In India, Trump’s tariffs spark calls to boycott American brandsÂ
Modi supporters call for boycott of foreign brands; Swadeshi Jagran Manch, linked to BJP, leads rallies urging boycott of American goodsÂ
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says
Agreement applies to advanced AI chips like Nvidia's H20; company follows rules set by US government, Nvidia spokesperson saysÂ
Dollar steady before inflation report, US-China tariff deadline
US and China seek to close a deal that will avoid imposing triple-digit tariffs on each other's goods; bitcoin rises 0.7% to $119,154
Gold slips as easing geopolitical tensions weigh; US inflation data in focus
US gold futures for December delivery drop 1.5% to $3,439.70 as cooling geopolitical tensions surrounding the war in Ukraine see the yellow metal fallÂ
Oil prices fall as market eyes US-Russia talks on Ukraine
Brent crude futures drop 0.78% to $66.07, while US WTI crude falls 58 cents to $63.30; expectations rise for a potential end to sanctions on Russian oil supply to international markets
Egypt’s urban consumer price inflation falls to 13.9% in July from 14.9% in June
Monthly urban inflation edges down 0.5% as meat, fruits, and vegetables prices drop amid IMF-backed financial support
US clears Nvidia to resume H20 chip exports to China after lifting ban
Licenses mark key win for AI giant in recovering access to critical semiconductor market
Tense phone call between Trump and Modi over May ceasefire marks turning point in US-India ties: report
Irked by Field Marshal Asim Munir’s lunch at White House, Modi turned down an invitation to stop by Washington on his way back from G7 summit in June; rift deepened with 50% Trump tariff on Indian exports
Trump tariffs on Russia’s oil buyers bring economic, political risks
Tariffs could strain US-India-China relations; Potential oil market disruptions could spike global prices
Indian textiles, jewellery at risk of 50% Trump tariffs; pharma, phones exempt
Textile industry is already receiving panic-stricken calls from customers after Trump announced the additional 25% tariff
India pauses plans to buy US arms after Trump’s tariffs
India pausing talks to purchase Stryker combat vehicles, Javelin missiles and some Boeing planes amid tariff dispute
Moody’s warns US tariffs may hurt India’s manufacturing push, slow growth
Wider tariff gap compared with other Asia-Pacific countries would severely curtail India's ambitions to develop its manufacturing sector, says rating agencyÂ
Oil set for steepest weekly losses since June as tariffs cloud demand outlook
Brent crude futures drop 3 cents to $66.40, on track for a decline of more than 4% week-on-week; US WTI crude falls 6 cents to $63.82 a barrel, marking a 5% weekly drop
Gold futures hit record high after report of US tariffs on gold bars
US gold futures jump to an all-time high of $3,534.10; Spot gold on track for second consecutive weekly gain, up 0.7%
Maersk raises 2025 earnings forecast amid robust demand outside the U.S. despite tariff uncertainty
Shipping giant Maersk expects core profits of $8bn to $9.5bn, warns of uncertain global demand due to tariff impacts