India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came into effect on Wednesday will quickly undo the gains, with no easy solutions in sight.

LDC graduation a turning point for local plastics industry

Exporters hit by tariffs would receive financial assistance and be encouraged to diversify to markets such as China, Latin America and the Middle East

Vietnam’s textile and garment industry is charging into the final months of 2025 with robust momentum, aiming to meet an ambitious export target of US$47–48 billion, buoyed by strong order flows and growing global reach.

Indian exports to the United States will face some of the highest tariffs in the world this week, barring a last-minute reversal from President Donald Trump.

Exceptions are shipments in transit, humanitarian aid, and items under reciprocal trade programmes

The exemption will take effect once both sides reach a final pact

Trump cites mortgage fraud allegations in move to oust Federal Reserve's Cook

Seoul, Washington draft pact to steer $350b pledged under July trade deal

US move to double duties seen hitting 55% of Indian exports

China is increasingly sensitive about rare earths and its control over supply

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer.

There is an old joke: a man arrives at a seedy motel and is offered two options. The economy room costs $10, while the premium room is $12..“What is the difference?” he asks..“The $12 room comes with a free TV,” replies the receptionist with a smile..The humour lies in the contradiction. The TV is "free" but costs more. As Bangladesh prepares free trade agreements (FTAs) with as many as two dozen countries, the joke is a timely reminder: in global commerce, there is no such thing as a free deal. The large print giveth, while the small print taketh away, as the saying goes.

China saw a surge in new coal power in the first half of the year even as the country added record levels of clean energy capacity, according to a report published Monday.

Ailing Intel gets government boost but challenges remain

US President Donald Trump has threatened to double import duties on India from 25 to 50 percent

American trade warriors may be keen to claim early victory. Tariff revenue has surged, 131 percent year-over-year to reach $127 billion by July.

India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional US tariffs are due to hit.

However, disputes between banks and fintechs have fueled doubts about the future of open banking.