GENEVA TRADE TALKS
Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
Binance sees net outflows of $3.64 billion after resumption of withdrawals
On November 1, Binance reported net outflows of around $3.64 billion as withdrawals resumed after a pause. During this period, withdrawal volumes reached over $4.64 billion while deposits amounted to $1.01 billion. The exchange stated that the percentage of outflows represented 2.1% of its total assets. Despite the large outflows, Binance highlighted that deposit volumes remained substantial and withdrawal volumes began to stabilize.
Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds
Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is actively working to recover remaining tokens. Law enforcement agencies are tracking the laundering of stolen assets into cryptocurrencies. Binance has committed to covering the financial losses incurred due to the hack.
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies
Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.
India, Switzerland sign migration pact, expand trade, investment and defence ties
India and Switzerland have signed a migration and mobility partnership pact and expanded market access for Indian exports. Prime Minister Narendra Modi and Swiss President Guy Parmelin discussed deepening cooperation in nuclear energy and defence. Both nations aim to boost bilateral trade and investment ties following the recent Trade and Economic Partnership Agreement. New opportunities will also emerge for Indian students and professionals in Switzerland through the agreements.
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in Milwaukee
US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation principle.
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Trump-Xi meet: Will AI safety find its way to the discussion table?
The exact agenda for the meeting has been kept under wraps, but according to US treasury secretary Scott Bessent, the discussion could include “what the leading AI dangers are, whether it’s uncontrollable agents, whether it’s non-state actors, and cyber non-state actors in bioweapons”.
Bilats, brush-bys, pull-asides: The secret art of summitry at BRICS
The BRICS Summit 2026 in New Delhi will showcase the art of summit diplomacy, from Indian Prime Minister Narendra Modi’s key bilaterals with Vladimir Putin and a possible Xi Jinping meeting to pull-asides, walk-and-talks and corridor conversations. With BRICS expanding to 11 members, India must balance geopolitics, trade, energy and global governance while using summit choreography, personal chemistry and diplomatic signalling to build consensus.
Why is oil price surging now by $1 and will it continue to rise or finally drop? Oil rise, analysts insights and market outlook explained. Here's what should investors do now
Why is oil price surging now by $1 and will it continue to rise or finally drop? Oil prices increased during a volatile session as the United States and Iran held nuclear talks in Geneva. Brent crude and WTI futures moved higher as markets reacted to developments.
Trade deal: India and US talk in Washington, duel in Geneva
India and the US are navigating a complex trade relationship. Talks continue in Washington, focusing on agriculture and market access. Simultaneously, both nations are challenging each other at the WTO. The US questions India's dairy import rules. India is retaliating against US tariffs on steel and auto parts. This two-track strategy reflects India's assertive approach to global trade.
US announces deal with China to cut trade deficit, White House says details on Monday
US and China held trade talks in Geneva. Negotiators from both countries reported progress. Scott Bessent led the US delegation. Donald Trump hinted at a possible tariff reset. China emphasized protecting its core principles. Discussions aimed to stabilize global markets. Both sides want to de-escalate trade tensions. Future talks are expected to continue.
European shares rise as US, China hail 'constructive' Geneva trade talks
European shares rose on Monday, as investors welcomed signs of progress in U.S.-China trade talks aimed at cooling a trade war between the world's two largest economies and dispelling some of the uncertainty clouding financial markets.
US-China trade deal talks: Donald Trump or Beijing - who is the winner between world's top two economies?
US-China trade talks in Geneva are being followed globally as the world's top economies are trying to find a middle path.
Trump hails 'total reset' in US-China trade relations as talks continue
US and China engaged in trade talks in Geneva, signaling a potential "total reset" amid escalating tariff tensions. Discussions aimed to de-escalate the trade war, with both sides acknowledging the current high tariffs are detrimental. While Trump hinted at tariff reductions, the US clarified that concessions from China are necessary for any changes.
WTO seeks trade deal on 'green' products
The green products include solar panels, wind turbines and air quality monitors "that can help achieve environmental and climate protection goals," the World Trade Organization said.
India set to push for liberalisation of services trade at WTO Geneva talks
Though services negotiations are part of the Doha Round under the General Agreement on Trade in Services, not much has happened in these negotiations since 2011.
WTO negotiators resume Doha talks with new work plan
Negotiators from key trading nations agreed on a new work plan aimed at concluding the long-stalled Doha Round of WTO global trade negotiations, officials said.
Doha trade talks resume in Geneva
Trade talks resumed at the WTO headquarters in Geneva on Monday, 10 days after 30 ministers broke the impasse on the Doha negotiations in New Delhi.
WTO Chief to meet Manmohan Singh
WTO Director General Pascal Lamy will meet Prime Minister Dr. Manmohan Singh here today to find ways for picking up the threads from last month's failed trade talks in Geneva.
After trust win, Kamal Nath heads for Geneva
After a convincing victory of the govt in the trust vote, Commerce and Industry Minister Kamal Nath is heading for Geneva to lead India's negotiations in the crucial WTO talks.
Kamal Nath's absence weighs heavy on WTO talks
Kamal Nath is notably absent as he is in New Delhi as a crucial vote of confidence in the UPA govt was set to take place on Tuesday.
India rejects US charge of being Doha Round spoilsport
India has rejected US charge that it is blocking the Doha Round of trade talks but said the officials of the two countries will intensify their engagement in Geneva.
Doha talks are back on the table
It is official - the World Trade Organisation’s Doha Round talks are back on track.
India puts onus of moving trade talks in rich nations
Barely days after the US blamed developing countries for the collapse of the WTO mini-ministerial in Geneva, India on Tuesday put the onus of movement in trade talks on the developed countries.
WTO members could meet later in July
Key trading nations of the world are expected to make another attempt by July-end to hammer out an agreement for completion of the Doha round of negotiations before December 2006.
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