global economy

US-China trade talks: Donald Trump administration & Beijing may extend tariff pause by another 3 months, says report

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The US and China are likely to extend their tariff truce for another 90 days as trade negotiations continue, with discussions planned in Stockholm on ...

Donald Trump tariffs: Will the August 1 deadline by extended by US President? What Commerce Secretary Lutnick said

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US Commerce Secretary Howard Lutnick announced that President Trump’s reciprocal tariff deadline of August 1, 2025, will not be extended. These tariffs will be implemented, ...

US-Japan trade deal: Wall Street rallies; tariff relief fuels global optimism

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US stocks surged to new highs following a trade agreement between the US and Japan, which reduced tariffs and boosted investor confidence. The deal sparked ...

Asian stocks: Shares trade mixed today; Shanghai up 0.2%, Nikkei slips 0.15%

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Asian markets experienced a downturn on Thursday, mirroring Wall Street’s volatility amid trade tensions and concerns over Trump’s relationship with the Federal Reserve Chair. Trump’s ...

US tariffs: Mexico calls Trump’s 30% duties ‘unfair’; EU warns of supply chain disruption

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Donald Trump’s threat to impose 30% tariffs on EU and Mexican exports from August 1 has sparked strong reactions. Ursula von der Leyen criticized the ...

Israel-Iran conflict: Oil slides 6% after Iran’s ‘symbolic’ strikes

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Oil Market Cools Down After Iran’s Retaliation: A Temporary Reprieve? The world held its breath over the weekend, bracing for a potential escalation of conflict ...

Nightmare scenario: How Iran, hit by US & Israel strikes, may choke world’s oil supply via Strait of Hormuz – explained

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Iran-Israel war: Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a prolonged blockade remains unlikely, ...

Global FDI decline: UN warns of declining globalisation; ‘Barriers are rising’

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UN Secretary-General Antonio Guterres has voiced concerns over declining globalization as foreign direct investment shrinks amid global economic challenges. A UNCTAD report reveals an 11% ...

Rupee slips on oil spike, falls 30 paise to 86.34 against US dollar, traders cite geopolitical crisis & weak equities

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The Indian rupee weakened to 86.34 against the US dollar due to rising crude oil prices and geopolitical tensions in the Middle East. A stronger ...

Israel-Iran escalation sparks oil prices surge, markets brace for supply shock; Hormuz chokepoint back in spotlight

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Oil prices surged over 7% following escalating tensions between Israel and Iran, raising concerns about potential supply disruptions. Brent crude reached levels unseen since January, ...