On Wednesday, United States President Donald Trump imposed sweeping reciprocal tariffs on the US’s trading partners. The day was termed “Liberation Day” by Trump, who signed an executive order imposing a flat 10 percent tariff on almost all nations and then additional tariffs on those countries that the US accuses of charging higher levies on…
By Nivedita Bhattacharjee BENGALURU (Reuters) – As Starlink nears regulatory approval in India for satellite broadband services, analysts say a victory there could pave a road into more emerging markets and boost the company’s ambitions to add a million subscribers every year. There are still legal hurdles to overcome, and competition from companies such as…
Foreign investors poured $1.2 billion into Chinese equities this week — the largest weekly inflow since October 2024 — as blockbuster rallies in electric vehicle giant BYD and Chinese AI firms reignited confidence in China’s market rebound, driving global fund managers to ramp up their bets on Asia’s biggest economy.According to Elara Securities’ Global Liquidity…
Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey. Hakan Akgun | Getty Images The Turkish lira fell to a record low against the dollar and the country’s benchmark stock index dropped by…
Cameron Brandt, Director of Research, EPFR Global, says we should not read too much into the unusually frenetic current environment. Trump has learnt from his first term that he needs to hit the ground running before opposition solidifies and that is what he and his administration seem to be doing and they are doing it…
Hotel101 and JVSPAC Take a Bold Step Toward Nasdaq Listing with Confidential SEC Filing, Expanding from the Philippines to Hong Kong…
United States President Donald Trump said on Tuesday he was considering imposing a 10 percent tariff on imports from China, which could come into force as soon as February 1. It was Trump’s latest trade threat against China, the world’s second-largest economy after the US, and Washington’s biggest geopolitical rival. During the campaign that ultimately…
China is facing a repeat of the tensions and uncertainty from the first presidency of Donald Trump, only with a weaker economy that’s even more reliant on exports than it was during the first trade war with the US. China’s record trade surplus of nearly $1 trillion last year was equivalent to more than 5%…
US President-elect Donald Trump and Chinese President Xi Jinping spoke by telephone on Friday, China’s official Xinhua reportedBloomberg Terminal, a pre-inauguration conversation that could set the tone for relations between the world’s two largest economies and main geopolitical rivals. The report by the state-run news agency didn’t provide details. Trump’s transition team didn’t immediately respond…
China’s central government urged local authorities to offer handouts to people struggling with the cost of living, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs. Municipalities with the means are encouraged to provide financial aid ahead of the New Year and the Lunar New Year festival in late January, state-owned…