
Trump Claims Modi Vowed to End Russian Oil Imports Amid U.S.-India Trade Tensions
Oct 20, 2025 02:18 am UTC| Politics Economy
U.S. President Donald Trump reaffirmed on Sunday that Indian Prime Minister Narendra Modi assured him India would halt its purchases of Russian oil. Speaking aboard Air Force One, Trump warned that India could continue...

China Keeps Loan Prime Rate Unchanged Amid Rising U.S. Trade Tensions
Oct 20, 2025 02:15 am UTC| Central Banks Economy
The Peoples Bank of China (PBOC) held its benchmark loan prime rate (LPR) steady on Monday, maintaining a cautious stance as U.S.-China trade tensions intensified. The decision aligns with market expectations, as Beijing...

Oil Prices Fall to Five-Month Lows Amid Demand Concerns and Supply Glut Fears
Oct 20, 2025 02:13 am UTC| Economy
Oil prices extended their decline in Asian trading on Monday, pressured by weak demand outlooks and expectations of an oversupplied market. Despite geopolitical tensions in the Middle East, both Brent and West Texas...

China’s Exports to North Korea Surge 31% in September Amid Strengthened Diplomatic Ties
Oct 20, 2025 02:11 am UTC| Economy Politics
Chinas exports to North Korea saw a sharp rebound in September, surging 30.75% year-on-year to reach $228.1 million, according to data from the General Administration of Customs of China. The strong recovery follows...

Yen Weakens as Sanae Takaichi Poised to Become Japan’s Next Prime Minister
Oct 20, 2025 02:07 am UTC| Economy
The Japanese yen weakened on Monday as expectations grew that Sanae Takaichi, a staunch supporter of aggressive fiscal and monetary stimulus, is set to become Japans next prime minister. Reports indicated that Takaichi...

Copper Demand Shifts as U.S. and India Rise Amid China’s Slowing Growth
Oct 20, 2025 01:59 am UTC| Economy
Global copper demand is entering a new phase as Chinas dominance in consumption begins to wane, paving the way for the United States and India to play a larger role. Over the past 25 years, copper prices have surged from...

BOJ’s Ueda Balances Global Risks and Domestic Pressure Over Potential Rate Hike
Oct 20, 2025 01:53 am UTC| Economy Central Banks
Bank of Japan (BOJ) Governor Kazuo Ueda left Washington last week uncertain whether global economic headwinds would permit an imminent interest rate hike. Global finance officials at the G20 meetings cautioned against...