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Fed report spotlights strains felt by US businesses, households

Thursday, 4 September 2025 13:46 WIB | Economy

U.S. economic activity and employment were mostly little changed or unchanged in recent weeks while prices rose moderately or modestly, the Federal Reserve said on Wednesday, a mixed report that highlighted the impact of tariffs and other Trump administration policies on households and businesses...

Trump says he plans to hold talks on Ukraine in coming days

Thursday, 4 September 2025 08:56 WIB | Hangseng

U.S. President Donald Trump said on Wednesday he plans to hold talks about the war in Ukraine in coming days after his Alaska summit with Russian President Vladimir Putin in August failed to achieve a breakthrough. Trump has been frustrated at his inability to get a halt to the fighting, which...

Zelenskiy To Urge Allies To Put More Pressure On Russia As New Airstrikes Hit Ukraine

Thursday, 4 September 2025 01:04 WIB | Global economic

President Volodymyr Zelenskiy will urge stronger pressure on Moscow when he meets with allies in Denmark and France on Wednesday after Russian forces launched a massive airstrike on Ukraine, damaging energy and transport infrastructure. Russia launched more than 500 drones and dozens of missiles,...

Trump calls India-U.S. trade relationship ‘a totally one sided disaster’ after Modi visits China

Wednesday, 3 September 2025 13:31 WIB | Economy

U.S. President Donald Trump on Monday doubled down on his criticism of India, calling trade ties with the country “a totally one sided disaster!” after Indian Prime Minister Narendra Modi visited China to attend the Shanghai Cooperation Organization summit. Trump in a post on Truth Social also...

Fiscal jitters push Wall Street stocks down, European bond yields to multiyear highs

Wednesday, 3 September 2025 08:47 WIB | Fiscal & monetary

Global stocks fell and long-dated bond yields in Europe hit multiyear highs on Tuesday as investors grew increasingly worried about the state of finances in countries around the world, while the dollar gained, and gold touched a fresh record high. A divided U.S. appeals court ruled on Friday that...

Trump "very disappointed" in Putin, plans action on Ukraine war

Wednesday, 3 September 2025 08:39 WIB | Economy

U.S. President Donald Trump expressed disappointment with Russian President Vladimir Putin and indicated his administration plans to take action regarding casualties in the Ukraine war. "I am very disappointed in President Putin, I can say that, and we will be doing something to help people...

Xi Jinping Redraws the Geopolitical Map by Embracing Putin and Modi

Wednesday, 3 September 2025 01:47 WIB | Global economic

President Xi Jinping used a mix of friendliness and economic appeal this week to send a clear message to Donald Trump: Beijing has too much global influence for the US to dictate. Cameras captured the Chinese leader in a rare, unscripted meeting on Monday with Vladimir Putin and Narendra Modi –...

Trump’s global tariffs ruled illegal by US appeals court

Saturday, 30 August 2025 12:22 WIB | Economy

A U.S. appeals court ruled on Friday that most of President Donald Trump’s global tariffs were illegal, finding he exceeded his authority when imposing them. A panel of judges in Washington upheld an earlier decision by the Court of International Trade that Trump wrongfully invoked an emergency...

US-Venezuela tensions rise as US warships arrive in Southern Caribbean

Friday, 29 August 2025 14:20 WIB | Global economic

Tensions between the United States and Venezuela are rising amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels. U.S. President Donald Trump has made cracking down on drug cartels a central...

EU to scrap tariffs on US goods to pave way for lower car duties

Friday, 29 August 2025 10:35 WIB | Economy

The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for reduced U.S. tariffs on European cars, a key part of the trade agreement the EU and the United States struck last month. The proposals mark the EU’s first step in enacting the framework...

French political crisis carries steep economic risk, business leaders say

Thursday, 28 August 2025 11:25 WIB | Economy

The French prime minister’s decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties have said they will bring down the minority government in the September 8 vote which Prime...

Russia Attacks Ukrainian Energy Facilities In Six Regions, Officials Say

Thursday, 28 August 2025 01:26 WIB | Global economic

Russia launched a massive drone attack on energy and gas transportation infrastructure in six Ukrainian regions overnight, leaving more than 100,000 people without power, Ukrainian officials said on Wednesday (August 27). Russian forces significantly damaged gas transportation infrastructure in...

US Tariffs Impact USD 48.2 Billion of Indian Trade

Wednesday, 27 August 2025 19:48 WIB | Global economic

The Indian government estimates that the newly imposed 50% US tariff will affect exports worth USD 48.2 billion. Officials have warned that the additional duties could make shipments to the US commercially unviable, potentially leading to job losses and slower economic growth. To soften the...

Trump Challenges Cook’s Tenure, Fed Board at Stake

Wednesday, 27 August 2025 14:01 WIB | Global economic

U.S. President Donald Trump said he was ready for a legal battle after moving to oust Federal Reserve Governor Lisa Cook over allegations she falsified mortgage documents. Meanwhile, the central bank stated it would respect any court ruling in Cook’s legal challenge against her dismissal. Trump’s...

US Commerce Department affirms anti-dumping duties against 10 countries

Wednesday, 27 August 2025 10:41 WIB | Economy

The U.S. Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday after investigations into corrosion-resistant steel products. The determinations cover $2.9 billion in imports from Australia, Brazil, Canada, Mexico, the...

Trump Says US Has Much Bigger Leverage Over China on Magnets

Tuesday, 26 August 2025 16:57 WIB | Global economic

President Donald Trump said the US has more leverage over China on trade than the other way around, citing airplane parts as a key item Washington has to counter Beijing’s restrictions on rare earths. “We have much bigger and better cards than they do,” he said Monday. “If I...

Trump fires Fed Governor Cook, effective immediately

Tuesday, 26 August 2025 14:27 WIB | Global economic

U.S. President Donald Trump said on Monday evening that Federal Reserve Governor Lisa Cook was to be removed from her post, effective immediately, alleging that she made false statements in two mortgage applications. Trump, in a letter released to social media, said that there is “sufficient...

Trump says he would like to meet with North Korea’s Kim Jong Un this year

Tuesday, 26 August 2025 10:21 WIB | Economy

U.S. President Donald Trump expressed his desire to meet with North Korean leader Kim Jong Un this year. Speaking to reporters on Monday before a meeting with South Korean President Lee Jae Myung at the White House, Trump highlighted his relationship with the North Korean leader. "I have a very...

Donald Trump refreshes China tariff threats during Korea statements

Tuesday, 26 August 2025 08:22 WIB | Economy

United States (US) President Donald Trump swung for the fences on Monday, touching on a broad range of subjects during a joint press conference with South Korean President Lee Jae Myung. In between delivering remarks on the Korean peninsula, Donald Trump fashioned himself as the ultimate peace...

Israel hits Gaza hospital, killing at least 15 people, including journalists

Tuesday, 26 August 2025 01:24 WIB | Global economic

Israeli strikes on Nasser hospital in Gaza on Monday killed at least 15 people, including four journalists, one of whom worked for Reuters, Palestinian health officials said. Cameraman Hussam al-Masri, a Reuters contractor, was killed in the first strike, according to the officials. Photographer...

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