US gasoline prices tumble for sixth week
REUTERS, New York
24 June 2026, 00:00 AM Global Economy
Oil markets bet Trump would chicken out on Iran. They won
REUTERS, London
17 June 2026, 00:00 AM Global Economy
Dollar hovers around 10-day low
REUTERS, London/Hong Kong
16 June 2026, 00:00 AM Global Economy
Tired of chaos, investors retreat from oil market at record pace
REUTERS, London
15 June 2026, 00:00 AM Global Economy
Top US trade official slams WTO after failed talks
AFP, Washington
1 April 2026, 00:00 AM Global Economy
Stagflation risk in US ‘quite high’
AFP, Geneva
18 March 2026, 00:00 AM Global Economy
US customs agency to stop collecting tariffs deemed illegal
REUTERS, Washington
24 February 2026, 00:00 AM Global Economy

Trump says US auto tariffs to be around 25%

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
19 February 2025, 18:00 PM

Trump keeps tariffs drumbeat going, with autos targeted next

President Donald Trump on Friday kept alive his drumbeat of tariff threats, saying levies on automobiles would be coming as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import duties as he seeks to reshape global trade.
15 February 2025, 18:00 PM

Trump says he will announce reciprocal tariffs on many countries soon

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US’ favor.
9 February 2025, 18:00 PM

Trump says Microsoft in discussions to acquire TikTok

US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app’s future in the country faces uncertainty.
28 January 2025, 18:00 PM

Nvidia loses $600b in value amid rout in tech stocks

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.
28 January 2025, 18:00 PM

Trump’s tariff threats are ‘leverage’

Donald Trump’s recent threat to impose 25 percent tariffs on Canada and Mexico is a negotiating tactic, the president’s long-time informal economic advisor argued Wednesday.
23 January 2025, 18:00 PM

Trump’s economic plans could cause US inflation

Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
18 January 2025, 18:00 PM

IMF raises global growth outlook

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.
18 January 2025, 18:00 PM

US announces new restrictions on AI chip exports

The United States on Monday unveiled new export rules on advanced computing chips used for artificial intelligence, aiming to facilitate sales to allied nations and further curb access to countries like China.
13 January 2025, 18:00 PM

US hiring beats expectations

US job gains soared past expectations in December, according to government data released Friday, in a sign the labor market remains healthy shortly before President-elect Donald Trump’s inauguration this month.
11 January 2025, 18:00 PM

OpenAI plans to become for-profit company

ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.
28 December 2024, 18:00 PM

Trump threatens EU with tariffs over oil and gas imports

US President-elect Donald Trump said on Friday the European Union should step up US oil and gas imports or face tariffs on the bloc’s exports that include goods such as cars and machinery.
21 December 2024, 18:00 PM

US case against Adani strong but extradition unlikely

The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon.
16 December 2024, 18:00 PM

WB declares record $100b support for poorest countries

The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate a record $100 billion in total spending power.
7 December 2024, 18:00 PM

US Fed officials warn of ongoing risks from elevated inflation

The United States continues to face risks from underlying inflation despite recent progress in stabilizing prices, two senior Federal Reserve officials said Friday, with one indicating support for just one interest rate cut over the next two rate decisions.
7 December 2024, 18:00 PM

Trump threatens 100% tariff on BRICS countries over currency plans

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.
1 December 2024, 18:00 PM

Inflation-wary US consumers flock to ‘Black Friday’ deals

US shoppers were out in force for “Black Friday,” with preliminary data showing strong online sales despite inflation nerves prompting retailers in the world’s biggest economy to come up with ever more deals.
30 November 2024, 18:00 PM

Petrol industry embraces plastics while navigating energy shift

Amid the inexorable shift toward more electric vehicles, oil and gas producers are looking increasingly to plastics to help keep them afloat, even if that sector faces challenges of its own.
25 November 2024, 18:00 PM

US to call for Google to sell Chrome browser

The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday.
19 November 2024, 18:00 PM

Trump win sees dollar, stocks soar

Donald Trump’s surprisingly comprehensive victory in the US Presidential election has electrified the US dollar - possibly to his own chagrin - and the US currency is eyeing its biggest one-day gain in two years.
6 November 2024, 18:00 PM