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Bloomberg

Bloomberg

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Trump calls US-Japan car trade unfair, floats keeping 25% tariffs

'So we give Japan no cars. They won't take our cars, right? And yet we take millions and millions of their cars into the United States. It's not fair,' Trump said

Trump calls US-Japan car trade unfair, floats keeping 25% tariffs
Updated On : 30 Jun 2025 | 11:31 AM IST

Russia tries again to boost LNG exports stalled by US sanctions last year

Russia has the pieces in place to meaningfully boost LNG exports as it expands its shadow fleet

Russia tries again to boost LNG exports stalled by US sanctions last year
Updated On : 30 Jun 2025 | 9:51 AM IST

Trump's tariffs and tax policies test assumptions on US dollar, markets

As foreseen: swings in sovereign bond markets have been sharp, the Japanese yen rallied, and a comeback for emerging markets is finally materialising

Trump's tariffs and tax policies test assumptions on US dollar, markets
Updated On : 30 Jun 2025 | 9:46 AM IST

China's scorching July heatwave to strain power grid as demand surges

Key rice growing areas will also bake in the heat, threatening to damage the crop during a crucial development stage and risking lower output in one of the country's top-producing regions

China's scorching July heatwave to strain power grid as demand surges
Updated On : 30 Jun 2025 | 9:33 AM IST

Starmer moves to quell Labour mutiny ahead of key welfare policy vote

After a U-turn on disability benefit cuts, Starmer will spend Monday urging Labour MPs to support a revised plan ahead of a crucial vote that could test his authority within the party

Starmer moves to quell Labour mutiny ahead of key welfare policy vote
Updated On : 30 Jun 2025 | 9:14 AM IST

Powell, Lagarde weigh Trump's impact as global policy risks deepen

Such a trade-off is faced by all the central bank chiefs who will speak on the panel in the hilltop resort of Sintra

Powell, Lagarde weigh Trump's impact as global policy risks deepen
Updated On : 29 Jun 2025 | 11:23 PM IST

Trump says he doesn't expect to extend July 9 trade tariff deadline

"I don't think I'll need to," he said in an interview on Fox News's Sunday Morning Futures with Maria Bartiromo that was taped Friday. He then added, "I could, no big deal."

Trump says he doesn't expect to extend July 9 trade tariff deadline
Updated On : 29 Jun 2025 | 9:30 PM IST

Indian trade team stays longer in US to finalise deal before Jul 9 deadline

US President Donald Trump last week said "a very big" deal with India was likely soon amid hardening stance of both the nations

Indian trade team stays longer in US to finalise deal before Jul 9 deadline
Updated On : 29 Jun 2025 | 5:51 PM IST

US, G7 allies agree on tax framework, scrap 'discriminatory' clause

Officials from the G7 said they look forward to coming up with a solution that is "acceptable and implementable to all," according to the statement

US, G7 allies agree on tax framework, scrap 'discriminatory' clause
Updated On : 29 Jun 2025 | 12:14 AM IST

Warren Buffett to donate $6 billion in Berkshire shares to charities

About 9.43 million Class B shares will be given to the Bill & Melinda Gates Foundation Trust, according to a statement on Saturday

Warren Buffett to donate $6 billion in Berkshire shares to charities
Updated On : 28 Jun 2025 | 11:58 AM IST

Ford forced to idle multiple US plants on China rare earth magnet shortage

Rare earths have become a flashpoint in US-China trade talks, with China using its dominance in these key materials-vital to cars, iPhones and more-as leverage in negotiations

Ford forced to idle multiple US plants on China rare earth magnet shortage
Updated On : 28 Jun 2025 | 9:40 AM IST

Nvidia nears $4 trillion valuation, reclaims spot as most valuable firm

With a broadening customer base clamoring for Nvidia's latest AI accelerators and competitors still distant, bulls are betting the chipmaker's shares have plenty of room to run

Nvidia nears $4 trillion valuation, reclaims spot as most valuable firm
Updated On : 28 Jun 2025 | 9:34 AM IST

US appeals against court order allowing Harvard to admit foreign students

US Judge blocks Trump's June 4 order barring international students from entering the US to attend Harvard, issuing a preliminary injunction against the policy

US appeals against court order allowing Harvard to admit foreign students
Updated On : 28 Jun 2025 | 8:43 AM IST

Dropped plans to ease Iran sanctions after Khamenei's harsh remarks: Trump

While Trump has been urging Iran to return to the table to resume nuclear talks, it is unclear if the administration was taking any steps to ease legal curbs on the Islamic Republic

Dropped plans to ease Iran sanctions after Khamenei's harsh remarks: Trump
Updated On : 28 Jun 2025 | 8:37 AM IST

Trump slams Powell, says he'll pick a Fed chair who wants to cut rates

Trump has unleashed a pressure campaign on the central bank to cut rates, repeatedly assailing Powell and arguing the Fed's policies are keeping government borrowing costs too high

Trump slams Powell, says he'll pick a Fed chair who wants to cut rates
Updated On : 28 Jun 2025 | 7:51 AM IST

Germany orders Apple, Google to remove Deepseek app over data concerns

The German move follows a similar step by Italy's privacy regulator in January. In the US, authorities have concluded that DeepSeek gave support to the Chinese military and intelligence efforts

Germany orders Apple, Google to remove Deepseek app over data concerns
Updated On : 28 Jun 2025 | 12:40 AM IST

Trump warns of July 9 tariff hike as Treasury Chief Bessent hints delay

Asked if the mid-July deadline was set in stone, Trump suggested he could even shorten the timeline for trading partners seeking deals

Trump warns of July 9 tariff hike as Treasury Chief Bessent hints delay
Updated On : 27 Jun 2025 | 11:26 PM IST

India faces rice storage crisis as another record harvest likely this year

Inventories totaled almost 39 million tonnes this month, according to the state-owned Food Corporation of India

India faces rice storage crisis as another record harvest likely this year
Updated On : 27 Jun 2025 | 2:07 PM IST

Donald Trump's anti-Harvard campaign fuels interest in UK universities

An influx of US students would benefit UK universities, which have struggled financially due to stagnant domestic tuition fees and lower-than-expected international student enrolment

Donald Trump's anti-Harvard campaign fuels interest in UK universities
Updated On : 27 Jun 2025 | 10:27 AM IST

Masayoshi Son prepares to pick successor from within SoftBank Group

The 67-year-old has several candidates in mind, but won't make an announcement until the last minute, Son said during a general shareholders' meeting in Tokyo

Masayoshi Son prepares to pick successor from within SoftBank Group
Updated On : 27 Jun 2025 | 9:16 AM IST