Trump aide Greer pushes G20 to embrace tariff strategy targeting China
A Trump administration official urges G20 nations to support tariff policies targeting China, seeking international backing for protectionist trade measures.
Die Wirtschaft in Bewegung: Inflation, Zinsen und Zentralbanken, Märkte und Währungen, Handel und Zölle, öffentliche Haushalte, Arbeitsplätze und Löhne.
A Trump administration official urges G20 nations to support tariff policies targeting China, seeking international backing for protectionist trade measures.
Indian benchmark indices expected to open lower Thursday as FII selling, elevated US yields, and subdued Asian markets weigh on sentiment, though softer US inflation and lower oil prices provide some support.
S&P 500 declined following a PCE-driven rally as Treasury yields rose and core inflation cooled, with Fed officials signaling no urgency for additional rate hikes.
Indian stock indices face cautious trading as Nifty 50 tests 22,500 support and Bank Nifty defends 54,000 amid elevated US yields and oil prices ahead of RBI policy meeting.
Multiple Indian companies announce significant corporate actions on October 1, including auto sales figures, leadership transitions at HDFC Bank, pharma rollouts, and infrastructure capacity expansions across cement, chemicals, and railways.
Indian equities expected to open flat on October 1 with Nifty 50 below 23,000 mark. Multiple companies including Infosys, HDFC Bank, and IRFC have significant developments driving investor attention.
Trump's latest global tariff scheme, disguised as forced-labour prevention, faces legal scrutiny from the same court that twice struck down his previous tariff attempts. The administration must prove it followed required legal processes for country-specific investigations.
The Reserve Bank warns that nearly 1% of Australian homebuyers are in negative equity as property prices fall and interest rates rise, with first-home buyers most vulnerable to financial shocks.
Asian stock markets declined following a turbulent September, with investors shifting attention to bond markets. The shift reflects broader market volatility and changing investment sentiment.
Asian stocks remained weak Thursday after September's turbulent month, with softer US inflation data reducing rate hike expectations but Treasury yields staying elevated, pressuring global sentiment.
Microsoft's deal with Hideo Kojima for Physint is reportedly substantially below typical Xbox AAA game spending, though the deal includes film and anime adaptations beyond just game development.
Arbex's takeover of Millicent tissue mill sparks concerns over potential job losses, with up to 100 positions at risk at the regional employer of 400 workers.
WPP and AKQA leaders discuss how brands must prioritize data integrity, human judgment, and authentic emotional connection as AI agents reshape consumer behavior and purchasing decisions.
The ringgit opened higher against major currencies but slightly lower against the US dollar after stronger-than-expected US GDP and employment data supported the greenback.
The US dollar has climbed to a three-month peak, driven by rising Treasury yields that make dollar-denominated assets more attractive to investors.