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Bullying tariff hike shows some in US are losing their minds, says China

US President Joe Biden on Tuesday unveiled steep tariff increases on Chinese imports including electric vehicle (EV) batteries, computer chips and medical products

US consumer inflation eases to 0.3% in April; retail sales unchanged

The reports suggested that domestic demand was cooling, which is likely to be welcomed by officials at the U.S. central bank as they try to engineer a "soft-landing" for the economy

BlackRock bullish on India, looking to expand its share in govt bond ETFs

BlackRock leads the global ETF space with a nearly 40% market share

Russian forces advancing in Ukraine from all sides as per plan: Putin

Russia has been pushing Ukrainian forces back at various points in recent months despite hundreds of billions of dollars worth of aid from the United States and its allies

US homebuilder sentiment tumbles as high interest rates slow buyer traffic

Spot gold rose 0.4% to $2,367.29 per ounce, as of 1322 GMT. U.S. gold futures rose 0.6% to $2,372.70

US homebuilder sentiment tumbles as high interest rates slow buyer traffic

NAHB measures of current sales, sales expectations for the next six months and traffic of potential buyers all fell

Wheat purchases by govt at 25.4 mn tonnes, 1.5% lower than last year

However, trade and industry officials say the world's second-biggest wheat producer won't be able to achieve its procurement target of 30-32 million tons

TotalEnergies will continue to be listed in France: CEO Patrick Pouyanne

Poyanne said the LNG market was 'tense' but would have more supply and, as a result, lower prices by 2027-2030

Russia warns EU of strong response if restrictions imposed on Russian media

Russian Foreign Ministry Spokeswoman Maria Zakharova said that Western correspondents in Moscow would feel response if the European Union took action against Russian media

Ukraine plans electricity imports after Russian attacks on energy system

Ukraine consumes up to 19,000 Mwh at peak of consumption in winter

Fierce battle between Israel and Hamas-led militants in north, south Gaza

Gaza's Civil Emergency Service and health ministry said rescue teams have been unable to reach areas where the army was operating to respond to calls for help

UN launches probe into first international staff killed by strike in Rafah

The staffer, a retired Indian Army officer named Waibhav Anil Kale, was working with the UN Department of Safety and Security and was on route to the European Hospital in Rafah

Granules India Q4 results: Revenue declines 1.6% on weak paracetamol sales

The company's consolidated revenue fell year-on-year to 1,176 crore rupees (nearly $141 million) for the three months to March 31

Trouble mounts for MDH, Everest as New Zealand checks for contamination

Regulators in India have inspected MDH and Everest plants and sent samples for testing after the global scrutiny, though the results have not yet been made public

'Soft landing' hopes at stake as investors await key US inflation data

Fed Chairman Jerome Powell has downplayed the potential for rate hikes this year and recent data showed cooling in the labor market

US Treasury imposes sanctions after aborted sale of Russian tycoon stake

Treasury will continue to take action to ... stop evasion by the Kremlin and its oligarch enablers, said US Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson

Russian air destroys 10 Ukraine-launched ATACMS missiles over Crimea

The war has killed thousands, displaced millions and turned Ukrainian cities into rubble

Honda to scale down production, cut China workforce with voluntary layoffs

Honda's move marks the latest setback for Japan's legacy car brands in China, where the growing dominance of local players such as BYD and a brutal price war are causing them to lose market share

Benchmark bond yield declines to six-week low, in line with US peers

The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%

Dollar trades low ahead of crucial inflation report; yen under pressure

The yuan slid to a two-week low versus the dollar after US President Joe Biden unveiled steep tariff increases on an array of Chinese imports