Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's closest European allies. Poland, backed by aircraft from other NATO, shot down drones that had violated its airspace on Wednesday, the first time a member of the Western military alliance is known to have fired during Russia's war in Ukraine. Russia said its forces had been attacking Ukraine at the time and that it had not intended to hit any targets in Poland. Trump told reporters in Washington...
US President Donald Trump said he may need to let Ukraine and Russia "fight for a while" before brokering a peace deal and hinted he might be willing to impose new sanctions on the two countries if he decides the conflict is not going to end. "Sometimes you let them fight for a while," Trump said during a meeting with German Chancellor Friedrich Merz on Thursday. "You see it in hockey, you see it in sports, the referee lets them fight for a few seconds, lets them fight for a while before you pull them apart." Trump said he would be willing to punish both countries if he did not believe...
US President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks, and the American leader said they resolved a dispute over rare earth exports that has been at the heart of tensions between the world's two largest economies. Trump acknowledged Thursday that trade relations with China had "gotten off track a little bit" but said now "we're in very good shape with China and a trade deal." He posted earlier on social media that "there should be no more questions about the complexity of the rare earths." "We're getting some points straight, mostly with the rare earth...
The number of Americans filing for unemployment benefits rose to 247,000 in the week ending June 1, 2025. The figure was higher than the 236K estimate and from the previous weekly revised figure of 239K, the Labor Department said on Thursday (6/5). Source : Newsmaker
Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday that abandoning uranium enrichment was "100%" against the country's interests, rejecting a central U.S. demand in talks to resolve a decades-long dispute over Tehran's nuclear ambitions. The U.S. proposal for a new nuclear deal was presented to Iran on Saturday by Oman, which has mediated talks between Iranian Foreign Minister Abbas Araqchi and President Donald Trump's Middle East envoy, Steve Witkoff. After five rounds of talks, several hard-to-bridge issues remain, including Iran's insistence on maintaining uranium enrichment...
Industry executives are warning that U.S. President Donald Trump's recent 50% tariffs on aluminum imports may be too much for consumers to swallow and could destroy demand. "We're concerned about the potential demand destruction" of the levies, especially at current levels, Derek Prichett, senior vice president of global metals at Novelis Inc., said at the 17th Harbor Aluminum summit in Chicago. "Overall, it's a drag," Prichett said, adding that his company's Canadian-U.S. operations have been particularly affected by the tariffs. The Atlanta, Georgia-based company is the largest maker of...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's...