
U.S. Proposes New Tariffs on Imports From 60 Economies Over Forced Labor Concerns
Jun 03, 2026 04:00 am UTC| Economy Politics
The Office of the United States Trade Representative (USTR) announced on Tuesday a proposal to impose additional tariffs on imports from 60 economies after determining that their efforts to prevent trade in goods produced...

U.S. Opens Public Comment Period on New U.S.-China Trade Board and Potential Tariff Cuts
Jun 03, 2026 03:55 am UTC| Politics Economy
The Office of the U.S. Trade Representative (USTR) has launched a public comment process on the newly proposed U.S.-China Board of Trade, a bilateral initiative that could pave the way for tariff reductions on selected...

Jun 03, 2026 03:40 am UTC| Politics Economy
Russias flagship investment gathering, often referred to as the Russian Davos, opened in St. Petersburg on Wednesday as President Vladimir Putin seeks to attract international business interest while facing slowing...

Australia GDP Growth Misses Forecasts in Q1 2026 as Inflation and Iran War Impact Spending
Jun 03, 2026 03:27 am UTC| Economy
Australias economy expanded at a slower-than-expected pace in the first quarter of 2026, highlighting the growing impact of persistent inflation, elevated fuel costs, and disruptions in the mining sector. According to data...

China Services PMI Hits Three-Month High in May as Domestic Demand Strengthens
Jun 03, 2026 03:21 am UTC| Economy
Chinas services sector recorded its strongest expansion in three months during May, driven by improving domestic demand, increased client acquisitions, and a rise in new business activity, according to a closely watched...

Yen Nears 160 Per Dollar as Japan Signals Readiness for Currency Intervention
Jun 03, 2026 03:19 am UTC| Economy
The Japanese yen remained under pressure on Wednesday, hovering close to the critical 160-per-dollar level, a threshold closely watched by global currency markets and Japanese policymakers. The USD/JPY exchange rate traded...

US Stock Futures Steady as Iran Tensions and AI Rally Shape Market Sentiment
Jun 03, 2026 03:11 am UTC| Economy
U.S. stock index futures traded with little movement on Tuesday evening as investors closely monitored escalating tensions between the United States and Iran. Market participants remained cautious after reports indicated...