Emerging markets in Southeast Asia are increasingly asserting their autonomy amid the growing intensity of the US-China trade war. As tensions between the two global powers escalate, nations like Vietnam, Malaysia, and Cambodia are finding ways to shield their economies by enhancing intra-regional cooperation and embracing diversified strategies. While the pressure to align with either the US or China is immense, these nations are pursuing a third path—supporting their own regional i

In a significant escalation of the ongoing trade dispute between the United States and China, Chinese airlines have ceased accepting deliveries of Boeing aircraft. This development follows the imposition of steep tariffs by both nations, with the U.S. levying a 145% tariff on Chinese imports and China retaliating with a 125% tariff on U.S. goods, including aircraft. The suspension of deliveries has led Boeing to consider alternative markets for its aircraft. With approximately 50

Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

  In a major escalation of the ongoing trade conflict between the United States and China, Beijing has announced a significant hike in tariffs on American goods, raising import duties from 84% to 125%. The move, confirmed by the Chinese finance ministry on Friday, is a direct response to recent tariff increases imposed by the U.S. administration. It marks one of the most severe retaliatory actions taken by China in the prolonged dispute that has gripped global markets and resha

As the holiday season approaches, the traditional hustle and bustle inside China’s Christmas product factories is strikingly absent this year. Long the workshop of the world when it comes to festive goods—from plastic pine trees to twinkling LED lights—these factories now face grim prospects due to the United States’ sudden and steep import tariffs. President Donald Trump’s recent escalation of trade tensions, with a 104% tariff slapped on Chinese imports, has effec

In a dramatic reversal that sent shockwaves through global financial markets, U.S. President Donald Trump announced a pause on newly implemented tariffs targeting dozens of countries. The unexpected move came less than a day after his sweeping tariff measures went into effect, causing major disruption across world markets and triggering one of the most volatile trading periods since the height of the COVID-19 pandemic. The tariff freeze, which offered some temporary relief to ratt

China has issued a stern warning in response to former President Donald Trump’s latest tariff threat, pledging to fight back with equal force if the United States raises duties on Chinese goods to a staggering 104%. The Chinese Commerce Ministry declared it would “resolutely” take all necessary countermeasures to defend the country’s economic interests, reinforcing its position that any trade war escalation would be met with firm resistance. Trump announced o

South Korea’s Constitutional Court has officially removed President Yoon Suk Yeol from office after unanimously upholding his impeachment. The historic decision, which comes months after the National Assembly voted to impeach him, has sent shockwaves through the country’s political landscape. This ruling marks only the second time a South Korean president has been ousted in modern history, following the impeachment of former leader Park Geun-hye in 2017. The court'

China has welcomed Prime Minister Narendra Modi’s recent remarks advocating dialogue over discord in India-China relations, calling them "positive" and a step toward strengthening diplomatic ties. Beijing emphasized that cooperation between the two Asian giants — likened to the 'Dragon-Elephant Dance' — is the most effective path to shared success. In a statement on Monday, Chinese Foreign Ministry spokesperson Mao Ning highlighted that both sides have acti

The Sports Ministry has officially lifted the suspension imposed on the Wrestling Federation of India (WFI), bringing relief to Indian wrestlers and paving the way for resumption of activities, including the much-awaited selection trials for the upcoming Asian Championship in Amman, Jordan. The suspension, imposed on December 24, 2023, was a result of governance lapses and procedural issues linked to the newly elected WFI body under the leadership of Sanjay Singh. The suspension came just thr

The fate of TikTok in the United States has taken a new turn as US President Donald Trump confirmed that his administration is actively engaged in talks with four potential buyers over the sale of the popular video-sharing platform. The news follows heightened concerns over TikTok’s data security risks and its ties to its Chinese parent company, ByteDance. Speaking to reporters, Donald Trump stated, "We're dealing with four different groups, and a lot of people want it ... all

China has announced a 7.2% increase in its defence budget for 2024, raising military spending to $249 billion as the country continues its aggressive modernization efforts amid escalating regional tensions. The budget, which was revealed in a draft report submitted to the National People's Congress (NPC) by Premier Li Qiang, underscores China’s strategic focus on military expansion in the Taiwan Strait, South China Sea, and its border with India. This increase follows China’s

The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

The Bharatiya Janata Party (BJP) is in the final stages of electing its new national president, with the decision expected to be announced by March 15, 2025. The position became vacant after JP Nadda was elevated to a Union ministerial role, prompting a keenly contested leadership race within the party. The BJP’s national leadership is working towards selecting a strong candidate capable of guiding the party through the next five years, as it prepares for crucial state and national elec

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Prime Minister Narendra Modi, during his reply to the Motion of Thanks on the President’s Address, discussed various aspects of his government's work, highlighting key achievements and vision for the future. He emphasized the government's focus on development, poverty alleviation, youth empowerment, and a vision for a prosperous, "Viksit Bharat" (Developed India) by 2047.   Key Highlights from PM Modi's Address:  

Sonia Gandhi's Controversial Remark: Congress leader Sonia Gandhi sparked controversy when she referred to President Droupadi Murmu as a "poor thing" after Murmu's speech in Parliament. This remark, made outside the House, was criticized by BJP MPs, leading to calls for disciplinary action against Sonia Gandhi. BJP leaders accused Gandhi of displaying an elitist and anti-tribal mindset.   BJP's Response and Privilege Motion

PM Modi’s Criticism of Sonia Gandhi’s Remarks: Prime Minister Narendra Modi strongly condemned Congress leader Sonia Gandhi’s comments about President Droupadi Murmu, referring to her as a "poor thing" after the President's address to Parliament. The remark, made by Sonia Gandhi after the President's speech at the start of the budget session, was criticized by Modi as an example of the Congress family’s "arrogance." H

The Budget Session of 2025 began with controversy when Congress MP Sonia Gandhi made a remark about President Droupadi Murmu, calling her a "poor thing" after the President's speech in Parliament. Gandhi's comment, made while speaking to reporters outside Parliament, was in reference to the exhaustion Murmu appeared to show after delivering her customary address. The remark was immediately condemned by the BJP, who described it as a "derogatory comment" and demande