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US tariffs still threaten Penang exports despite semicon exemption, says CM

GEORGE TOWN, July 8 -- The imposition of a 25 per cent tariff by the United States will impact Penang's highly export-oriented economy, said Chief Minister Chow Kon Yeow. He said the state's export-o... Read More


Trump maintains 32 percent import tariff on Indonesia

Jakarta, July 8 -- United States President Donald Trump has decided to maintain the 32 percent import tariff on Indonesia, keeping the "reciprocal tariff" announced in April unchanged, despite ongoing... Read More


Indonesia invites BRICS to accelerate energy transition

Rio de Janeiro, July 8 -- Indonesian President Prabowo Subianto invited BRICS nations to intensify collaboration in addressing the climate crisis, especially by accelerating the transition to clean en... Read More


Commodities Buzz: WGC says 43% of central bankers said they expect their own gold holdings to rise over next 12 months

Mumbai, July 8 -- Global central banks kept on buying gold in May compared to other months, according to a latest update from the World Gold Council (WGC). Central banks bought only 20 tonnes of gold,... Read More


NLC Indias board OKs to invest Rs 1,630-cr in subsidiary

Mumbai, July 8 -- Further, the company's board also approved the borrowing of term loan in Japanese Yen equivalent to $100 million, through external commercial borrowing (ECB), from Sumitomo Mitsui Ba... Read More


Musk intensifies Trump feud with third party launch, Epstein jab over GOP tensions

Washington, July 8 -- Tech billionaire Elon Musk has escalated his feud with US President Donald Trump, announcing the formation of a new political group called the "America Party" and intensifying cr... Read More


PM Modi arrives at hotel in Brasilia, receives warm welcome from Indian diaspora

Brasilia, July 8 -- Prime Minister Narendra Modi greeted and interacted with members of the Indian diaspora upon his arrival at a hotel in Brasilia on Monday (local time). Members of the Indian commu... Read More


Tata Memorial Hospital launches cancer care training programme for BIMSTEC countries

India, July 8 -- Tata Memorial Hospital in Mumbai today launched a specialised cancer care training programme for BIMSTEC countries, aimed at strengthening regional cooperation in healthcare. Speaking... Read More


Iran expresses gratitude to BRICS blocs for condemning attack on it

India, July 8 -- Iranian Foreign Minister Seyyed Abbas Araghchi today expressed gratitude to the BRICS bloc for condemning recent strikes on the country during the ongoing 17th BRICS Summit in Rio de ... Read More


India abstains from UN resolution on Afghanistan, calls for efforts to end exploitation of Afghan soil for terrorism

New York, July 8 -- India abstained from voting on the United Nations General Assembly (UNGA) resolution on the situation in Afghanistan on Monday and noted that a "business as usual" approach without... Read More