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Solvay to launch Europe’s first rare earths processing plant

April 8, 2025

Tariff impact data, Singapore bank earnings, major Indian IPO
Welcome to Your Week in Asia. The before-and-after of U.S. President Donald Trump’s seismic tariff announcement in early April will be on full display this week, with the U.S. and China revealing trade data from either side of that policy shift. Elsewhere, Singapore’s top lenders reveal their earnings over the course of three days, while…
Singapore PM Wong’s ‘conservatism’ delivers landslide, jolts rivals
SINGAPORE — The landslide win by Singapore’s ruling party in Saturday’s general election reflected voters’ preference for stability and continuity, analysts said, giving Prime Minister Lawrence Wong a strong mandate to lead the country through growing global uncertainty. The People’s Action Party, which has governed Singapore since its independence in 1965, won 87 out of…
Australia’s Labor vows to protect economy from trade war’s ‘dark shadow’
SYDNEY — The morning after leading his party to a massive election win, Australian Prime Minister Anthony Albanese told reporters on Sunday at a cafe near his home in western Sydney that his next term would be “disciplined and orderly” as he seeks to address daunting economic challenges. Australia’s rising cost of living was the…
Indian Muslims fear new law will uproot their communities
NEW DELHI — India’s sizable Muslim minority remains frantic about a new law it says will take away the land its mosques and schools occupy, despite Prime Minister Narendra Modi promising the legal amendment will settle a raft of ownership disputes once and for all. Protests have been rolling across India since the law —…
Earthquakes, including a 5.3 magnitude, shake remote West Texas
A magnitude 5.3 earthquake struck West Texas on Saturday night, part of a swarm of earthquakes to rock the area near the Texas border with New Mexico, the U.S. logical Survey said. The temblor struck at 7:47 p.m. about 35 miles south of Whites City, New Mexico, the USGS said. The area is roughly midway…
First-time Kentucky Derby winner Junior Alvarado dominates field with horse Sovereignty
LOUISVILLE, Ky. — Less than two months before the Kentucky Derby, jockey Junior Alvarado was praying to god to heal him. On March 23, Alvarado was riding the horse Term at Gulfstream Park in Hallandale Beach, Fla., when his thoroughbred suffered a heart attack, sending Alvarado off his saddle. He was clipped by another horse…
Iberian blackout points to grid growing pains — not green energy failure
Spain and Portugal have largely restored power after Monday’s unprecedented blackout — the worst in recent European history. The fallout has put the region’s reliance on renewables under fire. Santiago Abascal, leader of Spain’s far-right Vox party, even called on the country to abandon “climate fanaticism” in response to the power cut. Yet, experts stressed…
Thai king’s state visit to Bhutan sets new diplomatic tone for his reign
BANGKOK — When Thai King Maha Vajiralongkorn arrived in Bhutan last weekend, he wrote his name into history with two milestones: The Himalayan kingdom was his first pick to kick off his inaugural state visit, and he flew into that mountainous terrain by piloting the specially designated Thai royal aircraft, a Boeing 737-800. The 72-year-old…