India Dismisses De-Dollarisation Agenda at BRICS Amid Trade Talks
In a recent statement, India underscored that de-dollarisation is not included in BRICS's agenda, emphasizing instead the importance of...
archiveUS tariffs
Asian stocks ease off recent peaks ahead of US tariff deadline – Markets
BENGALURU: Stocks in emerging Asian economies retreated on Friday from recent peaks as caution set in ahead of US President...
Investments in Malaysia’s semiconductor industry remain uncertain amid tariff tensions, say experts
“There will be a lot of wait-and-see approach with new investments and greenfield investments,” said Sharmila Suntherasegarun from Malaysian public policy think tank IDEAS. The researcher at IDEAS’ economics and business unit added that attracting investments in research and development, as well as a higher value-added segment of semiconductors would be more challenging amid such uncertainty. Ongoing trade tensions between the US and China have also cooled the investment appetite of small- and medium-size enterprises (SMEs). “My point is that we don't invest in uncertainty. We don't invest in possibilities....
Dow futures up 240 points ahead of Fed rate decision; Gold prices fall
May 7, 2025 3:58 PM ISTUS Stock Market Live: Russian Crude Production Below OPEC+ TargetRussia kept its crude oil production below the nation’s OPEC+ quota in April, according to people familiar with the data. Producers pumped 8.975 million barrels a day last month, almost unchanged from March levels, the people said, asking not to be identified because the information isn’t public. That’s 23,000 barrels a day below Russia’s target for April under the OPEC+ deal, including compensation for past overproduction. Compliance with the supply agreement of the Organization of the...
Dow futures up 200 points; bullish bets on Bitcoin rise again
US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...
Dow futures up 300 points on trade talks; China cuts key benchmark rates
US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...
Dow futures jump 300 points after US, China confirm trade talks
US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...
India’s strategic pivot in a tariff-ridden global trade landscape
The global economy is undergoing a reset. Tariffs and protectionism pose real challenges—but they also offer countries like India a chance to lead.This shift puts India in a unique spot. For years, high tariffs acted like a safety net for our domestic industries—often protecting big business from real global competition. But now, with mounting pressure to bring those tariffs down, Indian companies will have to step up. They’ll need to focus on better quality, smarter innovation, and real efficiency if they want to compete. For consumers, that’s a win, more...
Yen strengthens past key psychological level of 140 per Dollar
The yen advanced past the psychological level of 140 against the dollar as investors sought alternatives to the greenback amid increasing risks for US assets.With the independence of the Federal Reserve under threat, heightened unease from tariffs and a looming meeting between the finance chiefs of Japan and the US, the yen broke through resistance to appreciate as much as 0.7% to 139.90 per dollar. That was its strongest level since September and made it the best performer among Group-of-10 currencies on Tuesday. President Donald Trump’s trade war has boosted...
Ringgit Ends Stronger As Trade War Fears Weigh On US Dollar
By Siti Noor Afera Abu KUALA LUMPUR, April 11 (Bernama) -- The ringgit ended the week firmer against the US dollar, supported by weaker sentiment towards the greenback amid escalating US-China trade tensions. At 6 pm, the local currency rose to 4.4200/4265 against the US dollar, up from Thursday’s close of 4.4670/4730. Year to date, the ringgit has strengthened by 1.09 per cent. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit’s appreciation aligned with the decline in the US Dollar Index (DXY),...