Latest News, Updates & Breaking Headlines
China and the United States kicked off their latest round of trade talks in Malaysia on Saturday, as the world’s two largest economies attempt to prevent further escalation of a costly tariff dispute. “The Chinese and US delegations convened on Saturday morning for talks on economic and trade issues,” official Xinhua news agency reported, as…
Representative image (AI-generated) The International Monetary Fund (IMF) on Friday urged Asian countries to lower non-tariff barriers and boost regional trade integration. The organisation said that this would help them reduce vulnerability to US tariffs and global economic shocks.Trade has been a major driver of Asia’s economic growth, with China serving as the global hub…
US President Donald Trump on Thursday responded to Russian President Vladimir Putin’s claim that US sanctions would not impact Russia’s economy. Trump said he was “glad” that Putin held such a view but suggested that the true effects would become clear over time. ‘Don’t Poke The Bear’: Putin FIRES At Trump’s Sanctions, EU Toilet Ban;…
Tensions between US and China might ease over the coming days as the two nations will be meeting in Malaysia for the next round of trade talks.“As agreed by both China and the United States… vice premier He Lifeng will lead a delegation to Malaysia from October 24 to 27 and hold economic and trade…
File photo: Canadian Prime Minister Mark Carney (Picture credit: AP) Canada’s annual inflation rate climbed to 2.4 per cent in September, slightly above analysts’ expectations, driven by rising grocery prices and moderated declines in gasoline costs, official data showed Tuesday.According to Statistics Canada, food prices rose 3.8 per cent year-on-year, marking the largest increase since…
US President Donald Trump expressed confidence in reaching a fair trade deal with Chinese President Xi Jinping, even as his top trade official accused Beijing of “economic coercion.“Speaking to reporters on Monday (local time), Trump said, “we’re going to have a fair deal,” adding, “I want to be good to China. I love my relationship…
India’s exports to the United States have plunged sharply following Washington’s imposition of 50 per cent tariffs on most Indian goods. September 2025 shipments fell to $5.5 billion, down 20.3 per cent from August, marking the fourth consecutive monthly decline and erasing over $3.3 billion in monthly trade since May, according to a report from…
US President Donald Trump on Monday suggested that he might reduce tariffs on Chinese goods, but only if Beijing agrees “to do things” for the United States. These concessions include buying more US soybeans, halting restrictions on rare earth minerals, and other security concerns. Speaking with reporters aboard Air Force One, he said, “They’re paying…
US President Donald Trump has once again claimed credit for averting a potential war between India and Pakistan, saying he used the threat of steep trade tariffs to stop the two nuclear-armed neighbours from “going at it.“Speaking to Fox News on Sunday (local time), Trump said his administration leveraged economic pressure to defuse tensions following…
India’s exports to the United States fell in September, while shipments to other countries surpassed past growth figures, according to Crisil’s October report. Merchandise exports to the US dropped 11.9% to $5.5 billion, reversing a 7% gain seen in August 2025. The decline would have been even sharper if exporters had not made shipments ahead…
