archiveUS-China trade war

Jun 13, 2025 6:07 PM ISTUS Stock Market LIVE Updates: Airline Stocks Slide After Israel-Iran Strikes Shut AirspaceAirline stocks declined around the world on Friday after Israel launched airstrikes across Iran, forcing several countries in the Middle East to close their airspace to commercial flights.   Airlines were the worst-performing sector in Europe, with Air France-KLM, Deutsche Lufthansa AG and British Airways parent IAG SA sliding over 3%. Discount carriers Ryanair Holdings Plc, EasyJet Plc and Wizz Air Holdings Plc posted similar declines. In Asia, Japan Airlines Co. dropped 3.7%,...

Gold prices soared to fresh high on Monday as the dollar index in the global markets plunged by 1.13 per cent to a three-year low of 98.10. The dollar index gauges the greenback’s strength against a basket of six currencies. Since gold is a dollar-denominated metal, it becomes cheaper for institutional buyers and hedgers to buy haven gold in other currencies. Gold prices are inversely proportional to the dollar index movement.Gold prices in India were near ₹ 1 lakh for 10 gm, including 3 per cent Goods and Service Tax...

Foreign currency assets (FCA), which make up the largest share of the reserves, stood at 574.09 billion. (image source: Canva) India’s foreign exchange reserves surged to a record $676.3 billion as of April 4, reflecting a robust weekly increase of $10.9 billion, according to data released by the Reserve Bank of India (RBI). The spike came during a week marked by the US dollar's decline across global currency markets, following heightened trade tensions spurred by President Donald Trump's tariff offensive. Compared to end-March 2025, forex reserves have climbed by $7.9...