TOKYO, Japan: Toyota is showing signs of a steady rebound in its home market, posting a second straight month of rising global output as Japanese consumers return to showrooms.
The automaker reported this week that its worldwide production rose by six percent year-on-year in February, reaching 779,790 vehicles. This growth was largely fueled by a 16 percent surge in domestic m
BERLIN/DETROIT: Automakers worldwide are bracing for the impact of sweeping new U.S. tariffs that could reshape global vehicle production and pricing.
President Donald Trump's decision to impose a 25 percent tariff on imported cars and parts sent shockwaves through the global automotive industry on Thursday, raising concerns about higher prices, job losses, and declining consu
New Delhi [India], April 5 (ANI): The maximum increase in tariffs announced by US President Donald Trump is targeted at emerging economies, particularly those in Asia, according to a report by Systematix Research.
The report stated that the analysis of regional averages showed that Southeast Asia faces the steepest rise in tariffs, followed by countries in Eastern and Continental Europe, and the Middle East.
U.S. President Donald Trump delivers remarks on "reciprocal tariffs" at the Rose Garden of the White House in Washington, D.C., the United States, on April 2, 2025.(Xinhua/Hu Yousong)The international community cannot afford to appease Washington. Restoring the WTO's dispute resolution mechanisms, accelerating institutional reforms and reinforcing multilateral cooperation are crucial to counteracting Washington's unila
New Delhi [India], April 5 (ANI): According to a report by the State Bank of India (SBI), India should strengthen its Production-Linked Incentive (PLI) schemes in light of growing global trade competitiveness, especially after U.S. President Donald Trump announced reciprocal tariffs on several countries, including India.
The report stated that India has a strong opportunity to benefit from the global shift in tra
Khyber Pakhtunkhwa [Pakistan], April 5 (ANI): Infighting within the Pakistan Tehreek-i-Insaf (PTI) escalated on Friday, as senior leaders Asad Qaiser and Shahram Khan Tarakai called for an inquiry into remarks made by Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur, who had branded them 'conspirators' in a recent podcast, Dawn reported.
The party's internal discord has grown increasingly public, with mul
Lahore [Pakistan], April 5 (ANI): As Pakistan faces an intensifying threat of drought due to significantly below-average rainfall, Federal Minister for Water Resources Muhammad Moeen Wattoo reaffirmed the federal government's commitment to prioritising water storage and clean energy, Dawn reported.
During a visit to Wapda House in Lahore, the minister pledged full support for the timely execution of major hydropo
Washington, DC [US], April 5 (ANI): US Vice President JD Vance is now a public champion of the Trump administration's protectionist trade agenda, CNN reported, despite having previously criticised tariffs and doubted that such policies would bring back manufacturing jobs.
On Wednesday, Vance applauded in the Rose Garden as President Donald Trump announced a broad new round of tariffs aimed at reviving US manufact
New Delhi [India], April 5 (ANI): J.P. Morgan has predicted that the United States economy will likely fall into a recession this year, largely due to the impact of new tariffs announced by President Donald Trump.
In a note to investors released on Friday evening, the firm's chief U.S. economist, Michael Feroli, said that the country's gross domestic product (GDP) is expected to contract 'under the weight of the
The drone footage depicts the bombing of a Houthi gathering, the president said
US President Donald Trump shared footage on Friday of what he said was a strike on Houthi personnel in Yemen.
The video, apparently filmed by a drone, shows dozens of people standing in an oval on a rural terrain.
A munition falls from the sky, causing an explosion and leaving a large crater. Two vehicles
Jammu (Jammu and Kashmir) [India], April 5 (ANI): The Border Security Force on the intervening night of April 4 and April 5 foiled an infiltration attempt by an intruder crossing the International Border (IB) in the Jammu region of Jammu and Kashmir, an official release stated.
According to the release, the BSF troops stationed along the IB in the region observed suspicious movement in the border area where an i
New Delhi [India], April 5 (ANI): The US stock markets tanked more than 5 per cent on Friday after Donald Trump's reciprocal tariffs sparked fear among investors of a global economic recession.
The Dow Jones index closed with a decline of more than 5.50 per cent, making it one of the highest losses of the index. The S&P 500 index declined approximately 6 per cent by the closing, while Nasdaq tanked 5.73 per c
The US president has insisted that it is "a great time to get rich"
US President Donald Trump has defended his controversial decision to impose sweeping tariffs on the majority of America's trading partners. The move announced earlier this week has shocked the global markets and sparked backlash from world leaders.&nb
The US president has insisted that it is a great time to get rich
US President Donald Trump has defended his controversial decision to impose sweeping tariffs on the majority of America's trading partners. The move announced earlier this week has shocked the global markets and sparked backlash from world leaders.
"To the many investors coming into the United States and investing massive amo
Taipei [Taiwan], April 5 (ANI): Taiwan's Ministry of National Defence (MND) detected 12 sorties of People's Liberation Army (PLA) aircraft and six vessels from the People's Liberation Army Navy (PLAN) operating around Taiwan up until 6 a.m. (UTC+8) today.
Of the 12 aircraft sorties, nine crossed the median line of the Taiwan Strait and entered Taiwan's southwestern and eastern Air Defense Identification Zones (A