US Treasury Secretary signals potential tariff delay ahead of China talks
US Treasury Secretary Scott Bessent said on Tuesday that he is set to meet his Chinese counterpart in Stockholm next…
Analysis: EU’s new sanctions rock diesel market, price hikes expected
The European Union’s latest round of sanctions against Russia, adopted last Friday, are set to create significant ripples in the…
Powell’s speech today didn’t give Wall Street what it was hoping for: here’s what happened
Kicking off this morning’s closely watched Federal Reserve Board conference, Chair Jerome Powell focused his opening remarks on the Fed’s…
Trump admin courts Amazon, defence giants for Golden Dome amid Musk rift: report
The Trump administration is broadening its search for partners to build the Golden Dome missile defence system, reaching out to…
No tax on home sales? Here’s why Trump may scrap capital gains tax on housing
US President Donald Trump says he’s seriously thinking about getting rid of capital gains taxes on the sale of primary…
Goldman Sachs warns of slower US growth amid rising tariff pressures
Goldman Sachs is forecasting a notable slowdown in US economic growth, citing the inflationary impact of rising tariffs and the…
China holds key lending rates steady in line with expectations
China’s central bank left its benchmark lending rates unchanged on Monday, opting for stability as the country contends with a…
Japan PM Ishiba stays defiant after ruling coalition loses upper house majority
Japan’s ruling coalition suffered a significant setback in Sunday’s upper house election, losing its majority amid mounting public frustration over…
Is Trump’s tariff threat destroying the US-EU trade relationship?
On July 12, President Trump announced plans to impose 30% tariffs on nearly all European Union exports starting August 1.…
Reliance shares fall despite record profit jump: should you buy?
Shares of Reliance Industries Ltd (RIL) dropped over 2.5% in Monday’s trading session, as investors appeared unimpressed by the conglomerate’s…