US Prez Donald Trump says smartphone tariff relief was temporary, new duties coming
A recently announced pause on steep US tariffs for certain Chinese electronics, including smartphones and laptops, appears to be merely…
Indian shrimp exporters hit hard as US alters tariff rules
Exporters in India, the biggest supplier of shrimp to the US, say that President Donald Trump’s tariffs could endanger a…
US dollar’s decline raises question: can the euro become the next global reserve currency?
The US dollar has been the anchor of the global financial system for decades now. But in recent weeks, market…
China’s March exports hit five-month high as factories rush to outpace US tariffs
China’s exports jumped by 12.4% in March, hitting a five-month high as manufacturers raced to ship goods ahead of the…
Ageas to acquire Esure in £1.3bn deal, targets doubling UK business and £100m in savings
Ageas has agreed to acquire British insurer Esure for £1.3 billion, in a move that will make the Belgian company…
Goldman Sachs forecasts gold at $3,700/oz by year-end on rising central bank and ETF demand
Goldman Sachs, a leading global investment bank, has revised its year-end gold price forecast upwards to $3,700 per ounce, according…
Apple rallies as US tariff reprieve buys time to rework supply chain; analysts readjust price targets
Apple and other major US electronics stocks climbed sharply on Monday after the government granted a temporary exemption from new…
Crude oil may not have much upside potential as oversupply grips market
There is no dearth of crude oil in the world right now. If anything, the world is floating in too…
Peso, bonds swing as Argentina announces $20B IMF loan deal
Argentina’s currency and bond market reacted sharply as the country announced a major new financing deal with the International Monetary…
Dow slips 1,700 points, while S&P sheds Wednesday’s gains; big tech, bank stocks see steep declines
Stocks declined on Thursday, reversing half of the previous session’s historic gains, as investors responded to US President Donald Trump’s…