Morning Bid U.S. A look at the day ahead in U.S. and global markets from Mike Dolan The furious April for U.S. markets has calmed down a bit as the month draws to a close on Wednesday, and now its…

BEIJING – China’s foreign ministry said on Monday the presidents of China the United States “didn’t have a call recently,” when asked about Donald Trump saying in an interview with Time magazine that Xi Jinping has called him. China and…

VATICAN CITY – Roman Catholic cardinals will meet in a secret conclave to elect the new leader of the global Church starting from May 7, a senior Vatican source said on Monday. The date was decided during a closed-door meeting…

IBM said on Monday it plans to invest $150 billion in the U.S. over the next five years. This includes an investment of more than $30 billion in research and development to further the company’s American manufacturing of quantum computers,…

SINGAPORE -China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions. The move…

MEXICO CITY – Mexico has received nearly 39,000 immigrants deported from the United States since the beginning of U.S. President Donald Trump’s administration, of which 33,000 are Mexicans, Mexican President Claudia Sheinbaum said on Tuesday.

WASHINGTON -U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.

MADRID -Spain and Portugal switched their power back on after the worst blackout in their history, though authorities offered little explanation for what had caused it or how they would prevent it happening again. Traffic lights were back on, train…

WASHINGTON – A pair of Democratic officials recently fired from a credit union watchdog have sued U.S. President Donald Trump and other senior government officials, alleging that their removal was “patently unlawful.” Todd Harper and Tanya Otsuka filed the suit…

RIO DE JANEIRO – Foreign ministers from the BRICS group of developing nations met on Monday to discuss a shared defense of the global trade system, coordinating their response to the barrage of new tariffs from U.S. President Donald Trump….

DUBAI -The death toll from a major explosion in Iran’s most important container port of Bandar Abbas rose to at least 65, with over 1,200 injured, state media said on Monday, as firefighters battled a blaze that Iranian officials said…

NEW YORK -Amazon’s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted…

BOSTON – A federal judge ordered the Trump administration on Monday to turn over the names of any migrants flown recently from the U.S. naval base in Guantanamo Bay to El Salvador so he could determine whether they were deported…

President Volodymyr Zelenskiy praised Ukraine’s foreign intelligence service on Monday for the “liquidation” of top Russian military figures over the more than three years since the full-scale invasion by Russia. Zelenskiy’s remarks, on the Telegram messaging app, made no reference…

CAIRO -Negotiations held in Cairo to reach a ceasefire in Gaza were on the verge of a “significant breakthrough,” two Egyptian security sources told Reuters on Monday. There was no immediate comment from Israel and Hamas. Axios reporter Barak Ravid…

BEIJING -Chinese airlines and Boeing have been severely impacted by U.S.-imposed tariffs, disrupting regular trade and investment activities of many businesses, the Chinese commerce ministry said in a statement on Tuesday. The ministry’s remarks came in response to media reports…

HO CHI MINH CITY/HANOI – As a young U.S. intelligence analyst in Saigon during the Vietnam War, Chuck Searcy never thought that 50 years later he would be living in Communist Vietnam and helping its people fight a different war…

WASHINGTON -The U.S. Drug Enforcement Administration said on Sunday federal law enforcement agencies carried out a raid in a Colorado Springs nightclub in which over 100 immigrants who were in the U.S. illegally were arrested. WHY IT’S IMPORTANT The raid…

STOCKHOLM -World military expenditure reached $2.72 trillion in 2024, an increase of 9.4% from 2023 and the steepest year-on-year rise since at least the end of the Cold War, according to a report released by a leading conflict think tank…

SINGAPORE -The dollar made a steady start on Monday as investors prepared for a week packed with economic data that may give a first glimpse of whether U.S. President Donald Trump’s trade war is hitting home. At 143.57 yen and…

SHANGHAI -China’s gold consumption fell 5.96% year-on-year to 290.492 tons in the first quarter of 2025 as high gold prices continued to curb demand for gold jewellery, the China Gold Association said on Monday. The rise in gold prices has…

AMSTERDAM – Israel will face accusations of breaking international law by refusing to let aid into the Gaza Strip when dozens of nations present arguments at the International Court of Justice during a week of hearings starting in The Hague…

BERLIN -Germany has asked the European Commission for an exemption from European Union borrowing limits in order to increase defence spending in the coming years, according to a letter from German Finance Minister Joerg Kukies seen by Reuters on Monday….

CAIRO – Israel’s army is flattening the remaining ruins of the city of Rafah on the southern edge of the Gaza Strip, residents say, in what they fear is a part of a plan to herd the population into confinement…

VATICAN CITY – The world’s Catholic cardinals met on Monday for the first time after the funeral of Pope Francis to discuss a possible date to enter a secret conclave and elect the next leader of the global Church. Any…

MOSCOW – Russia said on Monday it was waiting for a signal from Ukraine regarding Kyiv’s willingness to hold direct negotiations to end the war, but said it did not so far see any signs of movement. The Kremlin said…

BRUSSELS – The European Commission has approved €321.2 million in restructuring aid granted by Germany for Condor under EU State aid rules, it said on a statement on Monday. The decision follows a May 2024 court ruling that annulled the…

WASHINGTON – Seven Democratic senators are asking the U.S. Justice Department for information about changes to its civil rights division made by President Donald Trump’s administration including reassigning several career officials who had held leadership positions. The senators, all members…