Global Economy | The Business Standard

Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. Photo: REUTERS/Jon Nazca/ File Photo

Global Economy

Maersk warns global container volumes could drop due to trade war

Trade tariffs imposed by US President Donald Trump have prompted companies worldwide to cut sales targets and major economies to revise down growth prospects, impacting demand for shipping goods at...

US President Donald Trump takes questions from the media following former US Senator David Perdue's swearing-in ceremony to be the new US ambassador to China, at the White House in Washington, DC, US, May 7, 2025. Photo: REUTERS/Leah Millis/File Photo

USA

US, Britain to announce trade deal on Thursday: NYT

Global Economy

18 industries that could reshape the global economy

FILE PHOTO: A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas

South Asia

Indian shares set for muted start amid India-Pakistan tensions

US Federal Reserve Chair Jerome Powell speaks at a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, DC, US, March 19, 2025. REUTERS/Nathan Howard/File Photo

USA

Fed sees rising risks to economy as it leaves rates unchanged

Britain's Secretary of State for Business and Trade Jonathan Reynolds meets Indian Minister of Commerce and Industry Piyush Goyal for trade talks, in London, Britain, April 28, 2025. Photo: Department for Business and Trade/Handout via REUTERS

Global Economy

Britain and India clinch major trade deal in 'new era' of Trump tariffs

Asian Development Bank (ADB) headquarters in Manila. Photo: Collected

Global Economy

ADB to mobilise up to $2.75b of pvt capital through global insurer partnership

49-year-old Christopher Obinya who retrieved his grandfather's cocoa farm from a cropper who had been leasing it, inspects it during a visit to the farm in Ikom community, in Cross River State, Nigeria, April 24, 2025. Photo: REUTERS/Sodiq Adelakun

Africa

'Cocoa boys' flock to Nigerian farmlands, drawn by high prices

Asia

Japan, China, South Korea, ASEAN enhance regional financial safety net

People walk on the esplanade of La Defense in the financial and business district of La Defense, near Paris, France, January 27, 2025. Photo: REUTERS/Sarah Meyssonnier/File Photo

Global Economy

Global economy already feeling drag from Trump tariffs

A drone view shows containers at the terminals at the port in Kwai Chung in Hong Kong, China, April 3, 2025. Photo: Reuters

USA

Trump says he wants a fair trade deal with China

South Asia

Samsung fights $520 million India tax demand, points to Reliance practice

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo

Global Economy

Shell is studying merits of buying BP: Bloomberg