In a significant and surprising escalation of his protectionist trade agenda, President Donald Trump has announced that all medium- and heavy-duty trucks imported into the United States will be hit with a crushing 25 percent tariff starting November 1. The move, which the president says is necessary to protect American…

China, the world’s largest crude oil buyer, is dramatically expanding its strategic petroleum reserves, with 11 new sites slated for construction this year and next, signaling an intensified effort by Beijing to secure its energy supply.Of the 11 sites, three are located inland in northern Shaanxi province and southwest Yunnan,…

A day of high political drama is unfolding in the heart of Europe, as a government in Paris teeters on the brink of collapse, sending a chill through a market already grappling with signs of a deepening economic slowdown. European stocks opened to a mixed and hesitant picture on Tuesday,…

Young people across Asia are facing growing struggles in securing decent employment, with millions trapped in low-paying, unstable jobs that offer little room for advancement. A new World Bank report released this week warns that this imbalance could threaten economic progress and social cohesion, as frustrations over inequality and job…

The World Bank has raised its 2025 growth forecast for China, signalling renewed confidence in the world’s second-largest economy amid ongoing trade tensions and domestic challenges. The institution now expects China’s gross domestic product to grow 4.8% next year, up from 4% in its April projection, aligning more closely with…

Shares of US-listed Canadian explorer Trilogy Metals surged as much as 205% in premarket trading on Tuesday after the White House said it would acquire a 10% stake in the company. The move marks a significant step in the Trump administration’s strategy to secure supplies of critical minerals and reduce…

Adani Enterprises’ defence wing, Adani Defence Systems and Technologies, has found itself in hot water again, this time over allegations of import tax evasion related to missile parts.According to an exclusive report by Reuters, India’s Directorate of Revenue Intelligence (DRI) began investigating the matter in March 2025, following claims that…

Despite India’s push for clean energy, state electricity distributors are entering into long-term agreements with coal-fired power generators. This move is aimed at addressing an anticipated increase in evening electricity demand.Uttar Pradesh, India’s most populous state, and eastern Assam, which recently discontinued clean energy incentives, are both seeking to finalise…

The 2025 Nobel Prize in Physics has been awarded to John Clarke, Michel H. Devoret, and John M. Martinis for discoveries that brought quantum mechanics from theory to tangible circuits. Their work on macroscopic quantum mechanical tunnelling and energy quantisation in electric circuits has set the foundation for next-generation technologies…