
BOJ’s Takata Signals Return to Rate Hikes Amid U.S. Tariff Concerns
Jul 03, 2025 04:56 am UTC| Economy Central Banks
Bank of Japan (BOJ) board member Hajime Takata suggested the central bank should resume interest rate hikes after a brief pause to evaluate the impact of new U.S. tariffs. Takata expressed confidence that Japan is nearing...

Dollar Slips as US-Vietnam Deal Spurs Tariff Optimism, Markets Eye Payroll Data
Jul 03, 2025 02:07 am UTC| Economy
The U.S. dollar dipped slightly on Thursday following a trade agreement between the U.S. and Vietnam, boosting hopes for more deals ahead of the critical July 9 tariff deadline. Meanwhile, investors are turning their focus...

Oil Prices Slip as U.S. Crude Inventories Rise, Demand Concerns Weigh
Jul 03, 2025 02:06 am UTC| Economy
Oil prices edged lower on Thursday, reversing gains from the previous session, amid concerns over weakening U.S. demand. Government data showed an unexpected rise in crude inventories, raising doubts about consumption...

US-India Push for Tariff Deal Amid Trump’s Trade Deadline
Jul 03, 2025 01:52 am UTC| Politics Economy
The United States and India are racing to finalize a tariff-reducing trade deal ahead of President Donald Trumps July 9 deadline. While both sides have made progress, key disagreements remain, particularly over U.S....

Trump Eases Vietnam Tariffs Ahead of July 9 Trade Deadline
Jul 03, 2025 01:49 am UTC| Economy Politics
President Donald Trump announced a new trade deal with Vietnam, lowering the expected tariff on Vietnamese exports to 20%, down from a proposed 46%. Trans-shipped goods from third countries, especially China, will face a...

Trump Demands Fed Chair Powell Resign Amid Interest Rate Dispute
Jul 03, 2025 01:21 am UTC| Economy Politics Central Banks
President Donald Trump has intensified his criticism of Federal Reserve Chair Jerome Powell, demanding his resignation over what he calls a failure to cut interest rates in a timely manner. In a post on Truth Social, Trump...

Japan Services Sector Grows in June as Business Confidence Rises
Jul 03, 2025 01:11 am UTC| Economy
Japans services sector expanded steadily in June, with business sentiment climbing to a four-month high, according to the final au Jibun Bank Services PMI data. The index rose to 51.7 from Mays 51.0, surpassing the flash...