China

US, China to hold talks in Switzerland amid Trump’s trade war

US Treasury Secretary Scott Bessent says Washington does not wish to decouple from China but wants ‘fair trade’. The United States and China will hold trade talks in Switzerland this week, officials have said, as the world’s two largest economies seek to de-escalate tensions that have led to a de facto mutual trade embargo. The […]

Pakistan urges Trump to step in as peacemaker as tensions with India rise

Pakistan has reportedly urged the President of the United States, Donald Trump, to help defuse tensions with India in the aftermath of the Pahalgam terror attack. Pakistan's ambassador to the US, Rizwan Saed Sheikh, has reached out to Donald Trump In an interview with Newsweek magazine, Pakistan’s ambassador to the United States, Rizwan Saeed Sheikh, […]

Exclusive: Air India sees Pakistan airspace ban costing it $600 million over 12 months, seeks aid

Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. REUTERS/Toby Melville/File Photo Purchase Licensing Rights , opens new tab Summary Companies India, Pakistan tensions taking toll on aviation sector Pakistan airspace ban hits Indian carriers with longer routes Air India pushes government to […]

US Stocks Jump on Strong Tech Earnings

Wall Street opened May on a strong note, with the S&P 500 rising 0.9%, the Dow Jones gaining 200 points, and the Nasdaq advancing 1.5%, supported by upbeat earnings from tech giants and optimism over global trade negotiations. Microsoft shares jumped 9% after the company projected stronger-than-expected growth for its Azure cloud business, while Meta […]

5 Sector ETFs That Beat the Market in April

April was marked by wild swings for the U.S. stock market triggered by Trump’s aggressive tariff policies. The market took a steep dive in early April following the announcement of the so-called "Liberation Day" tariffs. The Dow Jones plummeted over 4,000 points in two days, marking a 9.5% decline. The S&P 500 and Nasdaq experienced […]

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