Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
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
President Donald Trump warned Tuesday at the UN General Assembly that the U.S. is prepared for a "very strong round of powerful tariffs" if Russia does not agree to end the war in Ukraine. He criticized European nations for continuing to purchase Russian energy, saying, "They are funding the war against themselves," and argued that the EU must join Washington in imposing tariffs for them to be effective. While Europe has reduced Russian energy imports since the war began, Hungary and Slovakia remain key buyers of oil, and France, Belgium, and Spain still import natural gas, albeit at lower...
US President Donald Trump warned Russia on Tuesday that he was prepared to impose strong economic measures if it failed to end the war in Ukraine, and rejected global moves to recognize the state of Palestine in a bellicose speech before the UN General Assembly. In a wide-ranging foreign policy speech that included scathing criticism of the United Nations and European nations, Trump argued for lowering global migration and said world leaders must halt efforts to combat climate change, which he called the world's "biggest scam." Overall, the 56-minute speech was a rebuke of the world body...
The S&P Global US Manufacturing PMI eased to 52 in September 2025 from an over three-year high of 53 in August, in line with market forecasts, preliminary estimates showed. Output expanded for a fourth month, yet the increase was significantly softer than August's 39-month high. New orders increased for the ninth month but growth was only marginal, partly due to higher export losses from tariffs. Manufacturing job growth edged down, with input inventories rising at a softer pace. Meanwhile, lead times lengthened to the greatest degree in four months. On the price front, input prices...
A highly anticipated meeting between the U.S. and Chinese presidents is more likely to take place next year than this fall, U.S. Ambassador to China David Perdue said Tuesday. "We're looking forward to getting together, as President Trump said, and potentially in the near future, but certainly next year," Perdue said. His comments came during a press conference with a group of U.S. lawmakers on a rare visit to Beijing the first since 2019. After a call Friday with Chinese President Xi Jinping, U.S. President Donald Trump said on social media that the two agreed to meet around a...
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...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...