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US dollar set for worst week this month as trade deadline nears
The US dollar is wrapping its worst week in July as US President Donald Trump amps up his calls for interest-rate cuts amid a looming…
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trade
Business
Europe: Shares settle lower as investors gauge mixed earnings, EU-US trade progress
European shares closed lower on Friday (Jul 25), as investors assessed mixed corporate earnings while awaiting updates on a framework of…
News
Trump’s Big Trade Deal With Japan Is Already Falling Apart
Despite Maxwell’s crimes, as Rolling Stone reported Thursday, “the Trump administration and the president’s allies in Congress seem to…
Business
Asia: Markets turn lower as trade war rally fades
Asian stocks fell on Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row…
News
South Korea scrambles to match Japan's trade deal with Trump, slash U.S. tariffs to 15% or lower
Japan's major trade deal with President Trump is heaping pressure on South Korea to strike its own agreement to stave off sky-high tariffs…
News
American Car Companies Are Pissed About Trump’s Japan Trade Deal
U.S. automakers are reporting that Trump’s trade deal with Japan is favoring Japanese automakers over them in yet another reneging on the…
Business
ECB keeps rates steady as it awaits clarity over trade
The European Central Bank left interest rates unchanged on Thursday (Jul 24) after cutting eight times in a year, biding its time while…
News
India-UK free trade deal: Modi and Starmer to sign 'landmark' agreement
Indian Prime Minister Narendra Modi is in the UK to sign a free trade deal expected to lead to a multi-billion pound boost in exports. UK…
Business
Asia: Markets extend gains on US trade deal hopes
Asian markets extended the week’s gains on Thursday on optimism other countries will follow up Japan’s US trade deal with ones of their…
Culture
Thai baht rises to highest since 2022 on trade optimism, inflows
Thailand’s baht rose to the highest in more than three years on growing optimism over trade negotiations, the return of foreign stock…
News
Australia lifts trade barriers on US beef
Australia said on Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between…
News
Gold flat as easing trade tensions offset boost from soft US dollar
Gold prices held steady on Thursday (Jul 24) after a sharp drop in the previous session, as easing trade tensions dented demand for…
Business
Japan trade deal sparks hope for US investors, frustration for automakers
Shares of General Motors, Ford Motor and Jeep-maker Stellantis, some of the biggest automakers in the US, rallied on Wednesday after news…
Business
Japan’s Topix hits record high in trade deal afterglow
— Japan’s Topix iindex rose to a record high on Thursday and the Nikkei share average hit a new one-year peak, as stocks rallied for a…
Business
Oil prices steady with trade talks in focus
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President…
News
'Money flowing in': White House seizes momentum on trade after big Japan deal
President Trump's "massive deal" with Japan gives the White House a strong head of steam as it nears a pivotal Aug. 1 deadline to reset…
Business
Stocks rise to more records after U.S. strikes trade deal with Japan
U.S. stocks are rising toward more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that…
Business
US: Wall Street opens higher as US-Japan trade deal lifts sentiment
Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up expectations of…
News
Trump says US has struck trade deal with Japan
Watch: 'I just signed the largest trade deal in history' says Trump on Japanese tariffs President Donald Trump says the US has agreed to a…
Business
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Business
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s…
Business
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
[KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to…
News
Trump claims Japan trade deal, imposes 15% tariff on goods from Asian superpower
President Trump on Tuesday said he struck a trade deal with Japan, a surprise development after the U.S. leader described the Asian…
Business
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…