Asian stocks down after Trump Fed firing, tariff threats
Tuesday, 26 August 2025 () Hong Kong (AFP) Aug 26, 2025
Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips. Traders had been riding a wave of confidence since Friday's speech by US Federal Reserve Chairman Jerome Powell, which suggested coming interest rate cuts in the world's la
India has firmly rejected U.S. President Donald Trump’s tariff threats over its continued purchase of Russian oil, vowing not to bow to external pressure. In a defiant statement, New Delhi reminded..
In a high-stakes meeting amid growing trade hostilities, U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Kuala Lumpur during the East Asia Summit. This marked Rubio's first..
Tuesday, 26 August 2025 ()
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