Trump administration’s tariffs on imported cars and parts overshadow consumers and dealers at 2025 New York International Auto Show though some consumers’ rush to purchase tariff-free automobiles drove up sales in March. POOR SALES EXPECTED AFTER NEAR-TERM BUMP The United States saw strong automobile sales in March as consumers rushed to buy before tariffs would kick in but the outlook looks gloomy afterwards. “The tariffs situation clearly has a major impact as far as affordability for customers,” Mark Schienberg, chairman of the Greater New York Automobile Dealers Association said. “This is a real global industry, so there’s not one source…
Author: Xinhua
Egypt inaugurated on Sunday the headquarters of the African Space Agency (AfSA) in the Egyptian Space City in Cairo. “Egypt has made extensive efforts to establish the agency, which embodies the vision of ‘The Africa We Want’ outlined in the African Union’s Agenda 2063,” Egyptian Foreign Minister Badr Abdelatty said at the inauguration ceremony. He emphasized that the agency will serve as a platform for enhancing cooperation among African countries in the peaceful uses of space, exchanging expertise, building capacities, and unifying African positions in international forums, particularly within the framework of the United Nations. Abdelatty also highlighted the importance…
In a significant advancement that could reshape the future of electric vehicles, Chinese researchers have identified a mechanism behind solid-state lithium battery failures. It came as China has risen to become a global leader in the lithium battery industry. The country is now racing with its international rivals, particularly those from Japan and the Republic of Korea, to embrace the next-generation battery technologies. Solid-state batteries, widely regarded as one of the most promising solutions in the coming decade, could revolutionize energy storage. However, overcoming their technical hurdles remains the greatest current challenge. FINDING ROOT CAUSE Unlike liquid electrolytes used in…
China sent six new test satellites into space on Saturday from the Taiyuan Satellite Launch Center in north China’s Shanxi Province. The six Shiyan-27 satellites were launched at 6:51 a.m. (Beijing Time) aboard a modified Long March-6 carrier rocket and entered the preset orbits successfully. They will be mainly used for space environment exploration and related technology tests. The launch marks the 570th flight mission of the Long March carrier rocket series. Published Date: 2025-04-19 10:18:16 Author: Xinhua Source: News Central
From high-end urban streets to picturesque suburbs, Waterstones stands as one of Britain’s most iconic bookstore brands. Yet only a decade ago, it was on the brink of bankruptcy, squeezed by the menacing rise of e-reading. Its revival is largely credited to one man who remains steadfast in his mantra — placing the right bookstore in the right place. As both the managing director of Waterstones and CEO of Barnes & Noble in the United States, two major bookstore chains on two continents, James Daunt is a man of deep conviction when it comes to physical bookstores. “Bookstores are for…
The 2025 Chinese Film Week kicked off on Thursday, bringing Cambodian people the best of recent Chinese films across various genres and themes. The event, which opened with the animated film “I Am What I Am 2,” will run through April 21. At the opening ceremony, Phoeurng Sackona, the Cambodian minister of culture and fine arts, said Cambodia and China have expanded their collaboration in the film industry through various projects. The event will be a great opportunity for both sides to share creativity, strengthen friendship, and promote solidarity as they work together to build a Cambodia-China community with a…
The Asian-African Conference marks its 70th anniversary this year, yet Popong Otje Djunjunan vividly recalls how different Bandung, and Indonesia as a whole, was in 1955 when the landmark summit was held. At the time, Popong, then a 17-year-old high school student, served as one of the young hosts welcoming world leaders to Bandung’s Homann Hotel. Bandung hosted the first Asian-African Conference in 1955, bringing together presidents, prime ministers, and leaders from 29 countries and regions in a shared spirit of emancipation from colonialism and imperialism. According to Popong, Indonesia has progressed significantly over the past seven decades through advancements…
Egypt’s central bank on Thursday cut key interest rates by 255 basis points, setting the lending rate at 26 percent and the deposit rate at 25 percent, the bank said in a statement. The rate cut “aligns with upholding the appropriate monetary stance, with the aim of anchoring inflation expectations and safeguarding the projected disinflation path,” the central bank said. It reaffirmed its commitment to monitoring economic and financial conditions and using all available tools to steer inflation toward its target of 7 percent ± 2 percentage points by the fourth quarter of 2026. The bank cited ongoing uncertainty surrounding…
Eight Filipino seafarers have been detained by Malaysia over alleged violations of Malaysian immigration laws and regulations, the Philippines’ Migrant Workers (DMW) said Friday. DMW Secretary Hans Cacdac said the crew members are being detained in a police station in Kota Tinggi, a town in Johor, a state in southern Malaysia. “Our labor attache and DMW lawyer in Malaysia visited the eight jailed seafarers and raised the defense of good faith before the investigation officer,” he said in a statement. “We have been informed that the results of the investigation will be out soon,” Cacdac added. Cacdac said his department…
The 2024-2025 Chinese Basketball Association (CBA) regular season concluded on Monday, with the final standings determined. Zhejiang Lions claimed the top position, while the Nanjing Monkey Kings secured their historic first playoff berth. In the final 46th round, the Beijing Ducks routed the Tianjin Pioneers 110-92. Beijing led on 63-58 at the break before the Ducks expanded the lead to 11 points to enter the final quarter. Beijing opened the fourth quarter with a 10-2 run to put the game beyond reach. Eugene German led Beijing with 23 points, followed by 22 points from Zeng Fanbo. Chen Yingjun added 20.…