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Asian Markets Plummet as Trade Tensions Reach Boiling Point
Asia-Pacific stocks experienced a significant decline on Monday, driven by substantial losses in Hong Kong, as a result of an escalating trade war initiated by the U.S. The sell-off was further intensified by comments from U.S. President Donald Trump, who stated that the recently imposed reciprocal tariffs would remain in place, increasing uncertainty about potential negotiations or reprieves. Read the full story here
Bolsonaro Rallies Support for Amnesty as Coup Plot Trial Looms
Former Brazilian President Jair Bolsonaro led a rally in support of an amnesty law that could free him from criminal charges and eliminate prison sentences for dozens of supporters who stormed the nation's congress two years ago. Bolsonaro is facing five counts, including attempting to stage a coup, and has been barred from running for office until 2030, but he plans to challenge this ruling and run in the 2026 presidential election, stating that holding…
Floating to Formations: Groundbreaking ESA Study Unveils the Secret Lives of Dust Particles in Microgravity
The European Space Agency (ESA) has conducted a microgravity experiment to study the behavior of dust particles in space. This experiment aims to understand how these particles interact and aggregate to form larger structures. The findings of this experiment provide valuable insights into the early stages of planet formation, shedding light on the processes that shape our solar system. Read the full story here
Australia Invests $12 Billion in Military Modernization Scheme
The New Zealand government has released its 2025 Defence Capability Plan, outlining $12 billion in spending over the next four years, with $9 billion being new funding. The plan aims to modernize the New Zealand Defence Force, lifting defence spending to over 2 percent of GDP in the next eight years, with a focus on high-tech systems and uncrewed drones. Read the full story here
White House Spares Russia from US Tariffs Amid Ongoing Peace Talks
The White House excluded Russia from the U.S. tariff list due to ongoing peace negotiations with Ukraine, according to National Economic Council Director Kevin Hassett. The decision aims to avoid disrupting diplomatic progress, with Hassett stating that introducing new tariffs during talks would be inappropriate, and the U.S. is focusing on negotiations instead. Read the full story here
Asian Markets Plunge: Trump’s Tariffs Spark Chaos in Japan and Taiwan Trading Floors
Asian stock markets plunged on Monday, April 7, due to concerns over US President Donald Trump's "reciprocal" tariffs. Exchange operators in Japan and Taiwan briefly halted trading to pause panic selling. Japan's Nikkei 225 index fell 6.5 percent, while Taiwan's Taiex weighted index dropped 9.8 percent, prompting the implementation of circuit breakers to stabilize the market. Other Asian markets, including Singapore, Hong Kong, and South Korea, also experienced significant declines. Read the full story here
Death Toll Mounts: Gaza Airstrikes Claim 32 Lives, Overwhelmingly Civilians
Israeli strikes in the Gaza Strip have killed at least 32 people, including women and children, according to local health officials. The strikes come as Israeli Prime Minister Benjamin Netanyahu meets with President Donald Trump to discuss the war. The conflict has resulted in a significant humanitarian crisis, with hundreds of Palestinians killed and thousands displaced. The war began in October 2023, when Hamas-led militants attacked Israel, killing over 1,200 people and taking hostages. Israel's…
Made in India: Tech Giants Apple, Samsung Shift Gears Amid Trump’s Tariff Storm
Global smartphone giants Apple and Samsung are re-calibrating their worldwide production to mitigate the impact of Donald Trump's higher tariffs on China and Vietnam. The companies plan to increase production in India, with Apple shipping iPhones to the US from Indian factories, and Samsung considering shipping from India due to lower tariffs, as part of the Make in India initiative. Read the full story here
Singapore Market Plunges to 13-Year Low as Stocks Suffer Worst Day Since 2008
Asian markets experienced a significant downturn on April 7, with Singapore's Straits Times IndTI) plungingex (S 7.5 per cent, its biggest one-day loss since the 2008 global financial crisis, as US President Donald Trump refused to roll back global tariffs. The Sb> deTI