Chinese EV startups hit record May sales as price war squeezes rivals
China’s electric vehicle market is undergoing a sharp shake-up, with May data revealing a growing divide between industry frontrunners and struggling startups….
India’s Maruti Suzuki sees no immediate impact from China rare earth magnet ban
India’s leading car manufacturer, Maruti Suzuki, stated on Monday that the recent export restrictions imposed by China on rare earth magnets, a…
Tesla not interested in local electric vehicle production says India minister
India’s Minister for Heavy Industries, H.D. Kumaraswamy, announced that Tesla has expressed no interest in manufacturing electric vehicles (EVs) within the country. …
Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback
White House Economic Council Director Kevin Hassett says he remains ‘very, very confident’ that courts will support President Donald Trump’s tariff agenda….
Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed
Sen. Rand Paul, R-Ky., said on Sunday that he would support President Donald Trump’s ‘big, beautiful bill’ if the debt ceiling hike…
Trump’s 20th week in office to include White House meeting with European leader, expected call with Xi
President Donald Trump’s 20th week in the Oval Office is expected to include a White House meeting with Germany’s chancellor, a phone…
Polish conservative Karol Nawrocki wins presidential election to succeed Duda
Poland has elected Karol Nawrocki, a conservative backed by President Donald Trump, in the country’s presidential runoff election, according to a final…
Will the Trump Cabinet undo Musk’s DOGE legacy now that he’s gone?
Tesla and SpaceX CEO Elon Musk’s time as the face of the Department of Government Efficiency (DOGE) has come to an end…
EUR/USD forecast: carry trade emerges ahead of ECB rate cut
The EUR/USD exchange rate will be in the spotlight this week as the European Central Bank (ECB) delivers its interest rate decision…
USD/TRY analysis as Goldman Sachs warns on lira carry trade
The Turkish lira has slipped against the US dollar as Goldman Sachs analysts warned about the best-performing carry trade. The USD/TRY exchange…
