News

India-US trade deal likely to be one of first pacts under Trump, says Bessent
US Treasury Secretary Scott Bessent on Monday said many top trading partners of the United States had made ‘very good’ ...
The Manila Times on MSN1h
IMF-WB meetings end with little tariff clarity
Global finance leaders came to Washington last week seeking clarity on what it would take to get some relief from President ...
Treasury Secretary Bessent says it's up to China to de-escalate trade tensions
I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent added. In ...
U.S. Treasury head Bessent: ‘It’s up to China to de-escalate’ in trade war
The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said ...
'Up to China to step back': US Treasury Secretary Bessent on tariff war, signals first trade deal could be with India
Bessent’s comments arrive at a tense moment, just weeks after President Donald Trump’s April 2 declaration of sweeping global ...
USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus
The USD/JPY pair falls sharply to near 143.00 during North American hours on Monday. The pair declines as the Japanese Yen ...
US calls on China to de-escalate trade tensions; India poised for first major trade deal
US Treasury Secretary Scott Bessent blamed China for de-escalating trade tensions, noting the unsustainability of current ...
Mark Carney’s past life in politics
Mark Carney, a Goldman Sachs alum who has run two different central banks and recently became prime minister of Canada, is ...
Devex6h
Devex Newswire: World Food Programme to cut at least a quarter of its workforce
WFP is slashing up to 6,000 jobs; the World Bank Spring Meetings soft-pedaled on climate; and people are aging better but ...
The Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
European officials see the concern over the “safe haven” reputation of U.S. financial assets as a chance to attract investors ...
Donald Trump Tariffs News Live Updates: Americans likely to feel tariff impact by late May, says former Trump economic adviser
Gary Cohn, who served as director of the National Economic Council under President Trump, said the effects of tariffs will ...
European Midday Briefing: Stocks Rise on Hopes for More Trade-Deal Progress
The European Central Bank's Francois Villeroy de Galhau said that while slower economic growth in the U.S. as a result of higher tariffs would be a blow, it also presented Europe with an opportunity ...