Economy - Asian News from UK

US Sticks to August 1 Tariff Deadline

US Commerce Secretary Howard Lutnick ruled out any possibility of an extension…reports Asian Lite News The US administration on Sunday said the August 1 deadline for imposing reciprocal tariffs remains unchanged and

July 28, 2025

-Top News·Economy·USA

Trump presses Fed chief to cut rates

Fed chair pushes back on Trump criticism of renovation costs as president presses central bank to cut interest rates…reports Asian Lite News Donald Trump sparred with the Federal Reserve chair, Jerome Powell,

July 25, 2025

-Top News·Economy·USA

OpenAI and UK sign deal to use AI in public services

The agreement says the UK and OpenAI may develop an “information sharing programme” and will “develop safeguards that protect the public and uphold democratic values” OpenAI, the firm behind ChatGPT, has signed

July 25, 2025

-Top News·Economy·UK News

Hot weather boosted retail sales in June

The monthly retail sales numbers have been up and down lately, reflecting weather patterns and a late Easter Retail sales rose in June as the hot weather boosted fuel and supermarket sales,

July 25, 2025

-Top News·Economy·UK News

Gita Gopinath to Exit IMF in August

The IMF’s Managing Director Kristalina Georgieva confirmed Gopinath’s departure and said a successor will be named “in due course.”…reports Asian Lite News Gita Gopinath, the First Deputy Managing Director of the International

July 22, 2025

-Top News·Economy·World News

Bid to protect younger workers in UK

Call for Evidence launched into unpaid internships as some employers fail to pay young workers despite ban…reports Asian Lite News The government has taken a significant step towards protecting younger workers from

July 18, 2025

-Top News·Economy·UK News

UK Govt unblocks fusion planning rules

The new plans will integrate fusion into the Nationally Significant Infrastructure Project (NSIP) regime, placing fusion energy projects on an equal footing with other clean energy technologies such as solar, onshore wind,

July 18, 2025

-Top News·Economy·UK News

Unemployment rate spikes in UK

The unemployment rate has risen to 4.7%, its highest in four years, while the number of job vacancies has now been falling continuously for three years…reports Asian Lite News The UK jobs

July 18, 2025

-Top News·Economy·UK News

Trump Plans Global Tariff Shake-Up

Those to be covered under the new measure are described by Trump as “not big” and ones that “don’t do that much business.”…reports Asian Lite News US President Donald Trump unveiled a

July 17, 2025

-Top News·Economy·USA

India–EFTA Trade Deal Gets Swiss Nod

Switzerland Ratifies Landmark EFTA-India Trade Pact, Paving Way for $100 Billion Investment…reports Asian Lite News Switzerland has ratified the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade

July 14, 2025

-Top News·Economy·India News

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