Asia-Pacific markets exhibited a mixed performance on Monday, influenced by tariff uncertainty following U.S. President Donald Trump’s announcement over the weekend to raise global tariffs from 10% to 15%. The action followed a U.S. Supreme Court ruling that invalidated a significant portion of the president’s trade strategy implemented under the International Emergency Economic Powers Act Read More
Asia-Pacific markets experienced an upward trend on Friday, as numerous exchanges in the region remained closed in observance of the Boxing Day holiday, while precious metals sustained their year-long rally. Spot gold increased by as much as 1%, reaching a record high of $4,530 per ounce on Friday, and was last trading at $4,508 per Read More
Asia-Pacific markets experienced an uptick on Monday as investors analyzed the decision of China’s central bank to maintain its loan prime rates at current levels. The People’s Bank of China maintained its 1-year and 5-year loan prime rates at 3% and 3.5% respectively, marking the seventh consecutive meeting without change, consistent with a Reuters survey. Read More
