Economy

Wells Fargo expects the US markets to have a washout in 2025 while reaching new heights in 2026. The firm said the tariffs will cause uncertainty in the current year,…

US tariffs on steel and aluminum were doubled, but the metal markets appear to have quickly absorbed the impact. Aluminum prices on the LME have already fully rebounded to approximately $2,440…

For over a decade, the United States has used export controls to stymie China’s progress in acquiring and developing cutting-edge technologies—especially those with military applications such as advanced semiconductors and…

The UK economy shrank by 0.3% in April, a sharper-than-expected decline that has raised fresh concerns about the fragility of the recovery and the growing pressure on both households and…

The United States and Mexico are moving closer to a trade agreement that would limit the impact of President Donald Trump’s proposed 50% tariffs on steel, by allowing a portion…

Wednesday saw oil prices dip, as markets analysed the results of US-China trade discussions, which still await President Donald Trump’s review. Market pressures included weak oil demand from China coupled with…

Everyone wants to believe the trade war is cooling off. But that’s unlikely.After 2 days of negotiation in what was supposed to be a “quick meeting” in London, US and…

India’s Maruti Suzuki, facing rare earth shortages, has significantly reduced its initial electric vehicle e-Vitara production goals by two-thirds, as revealed in a document, highlighting ongoing supply chain disruptions within…

Mexico’s annual inflation rate accelerated more than expected in May, surpassing the top of the central bank’s target zone and adding to the monetary policy conundrum in the second-largest economy…