JD – SindhTribune.com

U.S. needs ‘significant position’ in Greenland to counter China: JD Vance

March 29, 2025

80% of Chinese banks see margins shrink below profitability threshold
SHANGHAI — With protracted real estate woes pushing down lending rates, 80% of Chinese banks have seen their interest margins fall below the industry threshold for profitability, a Nikkei analysis shows, raising concerns over the sector’s stability. Fifty-four of 58 commercial banks listed in mainland China and Hong Kong posted reduced interest margins compared with…
House Republican tax bill favors the rich — how much they stand to gain, and why
There’s a stark contrast between the effects on high earners and those on low-income households in a sprawling legislative package House Republicans passed Thursday. The bulk of the financial benefits in the legislation — called the “One Big Beautiful Bill Act” — would flow to the wealthiest Americans, courtesy of tax-cutting measures such as those…
Hong Kong boy band Mirror brings devoted local fans out in droves
HONG KONG — Hong Kong fans of Mirror are going to greater lengths each year to show their love for the local boy band, taking over downtown areas for celebrations in a sign of its hometown appeal. On April 30, Hong Kong’s Causeway Bay area was packed with more than 1,000 fans, many carrying paper…
Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.
The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, Trump said he “had a little problem with Tim Cook,” and on Friday, he threatened to slap a 25% tariff on iPhones in a social media post. Trump is upset with…
Trump approves Nippon Steel’s deal for US Steel: sources
WASHINGTON — U.S. President Donald Trump has approved Nippon Steel’s deal for U.S. Steel, White House sources said Friday. Trump’s decision clears the way for the deal to go forward nearly a year and a half since it was announced. The president appears to have decided the transaction poses no threat to national security after…
17 hurt in knife attack at German train station; woman arrested
BERLIN — A stabbing attack at the busy central train station in the German city of Hamburg left multiple people injured, some of them in life-threatening condition, authorities said. A woman was arrested as the suspect. The attacker targeted people on the platform between tracks 13 and 14 in the station at around 6 p.m.,…
Why Japan keeps repeating the same corporate fraud scandals
Tim Hornyak is a Tokyo-based journalist. In March 2025, Toyota Motor subsidi Hino Motors pled guilty in the U.S. to a long-term fraud scheme under which it had faked engine emissions data going back to at least 2003. The Justice Department’s punishment was harsh: a $1.6 billion penalty and a five-year probation barring it from…
Who attended Trump’s crypto dinner? Photos and social media offer some clues
“Mostly men, I think I was one of the maybe 5 women there,” she wrote. “Felt like 50/50 of people from the states compared to those from other countries — we met people from China, Philippines, Dubai, Korea, etc.” The event has been widely criticized ever since its announcement, with government ethics experts and Democratic…
Japan farm minister vows to halve prices as rice crisis drags on
TOKYO –Japan’s newly appointed agriculture minister on Friday pledged to quickly bring down rice prices to 2,000 yen ($14) per 5 kilograms, promising relief to inflation-hit consumers. The government will release government-stockpiled rice through no-bid contracts with major retailers, Shinjiro Koizumi said on public broadcaster NHK.