Moody's downgrade intensifies investor worry about US fiscal path

The ratings agency cut America's pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade the country, citing concerns about the nation's growing $36 trillion debt pile
18 May 2025

Trump tariff highlights the need for diversifying exports: special assistant to CA

He says this at a discussion organised by the International Business Forum of Bangladesh
17 May 2025

Vietnam steps up talks with US to reduce hefty tariff

Vietnam has the fourth-largest trade surplus among all US trading partners, worth $123.5 billion last year
17 May 2025

US loses last triple-A credit rating as Moody's cuts over govt debt

The downgrade to Aa1 from Aaa adds to the bad news for the US president
17 May 2025

Trump: India has offered US a trade deal with no tariffs

US President Donald Trump said on Thursday that India had offered a trade deal that proposed “no tariffs” for American goods, while expressing his dissatisfaction with Apple’s plans to invest in India.
15 May 2025

Bangladesh overcomes the fear of floating

Central bank finally adopts a market based exchange rate
15 May 2025

Tokyo, Osaka top trending destinations for summer travel

Mastercard Economics Institute says in its report on travel trends in 2025
15 May 2025

Trump: India has offered US a trade deal with no tariffs

The United States is India's largest trading partner, with bilateral trade totalling some $129 billion in 2024
15 May 2025

UK economy beats forecast to grow 0.7% in first quarter

Gross domestic product rose 0.7 percent in the January-to-March period
15 May 2025

Nissan is rolling out big cuts. Turning around sales will prove harder

Nissan's sales have plunged 42 percent since the 2017 business year
15 May 2025

Stocks drop as fresh trade news awaited, oil down on Iran hopes

News that Beijing was suspending some non-tariff countermeasures on US entities for 90 days following the superpowers' weekend truce did little to inject much more enthusiasm
15 May 2025

Boeing April deliveries hit by US-China trade war

Boeing commercial plane deliveries rose slightly in April despite a hit from the US trade war with China, according to figures released Tuesday.
14 May 2025

US companies fret despite China tariff reprieve

President Donald Trump’s rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing, with a temporary de-escalation only expected to partially calm the storm, analysts and business owners say.
14 May 2025

China, US slash sweeping tariffs in trade war climbdown

The United States and China slashed sweeping tariffs on each others’ goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international supply chains.
14 May 2025

'Panic and paralysis': US firms fret despite China tariff reprieve

Trump's escalating trade war since his return to office saw US duties on Chinese goods -- including toys -- reach a whopping 145 percent
14 May 2025

US inflation cooled in April as Trump began tariff rollout

he consumer price index (CPI) eased to 2.3 percent in April
14 May 2025

US President Trump blinked in trade war with China. Can Southeast Asia get a break, too?

It took one weekend in Geneva for US President Donald Trump to roll back what has been seen till now as the raison d’etre of his presidency
14 May 2025

Trump says 'very strong' trade deal with China will see it 'open up'

US President Donald Trump said Washington had the blueprint for a "very, very strong" trade deal with China
14 May 2025

China lifts Boeing ban after US trade talks

China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.
13 May 2025

US tariff pause on Beijing puts pressure on ‘China-plus-one’ countries

A new US-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the US to continue benefiting from a “China-plus-one” strategy by global producers.
13 May 2025