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Honda executive resigns over 'inappropriate conduct'
Honda executive resigns over 'inappropriate conduct'
by  AFP

Honda's executive vice president resigned on Monday over "an allegation of inappropriate conduct", the Japanese automaker said. "It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights... has become the subject of an allegation of conduct contrary to these principles," it said.

Major garment producer Bangladesh says US buyers halting orders
Major garment producer Bangladesh says US buyers halting orders
by  AFP

US buyers have begun halting orders from Bangladesh, the world's second-biggest garment manufacturer, after punishing US tariffs, leaders of the South Asian nation's critical industry warned on Monday. US President Donald Trump hit Bangladesh with punishing new tariffs of 37 percent on Wednesday, hiking duties from the previous 16 percent on cotton products.

The worst market crashes since 1929
The worst market crashes since 1929
by  AFP

Monday's stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis. - 2020: Pandemic - Global stocks crashed in March 2020 after the World Health Organization declared Covid-19 a pandemic, putting much of the world under lockdown.

'Everyone is losing money': Hong Kong investors rattled by market rout
'Everyone is losing money': Hong Kong investors rattled by market rout
by  AFP

Hong Kong small-time investors were left reeling on Monday as US President Donald Trump's punishing tariffs and Beijing's retaliation saw the city's stock market suffer its worst day in almost three decades. Lawyer Ray Chan, 30, was among those left unscathed on Monday, as he sold all his Hong Kong and US shareholdings two weeks ago, netting gains in the seven figures.

Netanyahu and Trump to talk tariffs, Iran and Gaza
Netanyahu and Trump to talk tariffs, Iran and Gaza
by  AFP

Israeli Prime Minister Benjamin Netanyahu was in Washington on Monday to meet Donald Trump, whom he will likely ask for a reprieve from US tariffs while seeking further backing on Iran and Gaza. Analysts said Netanyahu would seek to secure an exemption from the tariffs for Israel.