President Trump expressed optimism for a fair trade deal with China, despite his trade official accusing Beijing of “economic coercion.” Trump highlighted his strong relationship with President Xi and upcoming meetings, while also warning of significant trouble for China if trade falters. The US also signed a critical minerals agreement with Australia to counter China’s […]

Apple’s market valuation is nearing $4 trillion as its shares hit record highs, fueled by robust early sales of the new iPhone 17 series. Exceeding expectations in key markets like China and the US, the latest iPhones are driving significant consumer demand.

USCIS has detailed its $100,000 visa fee, requiring payment via a new portal for applicants to proceed. Notably, existing visa holders like F-1 students and L-1 professionals are exempt from this surcharge when changing status to H-1B. Exceptions are extremely rare, requiring Homeland Security’s discretion for national interest cases.

The United States and Australia have inked an $8.5 billion deal to counter China’s influence over critical minerals. The agreement commits both nations to significant investment in mining and processing projects, aiming to bolster Western supply-chain resilience. This collaboration also supports Australia’s AUKUS submarine project, signaling a strengthened strategic alliance.

Indian stock markets are set for a special Muhurat Trading session on Tuesday, October 21, 2025. This one-hour trading window marks the start of Samvat 2082, symbolizing prosperity. The National Stock Exchange and Bombay Stock Exchange will be closed for Diwali Laxmi Pujan on October 21 and Balipratipada on October 22.

Kering is selling its beauty division, including the prestigious perfume brand Creed, to L’Oreal for $4.6 billion. This strategic move aims to significantly reduce Kering’s substantial debt. The deal also includes 50-year exclusive licenses for L’Oreal to produce beauty products for Kering’s major fashion houses.

China’s economy experienced its weakest pace in a year, growing less than 5% due to sluggish domestic demand and US trade tensions. While exports and industrial production showed strength, a significant drop in fixed-asset and property investment, alongside weak retail sales, weighed down overall growth.

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in opening trade on Diwali day. While Nifty50 went above 25,900, BSE Sensex was up over 600 points.

Asian markets rallied, led by Japan, as investors anticipate a new prime minister. Hopes for de-escalated US-China trade tensions, following weekend talks, also boosted sentiment. China’s economy showed stronger-than-expected third-quarter growth, while upcoming US inflation data is expected to have minimal impact on interest rate cut plans. Gold held firm, while oil prices saw a

Gold price prediction in Diwali week: Gold prices are expected to remain stable during Diwali week. Recent all-time highs for gold and silver saw a dip. Trade tensions between the US and China, along with global economic uncertainties, influenced safe-haven buying.