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Chinese EV battery giant CATL posts 33% surge in Q1 profit

Chinese EV battery giant CATL posts 33% surge in Q1 profit

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

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US grounds helicopter company behind fatal New York tour

US grounds helicopter company behind fatal New York tour

US regulators on Monday issued an emergency order grounding the helicopter tour company behind last week's deadly crash in New York.

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China's economy likely grew 5.1% in Q1 on export surge: AFP poll

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say.

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S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

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Harvard sees $2.2 billion in funding frozen after defying Trump

Harvard sees $2.2 billion in funding frozen after defying Trump

Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.

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Israel demands hostage release for Gaza ceasefire: Hamas

Israel demands hostage release for Gaza ceasefire: Hamas

Hamas said Monday that Israel has offered a 45-day ceasefire if it releases half of the remaining hostages held in Gaza, which the United Nations said is now in the grip of its worst humanitarian crisis since the start of the war.

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Palestinian student detained at US citizenship interview

Palestinian student detained at US citizenship interview

US immigration authorities on Monday arrested another Columbia University student who participated in pro-Palestinian campus protests, detaining him as he attended an interview to become an American citizen.

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Argentina's peso sinks after currency controls eased

Argentina's peso sinks after currency controls eased

Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government loosened currency controls to win a $20 billion IMF bailout.

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LVMH sales dip as Trump tariffs dent luxury tastes

LVMH sales dip as Trump tariffs dent luxury tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

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Israeli demands hostage release for Gaza ceasefire: Hamas

Israeli demands hostage release for Gaza ceasefire: Hamas

Hamas said Monday that Israel has offered a 45-day ceasefire if it releases half of the remaining hostages held in Gaza, that the United Nations said is now in the grip of its worst humanitarian crisis since the start of the war.

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