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The Business Standard

Friday
May 16, 2025

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FRIDAY, MAY 16, 2025

World+Biz | USA | Asia | South Asia | Middle East | China | Europe | Africa | Global Economy

The US (L) and Japanese national flags are hoisted next to a traditional Okinawan Shisa statue at the US Marine's Camp Foster in Ginowan, on the southern island of Okinawa, Japan 18 June 2016. Photo: REUTERS
Global Economy

Japan's economy shrinks more than expected as US tariff hit looms

A man looks at an electronic board displaying sector performances related to Nikkei index outside a brokerage in Tokyo, Japan, May 13, 2025. Photo: REUTERS/Kim Kyung-Hoon
Global Economy

Shares up slightly, dollar struggles as investors consider tariff truce

Parcels waiting to be processed are seen through a glass as a delivery worker's reflection appears on it in a post office, as Hong Kong Post stops certain US-bound shipments since April 27 due to new US tariff rules, in Hong Kong, China, May 2, 2025. Photo: REUTERS/Tyrone Siu/File Photo
Global Economy

US slashes 'de minimis' tariff on small China parcels to as low as 30%

Labourers work at Hung Viet garment export factory in Hung Yen province, Vietnam December 30, 2020. Photo: REUTERS/Kham/File Photo
Global Economy

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, US, 17 November 2021. REUTERS/Andrew Kelly/File Photo
USA

Goldman Sachs cuts US recession odds to 35% from 45% on trade truce optimism

A mobile crane carries a container at Deendayal Port in Kandla, in the western state of Gujarat, India, April 5, 2025. Photo: REUTERS/Amit Dave/File Photo
Global Economy

India considers counter duties on US products, notice to WTO shows

Parcels waiting to be processed are seen through a glass as a delivery worker's reflection appears on it in a post office, as Hong Kong Post stops certain US-bound shipments since April 27 due to new US tariff rules, in Hong Kong, China, May 2, 2025. Photo: REUTERS/Tyrone Siu/File Photo
Global Economy

US to cut 'de minimis' tariff on China shipments, bolsters broader trade truce

Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025. Photo: REUTERS/Issei Kato/File Photo
Global Economy

Japan's finance minister wants to discuss forex with Bessent at G7

Pakistan Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 25, 2025. Photo: REUTERS/Ken Cedeno/File Photo
South Asia

Conflict with India won't have large fiscal impact: Pakistan finance minister

People enjoy their time on a hill overlooking Yantian port in Shenzhen, Guangdong province, China May 9, 2025. Photo: REUTERS/Tingshu Wang
Global Economy

Global stocks rally after US, China pause tariff war, but uncertainty remains

Illustration of 3D-printed miniature model depicting Trump and the Chinese flag, April 17, 2025. Photo: REUTERS/Dado Ruvic
Global Economy

US, China agree to lower tariff levels for 90 days in major breakthrough

Chinese Foreign Minister Wang Yi and Venezuelan Foreign Minister Yvan Gil Pinto shake hands before their meeting at the Diaoyutai State Guesthouse in Beijing, China May 12, 2025. Photo: REUTERS/Florence Lo/Pool
China

China hosts Latin American, Caribbean nations amid US trade war talks

People enjoy their time on a hill overlooking Yantian port in Shenzhen, Guangdong province, China May 9, 2025. Photo: REUTERS/Tingshu Wang
Global Economy

Investors welcome news of progress in US-China trade talks; US stock futures rise

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