way President Donald Trump could attempt to run for a third term in 2028 that he believes may be "realistic."…