U.S. President Donald Trump and South Korean President Lee Jae Myung have finalized a long-awaited trade and investment deal during Trump’s visit to South Korea. The breakthrough came during his ongoing Asia tour and marks a major step in strengthening U.S.–Korea economic ties. Speaking at a dinner on the sidelines of the Asia-Pacific forum in …
Global stock markets climbed on Monday, buoyed by renewed optimism over progress in U.S.–China trade talks, while gold and bonds fell as investors shifted toward riskier assets. Top economic officials from both countries reached a preliminary trade deal framework ahead of a meeting between Presidents Donald Trump and Xi Jinping in South Korea later this …
The U.S. Federal Reserve is expected to announce another quarter-point interest rate cut this week, its second this year as policymakers move to cushion a slowing labour market and maintain economic stability. Analysts predict the rate reduction will bring the federal funds rate to between 3.75% and 4.00%, with more cuts likely in December or …
U.S. President Donald Trump has ended trade talks with Canada after denouncing a political ad that used Ronald Reagan’s voice to criticise tariffs. The ad, produced by Ontario’s provincial government, reignited tensions between both countries as they negotiate new steel and aluminium trade terms. The controversy began when Ontario aired an ad using edited …
More than 75 million Americans receiving Social Security and Supplemental Security Income (SSI) benefits will see their monthly payments rise by 2.8% in 2026, marking the first time in three years that the annual adjustment has outpaced the previous year’s increase. The Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) on Friday, shortly after …
In a landmark judgement, the United Kingdom’s Supreme Court has dismissed the appeal of Process & Industrial Developments (P&ID), effectively ending its decade-long legal battle to secure a colossal $11 billion in damages from the Nigerian government. In the judgement delivered on Wednesday, October 22, 2025, the UK Supreme Court affirmed that the P&ID must …
Spain has temporarily suspended live cattle exports after confirming an outbreak of lumpy skin disease (LSD) in the northeastern region of Girona, Agriculture Minister Luis Planas announced on Tuesday. Planas said the decision aims to contain the spread of the highly contagious virus, which affects cattle and buffalo but poses no threat to humans. “We …
Coca-Cola’s third-quarter results topped Wall Street expectations on Tuesday. The strong performance was driven by steady global demand for its sodas and growing sales of zero-sugar and energy drinks. The company reported revenue of $12.46 billion, above analysts’ estimates of $12.39 billion, according to LSEG data. Shares rose 2.5% in premarket trading after Coca-Cola reaffirmed …
Former French President Nicolas Sarkozy on Tuesday began serving a five-year prison sentence at La Santé Prison in Paris after his conviction for conspiring to raise campaign funds from late Libyan leader Muammar Gaddafi. The 70-year-old ex-president arrived at the prison with his wife, Carla Bruni, waving to supporters who chanted “Nicolas! Nicolas!” and sang …
Switzerland’s exports to the United States surged in September as pharmaceutical companies accelerated shipments to beat Washington’s impending tariff hike. Data released on Tuesday by the Swiss Federal Customs Administration show that total Swiss exports to the U.S. soared by nearly 43% in seasonally adjusted terms compared to August, a sharp rebound after a slump …
