Trump tariffs pile stress on ailing world economy
The latest round of US trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered ...
U.S. stocks close lower
NEW YORK, April 3 (Xinhua) -- U.S. stocks ended lower on Thursday. The Dow Jones Industrial Average fell by 1,679.39 points, or 3.98 percent, to 40,545.93. The S&P 500 sank 274.45 points, or 4.84 ...
Companies face a new reality of chaos from American tariffs
Now that the United States has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to ...
U.S. tariffs to slow Czech economic growth by 0.6-0.7 pp in 2025: ministry
The Czech Ministry of Finance said on Thursday that new U.S. tariffs are expected to reduce the country's economic growth by 0.6 to 0.7 percentage points this year.
Crude futures settle lower
The West Texas Intermediate for May delivery dropped 4.76 U.S. dollars, or 6.64 percent, to settle at 66.95 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery lost ...
South Korea's impeached President Yoon faces court ruling to decide his fate
South Korea's Constitutional Court will rule on Friday whether to remove or reinstate impeached President Yoon Suk Yeol over ...
U.S. dollar ticks down
The U.S. dollar bought 146.43 Japanese yen, lower than 149.93 Japanese yen of the previous session. The U.S. dollar fell to 0.8611 Swiss francs from 0.8824 Swiss francs, and it lost to 1.4084 Canadian ...
Hungary set for economic leap with launch of Chinese megaprojects: FM
Hungary is poised for a major economic leap in 2025, driven by the start of production at multiple Chinese industrial megaprojects across the country, Hungarian Minister of Foreign Affairs and Trade ...
Bosnia's defense industry faces heavy burdens from U.S. tariff hikes
The United States has imposed sweeping tariffs on imports worldwide, with Bosnia and Herzegovina(BiH) facing tariffs of up to 36 percent on all exports to the US, a move expected to impact the country ...
Italy scrambles to respond as U.S. tariffs threaten economy
Italian Prime Minister Giorgia Meloni convened an emergency meeting of ministers on Thursday as the country's already slowing economy braces for the fallout from the United States' sweeping new ...
Chinese association opposes U.S. move to cancel duty-free treatment for low-value packages
The China Express Association, on behalf of China's postal and express delivery enterprises, expressed firm opposition to the U.S. move to cancel duty-free treatment for low-value packages from China.
1st LD: WTO chief says deeply concerned in response to U.S. tariff announcement
Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, expressed deep concern on Thursday over the decline in global trade and the potential for an escalating tariff war, sparked ...