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Indonesia plans to import more from the U.S. to 'narrow' trade surplus, finance minister says
Indonesia plans to reduce or eliminate its trade surplus with the U.S., finance minister Sri Mulyani Indrawati said.
Published on: April 24, 2025 | Source:
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Fewer Americans are planning summer vacations. Travel costs aren't the top reason
People who aren't planning to travel this summer say the cost of everyday life (68%) is a bigger issue than travel expenses (64%), according to a new survey.
Published on: April 24, 2025 | Source:Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
J.P. Morgan expects the yellow metal to average $3,675 per ounce by the fourth quarter of 2025, and reach $4,000 by the second quarter of 2026.
Published on: April 24, 2025 | Source:Tariffs will harm us all, European officials warn β with more work needed to reach a trade deal
European officials say they're optimistic a trade deal can be reached with President Donald Trump, warning of significant harm to both sides if it isn't.
Published on: April 24, 2025 | Source:CNBC Daily Open: Trump blinks first in trade war he started
The president's softer tone toward China, despite no formal talks, was a stark contrast to his more combative rhetoric earlier in April.
Published on: April 24, 2025 | Source:Japan is wooing retail investors by lowering entry barriers to investing in this stock market
Japan's Tokyo Stock Exchange is asking listed companies to reduce their minimum investment thresholds to attract smaller retail investments.
Published on: April 24, 2025 | Source:Nvidia supplier SK Hynix warns of demand volatility after quarterly profit soars 158% on AI boom
The company warned that macroeconomic uncertainties including tariff policy have created demand volatility that will impact the second half of the year.
Published on: April 24, 2025 | Source:South Korea's quarterly GDP contracts for the first time in four years as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year on year.
Published on: April 24, 2025 | Source:More travelers are using βbuy now, pay laterβ plans to pay for trips. Here's when it may make sense
The BNPL model β which allows buyers to pay in installments, sometimes with no interest or late fees β is gaining traction among young, cash-strapped travelers.
Published on: April 24, 2025 | Source:SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
The company warned that macroeconomic uncertainties including tariff policy have created demand volatility that will impact the second half of the year.
Published on: April 24, 2025 | Source:South Korea's first-quarter GDP contracts 0.1% as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year on year.
Published on: April 24, 2025 | Source:Trump accuses US universities of violating foreign donation laws
President signs executive orders to enforce existing rule on gifts and overhaul university accreditation
Published on: April 23, 2025 | Source:UK to announce final go-ahead for flagship carbon capture project
The HyNet North West industrial cluster will be confirmed at a two-day energy security summit in London
Published on: April 23, 2025 | Source:Trump attacks Ukraine for not recognising Russian occupation of Crimea
US president says Kyivβs position is βvery harmful to the peace negotiations with Russiaβ
Published on: April 23, 2025 | Source:Bessent warns mutual de-escalation required in US-China trade war
Treasury secretary denies reports Washington will make unilateral cuts to tariffs
Published on: April 23, 2025 | Source:IBM beats on earnings and revenue, maintains full-year guidance
IBM is sticking with its expectations for 2025 despite a "fluid" economic environment.
Published on: April 23, 2025 | Source:Google forcing some remote workers to come back 3 days a week or lose their jobs
Several units within Google have told remote staffers that their roles may be at risk if they don't start showing up at the office for a hybrid work schedule.
Published on: April 23, 2025 | Source:FirstFT: India downgrades relations with Pakistan
Also in todayβs newsletter, Trump criticises Ukraine over peace talks, and the Treasury secretaryβs remarks on the US-China trade war
Published on: April 23, 2025 | Source:Trumpβs memecoin surges as holders compete for dinner with US president
The top 25 owners will be invited to a reception and VIP tour of the White House
Published on: April 23, 2025 | Source:Trump to exempt carmakers from some US tariffs
Presidentβs latest retreat follows intense lobbying by industry executives
Published on: April 23, 2025 | Source:Jordan bans Muslim Brotherhood in crackdown
Move after alleged plot to carry out attacks threatens future of Islamist groupβs political arm, the Islamic Action Front
Published on: April 23, 2025 | Source:ExxonMobil beats Occidental in US lithium race
Saltwerx subsidiary wins fight with Occidental over mineral rights in Arkansasβ Smackover formation
Published on: April 23, 2025 | Source:US stocks end higher after Trump soothes Fed independence worries
Wall Street stages relief rally after president says he has no plans to fire Jay Powell
Published on: April 23, 2025 | Source:Bailey says BoE must βtake seriouslyβ risk to growth from Trump tariffs
Bank of England governor signals that central bank is likely to cut UK interest rates next month in response to uncertainty
Published on: April 23, 2025 | Source:Should investors spend the trade war in India?
Mumbai may be a haven, but it is not a safe one
Published on: April 23, 2025 | Source:Treasury Sec. Bessent says China, U.S. have 'opportunity for a big deal' on trade
Bessent named-checked Bridgewater founder Ray Dalio, who recently expressed fears of a sharp fallout from President Donald Trump's tariff policies.
Published on: April 23, 2025 | Source:China to lift sanctions on MEPs in bid to revive trade deal with EU
Beijing steps up efforts to woo Brussels as 145% tariffs imposed by the US seal off its biggest market
Published on: April 23, 2025 | Source:Reeves opens door to cutting US car import tariffs in UK trade talks
Chancellor says a deal βcan be doneβ with Washington but insists Britain will not lower food or auto standards
Published on: April 23, 2025 | Source:Meloniβs meddling in Italian bank M&A is sadly on-trend
Repercussions of the Italian governmentβs actions are likely to be relatively contained
Published on: April 23, 2025 | Source:India downgrades ties with Pakistan over alleged role in Kashmir attack
New Delhi suspends participation in water treaty as concern grows over potential clash with nuclear-armed neighbour
Published on: April 23, 2025 | Source:UK examines ending low value import scheme over βdumpingβ of goods
Review part of package of measures aimed at guarding against Chinese products being diverted to Britain
Published on: April 23, 2025 | Source:Citi to close MΓ‘laga office that promised bankers better work-life balance
The US lender told the FT it was shutting its Spanish Costa del Sol office as part of a strategy to βsimplify the firmβ
Published on: April 23, 2025 | Source:Boeing prepared to redirect orders destined for Chinese carriers
CEO warns US aerospace group is βnot going to continue to build aeroplanes for customers who are not going to take themβ
Published on: April 23, 2025 | Source:Trump and the art of the retreat
Reputational damage to the Fed and US assets will not be easily reversed
Published on: April 23, 2025 | Source:Colombiaβs president is a drug addict, claims ex-minister
Former foreign minister says leftwing leader Petro disappeared for two days on official trip to France
Published on: April 23, 2025 | Source: