A preliminary estimate by insurance giant Swiss Re said losses from natural catastrophes soared in the first half of 2025

US President threatened on Tuesday to raise India's 25% tariff 'very substantially' in 24 hours over its continued purchases of Russian oil

After announcing a 25% tariff on Indian imports, Trump posted stinging remarks on social media about its high tariffs and slandering its "dead economy". Other countries in the Asia-Pacific fared much better.

India’s rupee slumped to its lowest level in five months on fears that the country could face steeper tariffs

India and Vietnam exported more phones to the US than China in the second quarter, amid shifts in production and tariffs imposed by President Trump, a new report says

Climate experts say the International Court of Justice has drawn red lines to clarify countries’ obligations under international law to protect the climate and rein in the fossil fuel industry

Indian PM rushes to sign free-trade pact with Britain before trying to finalise an onerous tariff deal with Trump; Starmer says huge benefits for both sides.

The move comes at a time when the Asian superpowers are being rocked by a trade war instigated by the Trump Administration. Delhi is also upset at Trump's dealings with Pakistan's army chief.

Trump and Munir discussed counter-terrorism collaboration and ways to boost ties, which raised concern that any arms Pakistan gets from the US could be turned on India if the neighbours clash again

China launches a series of giant controversial dams on a river in Tibet, a $170-billion project long opposed by Bangladesh and India

The think tank, NITI Aayog, has proposed that Chinese companies be allowed to take a stake of up to 24% in an Indian company without any approval being required, sources say

Indonesia has had to open its market to US products and firms, and pay a hefty price, while its exporters still face a 19% tariff on any goods sent to the US.