Trump says U.S. will retain control in $14 billion U.S. Steel–Nippon deal
Despite partial foreign ownership, former president insists U.S. oversight remains intact as Nippon Steel commits to major investment and job creation.
Indonesia unlocks $4.84 billion in banking liquidity with reserve cut
Bank Indonesia slashes secondary reserve requirement to 4% and raises foreign funding cap to spur economic growth and loan expansion
India’s Supreme Court halts liquidation of Bhushan Power, giving JSW Steel room to appeal takeover block
The top court pauses NCLT proceedings as JSW Steel and creditors prepare review petition after $2.3 billion acquisition was nullified
Apple-linked Chinese stocks slump after Trump’s new iPhone tariff threat
Fresh U.S. tariff warnings targeting imported iPhones spook investors, hitting major Chinese Apple suppliers as production shift plans to India accelerate
Trump Media to raise $3 billion to spend on cryptocurrencies
The company aims to secure $2 billion in new equity funding and $1 billion through a convertible bond.
Euro hits one-month high after Trump delays EU tariffs
Euro reaches $1.1418, its highest since April 29, before easing to $1.1375, while Sterling climbs to $1.356, its strongest since Feb 2022
Putin says services like Microsoft, Zoom should be ‘throttled’ in Russia
Putin says it was important for Russia to develop domestic software solutions
France and Vietnam sign $10 billion in deals during Macron’s visit
Macron highlights stronger France-Vietnam ties, including defence and space cooperation
Lagarde says euro could become the dollar’s alternative
Euro must earn global influence, with the dollar still holding 58% of reserves versus the euro's 20%, says European Central Bank President
Russia’s Economic Minister expects central bank to factor inflation slowdown into decisions
Central bank keeps key rate at 21% since October amid inflation concerns
Alibaba’s Taobao Instant Commerce hits 40 million daily orders in first month
The service integrates merchants from Alibaba’s food delivery unit, Ele.me, into its main domestic shopping app, Taobao
Chinese EV price war deepens as BYD cuts Seagull price to under $8,000
CEO of Great Wall Motor issues a stark warning about the financial health of China’s auto industry
Global central bankers meet in tokyo to address inflation and growth challenges
The gathering comes as many central banks are split between raising and cutting interest rates
Tanks over T-shirts: Trump outlines new manufacturing vision
Trump reiterates commitment to tariffs, prioritizes tech and defence over textiles
Bangladesh cancels $21 million defence deal with India amid rising tensions
Dhaka cancels deal with India's state-run Garden Reach Shipbuilders and Engineers Ltd for the construction of an ocean-going tugboat for its Navy