Trump to raise tariffs on India over Russian oil trade, warns of higher penalties
Tensions between Washington and New Delhi have escalated as US President Donald Trump announced a sharp increase in tariffs on…
Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead
US President Donald Trump announced on Friday that he has ordered the deployment of two nuclear submarines to regions near…
BOE rate cuts offer little relief as UK households face mounting financial strain
One year into the Bank of England’s interest rate cutting cycle, UK households are yet to see meaningful financial relief.…
Retail investors shift focus to Europe as US valuations stretch
As retail traders begin to tire of short-lived rallies in meme stocks like Krispy Kreme and Kohl’s, a broader and…
Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling…
Canada ponders over retaliation costs against US tariffs
The Canadian government faces a mounting economic and political challenge after the US increased tariffs on Canadian products to 35%,…
Trump’s final tariff list: 25% for India; reductions for Pakistan, Bangladesh
The August 1 deadline has arrived, and with it, a new era of US trade policy. President Donald Trump’s administration…
Analysis: US tariffs threaten Russian crude exports to India
Concerns about potential supply disruptions, which had temporarily driven up prices, have been alleviated by Russia’s agreement to a 10-to-12-day…
Asian currencies reel as Trump’s new tariffs spark market jitters
Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President…
Can China surpass the US as the world’s leading power?
China looked unstoppable a decade ago. Its economy roared. Cities grew. Factories churned. A familiar story was told that China…