Asian Currencies and Dollar Dip as Trump’s Tariff Moves Spark Uncertainty
Asian currencies and the U.S. dollar weakened on Monday as markets awaited clarity on shifting U.S. trade policies under President...
Currencies
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong local...
Putin Declares End of Liberal Globalisation at BRICS Summit
In a bold statement, Russian President Vladimir Putin declared that the era of liberal globalisation has become obsolete, urging...
Dollar Doubters Seed Historic Gains for Developing World Debt
(Bloomberg) -- US policy volatility has sent money managers scouring the world for alternatives, propelling local bonds from emerging-market countries to their best first half in 16 years. The surge in demand for fixed-income assets in EM currencies is largely the flip side of sinking confidence in the US dollar, which has tumbled almost 11% this year. That’s its worst performance since the 1970s, and the losses are across the board, with the greenback falling against 19 of the 23 most-traded emerging-market currencies, and by at least 10% against 10...
Got $1,000? 2 Cryptocurrencies to Buy and Hold for Decades
Bitcoin and Ethereum could still be great long-term investments. Many cryptocurrencies skyrocketed during the buying frenzy for speculative investments in...
Gold, pesos and lasers: What’s on Fidelity’s investment radar
A weakening US dollar and volatile equity markets were among the hotly discussed themes at Fidelity International’s Asia-Pacific Media Investment...
Indian FMCG products gaining traction in global markets
Indian cuisine's global popularity is driving the trend What's the story Indian fast-moving consumer goods (FMCG) such as biscuits, noodles,...
India’s forex reserves rebound to $702.78 billion after previous week’s dip
India's foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,...
Brics leaders urge cohesion, trade and use of local currency to grow Global South clout
Brics leaders have called for stronger cohesion, expanded trade and increased use of local currency to improve the Global South’s...
US dollar has worst first half in more than 50 years amid Trump tariffs
WASHINGTON: The US dollar has had its worst first half-year in more than 50 years, as the financial markets over...
