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Top officials meet next week to prepare Trump-Putin summit

WORLD

Top officials meet next week to prepare Trump-Putin summit

Details of the meeting and the list of attendees are still being worked out, but people briefed on the plans said the group is likely to comprise national security advisers

74 lawsuits have been filed to stop Trump, most in a handful of courts

WORLD

74 lawsuits have been filed to stop Trump, most in a handful of courts

Corporate America’s souring profit outlook clouds equity rally

WORLD

Corporate America’s souring profit outlook clouds equity rally

Among companies that have issued guidance for next quarter and beyond, more have provided estimates that trail analysts’ expectations

TSMC considers running Intel’s US factories after Trump team request

WORLD

TSMC considers running Intel’s US factories after Trump team request

Trump officials raised the idea of a deal between the two companies in recent meetings with the Taiwanese chipmaker

Trump's latest tariff plan threatens UK with $20 billion hit

WORLD

Trump's latest tariff plan threatens UK with $20 billion hit

The UK’s softly-softly approach could become more difficult to maintain if the US imposes large tariffs.

Saudi prince steps in as power broker in Trump’s new world order

WORLD

Saudi prince steps in as power broker in Trump’s new world order

The 39-year-old’s ties with Trump highlight his transformation from international pariah in the wake of the killing of Washington Post columnist Jamal Khashoggi in 2018 to potential peacemaker now.

Zelensky ready for direct talks with Russia to end Ukraine conflict as part of Trump's plan

WORLD

Zelensky ready for direct talks with Russia to end Ukraine conflict as part of Trump's plan

The comments came as US, European and Ukrainian negotiators positioned themselves for talks between Trump and Putin.

Modi-Trump meet: India to boost oil, LNG imports from US to avoid tariffs

BUSINESS

Modi-Trump meet: India to boost oil, LNG imports from US to avoid tariffs

State-owned companies attending the India Energy Week conference in New Delhi this week said they would look to buy more US crude and LNG

White House bars AP reporter for third day in 'Gulf of America' flap

WORLD

White House bars AP reporter for third day in 'Gulf of America' flap

"It is a plain violation of the First Amendment, and we urge the Trump administration in the strongest terms to stop this practice," the AP said Thursday in a statement.

Asian stocks gain as tariff timeline lifts mood

BUSINESS

Asian stocks gain as tariff timeline lifts mood

Shares in Australia and Japan and equity index futures for Hong Kong all advanced, indicating a region-wide stock gauge may climb for a third day

Dollar falls as Trump says countries face reciprocal tariffs

WORLD

Dollar falls as Trump says countries face reciprocal tariffs

Tariff-related news have been a drag on emerging-market currencies, which rose broadly after the announcement.

Bonds rally on Trump tariff vows, hint of benign US inflation

WORLD

Bonds rally on Trump tariff vows, hint of benign US inflation

The advance on Thursday pushed longer-dated yields lower by more than 10 basis points on future growth concerns as the US president signed a measure to propose reciprocal tariffs on a country-by-country basis.

S&P 500 rises 1% as dollar falls on Trump tariff delay

WORLD

S&P 500 rises 1% as dollar falls on Trump tariff delay

The president’s decision not to implement tariffs right away could be seen as an opening bid for negotiation.

Trump moves to impose reciprocal tariffs as soon as April: 'Country-by-country basis'

WORLD

Trump moves to impose reciprocal tariffs as soon as April: 'Country-by-country basis'

The president on Thursday signed a measure directing the US Trade Representative and Commerce secretary to propose new levies on a country-by-country basis.

Putin can’t be trusted in a peace accord, Zelensky tells Trump

WORLD

Putin can’t be trusted in a peace accord, Zelensky tells Trump

Zelenskiy has previously said that NATO membership and US troops are essential to any effective security guarantee.

RFK Jr. confirmed as head of health and human services

WORLD

RFK Jr. confirmed as head of health and human services

Kennedy was approved largely along party lines, 52-48, after tense confirmation hearings in which he was questioned over the possibility he could dismantle America’s vaccine infrastructure and his flip on abortion policy.

Prudential is said to hire Citigroup for $1 billion India IPO

IPO

Prudential is said to hire Citigroup for $1 billion India IPO

Prudential’s shares closed at a seven-month high following the announcement. ICICI Bank has said it plans to retain its majority stake

India expects $200 million missile deal with Philippines this year: Report

COMPANIES

India expects $200 million missile deal with Philippines this year: Report

The Akash missile system developed by India's defence research body has drawn interest from the Philippines, which has told New Delhi it would make an order in the fiscal year that begins in April, said three sources

Trump’s plans to boost LNG will help India’s buyers, Gail says

BUSINESS

Trump’s plans to boost LNG will help India’s buyers, Gail says

Indian imports of the fuel peaked in 2020, and have struggled to rebound as prices surged following Russia’s invasion of Ukraine in 2022.

China tech stocks head for highest level since reopening rally

MARKETS

China tech stocks head for highest level since reopening rally

The gauge tracking Chinese technology companies listed in Hong Kong rose as much as 2.3% on Thursday

Morgan Stanley set to sell $3 billion of X debt at no discount

WORLD

Morgan Stanley set to sell $3 billion of X debt at no discount

The bank plans to sell the senior secured term loan, which carries a fixed rate of 9.5%, at no discount to face value

Bond selloff steadies in Asia after hot US inflation

MARKETS

Bond selloff steadies in Asia after hot US inflation

The US 10-year yield was little changed around 4.62% early Thursday, while Australian and New Zealand yields advanced

Hegseth says NATO membership not realistic for Ukraine

WORLD

Hegseth says NATO membership not realistic for Ukraine

Hegseth also said Wednesday that US troops won’t be deployed to Ukraine as any part of security guarantees and that it’s not feasible to return Ukraine to its pre-2014 borders, before Russia’s invasion of Crimea.

Trump calls for lowering interest rates as Powell heads to Hill

BUSINESS

Trump calls for lowering interest rates as Powell heads to Hill

While presidents traditionally refrain from commenting on the bank’s policymaking, Trump has regularly weighed in on the central bank’s handling of interest rates, frequently jabbing at Powell during his first term in the White House.

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