HONG KONG (AP) – The United States and Taiwan reached a trade deal Thursday that cuts tariffs on Taiwanese goods in exchange for $250 billion in new investments in the U.S. tech industry. The deal is the latest President Donald Trump has struck – such as those with the European Union and Japan – since he unveiled a sweeping tariff plan last April to address trade imbalances.
HONG KONG (AP) – Taiwan-based TSMC, the world’s largest computer chipmaker, plans to increase its capital spending by as much as nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in artificial intelligence, the company said Thursday.
NEW YORK (AP) – Elon Musk’s Grok keeps getting into trouble, and this time, more of the world’s governments are trying to intervene. First launched in 2023, Grok is Musk’s attempt to outdo rivals such as OpenAI’s ChatGPT and Google’s Gemini in building an AI assistant powered by a large language model, which is trained on vast pools of data.
BEIJING (AP) – On the first trip by a Canadian leader to China in eight years, Prime Minister Mark Carney said Thursday that the two countries are entering a new era of relations. Carney, who became prime minister 10 months ago, is attempting to repair ties with China following several years of acrimony over 100% Canadian tariffs on China-made electric vehicles.
BANGKOK (AP) – The military government of Myanmar, long noted as one of the world’s biggest producers of heroin and methamphetamine, has announced what it describes as the country’s largest-ever seizures of illicit drugs and equipment used to produce them, state media reported Thursday.
BEIJING (AP) – In China, the names of things are often either ornately poetic or jarringly direct. A new, wildly popular app among young Chinese people is definitively the latter. It’s called, simply, “Are You Dead?” In a vast country whose young people are increasingly on the move, the new, one-button app – is essentially exactly what it says it is.
HONG KONG (AP) – China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald Trump’s onslaught of higher tariffs. China’s exports rose 5.5% for the whole of last year to $3.77 trillion, customs data showed.
TOKYO (AP) – Japan’s Prime Minister Sanae Takaichi plans to dissolve the lower house of Parliament soon to pave the way for a snap election to seek the public’s mandate for her policies, a top party official said Wednesday.
BEIJING (AP) – Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday night, beginning a four-day visit designed to repair foundering relations between the two nations as Canada looks to develop ties with countries other than the United States.
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