April 8, 2025 11:58 AM April 8, 2025 11:58 AM

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China slams U.S. blackmail tactics after Trump threatens 50% tariff hike

China has responded strongly after U.S. President Donald Trump threatened to impose an additional 50 percent tariff on Chinese goods if Beijing did not withdraw its retaliatory tariffs by today.   China’s Ministry said it will never accept what it described as the “blackmail tactics” of the Uni...

April 8, 2025 12:59 PM April 8, 2025 12:59 PM

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Sensex, Nifty up over 2.2% on positive global cues

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 2.2 per cent up in the afternoon trade today, driven by positive global cues and widespread buying across various sectors. The 30-share BSE Sensex surged 1,637 points to 74,775, and the NSE Nifty50 rose 496 points to 22,658 w...

April 8, 2025 8:18 AM April 8, 2025 8:18 AM

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South Korea sets June 3 snap election after Yoon’s Removal

The South Korean government has approved June 3 as the date for a snap presidential election, following the removal from office of Yoon Suk Yeol last week over his short-lived declaration of martial law.   The cabinet agreed on the date today after discussions with the National Election Commiss...

April 8, 2025 8:08 AM April 8, 2025 8:08 AM

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World leaders slam Trump’s tariff war amid global market turmoil

European stocks sank for the fourth consecutive session yesterday, as a global equity market rout continued, triggered by the recent announcement of U.S. President Donald Trump’s tariffs regime. Meanwhile, India’s benchmark domestic indices, the Sensex and Nifty, plummeted by around three percent am...

April 8, 2025 7:42 AM April 8, 2025 7:42 AM

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UK PM Starmer warns of global economic fallout from U.S. tariffs

British Prime Minister Keir Starmer has said that the newly imposed U.S. tariffs on UK goods pose a serious threat to both the global economy and Britain's industrial base. He pledged urgent support for the domestic automotive sector in response to what he described as a rapidly changing world marke...

April 8, 2025 7:36 AM April 8, 2025 7:36 AM

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Israel working on hostage release, ceasefire deal in Gaza: Israel PM Netanyahu

Israel Prime Minister Benjamin Netanyahu has said that Israel is working on a new deal for a hostage release and a ceasefire deal in Gaza. Speaking to reporters at the White House after he met with U.S. President Donald Trump yesterday, Netanyahu emphasized Israel’s commitment to securing the releas...