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China's sea cargo flow slows after Trump's reciprocal tariffs take effect

China's ports handled 244 million tonnes of cargo last week, 10 per cent less than a week earlier and down 4 per cent from the same week in 2024, according to Ministry of Transport data

India planning to bring 300 million new users onto UPI payments platform

The home-grown payments platform has in the past five years transformed how more than 450 million retail consumers pay for everything from holidays to a cup of tea using their smartphones

Big Tech leads global stocks rally after Trump reciprocal tariff pause

The S&P 500 Index climbed 1.5 per cent as of 9.33 am in New York, while the technology-heavy Nasdaq 100 Index jumped 1.9 per cent

Trump considers exemptions to 25% auto parts tariffs for US carmakers

Trump imposed a 25% tariff on fully built vehicles, with duties on parts set to take effect no later than May 3. His tariffs on Canada and Mexico already contain a carveout

Trump tariffs to impact millions of Chinese workers in a blow to economy

Trump's 145% tariffs on China's goods are threatening to obliterate its access to the world's biggest economy, with Goldman Sachs estimating that up to 20 mn people may be exposed to US-bound exports

Oil is cheap but still not a bargain as risks loom over market outlook

Oil has dropped 20% to a four-year low since Trump took office-but that still doesn't make it a bargain

London property to be worst hit from Trump's tariff war: Rightmove

London values, which have barely grown over the past year, are now exposed to the fallout from Trump's sweeping tariff announcements since April 2

AI weather models promise super granular, specialist, hyper-local forecasts

The need for more granular forecasts is becoming more pressing as climate change increases the odds of extreme weather, and AI is poised to offer a cost-effective way to provide them

Will China weaponise $760 bn treasury holdings amid tariff tensions with US

Beijing doesn't even need to sell that many US bonds to perpetuate a bear narrative

IPL betting boom strains Indian banks as UPI handles trillions in flows

The frenzy of real-time IPL betting is testing the limits of India's UPI network, as banks struggle to manage surging digital transactions and prevent payment failures

Trump tariffs: Here's why US President ignoring services is a small mercy

Services account for more than one-fifth of global export earnings and show little sign of slowing down. The US runs a surplus in this arena, which could account for Washington's lack of attention

Apple escapes crisis as Trump pauses tariffs on 'made-in-China' devices

While a new, lower so-called sectoral tariff may still come on goods that have semiconductors - and a 20% tariff on China remains - the change marks a win for Apple

Tariff pause on electronics for brief period, says Howard Lutnick

Lutnick comments indicate that the exemptions, published in a US Customs and Border Protection document late Friday, were made to shift those products ultimately to a different levy

US tariff break a 'small step' in fixing wrongdoings, says Beijing

President Donald Trump's administration excluded smartphones, computers and other electronics from the increased import duties on Friday

G-7 central banks prepare first policy responses to Trump tariffs chaos

Against a backdrop of rising Treasury yields, weaker dollar and slumping stocks tied to US trade policy, investors will be seeking clues from Fed policymakers on their appetite for lower interest rate

Apple narrowly escapes major crisis after Trump grants tariff exemption

Donald Trump's 125% tariffs on Chinese goods threatened Apple's supply chain as severely as Covid disruptions. But on Friday, the US president gave Apple relief by exempting key consumer electronics

Apple makes $22 billion worth of iPhones in India as it shifts from China

The ramp-up suggests the iPhone maker and its suppliers are accelerating a pivot to India from China, a process it began when harsh Covid lockdowns hurt production at Apple's largest plant

US lawyer refuses to disclose fate of wrongly deported Maryland man

Immigration officials arrested Abrego Garcia on March 12 and accused him of playing a "prominent role" in MS-13, though he hasn't been convicted of a crime or charged with one

Trump floats possible exceptions to 10% baseline tariff amid trade turmoil

Trump's comments capped a tumultuous week for equity and bond markets and threaten to inject more uncertainty for countries, investors and businesses grappling with his trade policies

Trump tariffs aimed at 'America First' are making China great again

For now, Asian nations are falling in line to negotiate their way out of his tariffs. In the long term, they'll work toward strengthening cooperation with each other