US Edition
Asian Shares Are Mixed After South Korea Makes Tariff Deal and US Stocks Fall
METRO MANILA, PHILIPPINES, JUL 31 – Asian shares showed mixed results amid U.S. tariff announcements and fading hopes for a Federal Reserve rate cut by September, with India’s BSE Sensex up 0.2%, officials said.
- Following U.S. stock declines on Thursday, Asian shares were mixed as doubts grew that the Federal Reserve will cut rates by September.
- On Wednesday, Powell refrained from promising a September rate cut, citing inflation above 2% and two dissenters in the vote.
- In major Asian markets, Japan’s Nikkei 225 rose 0.9% to 41,020.91 after the Bank of Japan held rates steady, while India’s BSE Sensex added 0.2% to 81,481.86.
- Meanwhile, the euro rose to $1.1422 from $1.1412, and U.S. crude fell to $69.96, Brent to $72.34 per barrel.
- Starting August 1, President Donald Trump’s 25% tariff on imports from India begins, and South Korea reached a 15% tariff deal with no levies on U.S. goods.
66 Articles
66 Articles
Channel News Asia
ZawyaAsian shares fall as US unleashes fresh tariffs, jobs data up next
SYDNEY :Asian shares fell on Friday after the U.S. slapped dozens of trading partners with steep tariffs, while investors anxiously await U.S. jobs data that could make or break the case for a Fed rate cut next month.Late on Thursday, President Donald Trump signed an executive order imposing tariffs ranging f
Radio France Internationale
Global stocks mostly fall ahead of big Trump tariff deadline
PSEi falls 1% on tariff, peso depreciation woes
MANILA, Philippines — Tariff anxiety continued to grip investors on Thursday, the last day before the tariff deadline, pushing the local stock barometer below the 6,300 barrier. By the end of the session, the Philippine Stock Exchange Index (PSEi) lost 1.04 percent, or 65.5 points, to close at 6,252.73, its lowest in a month. Likewise, the broader All Shares Index shed 1.05 percent, or 39.68 points, to end at 3,736.91. A total of 902.65 million …
ThePatriotLight - Asian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut
ThePatriotLight - Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by SeptemberAsian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut
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