WORLD


Moneylife Digital Team 30 October 2025
In a significant breakthrough for global trade and technology supply chains, US president Donald Trump and Chinese president Xi Jinping have agreed on a one-year deal for the supply of crucial rare earth materials. This marks a major step towards easing years of escalating economic tensions...

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Moneylife Digital Team 09 September 2025
Nepal plunged deeper into political and security turmoil on Tuesday as prime minister (PM) KP Sharma Oli resigned under mounting pressure from Gen-Z-led protests that have rocked the country since Monday, leaving 19 people dead and sparking widespread violence in Kathmandu and beyond. Mr Oli...

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KBS Sidhu 25 July 2025
A done deal  With president Donald Trump proclaiming triumph and prime minister (PM) Shigeru Ishiba responding with measured restraint, the US and Japan have unveiled a headline-grabbing trade accord that cuts Washington’s threatened 25% across-the-board tariff on Japanese imports to a uniform...

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Moneylife Digital Team 07 July 2025
US president Donald Trump has issued a sharp warning to countries supporting the BRICS alliance, threatening an additional 10% on those he claims are aligning with the bloc’s 'anti-American policies.' The move escalates tensions as the 17th BRICS Summit takes place in Brazil, where the...

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Moneylife Digital Team 29 May 2025
Elon Musk has announced his departure from the Trump administration, stepping down from his role as a senior adviser and special government employee after months of controversy and internal clashes in Washington.   The billionaire chief executive officer (CEO) of Tesla and SpaceX confirmed...

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Last week, US president Donald Trump fired a salvo against Apple’s Tim Cook—demanding that iPhones be made in America, not India. This marks a fresh escalation in his 'America First' crusade. The outburst, laced with characteristic bluster, came despite Mr Cook’s earlier pledge of US$500bn...

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Moneylife Digital Team 19 May 2025
The International Monetary Fund (IMF) has imposed 11 additional conditions on Pakistan under its US$2.4bn (billion) loan programme, raising the total to 50 as the country seeks to secure further disbursements amid a precarious economic situation and rising geopolitical tensions. The fresh...

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Moneylife Digital Team 12 May 2025
In a significant development signalling a potential thaw in strained trade relations, US and China have signed a deal to roll back recently imposed tariffs for a 90-day period, beginning 14 May 2025. The announcement, made in Geneva following high-level trade talks, marks the first direct...

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Robert Faturechi (ProPublica) 12 May 2025
After President Donald Trump announced sweeping new tariffs earlier this month, the White House released a list of more than a thousand products that would be exempted.   One item that made the list is polyethylene terephthalate, more commonly known as PET resin, the thermoplastic used to...

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Moneylife Digital Team 11 May 2025
In a dramatic turn of events after weeks of escalating tensions, nuclear-armed neighbors India and Pakistan announced a ceasefire on 10 May 2025. That ceasefire was agreed upon and violated hours later. The agreement brought a halt at least for now to the deadliest military standoff between the...

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Jake Pearson (ProPublica) 09 May 2025
Last month, a Department of Government Efficiency aide at the nation’s consumer watchdog agency was told by ethics attorneys that he held stock in companies that employees are forbidden from owning — and was advised not to participate in any actions that could benefit him personally, according...

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SN Thyagarajan (Bar  and   Bench) 23 April 2025
Harvard University has filed a lawsuit against the United States Department of Health and Human Services (HHS) and other federal agencies, challenging the Trump administration’s decision to freeze $2.2 billion in federal funding.    The suit, filed in the US District Court in Massachusetts,...

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Moneylife Digital Team 05 March 2025
US president Donald Trump, in his first speech to a joint session of Congress on Wednesday, criticised India's import duties, describing them as ‘unfair’ and a contributor to global trade imbalances. President Trump announced that ‘reciprocal tariffs’ would be introduced from 2nd April 2025,...

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Moneylife Digital Team 28 October 2024
US-based short-seller Hindenburg Research, in its latest report, says Aaron Wagner, a social media financial influencer and a claimed successful entrepreneur managing US$1bn (billion) in investor assets has misappropriated significant investor capital, using it to pay off other investors and to...

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Moneylife Digital Team 02 October 2024
The Indian financial market is gearing up for a surge in initial public offerings (IPOs) in the coming months, with the Securities and Exchange Board of India (SEBI) approving several large-scale IPOs during the ongoing festival season. Among the most significant is Hyundai Motor India's...

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Moneylife Digital Team 11 August 2024
In a stunning allegation, US-based short seller Hindenburg Research claims that SEBI chairperson Madhabi Puri Buch had a stake in obscure offshore entities used in the Adani money siphoning scandal. Ms Buch, however, 'strongly' denied the 'baseless' allegations and insinuations made in the...

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Moneylife Digital Team 25 March 2023
On 19 March 2023, the Swiss national bank announced that UBS will buy the crisis-hit Credit Suisse for US$3.3bn (billion). The historic government-engineered deal came through as UBS struck the deal to buy Credit Suisse in a share deal that imposed 89% losses on the Credit Suisse...

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Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has announced.   On Friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence and that a swift and stabilising solution was...

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Central banks have moved globally to keep credit flowing after an unsettled period in the US banking sector and the Credit Suisse merger.   Six central banks, including the Bank of England, announced they would boost the flow of US dollars through the global financial system, the BBC...

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IANS 17 February 2023
One of China's most high-profile investment bankers has gone missing, his company has reported, the media reported.   Bao Fan, the chief executive of China Renaissance Holdings, had not been able to be reached in recent days, the firm said in a market update on Thursday, BBC...

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