Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
U.S. Treasury Secretary Scott Bessent has called on Canada to follow Mexico’s lead in imposing matching tariffs on Chinese imports, suggesting that such a move could help create a unified trade barrier
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Copper waiting to leave warehouses has reached its highest level since 2021, as traders move to deliver the metal to the U.S. ahead of impending tariffs, according to data from the London
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Macau’s gaming industry showed signs of recovery in February, with gross gaming revenue increasing by 6.8% year-on-year to 19.74 billion patacas ($2.5 billion), according to data released by the Gaming Inspection and
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India’s crude oil imports from Russia witnessed a significant decline in February, reaching their lowest level since January 2023. The downturn follows the latest round of sanctions imposed by the United States
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A major investigation has uncovered that Saifuzzaman Chowdhury, Bangladesh’s former land minister, and his family secretly acquired nearly 500 properties worldwide over the past three decades, raising serious concerns over corruption and
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Blackstone CEO Stephen Schwarzman took home more than $1 billion in 2024, driven by surging dividend payouts as the private equity giant saw a sharp rebound in investment activity. According to Blackstone’s
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Hong Kong billionaire Li Ka-shing’s CK Hutchison is at the center of renewed scrutiny after the U.S. President Donald Trump claimed that “China is operating the Panama Canal.” The remark has reignited
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The U.S. trade deficit in goods soared to a record $153 billion in January, as businesses rushed to import foreign products ahead of impending tariffs promised by Donald Trump. The sharp increase—more
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Deporting immigrants may deliver electoral wins to politicians if voters have been sufficiently cultivated by years of demonizing and scapegoating them. For its victims, the cruelties involved are horrific. Yet such deportation
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President Donald Trump has reignited transatlantic trade tensions by threatening to impose a 25% tariff on European Union imports, accusing the bloc of being designed to “screw the United States.” The move,
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Iran has announced plans to triple its nuclear-powered electricity production by 2029, marking a major expansion of its nuclear energy sector at a time of increasing geopolitical friction. The ambitious initiative, outlined
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U.S. Secretary of State Marco Rubio and Iraqi Prime Minister Muhammad al-Sudani have agreed to expedite the restart of the Kirkuk-Ceyhan oil pipeline, a critical infrastructure linking Iraqi Kurdistan to the Turkish
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After six years of restrictions, Sri Lanka has finally lifted its long-standing vehicle import ban, creating new opportunities for luxury car enthusiasts and importers. Leading the charge in this revived market is
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The global cryptocurrency market has suffered a staggering $800 billion loss in recent weeks, as the post-election enthusiasm that briefly lifted digital assets fades amid scandals, policy disappointments, and a broader sell-off
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Washington Post owner Jeff Bezos has announced a major revamp of the newspaper’s opinion section, narrowing its focus to two central themes—personal liberties and free markets. The shift marks one of the
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