Setback for Trump’s G2? China tightens export controls against US rare-earth firms
Beijing justified the measures as a response to what it described as the Trump administration's "malicious practice" of imposing restrictions on Chinese companies...
Tag : Donald Trump
Fed keeps rates unchanged, Warsh to review central bank’s “working pattern”
With inflation running at an above-target 3.8% and uncertainty surrounding the Iran deal, Fed's rate-setting committee unanimously decided to keep rates steady...
US-Iran peace deal: Shipping industry remains cautious on Hormuz front
The Strait of Hormuz blockade severely disrupted cargo movement across the Middle East, with many vessels being unable to enter or leave the Gulf...
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...
Gold edges higher on Iran-US peace deal, all eyes on Fed now
Traders have scaled back expectations for a Fed rate hike in December 2026 to 57% from last week's 70%, after the conclusion of the preliminary Iran peace deal...
Oil plunges new low amid US-Iran “peace deal,” investors remain cautious
The global energy market has lost millions of barrels of oil and gas supply due to the Iran war, as Middle East's energy facilities came under attack...
Trump’s war, tariffs squeeze American wallets
President Donald Trump's dual strategy of striking Iran and imposing tariffs globally has triggered a severe economic crisis...
Trump-Xi summit: China to buy USD 17 billion agricultural goods from US
The latest deal came along with Beijing's commitment to buy at least 87 million metric tonnes of American soya beans, which was made in October 2025...
The demise of Spirit Airlines: All you need to know
Spirit Airlines built its brand around affordable fares for budget-conscious travellers, while shunning add-ons like checked bags and seat assignments...
USD 2.04 billion investment to modernise America’s rail network
Rail trespassing alone kills hundreds of Americans every year...