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Asia’s trade-sensitive currencies whipsaw amid tariff turmoil
[MELBOURNE/SEOUL] Asia’s trade-sensitive currencies swung around multiyear lows as the region reels from US President Donald Trump’s tariff policies that risk pushing the global economy into recession. The Bloomberg...
RBNZ delivers fifth straight rate cut, signals more to come
The Monetary Policy Committee is now chaired by governor Christian Hawkesby, who has taken the role on an interim basis following the shock resignation of Adrian Orr last month[WELLINGTON]...
Malaysia central bank to look beyond interest rates amid tariff challenges
[KUALA LUMPUR] Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the country is entering the tariff disputes...
Singapore’s STI stumbles over 2% as Trump’s 104% tariff hit on China kicks in
[SINGAPORE] Singapore stocks slid further on Wednesday (Apr 9) following this week’s rout, with US President Donald Trump’s reciprocal tariffs officially put in place. The tariffs, which include a...
Gold eases as Treasury yields climb; trade war in focus
[BENGALURU] Gold prices eased on Wednesday (Apr 9) as US Treasury yields ticked higher, while anxious investors monitored the escalating trade war between the US and its key trading...
Sembcorp enters JV with Bharat Petroleum for renewable energy projects
The partnership will support state-owned Bharat Petroleum’s ambitions to achieve net-zero Scope 1 and 2 emissions by 2040 [SINGAPORE] Sembcorp Green Hydrogen India, a wholly owned subsidiary of Sembcorp Industries,...
China’s EV boom masks economic pain for major auto hubs
[HONG KONG] China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign carmakers falling behind cities that are home to hugely...
Trump signs order to ‘turbocharge’ coal mining in United States
[WASHINGTON] US President Donald Trump on Tuesday signed executive orders to “turbocharge coal mining” in the country, seeking to “more than double” electricity production to keep up with power-hungry...
Apple exported 1.5 trillion rupees in iPhones from India last year, minister says
[NEW DELHI] Apple exported more than 1.5 trillion rupees (S$23.6 billion) in iPhones from India in the last fiscal year, the nation’s technology minister said on Tuesday (Apr 8),...
US: S&P 500 ends 1.6% lower as tariff angst kills stocks rally
[NEW YORK] Wall Street stocks tumbled again on Tuesday as initially successful efforts to rebound from big losses faded amid worries over US President... Source link
