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04.12 / 06:45
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China bans exports to US of gallium, germanium, antimony in response to chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applications
04.12 / 05:27
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Rupee stays flat at 84.68 against US dollar in early trade
foreign inflows offset the impact of a strengthening greenback. A strengthening dollar against overseas currencies and a rise in Brent crude in international markets capped further gains in the local unit, while a positive trend in domestic equity markets prevented a drop in the currency. Forex traders said the rupee has been on a downtrend largely on the back of Donald Trump's rhetoric on BRICS currency, political instability in the Eurozone, weaker domestic macroeconomic indicators and unabated foreign portfolio outflows.
04.12 / 00:29
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China review of US usage lifts local graphite company stocks
HEG and Graphite India, surged in Tuesday's trading after China introduced a stricter review process for end-use of graphite exports to the US. Analysts said sentiment in these shares perked up on expectations restrictions by China could drive up demand for Indian graphite makers. HEG's shares soared 14.2% while Graphite India gained 9.1%. Key indices rose 0.7% each, while the BSE 500 index gained 0.8%.
03.12 / 21:07
03.12 / 17:45
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Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker
03.12 / 17:35
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Joe Biden uses the Donald Trump playbook
After vowing for years he wouldn't interfere with the judicial system, Biden has granted 'a full and unconditional pardon' to his son Hunter. The pardon not only covers the gun-related and tax evasion charges Hunter has been convicted of, but also crimes he may be charged with in the future. The blanket pardon covers any case that may come down the line from Trump's justice department. Republicans may try to punish Hunter for trading on his father's name while Biden was VP, and receiving $10 million in payments from Chinese and other foreign companies. But no worries, the father has secured his son before signing off.
03.12 / 16:37
03.12 / 16:37
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Trudeau to meet with Canadian opposition leaders to discuss US relations after Trump tariff threat
Prime Minister Justin Trudeau will have a meeting with all opposition leaders to discuss U.S.-Canada relations after President-elect Donald Trump threatened sweeping tariffs on all Canadian products
03.12 / 16:29
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Global debt surges past $320 trillion as risk appetite returns: IIF
Large government budget deficits suggest that sovereign debt could rise by a third by 2028 to approach $130 trillion, the report from the Institute of International Finance (IIF), a financial services trade group, found — increasing repayment risks worldwide. «Rising trade tensions and supply-chain disruptions threaten global economic growth, increasing the likelihood of mini boom-bust cycles in sovereign debt markets as inflationary pressures resurface and public finances tighten,» it said in its report, adding that the increased interest cost as a result could «exacerbate fiscal strains» and make debt management increasingly difficult.
03.12 / 14:55
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China’s flood of cheap goods is angering its allies, too
Subscribe to enjoy similar stories. A deluge of cheap Chinese goods washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts escalating trade tensions with the U.S. With President-elect Donald Trump saying he plans to significantly increase tariffs on China, Beijing is hoping to unload more of its excess factory production to developing-world countries, from Indonesia to Pakistan to Brazil.
03.12 / 14:55
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Biden pardon threatens his legacy—and Democrats’ fight against Trump
Subscribe to enjoy similar stories. WASHINGTON—Joe Biden made the central purpose of his presidency clear in his Inauguration Day address: “We have learned again that democracy is precious. Democracy is fragile," he said at the U.S.
03.12 / 13:17
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China tightens curbs on exports of materials with chip-making applications to US
Subscribe to enjoy similar stories. China will strengthen controls on U.S.-bound exports of some materials that are used in chip making and can have military applications, a move that comes amid rising trade tensions between the two countries. The Chinese Ministry of Commerce said Tuesday that it will ban exports of so-called dual-use materials to the U.S.
03.12 / 12:21
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NYT Connections hints, answers December 3: How to solve today's New York Times puzzle game?
NYT Connections hints for Tuesday are out as readers can now get answers for December 3 New York Times (NYT) Connections puzzle. NYT Connections is game that is managed by New York Times' associate puzzle editor Wyna Liu. New York Times offers 16 chosen words that are required to be divided into categories. NYT Connections December 3 Purple Category has less sounded letter. Green Category has popular nicknames. Blue Category features American educational show characters. Yellow Category consists of TV shows.
03.12 / 11:03
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Should Brics worry about Trump’s threat?
Subscribe to enjoy similar stories. The president-elect of the US, Donald Trump, has threatened the Brics nations with 100% tariffs should they create their separate currency or back any other currency in their attempt to move away from the dollar.
03.12 / 10:35
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FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon
03.12 / 10:35
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A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view
03.12 / 09:55
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Power of Pardon: India keeps it rare, the US does it more
In September, Hunter Biden pleaded guilty to federal tax charges in federal court in Los Angeles and was due to be sentenced December 16 under Mark C. Scarsi, a judge nominated by Republican President-elect Donald Trump. This renewed interest in pardoning authority highlights how it differs between the US and India.
03.12 / 09:29
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Zelensky signals he’s open to negotiating a peace deal
Subscribe to enjoy similar stories. KYIV, Ukraine—Ukrainian President Volodymyr Zelensky is subtly shifting his rhetoric about ending the war with Russia, suggesting that Ukraine is open to stopping the fight to regain Russian-occupied territory in exchange for membership in NATO.
03.12 / 08:31
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What Bitcoin’s $100K journey means for the global crypto market
Bitcoin has seen a dream run over the past month since the reelection of Donald Trump as the 47th US President. From around $67,000 on the day of the election to a lifetime of $99,655, Bitcoin has increased its value by close to 50% in just a month. This rally also brought a staggering $6.2 billion net inflow into Bitcoin ETFs over the month. While BTC attempted to touch the milestone last week, we saw bears take control, leading to some profitbooking pulling down BTC’s price by around 9%. After testing the key support point of $90,000 – Bitcoin is all set to re-attempt the six-figure mark. Let's deep dive into what the milestone could result in and how BTC at $100k impacts the global crypto market in the short term and the long term.
03.12 / 07:55
03.12 / 03:29
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Trump reiterates opposition to Nippon Steel's takeover of US Steel
Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American firm U.S. Steel, as he reiterated his opposition to Nippon Steel's planned $15 billion purchase of the company. «I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,» Trump wrote on his social-media platform Truth Social. «I will block this deal from happening. Buyer Beware!!!»
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