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World

US may reduce tariffs on China to 50 pc as part of trade agreement talks – Reports

Washington: The administration of US President Donald Trump is considering the possibility of reducing import tariffs on China from 145% to 50-54% as early as next week as part...

Russia-US trade shrunk to level ‘unbecoming’ of great powers – Mission to UN

United Nations: US President Donald Trump understands that trade relations between Msocow and Washington have gotten to an...

Bangladesh to establish free trade zone

Dhaka: The Bangladeshi interim government has announced plans to establish a free trade zone (FTZ) in the country.According...

Tesla looking for CEO to remove Elon Musk – Reports

Washington: The board of directors of car automaker Tesla has begun a search for a successor to Elon...

IMF cuts Pakistan growth forecast to 2.6 pc

Islamabad: The International Monetary Fund (IMF) has lowered Pakistan’s GDP growth forecast for fiscal year 2025 to 2.6...
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US to consider TikTok proposal on Apr 2 – Reports

Washington: The United States will consider a final proposal over a potential TikTok deal on April 2, the CBS News broadcaster reported on Tuesday,...

IMF predicts minor downward adjustment in global economy growth due to tariffs – Georgieva

Washington: The International Monetary Fund (IMF) in its upcoming World Economic Outlook report forecasts a slight decline in global economic growth due to US...

Japan to inject hefty funding for chipmaker Rapidus

Tokyo: Japan's Ministry of Economy, Trade and Industry announced Monday that it will provide up to 802.5 billion yen (about 5.4 billion U.S. dollars)...

US public finances face deteriorating outlook, says Moody’s

Washington: America's "fiscal strength is on course for a continued multiyear decline," the Financial Times reported, citing credit rating group Moody's.U.S. President Donald Trump's...

US stocks advance amid tariff optimism

New York: U.S. stocks jumped higher on Monday, as U.S. President Donald Trump might scale back some of his broad tariff plans, potentially helping...

NetBlocks reports nationwide internet shutdown in Syria

Damascus: International internet monitoring service NetBlocks reports a nationwide internet shutdown in Syria."Confirmed: Live network data show a nation-scale internet outage across #Syria corroborating...
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