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TARIFFS ON CHIPS
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...
AI investment boom reshaping global capital flows, leaving India temporarily on the sidelines: Jonathan GarnerForeign investors are shifting capital from India to North Asian markets like South Korea and Taiwan, driven by the AI investment boom and ...
US stocks today: US stocks end higher, boosted by tech gains, US-Iran peace hopesUS stocks closed higher as AI-driven tech rally lifted the Nasdaq and S&P 500 to fresh record highs. Nvidia gained after unveiling a new ch...
India-US trade negotiators to begin four-day talks on June 1India and the US are holding crucial trade talks in New Delhi. Chief negotiators will finalize details of an interim trade agreement. This ...
US defence secretary Hegseth chides Europe, hails ties with China & Asia alliesUS Defence Secretary Pete Hegseth lauded Asian allies like South Korea and Japan for defence contributions. He also noted improved ties wit...
EU wants to break up with US techWary of being vulnerable to the whims of foreign governments, the European Union is preparing far-reaching new moves to ditch American digi...
India, Canada launch trade & investment forumIndia and Canada have launched a trade and investment forum to boost commercial engagement and enhance connectivity. Commerce Minister Piyu...
US Stock Market: Hawkish Fed voices grow louder amid energy-driven inflation surgeA growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This c...
Taiwan says US has no timetable for chip tariffs, preferential terms already agreedTaiwan has secured preferential treatment for its semiconductor exports under a January trade deal with the US, ensuring favourable terms s...
Global Market Today: Asian stocks slip from record highs, oil gainsAsian equities retreated from record highs as conflicting signals from the US and Iran on a potential peace deal emerged. Crude oil prices ...
Fed's Cook says she is prepared to raise rates if inflation doesn't easeFederal Reserve Governor Lisa Cook signaled support for keeping US interest rates steady, citing mixed economic risks from tariffs, the Ira...
Donald Trump is getting the Republican Party that he wants. But can he win in the midterms?President Trump's strong influence in Republican primaries presents a challenge for the party's upcoming midterm elections. Voters are repo...
Australia, Japan, US and India foreign ministers to meet in New Delhi on Tuesday for Quad talksForeign ministers from Australia, India, Japan, and the U.S. are meeting in New Delhi. They aim to revitalize the Quad group. Concerns abou...
USTR Greer sees no immediate chip tariffs but says protection important for sectorUSTR Jamieson Greer announced no immediate semiconductor tariffs are planned. He emphasised the importance of duties to encourage domestic ...
Angst over rising cost of living pushes US consumer sentiment to record lowUS consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. In...
US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopesWall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gain...
Trump tells Fortune he should have asked for bigger Intel stakeFormer U.S. President Donald Trump stated he should have sought a greater stake in Intel for the U.S. government. The administration previo...