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Dollar slides to decade-low vs Swiss franc as confidence dips in US assets

The dollar dropped as much as 1.2 per cent to 0.81405 Swiss franc for the first time since January 2015, extending Thursday's nearly 4 per cent plunge

Trump threatens sanctions, tariffs on Mexico over Texas water dispute

Under the 1944 treaty, Mexico must send 1.75 million acre-feet of water to the US from the Rio Grande through a network of interconnected dams and reservoirs every five years

Oil prices set to drop for second week as US-China trade war to cut demand

Brent is set to fall 4 per cent this week, adding to an 11 per cent drop in the prior week, while WTI is set to decline 3.8 per cent

Hotel chain Hyatt bets on India's population boom to fuel revenue growth

Hyatt said it plans to open six hotels in India, home to roughly 1.4 billion people, this year including in smaller cities from northern Ghaziabad to southern Kochi

Trump trade war with China revives recession, bear market fears

Battered global markets and anxious global leaders welcomed Wednesday's reprieve when Trump suddenly decided to freeze most of his hefty new duties for 90 days

Gold hits record high as US-China trade war intensifies, dollar weakens

Spot gold climbed 2.6% to $3,160.82 an ounce at 01:54 p.m. ET (1754 GMT), after hitting a record high of $3,171.49 earlier in the session

EU, China start talks on lifting EU tariffs on Chinese electric vehicles

The European Union imposed tariffs on Chinese-made electric vehicles (EVs) late last year, saying they were needed to counter cheap loans

Adani Enterprises to launch world's largest copper smelter in four weeks

In the next four weeks, we're starting the largest metallurgical complex of copper and other metals in the world- Head of metals of firm said

Goldman Sachs cuts China GDP growth forecasts citing tariff impact

However, the report added that "even these significant easing measures are unlikely to fully offset the negative effects of the tariffs

Apple airlifts 600 tonnes of iPhones from India to beat Trump tariffs

The details of the push provide an insight into the U.S. smartphone company's private strategy to navigate around the Trump tariffs

Beijing bites back at US tariffs by imposing curbs on Hollywood movies

After three decades during which China annually imported 10 Hollywood movies, its National Film Administration said Trump's increase of tariffs on Chinese imports would further sour domestic demand

US, Russia describe talks on diplomatic missions as constructive & positive

The meeting of the US and Russian delegations in Istanbul followed initial talks in February, after the war in Ukraine triggered the biggest confrontation between Moscow and the West since Cold War

Wall Street opens lower after sharp rally on Trump tariff reversal

The Dow Jones Industrial Average fell 611.5 points, or 1.51 per cent, at the open to 39,996.93

Pakistan to invite fresh bids for privatising national airline PIA

However, Islamabad's attempt to privatise PIA last year fell flat when it received only a single offer, well below the asking price of more than $300 million

Prada to buy Versace for $1.375 bn, uniting top Italian fashion houses

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss

India seeks quick trade deal with US after Donald Trump pauses tariffs

India and the United States agreed in February to work on the first phase of a trade deal to be concluded late this year, with a view to reaching two-way trade worth $500 billion by 2030

RBI deputy governor urges NBFCs to bolster risk controls, board oversight

NBFCs should not lose sight of fairness to the customer even as they pursue scale, speed, and profits, Swaminathan added

Safe havens rebound as China-US trade war anxiety overshadows tariff U-turn

The uptick in safe haven currencies came even with Asian stock markers surging, as they joined the global relief rally

US stocks surge, dollar gains in dramatic relief as Trump halts tariffs

The S&P 500 ended 9.5 per cent higher, while the Nasdaq rose 12.2 per cent in its biggest one-day gain since January 3, 2001

Whispers of change in China as some companies tell staff to work less

In another sign of how the zeitgeist for China Inc is slowly changing, a Beijing law firm was fined in March for not taking corrective measures after it illegally extended staff working hours