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South Korea to prepare support plans ahead of US tariff enforcement

South Korea's financial regulator also asked firms and state institutions to be prepared to provide liquidity support for exporting companies and their contractors hit by tariffs

US futures, oil dive as markets hungry for rapid tariff cuts from Trump

Investors had thought the loss of trillions of dollars in wealth and the likely body blow to the economy would make Trump reconsider his plans

Oil prices plunge further amid fears global trade war may cause recession

Oil plunged 7 per cent on Friday as China ramped up tariffs on US goods, escalating a trade war that has led investors to price in a higher probability of recession

Japan to urge US for tariff cut but no results 'overnight', says PM Ishiba

Ishiba said Trump's decision to slap tariffs on imports from Japan was 'extremely disappointing and regrettable'

Over 50 nations seek trade talks with US after tariff action: Officials

Treasury Secretary Scott Bessent said more than 50 nations had started negotiations with the US since last Wednesday's announcement, putting Trump in a position of power

Netanyahu to urge Trump for tariff relief during meeting in Washington

Netanyahu, who has spent the last few days visiting Hungary, departs for Washington on Sunday for an impromptu visit with Trump that is expected to take place on Monday

India unlikely to impose counter-tariffs as US trade talks progress: Report

In the days after Trump's tariff announcement that has shaken global markets to their core, India joined nations like Taiwan and Indonesia in ruling out counter tariffs

Russian missile strike on Ukraine's Kyiv injures 3, sparks multiple fires

All of Ukraine was under air alerts after the country's air force warned of an attack including on regions bordering Poland

Rains add to challenge for Myanmar earthquake relief, toll hits 3,471

Aid agencies have warned the combination of the unseasonable rains and extreme heat could cause outbreaks of disease, including cholera

Meta launches new Llama 4 AI models 'Scout', 'Maverick' to power innovation

Meta said in a statement that the Llama 4 Scout and Llama 4 Maverick are its 'most advanced models yet' and 'the best in their class for multimodality'

US begins collecting Trump's 10% tariff, smashing global trade norms

The initial 10 per cent baseline tariff paid by US importers took effect at US seaports, airports and customs warehouses

Trump tariff carnage drags Nasdaq near bear territory; Dow falls 4.4%

Second day of market chaos since Trump tariff announcement; Nasdaq drops 20% from all-time closing highs

Meta's content moderation contractor to cut 2,000 jobs in Barcelona

A Meta spokesperson said the company has moved the services that were being performed from Barcelona to other locations and the company is not reducing its content review efforts

Larger tariffs may fuel inflation, dampen growth: Fed's Jerome Powell

Powell said it was not the Fed's role to comment on the Trump administration's policies but rather to react to how they might affect an economy that he and his colleagues made comment about

US job growth beats expectations in March amid Trump's tariff concerns

The labor market is being underpinned by low layoffs, generating solid wage gains that are helping to sustain the economic expansion

S&P to review all global forecasts in wake of Trump's tariff shock

The impact on US GDP will depend on the level of retaliation from its trading partners and how the tariff revenues get used, especially if they fund tax cuts, S&P said

Oil prices see drop 8% amid China retaliating with tariffs on US goods

Brent futures dived by $5.30, or 7.6 per cent, to $64.84 a barrel by 1254 GMT. US West Texas Intermediate crude futures lost $5.47, or 8.2 per cent, to $61.48

Indian IT companies brace for impact as tariffs fan US recession fears

The tariffs come at a time the sector was counting on Trump to revive client confidence and discretionary spending after years of weak revenue growth

WEF founder Klaus Schwab to step down as chair of board of trustees

He did not give a timeline for his departure from the organisation, but the WEF said in a statement to the FT that the process should be completed by January 2027

How IndusInd Bank's profit push and lax controls drove it into crisis

IndusInd disclosed in March accounting discrepancies in its derivatives portfolio whose impact roughly equated to an entire quarter's profits