Trump says Japan will import ‘beautiful’ Ford trucks

Japan will start importing Ford’s chunky F-150 pickup trucks, US President Donald Trump said as uncertainties surround the two countries’ trade accord.
6 August 2025, 18:00 PM

Markets’ Trump truce is on ever-shakier ground

If stock markets are to be believed, Donald Trump has pulled off a masterstroke. The US president has ratcheted up tariffs on trading partners while avoiding tanking either the economy or asset prices. Yet investors’ muted response to Thursday’s latest levies may be misleading. The Trump-market truce will soon face steeper tests.
4 August 2025, 18:00 PM

US second quarter GDP growth to reflect tariff turbulence

US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump’s wide-ranging tariffs.
30 July 2025, 18:00 PM

EU’s lopsided Trump trade deal will be short-lived

European Union trade negotiators may promptly celebrate the success they have achieved by clinching a deal with Donald Trump. If so, the question should be: If that passes for success, what would failure have looked like?
28 July 2025, 18:00 PM

Tariff deadline of Aug 1 'firm', no extensions: US commerce secy

'No extensions, no more grace periods. August 1, the tariffs are set,' says Howard Lutnick
27 July 2025, 15:00 PM

Alphabet earnings shine with the help of AI

Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business.
24 July 2025, 18:00 PM

Fed official flags job market risks

The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest rate cut later this month.
20 July 2025, 19:21 PM

Trump plans to impose 50% tariff on copper imports

US President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a separate 50 percent duty on copper imports.
9 July 2025, 18:00 PM

Deal or no deal: What happens with Trump’s July tariff deadline?

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst.
2 July 2025, 18:00 PM

US urges China to keep Iran from shutting key trade route

US Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites.
23 June 2025, 18:00 PM

Weak dollar cushions Europe from potential oil price shock

While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the blow considerably for countries outside America.
19 June 2025, 18:00 PM

Trump's national security advisor Waltz leaving post: US media

Waltz had been under pressure since the editor-in-chief of the Atlantic Magazine revealed in March that Waltz had mistakenly added him to a chat on the commercial messaging app Signal about attacks on Huthi rebels
1 May 2025, 17:11 PM

IMF reaches agreement with Sri Lanka on $344m

The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country’s economic reforms.
26 April 2025, 18:00 PM

Global uncertainty will ‘certainly’ hit growth

The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in Washington.
17 April 2025, 18:00 PM

Dollar wins reprieve from selling

The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.
15 April 2025, 18:00 PM

Vietnam to buy more US goods as it seeks tariff delay

Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.
8 April 2025, 18:00 PM

Over 50 countries sought talks with Trump over tariffs

More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for fallout.
7 April 2025, 18:00 PM

Fed likely to keep rates steady

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.
16 March 2025, 18:00 PM

US tariff tantrum threatens pricing progress

Reading the latest US inflation report is like flicking through old vacation photos: it looks nice, but the experience was only temporary.
16 March 2025, 18:00 PM

Whether US is heading for recession or just ‘detox’, downturns are costly

US Commerce Secretary Howard Lutnick says a recession would be “worth it” to get President Donald Trump’s economic policies in place, while Treasury Secretary Scott Bessent has spoken of a coming period of “detox” and Trump himself says the economy is in “transition.”
13 March 2025, 18:00 PM