
Indonesia's Q1 GDP Growth Slows to 4.87%, Lowest in Over Three Years
May 05, 2025 05:12 am UTC| Economy
Indonesias economy expanded by 4.87% year-on-year in Q1 2025, marking its slowest pace since Q3 2021 and falling short of the 4.91% growth forecast by analysts in a Reuters poll. The figure also dipped from 5.02% in the...

Gold Edges Higher as Weaker Dollar Offsets Trade Optimism, Fed Caution
May 05, 2025 05:04 am UTC| Economy
Gold prices climbed in early Asian trading Monday, supported by a softer U.S. dollar, though gains were limited amid optimism over renewed U.S.-China trade dialogue and investor caution ahead of the Federal Reserves...

Australian Stocks Dip as Albanese Secures Second Term
May 05, 2025 03:34 am UTC| Economy
Australian shares slipped on Monday while the local dollar edged higher, after Prime Minister Anthony Albaneses Labor Party secured a stronger parliamentary majority in the 2025 federal election. The ASX 200 fell nearly 1%...

BOJ Faces Pressure to Pause Rate Hikes Amid Trump Tariffs, Yen Slide
May 05, 2025 02:00 am UTC| Economy Central Banks
The Bank of Japans rate-hike cycle is under intense pressure as U.S. President Donald Trumps new tariffs threaten Japans export-reliant economy. BOJ Governor Kazuo Ueda, after keeping interest rates steady at 0.5%, warned...

Dollar Slips Despite Strong Jobs Report as Fed, Trade Talks Awaited
May 05, 2025 01:48 am UTC| Economy
The U.S. dollar struggled to hold gains on Monday despite easing recession fears and a robust March payrolls report that reduced chances of a Federal Reserve rate cut in June. Analysts at JPMorgan and Goldman Sachs noted...

Oil Prices Tumble as OPEC+ Output Hike Sparks Oversupply Fears
May 05, 2025 01:43 am UTC| Economy
Oil prices plunged in Asian trading Monday after OPEC+ surprised markets with a larger-than-expected production increase, raising concerns of a looming supply glut amid weakening global demand. Brent crude futures for June...

US Stock Futures Dip Ahead of Fed Meeting and Potential US-China Trade Talks
May 05, 2025 01:37 am UTC| Economy
US stock futures slipped Sunday evening after the SP 500 marked its longest winning streak in over 20 years, as investor caution resurfaced ahead of this weeks Federal Reserve policy meeting and renewed speculation over...