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2026

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Trump aims at Canada. Toyota and Honda could pay the bill

Economictimes.indiatimes.com 

Proposed US tariffs could significantly impact Canadian auto production lines. Japanese automakers Toyota and Honda face potential production cuts due to these tariffs. These companies rely heavily on the United States as their largest market. The tariffs may force a major shift in global automotive supply chains. Automakers are now adapting to changing trade policies and competition.

HDFC Bank shares gain over 2% as CEO Jagdishan rejects new term; Morgan Stanley, Jefferies, others weigh in

Economictimes.indiatimes.com 

HDFC Bank's Managing Director, Sashidhar Jagdishan, has opted against reappointment, prompting brokerages to uphold their positive stance on the bank's stock. In light of this announcement, the board has hastened efforts to find a suitable successor. Analysts appreciate this proactive approach as it alleviates concerns and promises potential value. Investors’ attention now shifts to the upcoming leadership transition and its expected impact on future growth prospects.

Scott Bessent urges G20 to push China to curb exports, boost domestic demand

Economictimes.indiatimes.com 

US Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and press Beijing to rebalance its economy. The current flood of exports from China is deemed unsustainable by the US official. Bessent believes other countries must incentivize China to shift away from exports. A G20 joint statement on reducing trade imbalances is being pushed by the US.


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