Wall Street’s key stock indices surged sharply on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. The US will cut tariffs on Chinese goods to 30% from as high as…
US President Donald Trump claimed on Saturday that “great progress” was made during the first day of high-stakes US-China trade talks in Geneva, signalling what he called a “total reset” in relations between the world’s two largest economies.In a post on Truth Social, the US president wrote, “A very good meeting today with China, in…
In a massive statement after four days of hostilities, US President Donald Trump has said India and Pakistan have agreed to a “full and immediate” ceasefire following a “long night of talks” mediated by the United States. Minutes after Trump’s post, the ceasefire was confirmed by both India’s Ministry of External Affairs and the foreign…
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets were mixed Friday as investors awaited China’s April trade data amid worries of a significant slowdown in exports growth due to U.S tariffs. Economists polled by Reuters estimate outbound…
US President Donald Trump has teased a major announcement he plans to make before departing on his upcoming Middle East tour, describing it as “very, very big” and “one of the most important announcements that have been made in many years about a certain subject.” Speaking to reporters, Trump said the timing of the reveal…
US President Donald Trump began his first talks with Canadian Prime Minister Mark Carney on Tuesday and vowed to bring up “tough points” that are dividing the two countries since Trump imposed tariffs. Their meeting started with smiles and a handshake despite Trump’s desire to make Canada the 51st U.S. state, a prospect that has…
Last Updated:May 03, 2025, 12:39 IST Donald Trump and Elon Musk have a fluctuating relationship, as both have been often seen taking swipes at each other publicly. US President Donald Trump with Elon Musk | File Image/AP US President Donald Trump recently said at an event that internet people like Elon Musk hated him during…
Last Updated:May 03, 2025, 09:32 IST The POTUS new avatar broke the internet with several social media users dubbing the post humorous while some criticised it as insensitive. US President Donald Trump in papal attire. (X) US President Donald Trump on Saturday posted an AI-generated image of himself dressed in papal attire days after jokingly…
Wall Street stock indices edged higher on Friday on stronger-than-expected jobs data and easing trade tensions. At 12:58 PM EDT, the S&P 500 gained 1.58%, the Dow Jones Industrial Average rose 1.49%, the Nasdaq Composite surged 1.76%. At 11:31 AM EDT, the S&P 500 gained 1.04%, the Dow Jones Industrial Average rose 0.81%, the Nasdaq Composite rose 1.26%. At…
Amid a deepening standoff with Harvard University, US President Donald Trump on Friday announced plans to strip the prestigious Ivy League institution of its tax-exempt status. The move is the latest in a series of actions by the Trump administration against elite universities.“We are going to be taking away Harvard’s Tax Exempt Status. It’s what…
