अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने बुधवार को वैश्विक व्यापार मोर्चे पर आक्रामक रुख अपनाते हुए पहले 7 देशों पर भारी टैरिफ लगाने की घोषणा की. इसके बाद उन्होंने ब्राजील पर भी टैरिफ बम फोड़ा और सीधे 50 प्रतिशत आयात शुल्क लगाने की घोषणा की. इससे पहले उन्होंने अल्जीरिया, इराक, लीबिया, श्रीलंका (30%), ब्रुनेई, मोल्दोवा (25%) … Read more
World leaders from the biggest economies are meeting for a high-stakes Group of Seven (G7) summit amid conflicts across the globe. The event is taking place in Kananaskis, Alberta, and is being hosted by Canadian Prime Minister Mark Carney. The summit is likely to be overshadowed by an escalating Israel-Iran conflict and US President Donald … Read more
Asian shares were off to a tepid start at the open Tuesday after a rebound in big tech drove US stocks higher. A regional stock index swung between small gains and losses while equity-index futures for the US dipped 0.2%. Bonds were steady in early Asian trading and the dollar was little changed after hitting … Read more
Donald Trump relished his favorite versions of tacos during his first presidential term. “The best taco bowls are made in Trump Tower Grill,” he tweeted in early 2016, sharing a photo of himself chowing down on a large serving at his desk. “I love Hispanics!” These days, tacos aren’t Trump’s thing. More precisely, the version … Read more
“Clearly, US corporates are looking at global alternate, supply chains are getting created, and multiple countries whether it is India, Indonesia, Vietnam, South America whichever company or whichever corporates will have their own strengths, they will get their share of business, so that is a mega trend that we are going to witness over the … Read more
China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total overseas holdings rose $233.1 billion, to $9.05 trillion, Treasury Department … Read more
The way President Donald Trump sees it, beating China in a trade war should be easy. After all, his logic goes, the Chinese sell Americans three times as much stuff as Americans sell them. Therefore, they have more to lose. Inflict enough pain, like the combined 145% taxes he slapped on Chinese imports last month, … Read more
“The market construct looks quite positive. But I do not think we are out of the woods yet. My concern would be how the economy shapes up globally and for India over the next 12 months we still think there are headwinds to corporate earnings and the risk premium which actually has not really flared … Read more
After a lot of back-and-forth action, Trump‘s tariff dampener that iced up world trade — and especially all trade between the US and China — may finally have shown signs of a thaw on some critical frontiers, Goldman Sachs Group has noted.China, the leading producer of plastics globally, may consider exempting imports of petrochemical feedstocks … Read more
China’s export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain. China is the world’s largest producer of antimony, germanium and gallium, which have niche but vital roles in clean energy, chipmaking … Read more