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Russia is working with US on Ukraine settlement ideas, says Kremlin

President Donald Trump said he was 'pissed off' at Russian President Vladimir Putin

BlackRock's CEO Larry Fink warns of protectionism amid private market push

Fink wrote in his annual chairman's letter that too many people are currently missing out on prosperity in twin-speed economies

Crude inches up as investors await Trump's actions on Russian oil, Iran

China and India are major buyers of Russian crude and their acquiescence would be crucial to making any secondary sanctions package seriously hurt exports from the world's second largest oil exporter

Iran will deliver 'strong blow' against US if it attacks, says Khamenei

Donald Trump reiterated his threat on Sunday that Iran would be bombed if it does not accept his offer for talks outlined in a letter sent to Iran's leadership in early March

Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts

The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5 per cent from 2.0 per cent and projected three interest rate cuts

US companies have shown interest in rare earth projects in Russia: Kremlin

Russian President Vladimir Putin's investment envoy, Kirill Dmitriev, said that talks with American firms had already begun

UK's Primark boss Paul Marchant resigns after 'error of judgement'

The group said that Marchant had cooperated with an investigation led by external lawyers, acknowledged his error of judgement

Trump threatens to bomb Iran if it does not agree to nuclear deal

There's a chance that if they don't make a deal, that I will do secondary tariffs on them like I did four years ago, Trump said

China's manufacturing at 12-month high on strong orders, PMI rises to 50.5

The non-manufacturing PMI, which includes services and construction, accelerated to 50.8 from 50.4

US President Trump threatens 25-50% secondary tariff on Russian oil

Trump told NBC News he was angry and "pissed off" when Russian President Vladimir Putin criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership, NBC reported

S Korea, China, Japan agree to promote regional trade as Trump tariffs loom

The countries' three trade ministers agreed to 'closely cooperate for a comprehensive and high-level' talks on a South Korea-Japan-China FTA

Delhi HC rejects JSW Steel, Trafigura plea to clear some met coke imports

India from January imposed curbs on imports of low-ash metallurgical coke, or met coke, with country-specific quotas to help domestic suppliers

Trump may not honour auto tariff protections won by Canada, Mexico in 2018

Trump revived the 2019 Section 232 investigation findings to impose the 25 per cent tariffs that take effect on April 3, but White House officials made no mention of the 2018 USMCA side-letter promise

US likely to revoke authorisations to foreign partners of Venezuela's PDVSA

In recent years, former President Joe Biden's administration granted the authorisations to secure Venezuelan oil supplies to refineries from Spain to India as exceptions to the US sanction regime

Trump administration pauses financial contributions to WTO: Report

The Trump administration is retreating from global institutions it sees as at odds with his "America First" economic policies

Wall Street dives as fresh data ignites inflation concerns; Dow falls 1.19%

A Commerce Department report showed the Personal Consumption Expenditures Price index rose in line with expectations.

US consumer spending rises in Feb, likely driven by higher prices

Economists polled by Reuters had forecast consumer spending rising 0.5 per cent after a previously reported 0.2 per cent fall in January

Gold prices hit record high as trade war fears drive safe-haven demand

The Personal Consumption Expenditures (PCE) price index increased 0.4 per cent in February, compared with analysts expectation of 0.3 per cent rise, similar to January's increase

UBS gets regulatory approval to fully own China securities joint venture

The approval wraps up a series of complicated transactions following UBS's merger with Credit Suisse, including the former's sale of a 36.01% stake in Credit Suisse Securities in China to BSAM

India's forex reserves rise for third week, hit over four-month high

Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves