World Business NewsUS ends tariff exemptions on low-value parcels, e-commerce and small businesses face higher costs
US Customs and Border Protection agency collecting duty on all package shipments valued under $800; More than 25 foreign postal services suspend US shipments
Aug 30, 2025
World Business NewsUS dollar slides on Fed rate cut bets, set for 2% monthly drop
Investors await inflation data amid Trump-Fed legal battle and concerns over central bank independence
Aug 29, 2025
HeadlinesPakistan evacuates a million people as farming belt hit by worst floods in decades
Worst floodwaters in 39 years affect 1,400 villages in Punjab; officials warn India’s dam water release worsens situation
Aug 29, 2025
World Business NewsFord recalls nearly 500,000 vehicles over brake fluid leak
Company says it has not received any reports of accidents or injuries linked to the issue
Aug 29, 2025
World Business NewsOil prices fall on demand concerns, but headed for weekly gain
US fuel demand expected to ease after Labor Day; Russian supply uncertainty affects market; Russian oil exports to India set to rise despite US pressure
Aug 29, 2025
World Business NewsIndia saved $17 billion with Russian oil imports; Trump’s new tariffs could slash exports by $37 billion, say analysts
Labour-heavy sectors like textiles, gems, and jewellery face major job losses; New Delhi opens to buying more US energy but won’t abandon Russia entirely, say sources
Aug 28, 2025
World Business NewsOil slips as US fuel demand outlook weakens, India faces tariffs over Russian crude imports
Brent crude futures drop 31 cents, or 0.46%, to $67.74; West Texas Intermediate futures slip 36 cents, or 0.56%, to $63.79, after climbing more than 1% in the previous session
Aug 28, 2025
World Business NewsTrump’s 50% tariff hike on Indian goods takes effect, straining US-India ties
A 25% tariff, imposed in response to India's Russian oil purchases, adds to an existing 25% levy, further escalating trade tensions
Aug 28, 2025
World Business NewsAsia stocks steady ahead of Nvidia; investors wary over Fed independence
Fed independence under threat, leads Treasury yields to steepen; Dollar under pressure on rate-cut wagers
Aug 27, 2025
World Business NewsGold eases as dollar firms, but Fed turmoil limits losses
Spot gold drops 0.2% at $3,384.49 per ounce; US gold futures for December delivery stay flat at $3,434.20
Aug 27, 2025
HeadlinesPakistan on 'exceptionally high' flooding alert, says India released water from dam
'Next 48 hours will be critical,' says provincial official; Areas evacuated are in Pakistan's agricultural heartland
Aug 27, 2025
World Business NewsDollar weak as investors fret about Fed independence
Fed Governor Cook to file lawsuit to prevent Trump from firing her
Aug 27, 2025