Global Economy

Support from US stocks offered Asian traders a partial reprieve from Wednesday's broad regional declines, as investors continued to assess the war's impact on growth and inflation.

Are tariffs inherently bad, or are they misjudged through the free-trade lens? The answer, as economic theory and historical evidence suggest, is more nuanced than either side admits.

Aramco typically exports the bulk of its crude from ports within the Gulf, but conflict in the Middle East has led to a logjam of vessels.

We will be back with live updates of the war tomorrow.

India is among the most exposed major economies. Roughly 50% of crude imports, about 60% of LNG and nearly all LPG transit Strait of Hormuz.

The metal advanced as much as 3.6% to the highest since January on the London Metal Exchange.

Trump concluded his address by calling on "Iranian patriots" to seize the moment and seek political change, while reiterating that US operations would continue until all objectives are achieved.

The government wants to wait as long as four months before reviving litigation before the US Court of International Trade on the refund question.

The IMF expressed concern about the fed govt's debts, which it sees rising steadily from just under 100% of US GDP last year to almost 110% by 2031.

The Arctic is reshaping climate, trade routes and geopolitics faster than expected. India has a presence—but does it have a coherent long-term strategy to convert access into influence?

He repeatedly suggested the changes would not result in a larger cumulative rate for certain economies with trade agreements, a positive signal for the EU, UK and others which faced a higher tariff burden under a blanket 15% levy.

The country has been in turmoil after the killing of a drug lord; 74 people have been killed, red alert has been issued.

Trump described the verdict as "very unfortunate," yet insisted that most US trading partners want to preserve the agreements negotiated under his earlier tariff framework.

Trump criticised the tariff ruling in his SOTU speech, attended by all nine Supreme Court justices, three of whom he appointed in his first term.

The Supreme Court ruled that the Oval Office's use of IEEPA to introduce broad-based tariffs was unlawful.

Even in a best-case scenario, where tariffs eventually settle below the rates in place before Feb. 20, there will be plenty of trade uncertainty and logistical mess.

Chinese exporters will be banned from selling dual-use goods, which can be used both for civilian and military purposes, to 20 Japanese companies, according to a statement by China's Commerce Ministry.

Canadian Prime Minister Mark Carney will travel to India, Australia and Japan from Feb. 26 to March 7, 2026, as part of Ottawa's push to diversify trade, attract investment and strengthen Indo-Pacific partnerships.

Tesla's Model Y sales slumped by 21% YoY, whereas BYD's Seagull was worse hit with a slip of 31%.

Omani Foreign Minister Badr Albusaidi said on X that the US-Iran negotiations "are now set for Geneva this Thursday, with a positive push to go the extra mile towards finalising the de