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The geopolitical tensions between the United States and the BRICS alliance have deepened, with U.S. President Donald Trump launching a fresh attack on the group and threatening new tariffs. In a strongly worded message on his social platform, Trump d
The U.S. dollar fell sharply on Wednesday after former President Donald Trump indicated he may announce his pick for the next Federal Reserve chair well before Jerome Powell’s term ends in May 2026. The move has stirred unease among investors, rais
At its May 6–7 meeting, the Federal Reserve made one thing clear: it’s worried. The central bank flagged three significant issues still looming over the U.S. economy: persistent inflation, a weakening job market, and increasing financial uncertai
Markets across the Asia-Pacific region kicked off the week cautiously. The reason? A one-two punch: Moody’s just downgraded the U.S. credit rating, and China released some economic data that left investors scratching their heads. The ripple effects
Asian stock markets lost ground on Thursday, following Wall Street's cautious tone overnight. US futures also pointed lower, showing that investors are still wary. Even though fresh US inflation data hinted that price pressures might be easing, marke
The UK and India just signed a central Free Trade Agreement (FTA) that could be a game-changer for their textile and apparel industries. But while the deal brings big promises, many fund managers still play it safe, pointing to deeper industry issues
Highlights of the U.S. Fed Meeting: On Wednesday, May 7, the U.S. Fed decided to maintain the main benchmark interest rates at 4.25% to 4.5%. As the Fed prepares to examine the economy before considering a rate decrease, Chairman Jerome Powell rea
Asian shares earned a good jump on Wednesday following a vigorous show on Wall Street with bursts of strong profit reports from corporates. Eased concerns over global trade tensions further elevated investor sentiment and made for good regional tradi
Wall Street Futures fell heavily on Wednesday, April 16. The futures listed on Nasdaq 100 led the pack downwards by shedding 1.3%, followed by the S&P 500 futures, which declined by 0.8%, while Dow Jones futures fell 0.4%. The retreat in the trad
In concert with the souring trade relations between the two nations at present, China has sought the United States to discuss these growing disputes in an atmosphere of mutual respect and equality, with this demand coming on the heels of over 50% tar
Growing Concerns from Business Leaders Bill Ackman, billionaire hedge fund manager, and Trump supporter has raised serious concerns about the U.S. President’s recent tariff impositions on all major countries across the globe. He took to X to war
According to experts, the US government's decision to apply a reciprocal duty of 26% on Indian imports is anticipated to have a major effect on India's gem and jewelry industry. In FY24, India exported $9.9 billion worth of gems and jewelry to the US
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