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Trump threats to South Africa rattle automakers
Trump threats to South Africa rattle automakers
Business and Economy
by  AFP

South Africa exports vehicles worth about $1.9 billion every year, many to the United States under a trade deal now in jeopardy as President Donald Trump piles pressure on the country. Motor vehicles account for 22 percent of South Africa's exports to the United States, worth $1.88 billion -- behind only precious metals, according to government statistics.

Asian stocks rise, oil falls as Trump fans Ukraine peace hopes
Asian stocks rise, oil falls as Trump fans Ukraine peace hopes
Business and Economy
by  AFP

Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald Trump and Russia's Vladimir Putin had discussed peace talks. Ukrainian President Volodymyr Zelensky said he had a "meaningful conversation" with Trump and that the leaders discussed ways to end the war.

China's 2024 coal projects threaten climate goals: report
China's 2024 coal projects threaten climate goals: report
Business and Economy
by  AFP

China last year began construction on projects with the greatest combined coal power capacity since 2015, jeopardising the country's goal to peak carbon emissions by 2030, according to a report published Thursday. China is due to announce details of its 15th Five-Year Plan -- for 2026 to 2030 -- in the coming months, likely including updated emissions and energy goals.