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The Business Standard

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December 23, 2025

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TUESDAY, DECEMBER 23, 2025

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

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India Prime Minister Narendra Modi addresses the nation on 12 May 2025. Photo: Collected

India and New Zealand announce successful FTA agreement

The announcement was made by Indian Prime Minister Narendra Modi after a telephone conversation with his New Zealand counterpart Christopher Luxon

A cargo ship full of shipping containers is seen at the port of Oakland, California, US, August 4, 2025. Photo: REUTERS/Carlos Barria/File Photo

Trump shook up global trade this year; some uncertainty may persist in 2026

One-kilogram gold bullion bars lie on a surface at ABC Refinery in Sydney, Australia, October 13, 2025. Photo: REUTERS/Hollie Adams/File Photo

Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, US September 16, 2021. Photo: REUTERS/Rebecca Cook/File Photo

Ford's EV retreat highlights industry dilemma: Build for the US or the world?

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photo: REUTERS/Tatiana Meel

Oil rises as Venezuelan supply disruptions outweigh surplus concerns

Gantry cranes stand near shipping containers at Yangshan Port outside of Shanghai, China, February 7, 2025. Photo: REUTERS/Go Nakamura/File Photo

China to boost exports, imports in 2026, seeking 'sustainable' trade: official

Mexico’s President Claudia Sheinbaum speaks during a press conference, in Mexico City, Mexico, July 22, 2024. Photo: REUTERS/Luis Cortes/File Photo

After US, Mexico announces up to 50% tariffs on India

A general view of Hongkong International Terminals (HIT), owned by Hutchison Port Holdings, as part of the Kwai Tsing Container Terminals for transporting shipping containers in Hong Kong, China July 25, 2018/ Reuters

How China Inc is marching into Vietnam amid US tariffs​​​

EU and Chinese flags are seen in this illustration taken, March 20, 2025. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

EU firms in China accelerating supply chain diversification: Report

A drone view shows electric vehicles (EV) for export and containers sitting at a port in Shanghai, China April 13, 2025. Photo: China Daily via REUTERS

China surpasses $1 trillion trade surplus despite low exports to US

French President Emmanuel Macron, his wife Brigitte Macron, Chinese President Xi Jinping and his wife Peng Liyuan visit the Dujiangyan site, designated a Unesco World Heritage Site, in Dujiangyan, Sichuan province, on 5 December 2025. Photo: REUTERS/Sarah Meyssonnier/Pool

Xi woos Macron with sightseeing trip, but little in the way of deals

A woman holds a five-hundred-rupee currency note in the old quarters of Delhi, India, September 25, 2025. Photo: REUTERS/Bhawika Chhabra/File Photo

Rupee cracks below 90 to the dollar, hit by tariffs, capital outflows

Magnifier screens show chips at a booth in a mall of Huaqiangbei electronics market in Shenzhen, Guangdong province, China October 30, 2025. Photo: REUTERS/Tingshu Wang/File Photo

The AI frenzy is driving a memory chip supply crisis

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