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
WORLD
'Improper ideology': Trump targets teachings on race, gender, directs Smithsonian sites to scrub content
Trump in his second term has targeted diversity, equity and inclusion initiatives in the government and private sector, as well as at cultural institutions
WORLD
Trump signs order against law firm that helped probe his Russia links
Trump is suspending security clearances for WilmerHale employees, restricting its access to federal buildings and ending government contracts that involve the law firm
WORLD
Asian stocks decline ahead of tariffs announcement
A regional gauge of equities fell 0.8% with indexes in Japan and South Korea declining after both the S&P 500 and Nasdaq 100 slipped
WORLD
More tariffs if Canada and Europe work against US: Donald Trump
Donald Trump imposed 25% tariffs on imports from Mexico and Canada earlier in March but delayed those for a month on goods — including automobiles and parts — that are covered by the North American trade deal USMCA.
BUSINESS
Germany got $1 trillion for free, Deutsche Bank chairman says
Now it needs to spend the money wisely and advance structural reforms to ensure it stays that way, Wynaendts said on Thursday at a panel discussion organized by the Institute of International Finance.
WORLD
US economy grew 2.4% last quarter, faster than previous estimate
The government’s other main gauge of economic activity — gross domestic income — rose 4.5% after a 1.4% increase in the third quarter
COMPANIES
Adani restores power supply to Bangladesh as payments resume
Data from Bangladesh Power Development Board shows Adani increased power supply more than two weeks ago
BUSINESS
RBI to meet bankers next week to discuss new liquidity model
The Reserve Bank of India is scheduled to meet bank economists on April 3 to take feedback on proposed revisions
