Month: April 2025
Vance arrives in India, to hold talks with Modi under U.S. tariffs shadow
U.S. Vice President JD Vance arrives on April 21, 2025 in New Delhi, India. Vance will hold talks with Prime Minister Narendra Modi as India attempts to boosts ties with the Trump administration and avoid steep U.S. tariffs. Kenny Holston-Pool | Getty Images U.S. Vice President JD Vance began a four-day visit to India on […]
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CNBC Daily Open: Trump’s threat to intervene in Fed could cause upheaval
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Feb. 27, 2024. Morah Ratner | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans and […]
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Asia-Pacific markets trade mixed as China keeps benchmark lending rates steady
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets traded mixed Monday as China’s central bank held rates at a time when the yuan has come under pressure due to Beijing-Washington trade tensions. Mainland China’s CSI 300 rose 0.38% after the People’s Bank of China kept its key […]
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Hegseth shared information ahead of Yemen strikes in a Signal chat with wife and brother
Defense Secretary Pete Hegseth used his personal phone to send information about U.S. military operations in Yemen to a 13-person Signal group chat, including his wife and his brother, two sources with knowledge of the matter confirmed to NBC News. He did so after an aide had warned him to be careful not to share […]
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South Korea finds ‘Made in Korea’ breaches intended to bypass U.S. tariffs
South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, its customs agency said on Monday. Insung Jeon | Moment | Getty Images South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, […]
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China vows retaliation against countries that follow U.S. calls to isolate Beijing
Key Points China has warned it will retaliate against countries that cooperate with the U.S. in ways that compromise Beijing’s interests, according to a statement from the Chinese Ministry of Commerce. The threat comes as U.S. President Donald Trump’s administration is reportedly planning to use tariff negotiations to pressure U.S. partners to limit their dealings […]
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China keeps key lending rates steady in bid to shore up yuan as Trump tariffs pressure currency
The People’s Bank of China (PBOC) building in Beijing, China, on Thursday, Dec. 15, 2022. Bloomberg | Getty Images China expectedly kept its loan prime rates unchanged Monday, with the 1-year LPR at 3.1% and the 5-year at 3.6% as the central bank appears focused on stabilizing the yuan amid trade tensions with the U.S. […]
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China keeps key lending rates steady in bid to shore up yuan as Trump tariffs pressure currency
The People’s Bank of China (PBOC) building in Beijing, China, on Thursday, Dec. 15, 2022. Bloomberg | Getty Images China expectedly kept its loan prime rates unchanged Monday, with the 1-year LPR at 3.1% and the 5-year at 3.6% as the central bank appears focused on stabilizing the yuan amid trade tensions with the U.S. […]
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CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Thursday, Sept. 12, 2024. Stefani Reynolds | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans […]
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Salvadoran President Bukele proposes prisoner swap with Maduro for Venezuelan deportees
El Salvador’s President Nayib Bukele speaks during a news conference at The Presidential House, in San Salvador, El Salvador. Jose Cabezas | Reuters Salvadoran President Nayib Bukele proposed carrying out a prisoner swap with Venezuela on Sunday, suggesting he would exchange Venezuelan deportees from the United States his government has kept imprisoned for what he […]
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