Smart Economy
US to halt collection of tariffs ruled illegal by Supreme Court

US to halt collection of tariffs ruled illegal by Supreme Court
Asian stocks surge after Court curbs Trump tariff powers

Asian stocks surge after Court curbs Trump tariff powers
Iran signs €500m deal with Russia for shoulder-fired air defence systems

Iran signs €500m deal with Russia for shoulder-fired air defence systems

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Opinion

Asian Biz

Bangladesh outperforms key rivals in EU garment market

Bangladesh outperforms key rivals in EU garment market

Bangladesh has demonstrated stronger performance than several major competitors in the European Union’s garment market, even as overall import growth in the bloc has slowed in recent years.
Asian stocks surge after Court curbs Trump tariff powers

Asian stocks surge after Court curbs Trump tariff powers

Asian stock markets mostly advanced on Monday and the dollar weakened after the US Supreme Court struck down a significant portion of President Donald Trump’s tariff policy, easing some concerns that had rattled the global economy last year.
Asian weighs fresh uncertainty after US tariff ruling

Asian weighs fresh uncertainty after US tariff ruling

Asian trading partners reacted cautiously on Saturday after US President Donald Trump announced plans to impose new tariffs on imports, just hours after the Supreme Court of the United States struck down key elements of his earlier trade measures.
India, Brazil sign mining pact as Modi eyes $20bn trade target

India, Brazil sign mining pact as Modi eyes $20bn trade target

India and Brazil strengthened economic ties on Saturday by signing an agreement to expand cooperation in mining and minerals, as New Delhi seeks to secure raw materials for its growing steel industry and push bilateral trade beyond $20 billion within five years.

World Biz

US to halt collection of tariffs ruled illegal by Supreme Court

US to halt collection of tariffs ruled illegal by Supreme Court

US Customs and Border Protection (CBP) said it will stop collecting certain tariffs that were declared unlawful by the US Supreme Court, effective 12:01 a.m. EST (0501 GMT) on Tuesday.

EU struggles to secure US and G7 support for new Russian oil sanctions

EU struggles to secure US and G7 support for new Russian oil sanctions
EU rejects any US tariff hike after Supreme Court ruling

EU rejects any US tariff hike after Supreme Court ruling
Hungary to block €90bn EU loan to Ukraine over Druzhba oil transit dispute

Hungary to block €90bn EU loan to Ukraine over Druzhba oil transit dispute

Tech

Zuckerberg defends Meta in landmark social media addiction trial
Zuckerberg defends Meta in landmark social media addiction trial

S Korean crypto exchange mistakenly sends $40bn in bitcoin to users
S Korean crypto exchange mistakenly sends $40bn in bitcoin to users

Google revenue surpasses $400bn as AI and cloud growth power strong earnings
Google revenue surpasses $400bn as AI and cloud growth power strong earnings

Bitcoin falls to lowest level since 2025 tariff shock
Bitcoin falls to lowest level since 2025 tariff shock

Aerospace & Defence

Iran signs €500m deal with Russia for shoulder-fired air defence systems

Iran signs €500m deal with Russia for shoulder-fired air defence systems

Iran has agreed to a confidential €500 million arms deal with Russia to acquire thousands of advanced shoulder-fired air defence missiles, marking a major step in rebuilding its defences after last year’s conflict with Israel.

Vietnam Airlines, Vietjet sign $14.4bn US aerospace deals amid trade talks

Vietnam Airlines, Vietjet sign $14.4bn US aerospace deals amid trade talks

Vietnam Airlines and VietJet Air have signed aerospace contracts with American companies worth a combined $14.4 billion, including $8.1 billion in aircraft orders from Boeing.

Iran partially closes Strait of Hormuz amid military drills and nuclear talks

Iran partially closes Strait of Hormuz amid military drills and nuclear talks

Iran partially closed sections of the strategically crucial Strait of Hormuz on Tuesday, citing security precautions as its Revolutionary Guard conducted military exercises in the waterway, according to state media.

US airlifts microreactor in first test of rapid nuclear deployment

US airlifts microreactor in first test of rapid nuclear deployment

The US Departments of Energy and Defense have completed the first-ever air transport of a nuclear microreactor, flying the compact unit from California to Utah to showcase how quickly nuclear power could be deployed for military and civilian needs.