US warns of higher tariffs on India if Trump-Putin talks fail
Washington may increase sanctions over Russian oil imports as 50% tariff on India takes effect on August 27
Oil maintains gains ahead of Trump-Putin summit
All eyes are on Friday's Trump-Putin meeting in Alaska where a ceasefire in the Ukraine war is at the top of the agenda
U.S. producer prices post biggest gain in three years, stoking inflation concerns
July surge in goods and services costs complicates Fed’s rate-cut outlook amid tariff pressures
WhatsApp accuses Russia of restricting calls to tighten internet control
Moscow promotes state-run messaging app MAX as foreign platforms face new curbs
JD.com beats quarterly revenue estimates on subsidies and discounts despite profit drop
Chinese e-commerce giant sees 22.4% sales growth, but analysts warn of tough comparisons ahead as state-backed stimulus fades
US eyes Pakistan’s mineral wealth, hydrocarbons in fresh push for economic cooperation
Secretary of State Rubio’s Independence Day message highlights trade ties and investment prospects in Balochistan mining projects
India’s trade deficit widens to $27.35bn in July on surging imports
Exports rise ahead of U.S. tariffs, but import growth outpaces gains
S&P upgrades India’s sovereign rating amid strong growth and fiscal reforms
The rating upgrade reflects India’s resilient economy and fiscal commitment, despite external challenges such as U.S. tariff threats
Russian rouble weakens towards 80 to the dollar amid uncertainty over U.S.-Russia talks
Currency faces volatility ahead of U.S.-Russia summit as reduced FX interventions and export revenue decline take a toll
Saudi Arabia’s PIF writes down $8 billion on gigaprojects amid challenges
Public Investment Fund reduces value of NEOM, other projects by 12% due to cost overruns and delays
India’s trade deficit widens sharply in July amid surge in imports
Merchandise exports rise, but import surge and U.S. tariffs push trade deficit to $27.35 billion
San Francisco Fed chief opposes urgent 50bps rate cut
Mary Daly urges gradual approach despite softening job market and inflation pressures
Gold extends rise on Fed rate-cut hopes, softer dollar
Dollar hovers near multi-week lows, Focus on US PPI, jobless claims data; Palladium up more than 1%
Bitcoin hits fresh record as Fed easing bets add to tailwinds
Crypto market capitalisation soars to $4.18 trillion, up from $2.5 trillion in November 2024, according to CoinMarketCap data
Oil climbs on supply risks; weak fundamentals weigh
Brent and WTI up 0.4%, after hitting two-month low in previous session