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About US$758 million worth of cryptocurrency wagers were liquidated in the past 24 hours, the most in nearly six weeks, according to Coinglass data. Photo: Shutterstock

Blockchain

Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets

Cryptocurrency investors appear to be in full ‘sell mode’, according BTC Markets analyst Charlie Sherry.

US air strikes on Yemen push casualty numbers higher

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China opts for stability over devaluation as tariff tremors give yuan a jolt

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Diplomacy

Trump’s tariffs, obesity crisis in China, Europe’s future: 5 weekend reads

From US tariff opportunities to the risk of a magnitude 8 earthquake in China, here are five stories you may have missed over the weekend.

The tariffs could hit US firms with manufacturing operations based in Vietnam. Photo: EPA-EFE
The tariffs could hit US firms with manufacturing operations based in Vietnam. Photo: EPA-EFE

Americas

Venezuela accuses US of plotting ‘false flag attack’ on Guyana oil platform

Venezuela’s vice-president said US Secretary of State Marco Rubio and Blackwater founder Erik Prince were behind the alleged attack plan.

Global Economy

China preps for protracted trade fight with hints of rate cuts, fiscal upswing

Commentary piece in Communist Party paper suggests monetary, fiscal tools at the ready in response to US tariffs – and could be mobilised soon.

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Africa

French President Macron meets Egyptian leader Sisi in Cairo for Gaza talks

On Monday, Macron, Sisi and Jordan’s King Abdullah II will hold a summit as Israel renews its offensive against Hamas in Gaza.

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French President Emmanuel Macron (centre left) and Egyptian President Abdel Fattah al-Sisi, centre, greet people at the Khan al-Khalili market area in Cairo on Sunday. Photo: AFP
French President Emmanuel Macron (centre left) and Egyptian President Abdel Fattah al-Sisi, centre, greet people at the Khan al-Khalili market area in Cairo on Sunday. Photo: AFP

United States & Canada

Ukraine ceasefire talks trump tariffs on Russia, US official says

Tariffs on Russia would have been inappropriate, a US economic adviser said – despite its exports to the United States dwarfing Ukraine’s.

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Europe

Israel’s detention of 2 British Labour MPs ‘unacceptable’: UK foreign secretary

David Lammy ‘deeply concerned’ after Chinese-born Yuan Yang and Abtisam Mohamed, who was born in Yemen, denied entry to Israel and deported.

United States & Canada

Market panic mounts as world scrambles to temper Trump tariffs

US oil prices dropped below US$60 a barrel for the first time since April 2021, even with countries seeking compromise on tariffs.

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A trader works on the floor at the New York Stock Exchange. Photo: AFP

Middle East

Israeli strikes on Gaza kill 32 as Netanyahu heads to US for war talks

Israeli PM said he would discuss Gaza war and 17 per cent tariff imposed on Israel by US. Israel last month ended a ceasefire with Hamas.

Smoke rises from an Israeli strike as Palestinians wait to receive food cooked by a charity kitchen in Khan Younis, southern Gaza, on Sunday. Photo: Reuters
Smoke rises from an Israeli strike as Palestinians wait to receive food cooked by a charity kitchen in Khan Younis, southern Gaza, on Sunday. Photo: Reuters

Middle East

West Bank teenager with US citizenship ‘killed by Israeli forces’

The 14-year-old was among ‘terrorists’ who threw rocks at cars, Israel’s military said. A second boy, who was injured, also had a US passport.

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Europe

Police in Paris arrest 2 over terrorist attack plot

The main suspect, a 19-year-old living in northern France, had ties to Islamic State and planned to attack a public place, French media said.

Europe

Ex-German president warns of far-right at anniversary of Buchenwald liberation

Christian Wulff called Buchenwald Nazi concentration camp ‘a place of systematic dehumanisation’ as he warned against radicalisation.

Former German president Christian Wulff (right) and German historian Jens-Christian Wagner attend a ceremony marking the 80th anniversary of the liberation of the Buchenwald Nazi concentration camp on Sunday. Photo: Reuters

Russia & Central Asia

Russia court sends US citizen awaiting trial to a psychiatric hospital

Joseph Tater was arrested in August after being accused of assaulting a police officer during a confrontation with staff at a Moscow hotel.

US citizen Joseph Tater in court as he was sentenced to 15 days in prison for petty hooliganism in August, in this screen grab of television footage released by Moscow City Court on August 14. Photo: Moscow City Court Press Service/AFP
US citizen Joseph Tater in court as he was sentenced to 15 days in prison for petty hooliganism in August, in this screen grab of television footage released by Moscow City Court on August 14. Photo: Moscow City Court Press Service/AFP

Europe

John Lithgow wins best actor award at UK Olivier Awards

American actor won for portrayal of the Charlie and the Chocolate Factory author in Giant, a play that confronts Dahl’s antisemitic views.

United States & Canada

Second US child dies of measles, almost 650 ill in southern states: officials

Texas reported its first measles death, also of a child, in February – marking the first US fatality from the disease in nearly a decade.

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Politics

The China-US face-off: a visual guide to Xi and Trump’s key people

Discover the power players in Xi and Trump’s teams; the key people setting the agenda on diplomacy, the military, the economy, security and science.

The China-US face-off: a visual guide to Donald Trump and Xi Jinping’s inner circles

United States & Canada

Power players: a visual guide to Trump’s team and their views on China

Discover who is in Donald Trump’s inner circle, their backgrounds, stances on China and the roles they will play in shaping the future of the US.

United States & Canada

Analysis | From Trump to the Great Depression, did tariffs ever truly help the US economy?

Tariffs, like Trump’s, have a chequered past, with experts suggesting access to resources and labour are key to growth, not levies.

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Diplomacy

Trump announces new US tariffs of at least 10% on all imports

US president’s repeated threat of tariffs has spurred waves of counter threats and fears of a global trade war.

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US President Donald Trump holds a “Foreign Trade Barriers” document as he delivers remarks on tariffs in the Rose Garden at the White House. Photo: Reuters
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Open Questions series

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

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Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

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Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez

Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty

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Illustration: Lau Ka-kuen

Historian on why we aren’t heading towards WWIII yet and how wars have changed

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Illustration: Lau Ka-kuen

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

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Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

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Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez

Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty

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Illustration: Lau Ka-kuen

Historian on why we aren’t heading towards WWIII yet and how wars have changed

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Illustration: Lau Ka-kuen
MORE FROM THIS SERIES
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OPINION
Michael Vatikiotis

Opinion | Whose lives matter? Navigating aid and ethics in a divided world

Regina Ip

Opinion | Hong Kong’s economy needs a lean and mean civil service

Regina Ip
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Anthony Rowley

Macroscope | Trump could end up making Asia, not America, great again

Anthony Rowley
Jianlu Bi

Opinion | 3 ways Asean can survive Trump’s tariff war – and 4 ways China can help

Jianlu Bi
David Dodwell

Outside In | Real threat posed by Trump’s tariffs worse than a global recession

David Dodwell
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Wei Wei

Opinion | With friends like Trump’s America, who needs enemies?

Wei Wei
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MULTIMEDIA
Video

China-Africa economic ties: A new chapter

How China is reshaping its economic ties with Africa
16:09
Video

Businesses see US tariff challenges and opportunities

US tariff storm disrupts global business expansions, but some see opportunities
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Video

World reacts to Trump’s ‘Liberation Day’ tariffs

World leaders react to Trump’s new tariff blitz as global trade war escalates
07:05
Video

Trump unveils ‘Liberation Day’ package

Trump slaps 34% reciprocal tariffs on Chinese imports as part of ‘Liberation Day’ package
03:19
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TRENDING TOPICS
US-China trade war
Donald Trump
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