The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5…
Pakistan’s stock market is experiencing an unusual surge, driven largely by retail investors, signalling renewed confidence in local equities after years of uncertainty. The KSE-100 Index has soared roughly 40% in 2025, making Pakistan one of Asia’s top-performing markets. With property prices stagnant and deposit rates halved over the past two years, more individuals are…
Japan’s Kirin Holdings, the largest investor in Bira 91 maker B9 Beverages, is in talks with founder Ankur Jain to exit the crisis-hit company, several people familiar with the matter told ET.Kirin, one of Japan’s top three liquor companies alongside Asahi and Suntory, held a 20.1% stake in B9 Beverages as of June 2025, ahead…
According to GTRI, since India has already responded to American concerns, the United States should promptly remove the tariff. (AI image) The Donald Trump administration should with immediate effect withdraw the 25% penal tariffs on India for its crude oil trade with Russia, says the Global Trade Research Initiative (GTRI) in its latest note. In…
The US stock market held steady on Wednesday as traders looked ahead to two key updates expected to shape Wall Street. Dow climbed 35 points or 0.08% to reach 46,127. Nasdaq also rose 182 points to 22,615 at 8:20 PM IST. S&P 500 also followed the suit, trading at 6,650, up 33 points or 0.5%.Lowe’s…
BENGALURU: Defence PSU Hindustan Aeronautics Ltd (HAL) Wednesday said it has signed a contract with Germany’s Hensoldt Sensors GmbH at the Dubai Air Show 2025 to secure design transfer and intellectual property rights for advanced obstacle-avoidance technologies for helicopters.The agreement covers the Transfer of Design ToT, IPR, and manufacturing and repair capability for an Obstacle…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
The latest dispute between Japan and China has now entered the trade sphere, with Tokyo media reporting that Beijing is planning to halt Japanese seafood imports. However the reports, which emerged on Wednesday and were widely carried by outlets, still remain unconfirmed by governments of both the countries as the diplomatic row deepens.Reports from Tokyo…
Gold prices have been breaking records this year, and wealthy investors and family offices are now looking for ways to earn returns on their bullion. Instead of keeping gold bars locked in vaults, more of them are leasing their metal to refiners, jewelers, and fabricators to earn interest — a major shift for an asset…
Creditors of Jaiprakash Associates have unanimously voted in favour of Gautam Adabi-led Adani Enterprises’ resolution plan, choosing it over Vedanta despite the latter placing the highest overall bid in a September e-auction, people familiar with the discussions told ET.Jaiprakash Associates (JAL), which owes lenders Rs 55,000 crore, was admitted into insolvency proceedings in June last…
