China announces 34% additional tariffs; Stock markets around the world keep falling, banks hit hard

"I'm the first buyer," Trump said

Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears

Americans must also grapple with the potentially long-lasting impact of the move on household budgets

Oil prices fell further in early Asian trade on Friday, and were on track for the worst week in months over US President Donald Trump's new tariffs, stoking concerns over a global trade war that could weigh on oil demand.

Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as US President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

The global artificial intelligence market is projected to reach $4.8 trillion -- roughly the size of Germany’s economy -- by 2033, the UN said yesterday, warning nearly half of jobs worldwide could be affected.

German investigators said Wednesday that they had dismantled a major platform for the distribution of child sex abuse images with 1.8 million users worldwide in an international operation coordinated by Europol.

The United States is as committed to Nato as ever but demands that European allies spend substantially more on defence, US Secretary of State Marco Rubio said yesterday, while adding that the US would give allies some time to do that.

Israel stepped up airstrikes on Syria overnight, declaring the attacks a warning to the new Islamist rulers in Damascus as it accused their Turkish allies of trying to turn the country into a Turkish protectorate.

Russia yesterday said that threats of military strikes against its ally Iran were unacceptable and warned that attacking the Islamic Republic could lead to potentially catastrophic results if nuclear installations were bombed.

India’s parliament yesterday passed a bill to reform hugely wealthy Muslim land-owning organisations, with the Hindu nationalist government saying it will boost accountability while the opposition called it an “attack” on a minority.

Extreme heat and heavy rain in Myanmar could cause disease outbreaks among earthquake survivors camping in the open, global aid bodies warned yesterday, complicating rescue efforts made difficult by a civil war, as the death toll surpassed 3,000.

Hundreds of thousands of fleeing Gazans sought shelter yesterday in one of the biggest mass displacements of the war, as Israeli forces advanced into the ruins of the city of Rafah, part of a newly announced “security zone” they intend to seize.

Tucked away in the Himalayas, the Kingdom of Bhutan is often regarded as one of the happiest nations in the world. It’s the last stronghold of Vajrayana Buddhism, and even measures the collective wellbeing of its citizens through a Gross National Happiness Index (GNH).

The dollar slumped by 2.6 percent versus the euro, and suffered sharp losses against the yen and British pound

Can they navigate the risks of tariffs and lost exports?

Here is the complete list of countries along with their respective tariff rates

EU chief Ursula von der Leyen warned Thursday, as she vowed Brussels was 'prepared to respond'

Duties on automotive parts imports will be launched on May 3