International Business

How China is scaling up Russian oil orders as Trump turns the screws on India

China is increasing its purchases of Russian crude, which was once destined for India, as US President Donald Trump’s tariff offensive forces New Delhi to scale back its imports. With Beijing securing at least 15 cargoes for October and November delivery, the shift shows how much Russia is dependent on Asian buyers

US Tariffs: Why is Trump going soft on China but playing hardball with India?

US President Donald Trump has extended a tariff truce with China while imposing steep duties on India over its Russian oil imports. The US continues to negotiate with Beijing to avoid economic disruption, yet New Delhi faces a combined 50 per cent tariff burden — a starkly different trade approach towards the two major partners

The case of Bao Fan, China's star banker released from detention after 2 years

Bao Fan, founder of China Renaissance and one of China’s most influential dealmakers, has been released after over two years in detention. His disappearance in 2023 shocked the business community and rattled markets. While his return has boosted investor sentiment, questions remain over the opaque investigation

Who is Stephen Miran, Trump’s short-term Fed pick?

US President Trump has appointed economist Stephen Miran to the Federal Reserve Board for a short-term role lasting until January 2026. A staunch advocate of tariffs and rate cuts, Miran's nomination could influence future monetary policy as Trump looks to reshape the Fed’s direction — especially with Fed chair Jerome Powell’s term set to expire in May 2026

Textiles, gems, chemicals... The sectors most affected by Trump's 50% tariffs on India

As the US enforces a 25 per cent tariff on Indian goods and an additional 25 per cent later, major export sectors like textiles, gems, chemicals, and seafood are facing unprecedented cost burdens. With Washington targeting India over its Russian oil ties, exporters fear job losses, declining orders and global market displacement

Why are UK civil servants earning more than Prime Minister Keir Starmer?

In just two years, the number of UK civil servants earning more than the prime minister has more than doubled — a result of inflation-linked raises, Treasury policy shifts, and rising demand for tech and security experts. Over 400 civil servants are now paid more than Keir Starmer

What does US import from Russia as Trump rants about India's oil trade?

As Trump threatens steep tariffs on India over its Russian oil imports, data reveals the US quietly continues to import billions worth of palladium, uranium, and fertilisers from Russia. While Washington criticises New Delhi’s energy ties with Moscow, its own trade in strategic commodities with Russia raises questions about economic double standards

Has India really stopped buying oil from Russia as Trump claims?

US President Donald Trump says India 'is no longer going to be buying oil from Russia', calling it a 'good step' if true. But Indian officials deny knowledge of any halt, while reports suggest some state refiners briefly paused purchases

Trump new tariffs: How India stacks up against rest of Asia

US President Donald Trump’s sweeping new tariffs — reaching up to 41 per cent — have redrawn global trade lines. India now faces a 25 per cent duty as negotiations stall, while Japan, Thailand and others negotiated reductions. With Asian markets wobbling and currencies sliding, what’s next for the region?

Trump’s tariffs and Russia penalty: How much does India depend on Moscow?

US President Donald Trump has slapped 25 per cent tariffs on Indian goods, citing trade deficits and India’s deepening energy and defence ties with Russia. With talk of an added 'penalty' for Moscow links, India faces one of its toughest balancing acts yet — defending vital oil and arms imports while safeguarding its US trade relationship

What do Trump's 25% tariffs mean for India?

India will face steep tariffs of up to 25 per cent as trade talks with Washington stall ahead of the August 1 deadline set by US President Donald Trump. Negotiations are dragging and key players in pharma, auto and electronics are on edge

Tariff tracker: Can key nations strike tariff deals with the US before August 1 deadline?

US tariff negotiations have heated, as the August 1 deadline looms, with countries scrambling to avoid steep new duties. Deals with the EU, Japan and others have been struck, but talks with South Korea, India, Taiwan, Canada, Mexico and Brazil remain fraught

Vy Capital and Elon Musk: What is the secretive investment firm behind the tech billionaire?

With a skeleton crew and zero fanfare, Vy Capital quietly became one of Elon Musk’s biggest financial backers — funding SpaceX, xAI, Neuralink, and Twitter (now X). Now, the $15 billion firm is shutting its doors to outside investors. Who are the power players behind Vy, and why have they stayed so silent?

From Canada to every corner of Asia: Which countries have received Trump's tariff letters?

Over 20 nations — from economic allies like Canada and Japan to developing economies such as Cambodia and Sri Lanka — have received letters from Donald Trump threatening steep tariffs by August 1. With rates reaching as high as 50 per cent, countries are rushing to negotiate new trade terms, while the US President warns against retaliation or attempts to bypass duties