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US Fed cuts interest rates as govt shutdown clouds economic outlook
IANS | 30 Oct, 2025
The US Federal Reserve on Wednesday lowered its benchmark lending rate by a quarter percentage point, bringing the target range to 3.75 per cent to 4 per cent, as policymakers grapple with limited economic data due to a federal government shutdown.
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APEC Summit 2025 draws keen attention with S. Korea-US trade deal at stake
IANS | 24 Oct, 2025 |
| With only seven days remaining until the Asia-Pacific Economic Cooperation (APEC) summit, eyes are on whether South Korea and the United States could strike an official tariff deal at the two-day event, as the countries are making last-minute efforts to resolve differences over Seoul's $350 billion investment commitment to Washington. |
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