Trump unleashes tariff war, sparks worry

United States President Donald Trump had imposed 25 per cent tariff on all imports from Mexico and Canada, and 10 per cent more on Chinese imports through executive orders by...

Wall Street nosedives as Trump’s tariffs hit stock markets globally

Worries about President Donald Trump’s tariffs are hurting US stocks on Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in...

Key US inflation measure posts largest monthly gain since April

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting...

US economy resilient despite moderation in growth

US economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years,...

European stock markets jump to record peak as tech jitters abate

European shares climbed to a record high on Tuesday with retail and utilities stocks leading the broader gains, as selling pressures ebbed a day after the Chinese AI startup DeepSeek...

Federal Reserve to hold rates steady at an unsteady moment

US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by...

Trump's economy

Gold set for fourth straight weekly gain

Gold prices hit their highest level since October on Friday and headed for a fourth straight week of gains, steered by US President Donald Trump’s calls to lower interest rates...

Global stocks steady, dollar dips as investors await Trump’s next move

Global stocks steadied on Thursday, as a rally fuelled by Donald Trump’s spending plans for artificial intelligence infrastructure fizzled out and caution set in over what the new US president’s...

Ford to recall over 270,000 US vehicles over battery failure

Ford Motor is recalling 272,817 vehicles in the United States on concerns over battery failure, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.The recall affects certain 2021-2023 Bronco...