Economy

The US economy faced a dual setback in January, with both retail sales and manufacturing output recording declines. Retail sales posted their largest drop in nearly two years, while manufacturing…

Brazilian President Luiz Inácio Lula da Silva has hinted at possible retaliatory measures against US President Donald Trump’s newly imposed steel tariffs, marking a significant escalation in trade tensions between…

US refiners may be forced to find alternative crude oil sources and could face challenges in maintaining optimal refinery operations due to potential tariffs on Canadian and Mexican crude oil,…

The USD/JPY exchange rate has retreated in the past few days as the market focuses on the next actions by the Federal Reserve and Bank of Japan (BoJ). It retreated…

India’s stock market has suffered its steepest decline in over a year, with total market capitalisation slipping below $4 trillion for the first time since December 2023. A combination of…

India and the US are charting an ambitious course to more than double their bilateral trade to $500 billion by 2030, a move that could reshape economic ties between the…

Gold prices surged to yet another record high on Friday as a weaker dollar boosted sentiments in the market.Investors remained cautious about US President Donald Trump’s plans for reciprocal tariffs.The…

Global equity markets advanced on Friday, buoyed by growing optimism that the implementation of reciprocal US tariffs may be weeks away, increasing the likelihood of negotiations that could soften their…

Elon Musk’s social media platform X, formerly Twitter, has agreed to pay approximately $10 million to settle a lawsuit brought by President Donald Trump and other plaintiffs over the platform’s…