Sefcovic said the EU sees "no justification for sudden, unilateral tariff increases" by the United States, adding that businesses rely on economic stability and predictability.

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

ActionAid says

Lutnick, who was chief executive of financial services firm Cantor Fitzgerald, is a close ally of Trump's and has been a defender of imposing tariffs on US imports.

Elhedery's plan for a "simpler, more dynamic, and agile organisation" has shaken up Europe's largest bank, whose shares in Hong Kong have rallied to an 11-year high.

Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.

The International Monetary Fund's move to disburse the fourth and fifth tranches of a $4.7 billion loan together was a mutual decision, the finance ministry said in a press release yesterday.

Elon Musk’s artificial intelligence company unveiled on Monday the latest version of its chatbot, Grok 3, which the billionaire hopes will find traction in a highly competitive sector contested by the likes of ChatGPT and China’s DeepSeek.

Japan's second- and third-largest automakers by sales after Toyota Motor had been in talks to create a $60 billion firm after a lack of hybrid models in the U.S. and competition from local rivals in China had sent Nissan's earnings diving.

Chinese AI app DeepSeek will not be available to download in South Korea pending a review of its handling of user data, Seoul authorities said Monday.

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming months as US tariffs threaten to pile more pressure on the economy.

Japan’s economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.

41 Bangladeshi companies are participating among 5,500 exhibitors from over 129 countries

Gross domestic product expanded 0.1 percent in 2024, well down from 1.5 percent the year before, the data showed

Since coming to power more than a decade ago, Xi has consistently sought to bolster the role of state enterprises in the world's second-largest economy and warned against the "disorderly" expansion of the private sector.

The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has reassured consumers and traders that there is no supply shortage of bottled edible oil in the local market.

Smoke billows from chimneys as factories churn in South Korea’s steelmaking heartland, now under threat from Washington’s swingeing new tariffs on the port city’s largest export.

Broadcom and TSMC are not working together, and all of the talks so far are preliminary and largely informal, the Journal added

An additional 10 percent tariff on imports from China -- a major auto parts supplier -- has already been imposed

Stock markets diverged and the dollar dipped on Friday as traders tracked US President Donald Trump’s latest tariff announcement, economic data and earnings.