Oil up on Tuesday
Oil prices rose on Tuesday as investors awaited the outcome of US-China trade talks in London, fuelling hopes of a…
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trade tensions
Gold prices dip amid strong US jobs data
Gold prices dropped slightly on Wednesday due to stronger US jobs data, despite safe-haven demand resulting from…
Indian rupee strengthens on weaker dollar
The Indian rupee strengthened on Monday, supported by a softer US dollar and foreign inflows linked to global…
China factory activity still contracts – PMI
China's manufacturing activity increased to 49.5 in May from 49.0 in April, remaining below the 50-mark that…
EU warns of retaliation after Trump doubles steel tariffs
The European Commission said Europe was prepared to impose countermeasures after US President Donald Trump…
IMF sees growth cooling in Italy, urges stronger fiscal discipline
Italy’s economy expanded by 0.3 per cent in the first quarter of 2025, after posting 0.7 per cent growth in 2024…
Japan PM vows support over US tariffs
Japanese Prime Minister Shigeru Ishiba acknowledged the increasing influence of US tariffs on Tuesday and promised…
China’s industrial profits up in Jan–Apr ’25
China's industrial profits increased by 1.4 per cent year-on-year in the January-April period, as per the National…
Trump delays EU tariff threat, extends trade talks
US President Donald Trump agreed to delay a planned 50 per cent tariff on European Union imports until July 9,…
ECB’s Nagel: No alternative to dollar yet, euro to gain in time
European Central Bank policymaker Joachim Nagel on Wednesday emphasised the continued importance of the US dollar…