
U.S. and Switzerland in Talks to Cut 39% Tariff on Swiss Exports
Nov 11, 2025 00:53 am UTC| Politics Economy
The United States and Switzerland are working toward a new trade agreement that could lower the steep 39% tariff currently imposed on Swiss exports to the U.S., President Donald Trump announced on Monday. While no specific...

Japan Faces Soaring Rice Prices as Inflation Outpaces Wage Growth
Nov 11, 2025 00:51 am UTC| Economy
At a farmers market near Tokyo, over a hundred shoppers queued for a chance to scoop up a kilo of rice for just 500 yen ($3.32), around 40% cheaper than the average retail price. The event, while promotional, highlights...

Wall Street Rallies as AI Stocks Surge and U.S. Government Shutdown Nears End
Nov 11, 2025 00:32 am UTC| Economy
Wall Street closed sharply higher on Monday, driven by strong rebounds in major artificial intelligence (AI) and technology stocks, as hopes grew that Washington was nearing a resolution to the record-breaking U.S....

U.S. Government Shutdown Nears End as Senate Advances Funding Deal
Nov 11, 2025 00:30 am UTC| Politics Economy
The longest U.S. government shutdown in history may soon end after the Senate advanced a compromise bill late Sunday to restore federal funding. The measure, which passed an initial hurdle, would reopen agencies that lost...

Australian Consumer Confidence Surges to Seven-Year High in November
Nov 11, 2025 00:23 am UTC| Economy
Australian consumer sentiment surged in November, signaling renewed optimism about the nations economic outlook and household finances. According to the latest Westpac-Melbourne Institute survey, the consumer sentiment...

Morgan Stanley Sees December Fed Rate Cut Amid Delayed Economic Data After Shutdown
Nov 11, 2025 00:17 am UTC| Economy Insights & Views
With the record-long U.S. government shutdown expected to end this week, Wall Street is turning its attention to the long-delayed release of key economic reportsparticularly the September jobs data. According to Morgan...

China Temporarily Lifts Sanctions on U.S.-Linked Hanwha Ocean Subsidiaries
Nov 10, 2025 06:55 am UTC| Economy Business Governance Politics
Chinas Ministry of Commerce announced on Monday that it will suspend sanctions on subsidiaries of South Koreas Hanwha Ocean Co. Ltd that have ties to the United States. The sanctions, originally imposed on October 14, are...