Trade war: US-China trade talks in London next week; Trump says ‘meeting should go very well’
US officials, including Treasury Secretary Scott Bessent, are set to meet in London for trade negotiations, announced President Trump. This follows a conversation with Chinese ...
OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war
The OECD has downgraded its global economic growth predictions due to the escalating trade war spurred by US tariffs. The revised forecast indicates a slowdown ...
China manufacturing shrinks in May despite trade war truce
Okay, buckle up, because things in the world’s factory are looking a little… bumpy. The latest numbers are in, and China’s manufacturing sector, a crucial ...
Hang Seng, FTSE fall with global markets on trade uncertainty; oil climbs on geopolitical risks
Global stock markets experienced a downturn due to fading optimism regarding trade tensions, while oil prices surged amid potential sanctions on Moscow. Nvidia’s strong earnings ...
India’s trade deal with US could unlock new export and market opportunities: Finance ministry report
India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation’s ...
Japan loses position as world’s largest creditor nation as Germany claims title after 34 years
In a historic shift, Germany has overtaken Japan as the world’s leading creditor nation after 34 years, despite Japan’s record ¥533.05 trillion in net external ...
Asian shares edge lower as US markets closed for Memorial Day
Asian shares mostly declined amid light trading due to the US Memorial Day holiday. The Bank of Japan hinted at potential interest rate hikes following ...
India overtakes Japan to become the world’s fourth largest economy, says NITI Aayog CEO
India has overtaken Japan to become the world’s fourth-largest economy, as confirmed by IMF data, according to NITI Aayog CEO B V R Subrahmanyam. With ...
Wall Street opens sharply lower, Dow Falls Over 400 points after Trump’s tariff threats on EU & Apple, global sell-off ensues
US stocks tumbled after Donald Trump threatened to impose 50% tariffs on the EU, sparking fears of a global trade war. The S&P 500 experienced ...
Asian markets tank following Wall Street’s loses: Nikkei down 300 points, Hang Seng loses 0.3%
Asian equities tumbled on Thursday, mirroring Wall Street’s losses, fueled by US economic anxieties. Concerns over Donald Trump’s proposed tax cuts and their potential impact ...
