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Beiyi Seow

Trump says will fire Fed chair if he stays beyond mandate

Trump says will fire Fed chair if he stays beyond mandate

President Donald Trump renewed pressure Wednesday on Federal Reserve Chair Jerome Powell, with the US leader threatening to fire the central bank chief if he stays beyond his mandate. Powell's term at the helm of the Fed expires on May 15, although he can remain in his role

IMF cuts 2026 global growth forecast on Mideast war

IMF cuts 2026 global growth forecast on Mideast war

The IMF cut its 2026 global growth projection Tuesday, warning that the world economy could be "thrown off course" by war in the Middle East -- as the conflict roils commodity markets and sparks higher prices. The global economy is set to grow by 3.1 percent this year,

Trump administration seeks to ease oil fears but industry wary

Trump administration seeks to ease oil fears but industry wary

A top US official in President Donald Trump's government sought to reassure fears about the oil market Monday as war raged on in the Middle East, but industry leaders remain wary. US Energy Secretary Chris Wright told the annual CERAWeek conference in Houston that disruption to global energy

Trump, Xi prepare to meet amid Iran war, uncertain goals

Trump, Xi prepare to meet amid Iran war, uncertain goals

Just over two weeks before President Donald Trump is due to meet his counterpart Xi Jinping in Beijing, Chinese uncertainty over the US leader's goals and the impact of the Iran war hang over the highly anticipated state visit. Trump's trip, his first to China in

Trump imposes 10% global tariff after stinging court rebuke

Trump imposes 10% global tariff after stinging court rebuke

President Donald Trump imposed Friday an additional 10 percent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke on his signature economic policy. Trump signed the tariff order in the Oval Office -- saying on