WORLD
US senator attacks Trump, Musk's policies in record-long speech. It lasted for over 24 hours
The speech broke a record set by Senator Strom Thurmond, a South Carolina Democrat, who spoke for 24 hours and 18 minutes
BUSINESS
Pro-Trump Newsmax more valuable than Fox News owner after 2,230% IPO pop
The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times.
WORLD
Big oil morphs into big gas in China as EVs slash fuel demand
The nation’s gas output is poised to surpass that of crude oil for the first time this year
BUSINESS
Bankers get boost in Asia Pacific as M&A growth tops US, Europe
The volume of mergers and acquisitions in APAC is up 19% from the first quarter last year
WORLD
Investors tread warily in Asia as Trump's tariff clock counts down
Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies
BUSINESS
Trump's tariff plans still in limbo ahead of Rose Garden event
Under the two-tiered approach, the highest levies would be applied to the countries perceived as the biggest offenders, both in terms of true tariffs as well as easily quantifiable non-tariff measures that act to deter US imports.
AUTOMOBILE
Tesla to report sales as it faces Elon Musk backlash, overseas delivery woes
If that 390,000-vehicle estimate holds when Tesla reports production and delivery figures Wednesday, it would represent its worst quarter in a year
WORLD
US manufacturing activity shrinks for first time this year
The Institute for Supply Management’s manufacturing index declined 1.3 points last month to 49, according to data released Tuesday
WORLD
Fewer US job openings, layoffs unchanged in slowing labour market
The number of available positions decreased to 7.57 million from a revised 7.76 million reading in January
MARKETS
RBI cash injections help wipe out record India cash crunch
The surplus, measured through banks deploying excess funds with the Reserve Bank of India, was at Rs 71,700 crore ($8.4 billion) as of March 29
WORLD
Trump’s pharma threats take tariffs into uncharted territory
On Friday, the president said specific pharma tariffs were coming “soon.”
WORLD
US automakers make mad dash to push Trump to temper tariffs
Ford Motor, General Motors and Chrysler parent Stellantis NV are lobbying the administration to exclude certain low-cost car components from the planned tariffs
INDIA
China ready to buy more products from India as US tariffs loom
US President Trump, who is set to roll out reciprocal tariffs Wednesday on countries around the world, has called out China and India for trade practices that he sees as unfair
BUSINESS
Trump to unveil country-based tariffs April 2 in Rose Garden
Treasury Secretary Scott Bessent said in a Fox News interview Monday that the tariff announcement would be at 3 pm Washington time.
BUSINESS
Asian shares rise, futures drop as tariffs near
While Asian shares rose for the first time in four days, US equity-index futures declined, showing markets remain under pressure.
BUSINESS
Goldman slashes S&P 500 target for second time on growth risk
The new target implies gains of just 2% from the S&P 500’s Friday close, and is among the lowest on Wall Street, according to data compiled by Bloomberg.
BUSINESS
Stock slump deepens, bonds rise as traders de-risk
Benchmarks in Japan, South Korea and Australia fell, as did S&P 500 futures, amid initial signs that trade wars are beginning to affect the world’s biggest economy.
WORLD
Trump won’t rule out seeking third term, says there are ways
“I’m not joking,” Trump said. “But I’m not — it is far too early to think about it.”
WORLD
Hegseth says US is upgrading Japan ops to war-fighting command
While Japan is increasing its defense spending, it continues to rely heavily on the US for its security as it faces threats from China and North Korea.
BUSINESS
US consumer spending barely rises, key inflation gauge picks up
Inflation-adjusted consumer spending edged up 0.1% after falling in January by the most in nearly four years, which economists blamed on bad weather, according to Bureau of Economic Analysis data out Friday.
INDIA
India bars oil tanker hauling Russian crude on documents lapse
India emerged as a vital destination for Russian seaborne crude shipments after Moscow’s invasion of Ukraine in 2022
INDIA
India’s heat waves fuel air conditioner sales, defying consumer slowdown
Despite regular heat waves, very few Indian households have an air conditioner — just 10% compared with 68% of Chinese and 38% of Thai homes
WORLD
Xi meets global business leaders as China seeks to woo investors
Xi sat down with representatives of international industrial and business firms at the Great Hall of the People on Friday morning
WORLD
Elon Musk says DOGE aims to finish $1 trillion in cuts by end of May
Musk said he believes that his Department of Government Efficiency can find that level of cost savings within 130 days from the start of Trump’s term
