Bloomberg

Trump bought $51 mn bonds for personal investments tied to policy-hit firms

In August, Trump reported 690 transactions he'd made since returning to the White House in January 2025, totalling at least $104 million

Proposed 'Trump-class' warship may be among costliest military vessels

The guided-missile battleship would be twice as large as any cruiser or destroyer the Navy has built since World War II, but about one-third the size of the Gerald R Ford aircraft carrier

Infosys rally lifts mood, but is worst over for Indian outsourcing firms?

The upbeat forecast for Infosys may have briefly lifted sentiment, but strained India-US ties and tougher immigration rules in its biggest market could pose fresh challenges ahead

Walmart's CEO of international business Kathryn McLay to leave company

She will remain in her role until the end of the month and stay at Walmart through the first quarter 'to help ensure a smooth transition'

US to close Qatar camp that housed Afghans who fled their country in 2021

The decision marks the latest move by President Donald Trump's administration targeting Afghans who migrated to the US or are seeking to do so, part of a broader immigration crackdown

'Don't play games' with Trump: US warns Cuba's leaders after Venezuela raid

The Special Forces raid that captured Venezuelan President Nicolas Maduro in Caracas earlier this month should make Havana take US threats seriously, Jeremy Lewin, a State Department official said

Goldman Sachs plans bond sale of at least $12 billion after Q4 results

Wells Fargo & Co. and Morgan Stanley are also tapping the high-grade bond market, a day after JPMorgan Chase & Co. kicked off the sector's latest round of note sales with a $6 billion transaction

Oil slides over 4% as Trump signals US response to Iran is on hold

Oil has pushed higher in the new year as turmoil in OPEC's fourth-largest producer, along with upheaval in Venezuela, added geopolitical risk to prices

Trump warns of invoking Insurrection Act as Minnesota protests grow

The 1807 law allows the president to use regular military troops on US soil for domestic law enforcement. It was last invoked during the 1992 riots in Los Angeles

India's Russian oil imports likely to dip again, stranding cargoes at sea

The country imported about 1.3 million barrels a day of Russian crude in December, according to data from ship-tracking firms Vortexa Ltd. and Kpler

World leaders turn to China as Trump's tariffs reshape global diplomacy

With Xi, 72, traveling abroad less - he skipped the recent G-20 leaders' summit in South Africa, for example - the impetus is on foreign leaders to subscribe to his home-court diplomacy

China seeks assurances over loans to Venezuela after Maduro's capture

While state-owned China National Petroleum Corp. holds stakes in three joint ventures producing heavy crude in the Orinoco Belt and one in Zulia state, production is limited and uneven

Scientists confirm 2025 as 3rd hottest year on record despite cooling phase

Because worldwide emissions continue to rise, the past 11 years have all been among the 11 hottest, and the hottest 25 years have all occurred since 1998

Trump holds off new tariffs on critical minerals after security review

The president is floating price floors on imports - not just traditional percentage-based tariffs - to develop the supply chains for those materials that run through US-aligned nations

World Bank boosts outlook as global economy shows 'notable' resilience

Real gross domestic product is now projected to rise by 2.6 per cent in 2026, up from a June forecast of 2.4 per cent, the Washington-based lender said in a report Tuesday

Trump's proposed credit card interest cap would hit $70 bn market for debt

Credit card debt has already declined as a share of the overall ABS market, making up 9 per cent of total issuance compared with 36 per cent at its peak in 2009, according to data from Morgan Stanley

Taiwan issues arrest warrant for OnePlus CEO in latest step to block China

Efforts to prevent the poaching of Taiwan's talent and outflow of intellectual property appear to have intensified since President Lai Ching-te took office in 2024

Netflix weighs amending deal with Warner Bros to make it all cash bid

Netflix lined up $59 billion of financing from Wall Street banks to help support its acquisition, in the form of one of the largest ever bridge loans

China's 2025 trade surplus hits record $1.2 trillion despite Trump tariffs

Despite a global backlash, Chinese companies aggressively sought out customers in other markets when shipments to the US plunged after President Donald Trump hiked tariffs

Elon Musk's Starlink goes free in Iran as internet blackout continues

Unrest across Iran has sharply intensified over the past week, drawing hundreds of thousands to the streets who are calling for the downfall of Supreme Leader Ayatollah Ali Khamenei