Investor confidence in a Fed rate cut grows, driving stock markets higher
Uncertainty in trade talks, geopolitical tensions to pressure sea freight rates
Orban's 'golden age' promise falters as new US tariffs hit Hungary's auto industry
President Donald Trump yesterday threatened to “substantially” hike US tariffs on goods from India over its purchases of Russian oil -- a key source of revenue for Moscow’s war on Ukraine.
The US announced last week that it would impose a 19% tariff on Malaysia
Trump-imposed tariffs on many countries will remain, US trade representative says
Investors fret over US tariffs, weak jobs report, and possible rate cuts
Remittance surged 30 percent year-on-year in July, the first month of the current fiscal year, maintaining buoyancy in inflows as more than 40 lakh Bangladeshis have gone abroad for work over the past four years.
"To me, the most beautiful word in the dictionary is 'tariff,'" Trump repeatedly said on the campaign trail for the 2024 election.
The IMF has conducted research showing that uncertainty around trade can have a negative impact on the economy and hold back growth.
Google will be prohibited from displaying its own related services in search results in preference to similar services from other companies.
Vietnam, which runs a $123.5 billion trade surplus with the United States, is a prime target.
Bullion touched an all-time high of $3,148.88 on Tuesday.
Equities have been battered leading up to the US president's announcement -- which he has dubbed "Liberation Day" -- with warnings that friend and foe are in the crosshairs after what he says is years of "ripping off" the United States.
Gross domestic product expanded 1.1 percent in 2024, up from an initial estimate of 0.9 percent, the Office for National Statistics (ONS) said in a statement.
While the implementation of the tariffs had been anticipated for weeks, their details surprised manufacturers and experts as the levies will not only apply to imports of finished vehicles but parts as well.
Mother vessels can no longer berth directly at Payra
For more than half a century, the dollar has defied the doom-mongers. And the most likely prospect is that it will continue to do so
