Asia Economy
- Gold prices fall over 4%; Asia-Pacific shares trade mixed after Trump says he will name new Fed chair - Asia-Pacific markets traded mixed after U.S. President Donald Trump said that he will announce his choice for the next Federal Reserve chair on Friday.
- Trump reportedly says 'very dangerous' for UK to do business with China as Starmer looks to mend ties - Starmer is on a 4-day visit to China this week, the first trip by a British leader in eight years, signaling an attempt at resetting the bilateral ties.
- What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies - Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.
- China, U.K. vow to build long-term strategic partnership in bid to reset strained ties - U.K. Prime Minister Sir Keir Starmer said he hopes to build "more sophisticated" ties with China as the two nations look to revive their bilateral relationship.
- Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates - The bullion rose more than 3% on Thursday to breach the $5,500 per ounce mark for the first time.
- Australia inflation meets expectations at 3.6%, reaching a six-quarter high - The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is "too high."
- Asia markets set to open mostly higher after S&P 500 hits record - Markets across Asia were poised to extend gains on Tuesday after a record close on Wall Street, with Australia’s inflation release in focus.
- All eyes are on Trump's reaction to the 'mother of all deals' between India and the EU - The trade deal is being widely seen as a strategic hedge against volatile U.S. trade policies.
- Puma shares surge 20% after Anta Sports buys stake for $1.8 billion - Shares of Puma surged after China's Anta Sports said it would acquire a 29% stake in the German sportswear company for 1.5 billion euros.
- India and European Union have closed a 'landmark' free trade deal, Prime Minister Modi says - Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi's largest trading partner.