White House seeks $1.5 tn defense budget as Iran war drives costs
TLE DESK: US President Donald Trump asked lawmakers on Friday to approve a massive $1.5 trillion defense budget for 2027, as the United…
China’s Exports Slip 1.1% in October as Shipments to US Plunge 25%
China’s exports fell 1.1% year-on-year in October, dragged down by a sharp 25% drop in shipments to the United States, according to…
Germany’s US exports hit four-year low as tariffs bite
TLE DESK: German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President Donald…
Tough negotiations and uncertainty ahead of OPEC+ meeting
TLE DESK: Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in…
EU ban impact: India’s diesel exports to Europe skyrocket; 137% surge in August shipments
TLE DESK: The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s…
Italy’s MPS reaches threshold in bid for rival Mediobanca
TLE DESK: Italian bank Monte dei Paschi di Siena (MPS) has completed the first stage of its attack on rival Mediobanca, as it seeks to…
Judge overturns Trump funding cuts to Harvard
TLE DESK: A US judge ordered the Trump administration on Wednesday to overturn deep funding cuts to Harvard University that froze more than…
Asia markets down as gold hits fresh high
TLE DESK: Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe…
South Korea posts record semiconductor exports in August
TLE DESK: South Korea recorded its highest ever monthly semiconductor exports in August despite growing pressure from US tariffs and other…
‘Serious danger’ if Trump controls US monetary policy: ECB chief
TLE DESK: European Central Bank chief Christine Lagarde said Monday that it would be very dangerous for the global economy if US President…