Global Economy

Taiwans technology industry would also commit to making at least $250 billion in direct investments to expand advanced semiconductor, energy and artificial intelligence operations in the US. That includes previous commitments by Taiwan Semiconductor Manufacturing Co., Commerce Secretary Howard Lutnick said, which total $165 billion. In addition, Taiwan agreed to provi...

Trump's announcement comes on the back of the formation of a 15-member Palestinian technocratic committee, tasked with managing the day-to-day government of the post-war Gaza.

Israels Prime Minister Benjamin Netanyahu asked President Donald Trump to postpone plans for an attack on Iran, the New York Times reported.

Initial claims decreased by 9,000 to 198,000 in the week ended Jan. 10, according to Labor Department data released Thursday. The figure was below all estimates in a Bloomberg survey of economists.

Indian refiners are adjusting their procurement patterns, becoming more active in the market for non-sensitive substitutes from the Middle East, West Africa and Latin America that can replace Russias flagship Urals blend, though at a higher cost.

A new trader on the online gambling platform placed a bet of $40,000 that the US will strike Iran by Jan. 14.

In an interview with Reuters, Trump said, "I don't have any plan to do that," when asked if he would take steps to remove Powell from his job.

The yen is strengthening, and yields are jumping. The unwinding of the yen carry trade could ripple across global markets.

China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world’s top bullion markets.

While a temporary agreement was reached through the Trump-Xi talks, the fundamental competitive dynamics remain.

Sareen added that while some aspects of the economic relationship might still be salvaged, the broader strategic engagement is over, and it is time for India to move on.

Powell signaled earlier this month the Federal Open Market Committee remained focused on threats to the labor market.

India has long defended its right to purchase energy wherever it finds favorable terms, saying its decisions are driven by domestic demand rather than politics.

When asked if the two sides are sticking to the November deadline to conclude the negotiations, Goyal said: "There is every possibility".

Swift’s Eras tour of 2023-2024 generated total consumer spending in the US of $5 billion over six months, of which $2 billion was retail sales, according to analysts at Nomura Securities.

The report also mentions that India has emerged as the fastest-growing major economy.

A dovish stance is on the cards, or do hawks await? Here's what JPMorgan foresees for the Federal Reserve's decision today.

Minister of Commerce and Industry Piyush Goyal met Minister In Charge of Trade of the Euroasian Economic Commission Andrey Slepnev on Monday.

President Donald Trump has repeatedly pressed Powell to cut rates, but the Fed has hesitated, wary of tariffs that could simultaneously dampen growth and stoke prices.

The resumption of India-US trade talks comes after a period of brief disruption, triggered by the imposition of 50% tariffs on New Delhi.