REUTERS
Trump administration deports hundreds of immigrants even as a judge orders their removals be stopped
The Trump administration deported hundreds of immigrants to El Salvador, defying a federal judge's temporary order. The deportations were under an 18th-century law targeting Venezuelan gang members. The situation led to legal disputes and speculations about the administration's compliance with court orders. The immigrants, alleged gang members, faced stringent measures upon arrival in El Salvador.
US stock market predictions: Here are what to expect for S&P 500, Dow Jones, Nasdaq
US stock market indexes -- S&P 500, Dow Jones, and Nasdaq Composite -- will be driven by a few important factors from Monday, March 17 onwards.
US to keep hitting Houthis till shipping attacks stop: Pete Hegseth
The airstrikes, which killed at least 31 people, are the biggest US military operation in the Middle East since President Donald Trump took office in January. One US official told Reuters the campaign might continue for weeks. The Houthi movement's political bureau described the attacks as a "war crime" and said Houthi forces were ready to "meet escalation with escalation", while Moscow urged Washington to cease the strikes.
Is US slipping into recession? Donald Trump's Treasury Secretary makes alarming remarks
U.S. stock markets closed down sharply last week amid mounting uncertainties arising from President Donald Trump's frequently shifting policies.
Cockroaches and working in a closet: Inside Trump's return-to-office order
Federal employees returned to poorly prepared workplaces under Trump's return-to-office mandate, facing issues like lack of desks, internet, parking, and cockroach infestations. Critics argue this chaos is a deliberate move to push staff to resign, as the administration aims to cut and reshape the federal workforce.
Trump administration weighs travel ban on dozens of countries, memo says
The Trump administration is contemplating new travel restrictions for citizens from 41 countries. Some would face full visa suspensions, others partial suspensions. The list, still awaiting approval, includes countries like Afghanistan and Iran, echoing Trump’s previous bans on travelers from majority-Muslim nations.
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Donald Trump’s popularity plummets as disapproval outpaces approval for the first time in Newsweek’s polling average
Trump’s approval ratings turn negative as per Newsweek’s poll average, risking GOP support and midterm strategy. Explore some of the latest polling trends and implications.
Starship, carrying Tesla's bot, set for Mars by end-2026: Elon Musk
Musk suggested in a post on X that human landings could begin as early as 2029, though 2031 was more likely if the initial landings go well.
Sri Lanka begins census of monkeys, peacocks and squirrels amid agricultural damage
Sri Lanka began a wildlife census to count monkeys, peacocks, and giant squirrels to manage their populations due to their threat to agriculture. Crop destruction has seriously affected coconut production, and an estimated 90 million coconuts are lost annually. The census aims to help understand the animal density in farming areas and create proper management policies.
Voice of America is ending contracts with big houses like AP, Reuters, AFP
Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald Trump to run Voice of America (VOA), estimated the move would save $53 million.
China's DeepSeek is asking employees not to travel abroad freely, claim reports
AI chatbot firm DeepSeek of China has reportedly issued travelling notice to its employees.
US consumer sentiment deteriorates sharply in March
U.S. consumer sentiment significantly dropped in March due to concerns over President Trump's tariffs leading to a trade war. This decline in sentiment is accompanied by a sharp rise in inflation expectations as financial markets react to trade tensions and unpredictable economic policies.
Oracle mulls data center investment in Indonesia's Batam Island: report
Nongsa Digital Park in Batam is favoured as a location considering its "free trade zone" status and its proximity to city-state of Singapore and Malaysia, where Oracle already has plans for similar cloud service businesses, the report said.
UK economy contracts unexpectedly in January by 0.1%
Britain's economy unexpectedly contracted by 0.1% in January compared to December, according to data released by the Office for National Statistics. This decline contrasts with forecasts from a Reuters poll of economists, who had predicted a 0.1% expansion for the month.
Coming soon: A cheaper Tesla Model Y made in China to take on Xiaomi's SU7 sedan
Tesla plans to produce a more affordable version of its Model Y in Shanghai. The new model will be built using existing production lines and is set for mass production by 2026. This initiative aims to regain lost market share in China. Xiaomi's upcoming YU7 crossover could be a strong competitor.
India to deliver US summons to Adani for alleged bribery
The Indian government has requested a local court to deliver a U.S. SEC summons to billionaire Gautam Adani regarding allegations of securities fraud and bribery. The summons requires Adani to appear in a New York court, and if served, he must comply. Adani Group denies the allegations and intends to seek legal recourse.
Israel carries out air strike on edge of Syrian capital
Israel launched an air strike on Damascus, targeting a command centre of the Palestinian militant group Islamic Jihad. The military claimed the facility was used to plan and direct 'terrorist activities' against Israel. The attack resulted in an explosion and thick smoke, but casualties remain unclear. Syrian sources indicated that a Palestinian person was the target.
India's Jio Finance taps debt market with debut commercial paper issue before bond sale, bankers say
India's Jio Finance, a wholly-owned unit of Jio Financial Services, has tapped the debt market with its maiden commercial paper (CP) issuance, ahead of its debut bond sale later this month, three merchant bankers said on Thursday.
Australia's top universities say U.S. funding at risk due to Trump crackdown
Australia's top universities revealed that the Trump administration had cut U.S. funding to some researchers and requested others to align their work with American interests. The Group of Eight warned that this could hinder crucial medical and defense research, urging the Australian government to intervene and seeking guidance from the U.S. government.
India 10-year bond yield glued to key level despite easing inflation
Indian government bond yields remained steady on Thursday, with the benchmark 10-year yield at 6.6835%. While domestic retail inflation eased to 3.61% last month, the market is cautious due to global trade war concerns. Some expect the Reserve Bank of India to cut rates further, with a possible 25 basis points cut in April.
Trading Day: Finally, a bounce on Wall Street. But for how long?
U.S. inflation data for February came in below forecasts, alleviating some investor concerns and driving a rebound in the S&P 500 and Nasdaq. However, ongoing trade tensions and tariffs imposed by President Trump add economic uncertainty, impacting growth and complicating the Federal Reserve's potential response.
US Education Department to cut half its staff as Trump eyes elimination
The U.S. Department of Education announced layoffs for nearly half of its staff as part of President Trump's wider effort to downsize the government. Secretary of Education Linda McMahon indicated this move aligns with Trump's mandate to dismantle the department, leaving it with 2,183 workers from a previous 4,133.
Another sea of red as tariffs trump ceasefire hopes
Wall Street struggles to recover from recent losses despite potential Russia-Ukraine ceasefire news, with President Trump's tariff hikes on Canada adding pressure. Major indexes hit five-month lows and the market faces increasing uncertainty, affecting spending, investment, and sentiment.
India authority orders New Delhi city to reconsider France's Pernod Ricard license rejection
An Indian appeals authority has instructed New Delhi officials to revisit Pernod Ricard's liquor license application, rejected due to alleged criminal background. India is crucial for Pernod's sales, particularly New Delhi. Authorities cited investigations into regulatory violations for the 2022 ban. Pernod denies wrongdoing and seeks swift license approval. The legal case continues.
US trade woes escalate: China, Canada, Mexico and Europe disputes could wreak havoc on U.S economy if not resolved within days
US president Donald Trump's trade policies and tariffs on Canada, Mexico, and China have created uncertainty among investors. This has led to significant stock market sell-offs and declining valuation in S&P 500 and Nasdaq, as per reports. Experts warn of possible economic slowdown if issues are not resolved soon. Initial investor optimism is fading, raising concerns about potential market corrections.
What happened in Philippine drug war that led to Duterte's arrest?
Former Philippine President Rodrigo Duterte was arrested in Manila under an International Criminal Court warrant for his 'war on drugs,' which resulted in thousands of deaths. Despite initial support and controversies surrounding his presidency, the ICC continued its investigation, leading to his recent apprehension.
CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO, sources say
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million to the ChatGPT maker through a private placement at the time of its initial public offering, the sources said, requesting anonymity as the discussions are confidential.
Elon Musk’s Tesla sees stock prices plummet: Is his EV empire in decline?
Tesla's shares have dropped almost 50% over three months, which has attracted long-term concerns. Investor sentiment is beginning to waver as the company shifts away from mass-market EVs towards robotaxis, even though autonomous technology continues to be a challenge. With sales going down, increasing competition, and Musk's politicking, doubts are growing about Tesla's future and whether its valuation is still justified.
Inflation seen falling below 4% in February for first time in six months; rate cut hopes brighten
India's February retail inflation likely fell below the RBI's 4.0% target due to moderating food prices, raising expectations of interest rate cuts. A Reuters poll of economists predicted inflation at 3.98%, driven by a slowdown in vegetable, pulse, and cereal prices. However, concerns remain about potential inflation increases from early heatwaves affecting crop supplies.
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