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Search Result for “high excise tax”

Showing 1 - 10 of 19

WORLD

Blaze triggers alarm over rise of big batteries

Bloomberg News, Published on 12/04/2025

» A fire on a bucolic stretch of California coast has threatened the rapid growth of an industry considered key to greening the power grid — and keeping the lights on.

BUSINESS

Phones and computers exempted from US ‘reciprocal’ tariffs

Bloomberg News, Published on 12/04/2025

» WASHINGTON - President Donald Trump’s administration has exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple and Samsung.

WORLD

Iran and US prepare ground for nuclear talks

AFP, Published on 12/04/2025

» MUSCAT, Oman - Iran’s top diplomat arrived in Oman on Saturday and began laying the groundwork for high-stakes nuclear talks with the United States that are unfolding under the threat of military action.

BUSINESS

Tariff stakes sky-high for Samsung and Vietnam

Reuters, Published on 12/04/2025

» HANOI - When Samsung Electronics chairman Jay Y Lee met Vietnam’s prime minister in July, he had a simple message to convey. “Vietnam’s success is Samsung’s success, and Vietnam’s development is Samsung’s development,” Lee told Pham Minh Chinh, pledging long-term investment to make the country its biggest manufacturing base for display products.

BUSINESS

US Treasuries suddenly trading like risky assets

Bloomberg News, Published on 12/04/2025

» Billed on Wall Street as so rock-solid safe that they are risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut.

THAILAND

Two Italians rescued after getting lost in Koh Phangan jungle

Assawin Pakkawan and Supapong Chaolan, Published on 12/04/2025

» SONGKHLA / SURAT THANI — Two Italian tourists have been rescued from a jungle on Koh Phangan after they lost their way during a trek.

BUSINESS

Trump floats possible exceptions to 10% baseline tariff

Bloomberg News, Published on 12/04/2025

» WASHINGTON — United States President Donald Trump said he could offer some exemptions to his 10% tariff on most US trading partners — even as he insisted that it was “pretty close” to a floor for nations seeking to negotiate trade deals.

BUSINESS

Thailand will cut tariffs on US corn imports

Reuters, Published on 12/04/2025

» Thailand will cut tariffs on imports of corn from the United States, but volumes still need to be finalised,  Finance Minister Pichai Chunhavajira said on Friday.

BUSINESS

Gold prospers amid trade war havoc and weak dollar

Business, Nuntawun Polkuamdee, Published on 12/04/2025

» The global gold price is projected to have a resistance level of US$3,360, says local trader Hua Seng Heng, after the safe-haven asset breached $3,200 an ounce for the first time on Friday, fuelled by a weaker dollar and the escalating trade war.

BUSINESS

Unpacking the Game Industry Act

Business, Komsan Tortermvasana, Published on 12/04/2025

» The Digital Economy and Society (DES) Ministry has assigned the Digital Economy Promotion Agency (depa) to draft the country's first Game Industry Act in collaboration with the Culture Ministry, creating a law that covers all dimensions of the digital game business and services.