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File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Monday that the Trump administration will not move ahead with new tariffs on Chinese goods over Beijing’s Russian oil purchases unless European countries impose steep duties of their own.Speaking in a joint interview with Reuters and Bloomberg, Bessent…
US President Donald Trump urged NATO nations to implement substantial tariffs ranging from 50 to 100 per cent on China. (AI image) China has reacted strongly to the Donald Trump administration’s call to G7 and NATO to impose tariffs on countries that import Russian crude oil. The world’s second largest economy has called US statements…
Natural gas will be the only fossil fuel to record an increase in the energy mix of the United States, China, and India by 2050, even as coal and oil usage decline globally, according to a sector update by Nuvama Institutional Equities, citing S&P Global Commodity Insights.“By 2050, gas shall be the only fossil fuel…
China’s economy lost further steam in August, with factory output and retail sales both underperforming expectations, raising pressure on Beijing to roll out fresh stimulus as weak consumption and a property slump weigh on growth.According to data from the National Bureau of Statistics (NBS), industrial output rose 5.2 per cent year-on-year in August, slowing from…
India women’s team loses 1-4 to China (HI Photo) The Indian women’s hockey team lost 1-4 to China in the Asia Cup final, missing their chance for direct qualification to next year’s World Cup. Despite India’s early lead through Navneet Kaur’s penalty corner conversion, China secured their victory with goals from Zixia Ou, Hong Li,…
The iPhone 17 Pro is displayed during an announcement of new products at Apple Park on Tuesday, Sept. 9, 2025, in Cupertino, Calif. (AP Photo/Godofredo A. Vásquez) Apple‘s iPhone 17 series has broken pre-order records in China within the first minute of availability, surpassing last year’s iPhone 16 launch despite the absence of the highly…
India plans to strengthen its northeastern border region through extensive railway development. (AI image) India is planning to build railway lines in the north-east along the border with China, with an aim to enhance logistics infrastructure in the strategically important areas. The development, estimated to cost the government 300 billion rupees ($3.4 billion), has a…
US President Donald Trump (R) and Chinese foreign minister Wang Yi (R) China has hit back strongly at the Donald Trump-led US after Washington called on its Nato allies to impose major sanctions on Beijing — 50 to 100 per cent — alleging China’s role in funding Russia and adding to its lethal potency in…
Womens Hockey Asia Cup 2025 (File Photo) The Indian women’s hockey team secured their spot in the Asia Cup final despite a 1-1 draw against Japan. This qualification came after China defeated Korea 1-0 in the last Super 4 stage match.India will now face China in the final match on Sunday. The winner will earn…
China, the world’s largest consumer of gold, is planning to relax licensing norms for the export and import of the yellow metal, as the nation continues to steer away its reserves from the US dollar.According to a draft proposal from the People’s Bank of China (PBOC), the country plans to expand the use of “multi-use…
