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Web Desk Karachi
June 23, 2025

IMF chief warns US-Iran tensions could broaden global uncertainty

Global benchmark Brent surged as much as 5.7 percent to $81.40 a barrel early in Asia Monday, before paring much of that gain in heavy trading.

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Reuters
May 29, 2025

US court blocks most Trump tariffs, says president exceeded his authority

The Court of International Trade said the US Constitution gives Congress exclusive authority to regulate commerce with other countries that is not overridden by the president’s emergency powers to safeguard the US economy.

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AFP
April 8, 2025

‘Stupidity’, ‘weakness’ – economists weigh in on Trump’s tariffs

Economists are voicing alarm over President Donald Trump’s steep tariffs on imports into the United States, sparking a trade war that experts say could tip many countries into recession.

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Reuters
March 11, 2025

What is Ireland’s exposure to US economy and Trump’s plans?

Mostly US-owned foreign multinationals, mainly in the technology and pharmaceutical sectors, employ about 11 per cent of Irish workers

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Reuters
January 7, 2025

Stocks lose ground, US yields rise after strong US data

Labor Department data also showed US job openings unexpectedly increased in November although a softening in hiring pointed to a slowing labor market.

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Reuters
December 10, 2024

Biden to warn against another Trump tax cut

Enacting another major tax cut benefiting rich Americans and cutting government old age and health insurance programs would threaten those gains, Biden will argue, while acknowledging that it will take years to see the full impact of his efforts.

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WEB DESK
April 4, 2024

Oil prices inch up as major producers maintain output cuts

Global oil prices experienced a modest uptick due to concerns over reduced supply, stemming from major producers maintaining output cuts.

WEB DESK
September 15, 2023

Biden attacks Republicans for ‘MAGAnomics’ as government shutdown looms

Biden, a Democrat, is running for reelection in 2024. Trump is the front-runner for the Republican nomination

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WEB DESK
August 2, 2023

Starbucks misses quarterly sales estimates as demand wavers

Global comparable sales at Starbucks rose 10 per cent in the third quarter, compared with analysts’ expectations for a 11.8 per cent rise.

WEB DESK
July 31, 2023

Yen eyes first monthly gain since March; dollar headed for monthly loss

The yen fell on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates