South Korea: Trump, Xi begin high-stakes summit amid trade war

IANS | October 30, 2025 8:28 AM

Seoul, Oct 30 (IANS) US President Donald Trump and Chinese President Xi Jinping met on Thursday for a high-stakes summit that will be watched closely for signs of a reprieve in the two countries' escalating trade war marked by tit-for-tat tariffs.

US Fed cuts interest rates as govt shutdown clouds economic outlook

IANS | October 30, 2025 12:02 AM

Washington, Oct 30 (IANS) 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.

Florida moves to ban H-1B visas across state universities

IANS | October 29, 2025 9:53 PM

Washington, Oct 29 (IANS) Florida Governor Ron DeSantis announced on Wednesday that he is directing the state’s Board of Governors to end the use of H-1B visas across state universities, saying that positions currently held by visa holders should be filled by Florida residents.

Bangladesh tilting deeper into China’s security orbit: Report

IANS | October 29, 2025 9:02 PM

Dhaka, Oct 29 (IANS) Under the interim government led by Muhammad Yunus, Bangladesh has gradually drifted into a Chinese-built security ecosystem that undermines not only regional balance but also the very idea of strategic diversity in South Asia, a report has highlighted.