Author: Press Room

Gross domestic product in Vietnam during the first quarter grew 6.93 per cent year-on-year, down slightly from the 7.55 per cent expansion in the final quarter of last year, Vietnam’s General Statistics Office said on Sunday. Despite the challenge presented by US levies, Chinh said a target of “at least 8 per cent” growth this year remains unchanged, the government’s official news portal said. To achieve its goal, Vietnam’s Ministry of Finance has determined that the economy will need to grow between 8.2 per cent and 8.4 per cent in the remaining quarters, the government said. On Friday, Trump and…

On Tuesday, England’s Court of Appeal will begin two days of hearings on Prince Harry’s legal case over the withdrawal of publicly financed security for his family during their visits to the U.K.After Harry and his wife, Meghan Markle, announced they were stepping down from their royal roles and leaving Britain in 2020, an official committee decided that the couple would no longer be eligible for the police protection normally given to royal family members.Harry is challenging that decision. He lost a previous stage of the case in February last year, but a judge later granted him permission to appeal…

President Trump said on Monday that he does not plan to pause a slate of expansive tariffs set to take effect later this week, as he threatened to subject Chinese imports to a staggering 104 percent tax in a bid to ward off retaliation by Beijing and other powers.Mr. Trump issued his warning on a day when the White House once again found itself on the defensive for its spiraling global trade war. But the president insisted he remained unbowed by the widening range of governments pleading for relief and the markets convulsing anew over the chaos and confusion.“We’re not…

Mutuum Finance (MUTM) is rapidly gaining momentum in the global crypto market, becoming the go-to investment choice for savvy investors looking to capitalize on the next big thing in decentralized finance (DeFi). Mutuum Finance is gaining momentum in its recently launched presale. The presale is now in phase 4 after selling out the third one faster than expected. Over $6.4 million has been raised, attracting more than 8100 holders. Investors are piling in at $0.025 before the price jumps 20% to $0.03 in phase 5. Those buying today are set for a 140% ROI when the project finally launches at…

Beijing and Washington swap warnings of additional trade retaliation as markets rebound in Asia

President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China if the Asian nation doesn’t withdraw its plan to impose a retaliatory 34% import fee on American products.In a post on his Truth Social app, Mr. Trump said that “any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.”He added, “Therefore, if China does not withdraw its 34% increase above their already long term…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The author is a partner at law firm Maurice Turnor GardnerAdvising on tax and succession planning is what I do for a living, but experience has taught me that the answer to a business owner’s tax-planning question is not always the best solution for their succession-planning ambitions.I have vivid experience of an entrepreneur who profoundly wishes he had never embraced a succession plan. For commercial and political reasons, the patriarch had to divest himself of legal control of his burgeoning business empire. He…

A repeat felon charged in connection with a Rhodes College student’s 2021 murder and home invasion pleaded guilty on Monday and received his prison sentence.Rainess Holmes, now 40, pleaded guilty to second-degree murder and was sentenced to serve 100% of a 20-year prison sentence, plus a combined nine years for three separate burglary cases.Holmes, a career criminal with charges dating back to 2005, was one of four men who broke into a Memphis home housing several college students, including 22-year-old senior Andrew “Drew” Rainer, at 5:40 a.m. on Oct. 3, 2021, Shelby County court records state.The surviving residents told Memphis…

The Florida Gators have been crowned champions of the 2025 men’s basketball NCAA Tournament after defeating the Houston Cougars, 65-63, in thrilling fashion on Monday night. The Gators had not won the national title on the hardwood since doing so back-to-back in 2006 and 2007 under Billy Donovan. This is the program’s third national title.Florida battled the pesky Cougars all night, coming back in the second half to win it all. Florida Gators guard Will Richard (5) shoots the ball against Houston Cougars forward J’Wan Roberts (13) during the second half in the national championship game of the Final Four of…

Outgoing AFLPA boss Paul Marsh says the fallout from Oscar Allen’s meeting with Sam Mitchell shows there is no incentive for players to announce moves early.