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Elon Musk eyes Social Security and Medicare as key targets for cuts

During the 2024 campaign, Trump repeatedly promised that he would not cut Social Security payments or health coverage from Medicare

Asian shares fall for third consecutive session, tracking US losses

Equity-index futures for the S&P 500 and the tech-heavy Nasdaq 100 slipped in early Asian trading, extending a decline on Monday as Wall Street tempered bullish views

Elon Musk's Tesla is flailing in China and BYD's rapid rise is to blame

Elon Musk's automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country's Passenger Car Association

Ex-banker Carney wins Canada's liberal contest, to succeed Trudeau in days

Carney, 59, takes the reins at a time when the White House is creating upheaval in the global economy - and with US trading partners - with increasingly chaotic tariff announcements

Fitch cuts Adani Energy's outlook to negative, cites US probe risks

The US indictment may lead to negative rating action in the near to medium term for Adani Energy

Emerging Asian currencies dip with stocks as investors avoid risk

Risk aversion picked up across financial markets on Monday, with investors buying gold, the yen and the Swiss franc due to concerns the period of US economic strength may be ending

MSRDC secures $2.5 bn funding commitments for Mumbai's ring road project

The new road, part of an ambitious infrastructure makeover of the world's densest metropolitan region, is intended to reduce traffic congestion near Mumbai and improve road quality

Trump's chaos a gift to Xi Jinping, says Ex-Australian PM Malcolm Turnbull

Malcolm Turnbull, who led Australia from 2015 until 2018, said the world is seeing a more undiluted version of Donald Trump in his second term in office

US to speed up weapons shipments to Taiwan amid concerns over pausing aid

Taiwan depends on US military support to fend off China, which wants to bring the democracy of 23 million people under its control someday, by force if needed

China uses food as high-impact, low-cost weapon in trade war against US

Agricultural tariffs, which run from 10 per cent to 15 per cent on an expansive list of items including grains, proteins, cotton, and fresh produce, follow initial action on energy and minerals

Palestinian activist student detained by officials at Columbia University

ICE had orders from the State Department to revoke Mahmoud Khalil's student visa

RBI's rate cut outlook drives investors to bet on Indian bonds gain

After its first easing in five years last month, the Reserve Bank of India may deliver another 25 basis points cut in April, followed by at least one more reduction this year

Big weddings are out of style? This famous Indian designer thinks so

The wedding industry in India as we know of it today is breathing its last, said Mukherjee

Trump's tariff threats may be good for India: Ex-RBI deputy Viral Acharya

Acharya, who was a deputy governor at the RBI between 2017 and 2019, said large firms that had benefited from the protectionist measures will initially lose some value, but the economy will benefit

Here's why Elon Musk has bigger problems in land 'Tesla takedown' forgot

The billionaire's tarnished image is showing signs of damaging his company across the world. After he backed the far-right Alternative for Germany party, sales in that country last month slumped 76%

Elon Musk backs US to exit NATO, questions funding Europe's defence

On March 3, Musk wrote on X he agreed with a suggestion by a conservative commentator that the US should leave both NATO and the United Nations

'Impossible trinity' fuels cash crunch as Asia battles strong dollar

These moves are explained by what economists call the impossible trinity, the idea that countries can't simultaneously control their currencies

US Envoy claims Gaza ceasefire, hostage deal possible in coming weeks

Such a deal, he said, could allow Israel to repatriate all 59 remaining Gaza hostages, and "not just the Americans," he added, referring to a handful of US dual nationals

China's consumer inflation turns negative, raising deflationary concerns

Factory deflation extended into a 29th month, though the producer price index recorded a slower drop of 2.2 per cent compared to January's negative 2.3 per cent

India fails to attract foreign investors after $1.3 trn mkt selloff: Report

Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence