Dollar edges lower on tariff uncertainty; sterling remains weak
Investing.com – The US dollar drifted lower Wednesday amid uncertainty over President Donald Trump’s plans for tariffs, while sterling fell on disappointing government borrowing data. At 04:45 ET (09:45 GMT),…
India’s budget likely to raise major subsidies by 8% to $47 billion in next fiscal
By Sarita Chaganti Singh and Mayank Bhardwaj NEW DELHI (Reuters) – India is likely to raise spending on food, fertiliser, and cooking gas subsidies to 4.1 trillion rupees ($47.41 billion)…
Oil extends drop as investors watch Trump 2.0 policies
By Jeslyn Lerh SINGAPORE (Reuters) – Oil prices dipped on Wednesday extending the previous session’s declines as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on…
Gold prices hit 11-week high on safe-haven demand amid Trump tariff threats
Investing.com– Gold prices edged higher to an 11-week high in Asian trading on Wednesday, extending gains for a third consecutive session as safe-haven demand grew amid U.S. tariff fears under…
Oil steady as investors watch Trump 2.0 policies
By Arathy Somasekhar (Reuters) – Oil prices were little changed in early trading on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his…
Asia FX extends fall on Trump tariff fears; ringgit jumps on BNM rate hold bets
Investing.com – Most Asian currencies extended losses on Wednesday as investors remained cautious ahead of potential new U.S. tariffs under Donald Trump’s administration, while the Malaysian ringgit jumped on expectations…
Oil prices steady as markets weigh Trump production outlook, tighter supplies
Investing.com– Oil prices steadied in Asian trade on Wednesday after logging some losses this week on U.S. President Donald Trump’s declaration of a national emergency to ramp up energy production. …
Oil prices steady as investors debate Trump 2.0 policies
By Arathy Somasekhar (Reuters) – Oil prices were little changed in early trading on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his…
Exclusive-Warren Buffett’s Pilot Co shuts oil trading business, sources say
By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) – Warren Buffett’s Pilot Co is shuttering its international oil trading business, ending an excursion into the trillion-dollar global market to…
US SEC unveils task force to start work on crypto regulations
(Reuters) -The U.S. Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major…
