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President Yoon Suk Yeol, upholding parliament's impeachment motion over his short-lived imposition of martial law last year that sparked the country's worst political crisis in decades. With Yoon's ouster, a presidential election is required to take place within 60 days, according to the country's constitution. Prime Minister Han Duck-soo will continue to serve as acting president until the new president is inaugurated. The ruling caps months of political turmoil that have overshadowed efforts to deal with the new administration of U.S. President Donald Trump at a time of slowing growth. Separately, 64-year-old Yoon faces a criminal trial on insurrection charges. The embattled leader became the first sitting South Korean president to be arrested on January 15 but was released in March after a court cancelled his arrest warrant.

Subscribe to enjoy similar stories. MUMBAI : Indian equities outperformed their Asian peers on Thursday, the day US President Donald Trump announced sweeping new tariffs that threaten to destabilize the world trade order. However, Siddhartha Bhaiya, managing director and chief investment officer of Aequitas Investment Consultancy, thinks a one-day reaction barely scratches the surface of the move’s impact.

Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate Intel's chipmaking facilities, tech news outlet The Information reported on Thursday. The Trump administration reportedly initiated the talks between the two semiconductor giants in an effort to revitalize Intel, which has struggled with manufacturing setbacks in recent years. TSMC was set to take a 20% stake in the new company, The Information said.

The S&P 500 ended down almost 5% after U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

Donald Trump presented a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, «I think it's going very well.» «The markets are going to boom, the stock is going to boom, the country is going to boom,» he said when asked about the market as he left the White House to fly to one of his Florida golf clubs. The Dow Jones Industrial Average plunged over 1,600 points on Thursday, leading a global market selloff after President Trump’s sweeping tariff announcement triggered the sharpest shock since the COVID-19 pandemic. On Wednesday, Trump unveiled a minimum 10% tariff on imports, with significantly higher rates for goods from specific countries like China and members of the European Union. While the move rattled markets worldwide, Trump downplayed the reaction, saying it was expected. Comparing the U.S. to a sick patient needing surgery, he responded to questions about the worst stock market drop in years.

Bitcoin (BTC) staged a strong recovery on Tuesday, briefly hitting a high of $88,758 before pulling back. The rebound followed US President Donald Trump’s comments hinting at potential tariff exemptions, easing market concerns. Market sentiment also improved after MicroStrategy’s $584 million Bitcoin purchase, reinforcing institutional confidence. «Bitcoin briefly reclaimed $88,000 following MicroStrategy’s purchase, signaling renewed institutional interest and ETF inflows. The asset remains strong above the $86,000 support level, while Trump Media has partnered with Crypto.com to launch ETFs featuring digital assets and securities,» said Vikram Subburaj, CEO of Giottus.

dollar index weakened to a six-month low of 101.5. The local unit opened weaker at 85.77, but gained during the day to end stronger, traders said. “The safe haven status of the dollar seems to be diminishing due to concerns about how trade policy may impact growth in the US,” a trader in a private bank said. The weakness helped strengthen the rupee, he said.

Information Technology stocks slumped by as much as 10% on Thursday amid renewed inflation concerns in the US, following President Donald Trump's announcement of long-anticipated reciprocal tariffs. The Nifty IT index tumbled 4.2% — the biggest loser among sector indices. Shares of Persistent Systems plunged 10%, while Coforge dropped nearly 8%. TCS, Infosys, Wipro, Mphasis, LTIMindtree, and HCL Technologies declined between 3% and 4%.

Subscribe to enjoy similar stories. India’s stock markets have managed to stabilise from lower levels as the scare created by US President Donald Trump’s reciprocal tariffs seemed to be receding. A stock-specific action continued to dominate the proceedings as Indian markets attempted to decode the impact created by the global cues.

Subscribe to enjoy similar stories. New Delhi: US President Donald Trump’s tariff thunderbolt sent shockwaves across world capitals on Thursday, turning the clock back on globalization and raising fears of a tariff war.

Nvidia processor, but many details remain under wraps. The company released minimal technical information about its product, although Nvidia released explanations for how its technology drives the hybrid console-operation device.

Joe Rogan has ridiculed Disney’s Snow White remake after its disappointing box office debut. He suggested that Elon Musk’s Department of Government Efficiency (DOGE) should probe its production costs. The film, as per reports, had a budget of around $250 million but earned just $43 million at its opening weekend across the United States and Canada. In the second week of its running, the film saw a steep decline of 66 per cent in viewers. The film has become one of Disney’s biggest box office failures in recent years. As per reports, during an episode of The Joe Rogan Experience, comedian Kurt Metzger joined Rogan in dissecting the film’s downfall. Playing the footage of CGI dwarfs, Rogan said that it looked bad and did not look real at all. Responding to his comments, Metzger said that the makers put it all on the lead actor, Rachel Zegler. He said that her performance might not have been great, but that she’s young. He commented that Zegler did not write the script and that she did not decide to remove the dwarves. He added that Peter Dinklage did.

U.S. President Donald Trump’s sweeping reciprocal tariff plan comes with a “fallback” for free trade partners Canada and Mexico if a national emergency declaration on border controls and fentanyl used in February to justify 25 per cent tariffs on them doesn’t hold up. 

Canada and Mexico might have got off (relatively) easy on Donald Trump’s Liberation Day, but for the rest of the world the tariff blow was far worse than expected — and market reaction suggests the biggest loser could be the United States.

United States President Donald Trump Wednesday imposed reciprocal global tariffs on the trading partners that sent shock waves around the world and markets plunging.

A resolution that challenges United States President Donald Trump’s national security justification for tariffs against Canada, passed in the U.S. Senate on Wednesday evening with bipartisan support.

Rahul Gandhi on Thursday raised the issue of reciprocal tariffs imposed by US President Donald Trump in the House on Thursday and said it will «completely devastate» the Indian economy. Gandhi raised the issue during Zero Hour and said, «Our ally has suddenly decided to impose a 26% tariff, which is going to completely devastate our economy — our auto industry, pharmaceutical industry, and agriculture are all in line.» Trump on Wednesday announced new reciprocal tariffs on several countries, including India, saying that the US has been «looted, pillaged, raped, plundered» by other nations. While the US announcement lists 26% as the tariff levied on India, other documents, including those received by the ministry, show that the rate is actually 27%. Gandhi also claimed that China had taken over 4,000 square kilometres of Indian territory and demanded answers from the government over these issues.

Marco Rubio has assured NATO allies that Washington is committed to the alliance, despite concerns raised by President Donald Trump’s earlier remarks. Speaking at a NATO foreign ministers’ meeting in Brussels, Rubio said that the United States seeks a stronger and more capable NATO. Rubio, as per the reports, said that the US is as active in NATO as it has ever been. He dismissed alleged hysteria and hyperbole in the media over Trump’s stance on the alliance. Rubio said that Trump has made it clear that the US supports NATO and they will remain a part of the organisation. However, Rubio reiterated Trump’s call for NATO allies to shoulder more responsibility. He, as per the Euro News report, urged European nations and Canada to increase their defence spending to five per cent of GDP. This reportedly is double of the current two per cent target which several nations including Belgium, Italy, and Spain fail to meet. Also Read :Judge who sentenced Marine Le Pen now under police protection

Wall Street opened to an ocean of red as 10 stocks fell for each that rose, reported Daily Mail. By midday, the S&P 500 lost 4.37%, the Nasdaq declined by 5.59%, and the Dow Jones fell by 3.74%, sending all three major indexes on their way to their worst day since the pandemic, Daily Mail reported. For ordinary Americans, this market decline is not just a business news story, it's a personal hit to their retirement funds, such as 401(k)s, that depend on the market, according to the report. The massive decline in stock prices has erased trillions from the US stocks, Daily Mail reported.

Bitcoin extended its recent retreat Thursday, with the price of the leading cryptocurrency falling in the wake of President Donald Trump's latest tariff announcement.

Andry José Hernández Romero, a gay Venezuelan makeup artist, has been sent by the US to a maximum security prison in El Salvador as part of Donald Trump-led administration’s mass deportation campaign. This was majorly due to ‘crown’ tattoos on his wrists that allegedly proved him to be a notorious gang member. The 31-year-old, who fled his home country in a bid to escape persecution for his sexual orientation as well as political beliefs, was detained at the Mexico-US border in August last year when he crossed over to take part in a pre-arranged asylum appointment in San Diego, California, The Guardian reported.