Asia’s automakers lead decline amid Trump tariffs impact
Asia’s automakers lead decline amid Trump tariffs impact

Shares of Japanese and South Korean automakers, along with their suppliers, plunged on Monday as the region faced a heavy blow from the U.S. President Donald Trumps newly imposed tariffs on Mexico, Canada, and China, reports Reuters. Despite being anticipated, Trumps tariffs rattled major global...

IMF predicts steady global growth, disinflation for 2025
IMF predicts steady global growth, disinflation for 2025

The International Monetary Fund (IMF) expects steady global economic growth and ongoing disinflation in 2025, IMF Managing Director Kristalina Georgieva revealed ahead of the updated World Economic Outlook release on January 17, reports Reuters. Georgieva highlighted that the U.S. economy is...