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Treasury Secretary Bessent says ‘we have the makings of a deal’ with China
Treasury Secretary Scott Bessent on Thursday expressed confidence that the U.S. and China are on the way to trade pact as a key tariff deadline nears."I believe that we have the…
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EU-U.S. trade deal dented euro strength. Strategists say it may not last
The euro has tumbled more than 2% against the U.S. dollar since the European Union struck a framework trade deal with the White House over the weekend, raising questions over…
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Trump announces trade deal with South Korea, setting tariffs at 15%
File photo: US President Donald Trump gestures during a joint press conference in South Korea.Afp Contributor | Afp | Getty ImagesU.S. President Donald Trump on Wednesday…
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Trump sets 25% tariff for India plus ‘penalty’ for Russia trade
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in…
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Why UK bank launch is taking so long
Key PointsRevolut was granted a banking license with restrictions in July 2024 from the U.K.'s Prudential Regulation Authority (PRA).A year on, the fintech giant is still in a…
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European stocks STOXX 600, FTSE 100, DAX and CAC 40 set to open higher as
L'Oreal warns the EU-U.S. trade deal would be costlyL'Oreal missed second-quarter sales forecasts, posting a 2.4% increase, as growth in Europe slowed more than expected. The…
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Australia CPI, MAS policy statement
Opening callsHappy mid-week from Singapore. Asia markets are poised for a lower open.Futures for Hong Kong's Hang Seng Index stood at 25,344, pointing to a weaker open compared…
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Merck (MRK) earnings report Q2 2025
Merck & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, April 8, 2025. Michael Nagle | Bloomberg | Getty ImagesMerck on Tuesday…
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Novo Nordisk shares plunge after Wegovy-maker cuts full-year guidance
Medical bottles and a syringe are seen with the Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesDanish pharmaceutical giant Novo…
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Asia markets live: Federal Reserve, Australia CPI
India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report showsIndia has overtaken China to become the top exporter of smartphones to the U.S.,…
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