Why Asia is quietly turning its back on US dollar
Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged…
President Trump floats 80% tariff on Chinese goods ahead of key trade talks
President Donald Trump suggested on Friday that an 80% tariff on Chinese imports “seems right,” ahead of high-stakes trade talks…
UK’s Crown Estate clears offshore wind expansion to raise energy output
To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has…
CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report
CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to…
India offers 9% tariff cut to fast-track $129 billion US trade deal
India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from…
Canada’s unemployment rate hits 6.9% as US tariffs undermine export sectors
Canadian unemployment rose to 6.9% in April, the highest level since November, as US tariffs on major exports started hitting the…
Tata Motors rallies on UK-India FTA hopes and potential US-UK deal as analysts turn bullish
Shares of Tata Motors have been on an upward swing, gaining more than 3.45% on Thursday, marking a surge of…
Centrica hit, Next, JD Wetherspoons rejoice: how UK’s record-breaking April sun impacted business fortunes
Britain’s unseasonably warm and sunny start to spring is casting a mixed shadow over corporate earnings, helping retailers and hospitality…
Bank of England cuts rates to 4.25% amid sluggish growth and easing inflation
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic…
Analysis: OPEC+ production hike drags oil price forecasts in H2 2025
Oil prices may have no relief from further downside in the second half of 2025, with increased supply from the…