US insists India must halt Russian oil purchases to secure a trade deal
A high-stakes and increasingly tense diplomatic standoff is underway between Washington and New Delhi, as a landmark trade deal between…
Commodity wrap: oil rebounds on sanction fears, gold holds highs, silver tops $45/oz
Oil prices were on track for its biggest weekly gain in three months, while gold eased from its record highs…
US stocks open higher: Dow up 200 points, S&P climbs 0.2%
US stocks edged higher on Friday after the release of closely watched inflation data that met expectations and reinforced bets…
US core PCE inflation holds at 2.9% in August as Fed weighs further rate cuts
The Federal Reserve’s preferred inflation gauge showed little progress in August, a trend that is expected to keep the central…
Canada’s economy posts 0.2% growth in July, easing recession fears
Canada on Tuesday reported that gross domestic product rose 0.2% monthly in July, snapping a three-month streak of decline and…
SovEcon lowers Russian wheat export outlook for 2025-26 season
SovEcon, a leading agricultural consultancy, has announced a downward revision of its forecast for Russia’s wheat exports during the 2025-26…
US consumer sentiment drops in September, but wealthier households stay steady
US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University…
Paccar shares rise after Trump announces tariffs on foreign heavy-duty trucks
Shares of US truck manufacturer Paccar climbed on Friday after President Donald Trump announced new tariffs on foreign-made heavy-duty trucks.…
What Trump’s Ukraine reversal means and what’s next for the country
The war in Ukraine has been dragging a long for more than 3 years now. Early in his days in…
China demands tariff removal amid US soybean purchase halt
China has urged the United States to eliminate what it calls “unreasonable tariffs” and foster conditions conducive to expanding bilateral…