EU-U.S. tariff deal lifts European earnings outlook, easing trade war fears
Forecasts for Q2 profit growth rise to 3.1% after EU trade agreement, but firms still brace for fallout from Trump’s wider tariff push
U.S. trade deficit narrows sharply as China gap hits 21-year low amid Trump’s sweeping tariffs
Imports plunge, services sector softens, and inflation concerns rise as tariffs reshape global trade and domestic business planning
Japan clinches $6.5bn warship deal with Australia in historic defence export
Tokyo's Mitsubishi Heavy Industries to build frigates under landmark agreement, marking Japan’s biggest arms export since lifting military ban
U.S. trade deficit narrows by 16% in June as imports decline
The drop in imports, including consumer goods, reflects the impact of President Trump's tariffs on trading partners
Abu Dhabi’s MGX plans to raise up to $25 billion to boost AI investments
MGX explores raising capital from strategic investors to expand its artificial intelligence portfolio, with Mubadala and G42 as key backers
EU goods face 15% tariff in U.S., with exceptions for select products
EU official clarifies that 15% tariff includes all goods except steel, aluminium, pharmaceuticals, and semiconductors
Saudi Aramco reports lower Q2 revenues, forecasts higher oil demand in second half of 2025
Despite a dip in crude prices, Aramco anticipates stronger demand in the second half, supported by higher output and refining performance
US could require up to $15,000 bonds for some tourist, business visas under pilot program
Pilot program targets countries with high visa overstay rates, bond amounts range from $5,000 to $15,000
Dollar weakens as rate cut odds rise, tariff uncertainties linger
Traders now pricing in 94% chance of a rate cut in September; Investors wary of tariff impact
Oil little changed after hitting one-week low, oversupply concerns linger
Brent crude futures remain unchanged at $68.76 while WTI crude hovers at $66.27 a barrel, down 2 cents, or 0.03%
Shares in Asia rally, dollar lower against yen on Fed rate cut bets
US earnings boost market sentiment, tech stocks surge; Euro Stoxx 50 futures rise 0.2%, DAX futures up 0.3%
Trump to raise tariffs on Indian goods over Russian oil purchases
US President Donald Trump announces substantial tariff hikes on India in response to Russian oil imports
U.S. tariffs on South Africa could cost 100,000 jobs, as trade tensions rise
South Africa faces a 30% tariff from the U.S. on key exports, with the agriculture and automotive sectors hit hardest, while negotiations with the U.S. continue
Ant Group to exit Paytm with $433.72 million stake sale
Ant Group will sell its remaining 5.84% stake in Paytm, with block deals expected to raise 38 billion rupees
Top Trump aide accuses India of financing Russia’s war in Ukraine
India faces 25% tariff as a result of its purchase of military equipment and energy from Russia; Deputy Chief of Staff at the White House Stephen Miller says Delhi is basically tied with Beijing in purchasing oil from Moscow