HONG KONG, Aug 26, 2025 (BSS/AFP) - Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips. Traders had been riding a wave of confidence since Friday's speech by US Federal Reserve Chairman Jerome Powell, which suggested coming interest rate cuts in the world's largest economy. But the upward flurry appeared to die out Monday on Wall Street as attention turned back to this week's earnings report from AI chip giant Nvidia -- a bellwether for the industry as concerns over a tech bubble mount. Asian markets started Tuesday broadly lower, tracking drops made the previous day in...
WASHINGTON, Aug 27, 2025 (BSS/AFP) - The Trump administration on Tuesday suspended several employees of the US Federal Emergency Management Agency (FEMA) after they publicly...
US President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, an unprecedented step...
HONG KONG, Aug 27, 2025 (BSS/AFP) - Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on...
WASHINGTON, Aug 26, 2025 (BSS/AFP) - President Donald Trump on Monday threatened further tariffs and export restrictions against countries that he says are targeting US...
NEW YORK, Aug 26, 2025 (BSS/AFP) - Wall Street's major indexes lost ground on Monday ahead of AI chip giant Nvidia's earnings report, which is...
NEW YORK, Aug 26, 2025 (BSS/AFP) - Stocks mostly edged downwards on Monday, after rallies in Europe and the United States fueled by comments from...
Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from firing her, a lawyer for the embattled central bank official...
The speakers also stressed the need for aligning academic curriculum with the Pharmaceutical Industry needs.Participants expressed confidence that, with the government's leadership, Bangladesh can not...
WASHINGTON, Aug 27, 2025 (BSS/AFP) - US President Donald Trump is famed as a political showman -- and during a record-breaking three hour and 16...
WASHINGTON, Aug 27, 2025 (BSS/AFP) - US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald...
US President Donald Trump will host a meeting today on post-war plans for Gaza, his envoy Steve Witkoff said Tuesday. "We've got a large meeting...
BRUSSELS, Belgium, Aug 26, 2025 (BSS/AFP) - The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc...