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Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
UK may intervene in $110 billion Paramount-Warner Bros Discovery dealBritain is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros Discovery, potentially delaying the deal de...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Why did stock market rally today? Sensex jumps 736 points, Nifty closes above 23,850. 5 key factors behind bull runIndian equities surged nearly 1% as bulls charged through Dalal Street, driven by an Iran-US peace framework and sliding oil prices. The Se...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
China enters its flood season; heavy rain expected in the southChina has entered its flood season with heavy rains forecast for the south. Some northern areas and major river basins will experience belo...
Nepal PM's comments about 'encroaching' Indian land triggers controversyNepal's Prime Minister Balendra Shah has stated that Nepal has also encroached on Indian territories. He acknowledged India's encroachment ...
A collapse occurs during an illegal mining operation in China, killing 5 peopleA tragic collapse at an illegal mine in China's Yunnan province has claimed five lives. The incident occurred early Sunday morning in Huize...
UK's Scotch whisky body hopes for 'swift' India FTA implementationThe Scotch Whisky Association is urging swift implementation of the India-UK Free Trade Agreement, despite recent hurdles over UK steel imp...
US Stock Market: Foreign holdings of US Treasuries fall in March as Japan, China cut exposureForeign holdings of U.S. Treasuries dipped in March to $9.348 trillion, down from a record high, as major investors like Japan and China re...
Global Market Today: Asian stocks rise after AI rally spurs US gaugesAsian stocks climbed, mirroring Wall Street's record highs driven by the AI trade and robust US consumer resilience. Japan, South Korea, an...
How China is helping Cuba survive crippling blackouts as years of US sanctions leave the country with ‘absolutely no fuel’Cuba faces a severe energy crisis with widespread blackouts. China is significantly boosting Cuba's solar power infrastructure. Imports of ...
AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
Pakistan keen for early approval for next IMF tranche: AurangzebPakistan is eager for the International Monetary Fund's next loan installment. A Fund team will visit next month for crucial review talks. ...
China says UK spy claims result of watching 'too many 007 movies'"Perhaps some individuals have watched too many 007 movies, leading to unnecessary mental associations," foreign ministry spokesman Wang We...
China threatens 'forceful counter-attack' after Britain suspends HK extradition treatyLondon has been dismayed by the introduction of a national security law in the former British colony, which returned to Chinese rule in 199...
The UK is on a collision course with ChinaThe more immediate anger is trained on China’s treatment of Hong Kong. Whereas EU foreign ministers avoided any threat of sanctions & inste...
US-China deal news, UK vote outcome to boost markets: Seth R Freeman, GlassRatner AdvisoryIt is still unclear what Trump signed and what the real impact of the deal would be.