America

America

US urges China to keep Iran from shutting key trade route

US Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites.

1d ago

Weak dollar cushions Europe from potential oil price shock

While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the blow considerably for countries outside America.

5d ago

Trump's national security advisor Waltz leaving post: US media

Waltz had been under pressure since the editor-in-chief of the Atlantic Magazine revealed in March that Waltz had mistakenly added him to a chat on the commercial messaging app Signal about attacks on Huthi rebels

1m ago

IMF reaches agreement with Sri Lanka on $344m

The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country’s economic reforms.

1m ago

Global uncertainty will ‘certainly’ hit growth

The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in Washington.

2m ago

Dollar wins reprieve from selling

The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.

2m ago

Vietnam to buy more US goods as it seeks tariff delay

Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.

2m ago

Over 50 countries sought talks with Trump over tariffs

More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for fallout.

2m ago

US urges China to keep Iran from shutting key trade route

US Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites.

1d ago

Weak dollar cushions Europe from potential oil price shock

While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the blow considerably for countries outside America.

5d ago

Trump's national security advisor Waltz leaving post: US media

Waltz had been under pressure since the editor-in-chief of the Atlantic Magazine revealed in March that Waltz had mistakenly added him to a chat on the commercial messaging app Signal about attacks on Huthi rebels

1m ago

IMF reaches agreement with Sri Lanka on $344m

The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country’s economic reforms.

1m ago

Global uncertainty will ‘certainly’ hit growth

The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in Washington.

2m ago

Dollar wins reprieve from selling

The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.

2m ago

Vietnam to buy more US goods as it seeks tariff delay

Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.

2m ago

Over 50 countries sought talks with Trump over tariffs

More than 50 countries have sought talks with President Donald Trump in a scramble to ease punishing tariffs on exports to the United States, the White House said Sunday, as trade partners braced for fallout.

2m ago

Fed likely to keep rates steady

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.

3m ago

US tariff tantrum threatens pricing progress

Reading the latest US inflation report is like flicking through old vacation photos: it looks nice, but the experience was only temporary.

3m ago