President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
President Donald Trump on Thursday signed an executive order approving a deal to keep TikTok operating in the U.S., with Vice President JD Vance saying it values the business at USD 14 billion. The plan, which still requires Beijing's approval, meets national security law requirements that force ByteDance to divest most of TikTok's U.S. operations or face a ban. A new joint venture will run the business, with ByteDance holding under 20%. Oracle, Silver Lake, and Abu Dhabi's MGX will control about 45%, while ByteDance investors and new stakeholders will take 35%, CNBC reported. Oracle will...
President Donald Trump announced Thursday that starting Oct. 1, the U.S. will impose new import tariffs: 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy trucks. He stated on social media that foreign manufacturers are "flooding the United States" with these products, prompting the need for tariffs "for National Security and other reasons." Trump emphasized that foreign-made heavy trucks and parts are harming domestic producers, framing the move as a protective measure for American industry. Source: Trading Economics
China would purchase U.S. soybeans if the United States removes what it calls "unreasonable tariffs" and creates conditions to support bilateral trade, a Chinese commerce ministry spokesperson said Thursday. Despite being the world's largest soybean buyer, China has yet to book U.S. cargoes from the autumn harvest, favoring South American supplies instead. Senior Chinese trade negotiator Li Chenggang recently met U.S. Midwest political and business leaders, signaling potential purchases ahead of broader trade talks. However, disagreements over technical details are complicating...
The U.S. economy grew by more than previously projected in the second quarter, fueled by an upward revision in consumer spending. U.S. gross domestic product, an indicator of growth in the world's biggest economy, expanded by 3.8% during the April to June period, according to the third and final estimate from the Commerce Department's Bureau of Economic Analysis on Thursday. A prior estimate had suggested that the U.S. economy grew by 3.3% in the second quarter, after contracting by 0.5% in the first quarter. The first estimate showed growth of 3.0%. Source : Investing.com
According to a report from the US Department of Labor released on Thursday (September 25), the number of Americans filing new applications for unemployment insurance rose to 218k for the week ending September 21. This latest figure is higher than expected and lower than the 232k in the previous week. Source: Newsmaker.id
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...