
Liechtenstein Moves to Rein in Russian-Linked Trusts Amid US Sanctions Pressure
May 30, 2025 06:38 am UTC| Politics Governance Economy
Liechtenstein is tightening oversight of hundreds of Russian-linked trusts left unmanaged after their directors resigned under mounting U.S. sanctions pressure. According to sources familiar with the matter, the small...

Trump Administration Weighs 15% Global Tariffs Under Existing Trade Law
May 30, 2025 06:25 am UTC| Politics Economy Governance
The Trump administration is exploring a temporary tariff measure that could impact vast portions of the global economy, according to a Wall Street Journal report citing sources familiar with the matter. The plan involves...

Asian Currencies Steady as Dollar Recovers Ahead of Key U.S. Inflation Data
May 30, 2025 06:08 am UTC| Economy
Asian currencies traded in tight ranges on Friday, while the U.S. dollar saw a modest rebound after a federal appeals court reinstated former President Donald Trumps tariffs, reversing an earlier trade court decision....

Oil Prices Slide on OPEC+ Supply Concerns and U.S. Tariff Uncertainty
May 30, 2025 06:06 am UTC| Economy
Oil prices extended losses on Friday, poised for a second consecutive weekly decline amid growing expectations of an OPEC+ production hike and renewed trade tensions following a court decision on U.S. tariffs. Brent crude...

Japan Pledges $1.06 Billion Aid Package to Support Bangladesh's Reform and Infrastructure
May 30, 2025 06:04 am UTC| Politics Economy
Japan has announced a $1.063 billion aid package for Bangladesh, reinforcing bilateral ties during a visit by interim Bangladeshi leader Muhammad Yunus to Tokyo. The assistance will support economic reforms, climate...

Gold Prices Slide as Strong Dollar and Tariff Uncertainty Weigh on Market
May 30, 2025 05:57 am UTC| Economy
Gold prices fell in Asian trading on Friday, pressured by a resilient U.S. dollar and mixed signals surrounding President Donald Trumps trade tariff agenda. Spot gold dropped 0.7% to $3,293.44 an ounce, while August gold...

U.S. Treasury Secretary Says Japan, Others Still Committed to Trade Talks Despite Tariff Ruling
May 30, 2025 00:18 am UTC| Politics Economy
U.S. Treasury Secretary Scott Bessent confirmed ongoing trade negotiations with key partners, including Japan, are progressing in good faith despite a recent trade court ruling against the Trump administrations latest...