trade tensions News

Easing Trade Tensions Lead to Significant Drop in Gold and Silver Prices

Gold prices dropped over 2% as US-China trade tensions ease, marking a 5% decrease from last month's high. Silver also fell, with current prices provided for gold, silver, platinum...

Record $9.33 Billion Exodus: Foreign Investors Flee Domestic Stock Market Amid Global Trade Tensions

Foreign investment funds in the domestic securities market showed a net outflow of $1.7 billion last month, with the stock market experiencing a significant withdrawal despite bond...

ECB's Villeroy Debunks Currency War Fears Amid Rising Trade Tensions in Eurozone

ECB's Francois Villeroy de Galhau clarifies that the eurozone's economic volatility stems from trade tensions, not a currency war, emphasizing no intentional currency manipulation ...

US Dollar Hits 3-Week Low Against Vietnamese Dong Amid Global Currency Fluctuations

The US dollar has reached a three-week low against the Vietnamese dong, with Vietcombank selling the dollar at VND26,120. The State Bank of Vietnam adjusted its reference rate slig...

Global Gold Prices Dip as Trade Tensions Ease and Investors Await Inflation Data

Gold prices have seen a slight decline globally, with Saigon Jewelry Company reporting drops in gold bar and ring prices. The decrease is linked to easing U.S.-China trade tensions...

Indian Firms Pour $6.8 Billion Overseas in April, Including $6 Million to Azerbaijan and Turkey Amid Tensions

Four Indian companies invested $6.8 billion overseas in April, including $6 million in Azerbaijan and Turkey, amidst rising trade tensions. The investments, led by major firms like...

Gold Prices Take a Dip as Global Trade Tensions Show Signs of Easing

Gold prices fell as global trade tensions eased, reducing its appeal as a safe-haven asset. The US and China announced mutual tariff reductions, influencing market dynamics. Gold d...

India Strikes Back: Proposes Retaliatory Tariffs on US Goods Amidst Trade Tensions

India proposes retaliatory tariffs on US products in response to American steel and aluminium import duties, affecting $7.6 billion in exports. This move comes amid ongoing bilater...

ECB's Olli Rehn Advocates for June Rate Cut Amidst Economic Uncertainty and Calls for Stronger European Foundation

ECB's Olli Rehn suggests a June rate cut could be appropriate if forecasts are accurate, while urging Europe to strengthen its economic base and address uncertainties, including tr...

BoE Set to Slash Interest Rates to 4.25% as Trade War Fears Loom Over UK Economy

The Bank of England is expected to cut interest rates to 4.25% due to concerns over US tariffs impacting the UK economy. Despite positive GDP and inflation data, global trade tensi...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asia-Pacific markets mostly gained as China eased monetary policy to support its economy amid trade war concerns. Investors also watched India-Pakistan tensions and awaited the US ...

Asian Markets Rally as China Eases Monetary Policy Amid Global Trade Tensions

Asian markets mostly gained as China introduced measures to support its economy, with investors also focused on India-Pakistan tensions and the upcoming US Federal Reserve rate dec...

Wall Street Futures Dip as Investors Eye Fed's Crucial Interest Rate Decision Amid Trade Tensions

Wall Street futures decline as investors await the Federal Reserve's interest rate decision, the first since Trump's tariff announcements stirred global market uncertainty. Early t...

EU Proposes Groundbreaking Zero-Tariff Deal with US to Strengthen Industrial Trade Ties

The EU has proposed a "zero-for-zero" tariff agreement with the US to eliminate duties on industrial goods, aiming to strengthen trade ties and supply chain resilience amid growing...

Wall Street Braces for Impact: Fed's Crucial Interest Rate Decision Looms Amid Trade Tensions

Wall Street futures decline as investors await the Federal Reserve's interest rate decision, the first since President Trump's tariff announcements sparked global market uncertaint...

EU Unveils Bold Zero-Tariff Proposal to Strengthen US Trade Relations Amid Rising Tensions

The EU has proposed a zero-tariff deal with the US to eliminate duties on industrial goods, aiming to strengthen trade relations and supply chain resilience amid growing tensions. ...

Wall Street Braces for Impact: Fed's Interest Rate Decision Looms Amid Trade War Tensions

Wall Street futures declined as investors awaited the Federal Reserve's interest rate decision, amid concerns over trade tensions following President Trump's tariff announcements. ...

EU Pushes for Zero-Tariff Agreement with US to Strengthen Industrial Trade Amid Rising Tensions

The EU has proposed a zero-tariff agreement with the US to eliminate duties on industrial goods, aiming to strengthen supply chains and mitigate trade tensions. This initiative com...

EU Unveils Bold Zero-Tariff Proposal for US Industrial Goods to Ease Trade Tensions

The EU has proposed a zero-tariff agreement with the US to eliminate duties on industrial goods, aiming to ease trade tensions and strengthen supply chains. This comes as bilateral...

EU Pushes for Historic Zero-Tariff Agreement with US to Ease Trade Tensions and Boost Industrial Sectors

The EU has proposed a "zero-for-zero" tariff agreement with the US to eliminate duties on industrial goods, aiming to mitigate trade tensions and enhance supply chain resilience. T...

EU Proposes Groundbreaking Zero-Tariff Agreement with US to Strengthen Industrial Trade

The EU has proposed a zero-tariff deal with the US to eliminate duties on industrial goods, aiming to bolster supply chains and mitigate trade tensions. Bilateral trade reached €1....

EU Pushes for Zero-Tariff Pact with US to Ease Trade Tensions and Boost Industrial Sectors

The European Union has proposed a zero-tariff agreement with the United States to eliminate duties on industrial goods, aiming to ease trade tensions and bolster supply chains. Wit...

EU Proposes Groundbreaking Zero-Tariff Agreement with US to Strengthen Industrial Trade Ties

The EU has proposed a "zero-for-zero" tariff agreement with the US to eliminate duties on industrial goods, aiming to strengthen supply chains and mitigate trade tensions. This mov...

Chinese Exporters Innovate to Bypass Hefty US Tariffs, Offering Duty-Paid Deals

Chinese exporters are offering innovative solutions like misstating goods' value and covering import charges to help US buyers avoid high tariffs, amidst escalating trade tensions ...

Chinese Exporters Innovate to Bypass Hefty US Tariffs, Offering Creative Solutions to American Businesses

Chinese exporters are offering creative solutions like misstating goods' value and covering import charges to help US buyers avoid tariffs, amidst escalating trade tensions between...

China's Services Sector Growth Slows in April Amid Trade Tensions, PMI Drops to 50.7

China's services sector growth slowed in April with PMI dropping to 50.7, indicating expansion but at a weaker pace. Trade tensions with the US have limited market improvements, af...

Gold Prices Surge to a 5-Day High Amid Global Economic Uncertainties

Gold prices have surged to a 5-day high, with Saigon Jewelry Company gold bar rising by 1.51% and gold rings by 1.3%. Despite global prices dipping due to eased trade tensions, the...

European Markets Edge Higher in Premarket as Investors Await US Earnings and European Data

Major European stock futures traded mostly higher ahead of US earnings reports and European data releases, with trade tensions adding caution. The DAX and FTSE 100 saw gains, while...

Japanese PM Ishiba Strongly Condemns US Auto Tariffs as Trade Tensions Escalate

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as "absolutely unacceptable" amid rising trade tensions. The US's reluctance to exempt Japan from new import dutie...

Japan's PM Ishiba Slams US Auto Tariffs as 'Absolutely Unacceptable' Amid Rising Trade Tensions

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as 'absolutely unacceptable' during trade talks, with Washington resisting Japan's exemption from new import dutie...

Japan's Prime Minister Strongly Condemns US Auto Tariffs as Trade Tensions Escalate

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as "absolutely unacceptable" amid escalating trade tensions, with US officials reluctant to exempt Japan from new ...

Japanese Prime Minister Denounces US Auto Tariffs as Unacceptable Amid Rising Trade Tensions

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as "absolutely unacceptable" during rising trade tensions, with the US reportedly resisting exemptions for Japan i...