Economy

One year into the Bank of England’s interest rate cutting cycle, UK households are yet to see meaningful financial relief. Despite four rate reductions since July 2024 and expectations for…

Concerns about potential supply disruptions, which had temporarily driven up prices, have been alleviated by Russia’s agreement to a 10-to-12-day deadline to end its invasion and implement a complete ceasefire…

Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President Donald Trump announced sweeping new tariffs on imports from dozens…

China looked unstoppable a decade ago. Its economy roared. Cities grew. Factories churned.A familiar story was told that China would overtake the US and a new world order would begin.But…

Indian refiners may find it difficult to replace Russian crude oil volumes completely, which is likely to drive up crude prices, according to Commerzbank AG. US President Donald Trump of the…

When President Vladimir Putin launched the full-scale invasion of Ukraine in early 2022, most Western analysts predicted swift economic collapse. Sanctions were sweeping. Companies were fleeing. Russian banks were cut off…

North America’s UAV (drone) market is undergoing a rapid transformation, fuelled by breakthroughs in AI, autonomous flight, and regulatory shifts aimed at reducing dependence on Chinese technology.In a bold move…

The US Fed meeting is all set to begin on Tuesday, and investors are certain that the central bank will keep the federal funds rate unchanged in the 4.25% to…

President Donald Trump said Tuesday that India could be subject to tariffs ranging between 20% and 25% as the US moves toward imposing reciprocal levies on trading partners who have…