Trump vows ‘massive’ tariffs until India halts Russian oil buys

US President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did not do so.
20 October 2025, 18:54 PM

US-China trade war risks long-term hit to global growth: WTO

The head of the World Trade Organization said she is urging the US and China to de-escalate trade tensions, warning that a decoupling by the world’s two largest economies could reduce global economic output by 7 percent over the longer term.
19 October 2025, 20:02 PM

High gold prices change festive buying patterns in India

Soaring gold prices led Indian buyers to choose coins and bars over jewellery during the Dhanteras festival on Saturday, fuelled by hopes that the precious metal’s glittering rally would continue, industry officials told Reuters.
19 October 2025, 18:58 PM

Trump extends auto tariff relief

US President Donald Trump signed an order Friday to extend an arrangement that allowed automakers to reduce tariffs paid on imported vehicle parts.
19 October 2025, 18:55 PM

Inflation targets are no match for fiscal neglect

“Inflation is always and everywhere a monetary phenomenon.” Milton Friedman’s famous dogma looks increasingly quaint today.
18 October 2025, 18:48 PM

China and US agree to fresh trade talks

China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the world’s two biggest economies seek to avoid another damaging tit-for-tat tariff battle.
18 October 2025, 18:48 PM

There’s no such thing as a ‘good’ bubble

Even the tech titans admit we are in a bubble. There will be plenty of losses to go round, they say, but the massive investment in artificial intelligence will leave everyone better off.
11 October 2025, 18:09 PM

Trump ratchets up US-China trade war, promising new tariffs

Trump unveiled additional levies of 100% on China's US-bound exports
11 October 2025, 03:28 AM

Gold takes a breather in int’l market

Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the $4,000 level for the first time ever on economic and geopolitical uncertainties and hopes of further US interest rate cuts this year.
9 October 2025, 18:00 PM

World economy not doing as badly as feared: IMF chief

The global economy is doing better than expected, even as it faces prolonged uncertainty and underwhelming medium-term growth prospects, the head of the IMF said Wednesday.
9 October 2025, 18:00 PM

China’s slim AI budgets are self-reinforcing

Artificial intelligence will transform industries and economies. Yet while fears are growing in the United States that spending on advanced chips and data centres is inflating an investment bubble, China may end up with the opposite problem: not spending enough to make breakthroughs at the frontier.
9 October 2025, 18:00 PM

Indian garment exporters reel under US tariffs

When Donald Trump was elected, Indian garment exporter R.K. Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom.
8 October 2025, 18:00 PM

Gold tops $4,000 for first time

Gold prices broke $4,000 on Wednesday for the first time as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown.
8 October 2025, 18:00 PM

Vietnam upgraded to emerging market status

Vietnam was designated an emerging market by a major index provider for the first time on Wednesday, a long-awaited upgrade that could accelerate foreign investment into one of Southeast Asia’s fastest growing economies.
8 October 2025, 18:00 PM

World economy not doing as badly as feared: IMF chief

Says, global growth to slow "only slightly this year and next"
8 October 2025, 15:14 PM

Federal Reserve revamp is not revolutionary enough

Donald Trump’s second administration has upended long-standing conventions in diplomacy, defence, fiscal policy, trade, public health, and more.
4 October 2025, 21:12 PM

Big Pharma’s tariff win leaves lingering aches

Big Pharma is proving the mantra that prevention is better than cure.
27 September 2025, 18:50 PM

Canada signs free trade agreement with Indonesia

Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 percent of Ottawa’s exports to its largest market in Southeast Asia.
27 September 2025, 18:18 PM

Trump signals financial aid for US farmers hit by trade wars

President Donald Trump signaled Thursday that he could funnel aid to American farmers -- a big political support base -- hit by fallout from his trade wars.
27 September 2025, 18:18 PM

Gold gains

Gold gained on Friday after US inflation data came in line with expectations, reinforcing bets that the Federal Reserve may continue with interest rate cuts later this year.
27 September 2025, 18:17 PM