Foxconn second quarter revenue rises 15.82% on year
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
an hour ago
- The Star
King Charles hosts Macron in first European state visit since Brexit
A woman walks past British, French and EU flags on the Promenade des Anglais ahead of a State Visit to the UK by French President Emmanuel Macron and his wife Brigitte Macron, in Nice, France, July 7, 2025. REUTERS/Kevin Coombs LONDON (Reuters) -Britain's King Charles will welcome French President Emmanuel Macron to Windsor Castle on Tuesday for the first state visit by a European leader since Brexit in a trip aimed at celebrating the return of closer political ties between the countries. The grand ceremonial event will be the first for Macron, who enjoys a good personal relationship with the king. The last state visit to Britain by a French president was in 2008, when Nicolas Sarkozy was a guest of the late Queen Elizabeth. Britain has been trying to reset ties with European allies since Prime Minister Keir Starmer was elected last year. The talks this week will focus on a range of issues, including how to stop people-smuggling and improving economic and defence ties at a time when the United States is retrenching from its traditional role as a defender of European security. Although there have been tensions over the shape of post-Brexit ties and how to stop asylum seekers from crossing the Channel in small boats, Britain and France have been working closely together to create a planned military force to support Ukraine in the event of a ceasefire with Russia. Sebastien Maillard, an associate fellow at London's Chatham House think tank, said the two sides were seeking to repair some of the damage done by the Brexit negotiations in the run up to Britain leaving the EU in 2020, "when France was more or less playing the bad cop". While Macron's three-day visit is filled with meetings about economic issues and foreign affairs, the first day of the visit is largely focused on pageantry, and heavy in symbolism. Prince William and his wife Kate will greet Macron and his wife Brigitte at a military airport in London and will accompany them to Windsor where they will be officially welcomed by the king and Queen Camilla, and gun salutes. They will then travel in a carriage procession through Windsor's streets, attend a military parade and then have lunch with the royal family at the castle. On Tuesday afternoon, Macron will travel back to London to speak to lawmakers in the parliament. The day will end with a state dinner at Windsor Castle, including speeches by the king and Macron in front of about 150 guests. MIGRANTS' RETURN DEAL The following day Starmer will host Macron at Downing Street where they will discuss how to stop the flow of tens of thousands of asylum seekers across the Channel. British officials are hoping that Macron will agree to a pilot of an asylum seekers' returns deal. This would involve Britain deporting one asylum seeker to France in exchange for another with a legitimate case to be in Britain, thereby disrupting the business model of people-smuggling gangs. A record number of asylum seekers have arrived in Britain on small boats from France in the first six months of this year. Starmer, trailing behind Nigel Farage's insurgent, right-wing Reform UK party in the polls, is under pressure to come up with a solution. France has previously refused to sign up to such an agreement, saying Britain should negotiate an arrangement with all the EU countries. On Thursday, Starmer and Macron will host a UK-France summit to discuss other bilateral issues and how to support Ukraine. The two could also announce further cooperation on nuclear investment, such as at Sizewell C. Macron's visit is a sign of a new era in relations. Former British Prime Minister Boris Johnson said in his memoirs published last year that Macron wanted to punish Britain after it voted to leave the EU in 2016. Britain and France in recent years have publicly clashed over fishing rights and a submarine alliance that united Britain, Australia and the United States, but left France on the sidelines. (Reporting by Andrew MacAskill;Editing by Alison Williams)
The Sun
an hour ago
- The Sun
Australia PM Albanese confirms China visit amid trade deal review talks
SYDNEY: Australian Prime Minister Anthony Albanese confirmed his upcoming visit to China, marking his second trip as leader since re-election. The visit aims to strengthen economic ties amid Beijing's push for a review of the decade-old free trade agreement between the two nations. Albanese will travel to Shanghai, Beijing, and Chengdu starting this weekend. His first visit in 2023 helped thaw diplomatic relations after a seven-year freeze. The prime minister stressed the importance of dialogue despite ongoing trade differences. China, Australia's largest trading partner, has proposed updating the bilateral trade deal to expand cooperation in agriculture, mining, and emerging technologies. Chinese Ambassador Xiao Qian stated in The Australian Financial Review that Beijing is open to revising the agreement with 'a more open attitude and higher standard.' When questioned about including AI in trade discussions, Albanese responded cautiously, saying, 'We will determine our policy.' The visit signals efforts to deepen economic collaboration while navigating geopolitical complexities. - Reuters
The Star
2 hours ago
- The Star
Shares steady, dollar firms on US tariff letters; oil dips
A woman walks past an electronic screen displaying the stock index prices of Asian countries outside a brokerage in Tokyo, Japan April 24, 2025. REUTERS/Issei Kato TOKYO: Stock markets in Asia took in stride the latest twist in U.S. President Donald Trump's tariff roll-out on Tuesday, as the dollar held onto gains and oil retreated. Shares on Wall Street fell after Trump sent letters to 14 countries, including Japan and South Korea, unveiling sharply higher tariffs on imports into the United States, while also postponing their implementation to August 1. Japan's Nikkei stock gauge opened lower but then turned positive after Trump described that deadline as "firm, but not 100% firm" and said tariffs may be adjusted for some countries. The Aussie dollar rose ahead of a Reserve Bank of Australia decision later in the day. Market reaction to the tariff announcements was muted on memories of Trump's rapid walk back of his "Liberation Day" duties initially set out on April 2, said Tapas Strickland, head of market economics at National Australia Bank. "There's going to be a lot of volatility as the headlines start to emerge, as more of these letters come out, and as the negotiations really come to the fore ahead of that August 1 deadline," Strickland said on an NAB podcast. In April, Trump capped all of the so-called reciprocal tariffs with trading partners at 10% until July 9 to allow for negotiations. Only two agreements, with Britain and Vietnam, have been reached. In June, Washington and Beijing agreed on a framework covering tariff rates, restoring a fragile truce in their trade war. Tariffs on Japan and South Korea are now due to go up to 25% on August 1. Japanese Prime Minister Shigeru Ishiba called the hike deeply regrettable and said his nation would continue negotiations with the U.S. The European Union will not be receiving a letter setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday. The EU still aims to reach a trade deal by Wednesday after European Commission President Ursula von der Leyen and Trump had a "good exchange," a commission spokesperson said. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% in early trade. Japan's Nikkei stock index rose 0.4% while South Korea's KOSPI jumped 1.5%. The dollar rose 0.2% to 146.36 yen, touching a two-week high. The euro was flat at $1.1741. The Aussie advanced 0.4% to $0.6516 before a meeting by the central bank where policymakers are widely expected to deliver a 25-basis-point cut. U.S. crude dipped 0.5% to $67.59 a barrel after surging nearly 2% on Monday. Spot gold edged 0.2% lower. In early trade, pan-region Euro Stoxx 50 futures were down 0.1%, German DAX futures were down 0.1% at 24,133, and FTSE futures slid 0.3%. - Reuters
