BUSINESS

Logos of Bitcoin and different cryptocurrencies

Crypto Industry Praises Trump, Calls For Market Clarity

The start of President Donald Trump's term earned rave reviews at the world's leading crypto conference Wednesday, but top industry lawyers said digital platforms wanted regulatory clarity while the Republicans control Congress.
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US Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer hailed 'substantial progress' in the trade talks with China

Markets Rally After China And US Slash Tariffs For 90 Days

Stocks rallied Monday after Chinese and US officials made "substantial progress" at trade talks in Geneva and slashed their tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets.
US President Donald Trump has imposed a 25 percent tariff on car imports

BMW Upbeat On Riding Out US Tariff Chaos

German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming year, and that it hoped to soften their impact.
Oil prices had already been slumping before OPEC+ members decided to increase output

Oil Prices Slide After OPEC+ Output Hike

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and growing fears that US President Donald Trump's trade war could weaken demand.
A sign for Cadillac cars is displayed on the outside wall of a car dealership which sells US auto brands Cadillac and Chevrolet in Tokyo

Trump Vs Toyota? Why US Cars Are A Rare Sight In Japan

With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's yard ooze Californian cool but on Japanese roads new US vehicles are a rare sight -- much to President Donald Trump's annoyance.

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