Boeing shares fall 8% after Air India plane crashes

Shares of planemaker Boeing fell 8 percent in premarket US trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off from India’s western city of Ahmedabad.
12 June 2025, 18:00 PM

Vietnam ready to further open market for US exports: minister

Vietnam is ready to further open its market and offer additional incentives for US exports, and hopes for corresponding steps from the US side, Minister of Industry and Trade Nguyễn Hồng Diên told Senator Roger Marshall at their meeting in Washington DC on June 11 (local time).
12 June 2025, 18:00 PM

Vietnam talks to Gap, Levi Strauss to head off Trump tariffs

Vietnam has sought to enlist major US garment companies including Gap and Levi Strauss as it tries to head off President Donald Trump’s threatened 46 percent trade tariff.
11 June 2025, 18:00 PM

Inditex shares drop as sales disappoint

Shares in Zara owner Inditex fell Wednesday after the world’s biggest fashion retailer posted disappointing first quarter sales as concerns mount over US President Donald Trump’s trade war.
11 June 2025, 18:00 PM

US, China agree on trade ‘framework’ after high-level talks

Top officials from the United States and China said Tuesday that they had agreed on a “framework” to move forward on trade, following two days of high-level talks in London to resolve tensions.
11 June 2025, 18:00 PM

World Bank slashes global growth forecast as trade tensions bite

In its twice-yearly Global Economic Prospects report, the bank lowered its forecasts for nearly 70% of all economies — including the US, China and Europe, as well as six emerging market regions — from the levels it projected just six months ago before US President Donald Trump took office.
10 June 2025, 13:58 PM

Higher metals tariffs kick in as deadline for 'best' offers arrives

Trump late Tuesday signed an executive proclamation that puts into effect from Wednesday his surprise announcement last week that he was taking the tariffs on steel and aluminum imports that had been in place since March to 50% from 25%.
4 June 2025, 03:42 AM

Airlines less optimistic for 2025, facing 'headwinds': IATA

The International Air Transport Association (IATA) estimates fewer than five billion air journeys will take place this year, compared with the previously forecast 5.22 billion.
2 June 2025, 06:32 AM

Trump says he will double steel, aluminum tariffs to 50%

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.
31 May 2025, 18:00 PM

Trump says he plans to double steel, aluminum tariffs to 50%

The doubling of steel and aluminum levies intensifies Trump's global trade war
31 May 2025, 04:06 AM

US trade court blocks tariffs in major setback for Trump

The opinion marks a significant setback to the Republican leader
29 May 2025, 03:10 AM

Gold price rises over 2%

Gold prices rose more than 2 percent on Friday and logged their best week in six, as investors sought the safe-haven asset amid renewed tariff threats from US President Donald Trump and a weaker dollar.
24 May 2025, 18:00 PM

How US-China chip conflict is evolving under Trump

The United States has taken aim at China’s Huawei over the cutting-edge chips powering artificial intelligence (AI), part of a shifting technology dispute between the two largest economies.
24 May 2025, 18:00 PM

Weak US economic outlook persists despite brief trade truce: poll

The outlook for the US economy remains weak despite a temporary cooling of the US-China trade war, a Reuters poll of economists showed, with a debate over the country’s fiscal health hanging in the balance.
22 May 2025, 18:00 PM

Trump tells Walmart to ‘eat the tariffs’ instead of raising prices

US President Donald Trump said on Saturday that Walmart should "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer's increased prices.
18 May 2025, 18:43 PM

US loses last triple-A credit rating as Moody's cuts over govt debt

The downgrade to Aa1 from Aaa adds to the bad news for the US president
17 May 2025, 02:55 AM

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

Now, everything is up in the air again following a breakthrough in US-China trade talks
13 May 2025, 06:48 AM

China commits about $10 billion in credit lines to Latin America

President Xi Jinping delivered a speech to kick off a ministerial meeting of the China-CELAC Forum
13 May 2025, 04:28 AM

Trade war de-escalation: US, China reach deal to slash tariffs

The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.
12 May 2025, 18:23 PM

Washington hails ‘progress’ after trade talks with China

Washington expressed optimism after trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump’s aggressive tariff rollout.
11 May 2025, 18:58 PM