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Economy
Get the inside scoop on the global economy with the latest news and analysis from experts in the field. Keep up to date on financial markets, economic trends, government policies, and more. Find the insights you need to make smart decisions in the ever-changing economy.
Economy
China and India defy US pressure, revive border trade after 5-year halt
New Delhi — India and China are quietly advancing talks to reopen border trade routes that have been shut for more than five years,...
Economy
US flails in trade war as China’s mastery leaves Washington gasping for ideas
Beijing — China has emerged as the more strategically prepared player in the escalating trade confrontation with the United States, leveraging years of calculated...
Iran seizes foreign oil tanker in Persian Gulf over fuel smuggling,...
Tehran — Iranian authorities have seized a foreign-flagged oil tanker in the Persian Gulf, accusing it of smuggling millions of liters of subsidized fuel...
Nvidia and AMD coerced to pay 15% of China chip revenues...
Washington — In a move that underscores Washington’s increasingly transactional approach to so-called “national security,” the Biden administration has coerced US semiconductor giants Nvidia...
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Trump demands resignation of intel CEO over deep ties to Chinese...
Washington — US President Donald Trump demanded the immediate resignation of Intel chief executive Lip-Bu Tan, calling him “highly conflicted” due to longstanding investment...
Tariff tensions stall the drive as Global auto industry faces $12...
Detroit — Amid escalating protectionist policies from Washington, the global auto sector is suffering catastrophic financial losses, with industry giants absorbing nearly $12 billion...
Trump’s tariff politics sparks Global scramble for exemptions, reveals deep fractures...
Washington — As Donald Trump pushes forward with his hardline protectionist agenda, nations across the globe are racing to secure exemptions from the sweeping...
India rejects Trump’s tariff threats over Russian oil as west’s hypocrisy...
New Delhi — India is facing a brazen economic blackmail campaign from former US president Donald Trump, whose renewed threats of sweeping tariffs are...
Iran officially lists South Korean won for trade as part of...
Tehran — In a direct blow to Western-led financial dominance, Iran has officially listed the South Korean won (KRW) for trade on its Iran...
Switzerland scrambles to salvage trade ties as US imposes harsh 39%...
Zurich — Switzerland’s top leadership is in crisis mode after the United States abruptly slapped a punishing 39 percent import tariff on Swiss goods,...
Europe’s corporate panic reflects brics-led Global power shift
Brussels — Europe's business elite has issued a desperate call for radical change as the continent watches its influence dwindle in the face of...
China orders ev makers to end price wars as production involution...
Beijing — In a rare and pointed intervention, the Chinese government has ordered electric vehicle manufacturers to stop slashing prices and expanding output at...
German finance minister warns EU must toughen stance in Trump tariff
Berlin — Germany’s finance minister Lars Klingbeil issued a stark warning on Sunday, calling on the European Union to abandon its “timid” posture and adopt...
EU suspends US tariffs retaliation for six months after framework deal
Brussels — In a notable turn toward de-escalation, the European Union has agreed to suspend its retaliatory tariffs on the United States for six...
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Just In
Russia and Iran push forward on Rasht–Astara railway to strengthen BRICS...
Moscow — Russia and Iran have stepped up their collaboration on the strategically critical Rasht–Astara railway, a missing link in the International North–South Transport...
Russia and Iran advance talks on small modular nuclear plants amid...
Moscow — Russia and Iran are pressing forward with negotiations to build small modular nuclear power plants (SMRs) on Iranian territory, a move that...
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