Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Australia Jobs Growth Strengthens Rate Hike Outlook 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Amid escalating trade tensions under President Donald Trump’s tariff policies, several Asian countries are ramping up purchases of U.S. oil and gas to help narrow trade imbalances and potentially soften the impact of U.S. tariffs. These efforts are part of a broader strategy to bolster economic ties with Washington while securing stable energy supplies.
Indonesia plans to increase imports of U.S. crude oil and liquefied petroleum gas (LPG) by around $10 billion, according to Energy Minister Bahlil Lahadalia. The move includes raising the U.S. LPG import quota to support trade negotiations.
Pakistan is exploring the possibility of importing U.S. crude oil for the first time, aiming to match its current $1 billion in oil and refined product imports to counterbalance its trade deficit with the U.S.
India is considering eliminating import taxes on U.S. liquefied natural gas (LNG), ethane, and LPG to boost energy imports and reduce trade friction. India’s top LNG buyer, GAIL India Ltd, has also issued a tender to acquire a 26% stake in a U.S. LNG project tied to a 15-year gas import deal.
Thailand is expanding its existing U.S. LNG purchase plan. In addition to a $500 million annual import starting in 2026, it is preparing a new contract for over 1 million tons of LNG and 400,000 tons of U.S. ethane worth $100 million over four years.
Meanwhile, the U.S. is urging Japan, South Korea, and Taiwan to join the $44 billion Alaska LNG project. Taiwan’s CPC Corp has already signed a deal to invest and buy LNG from the project, supporting energy security. Japan’s Mitsubishi Corp and South Korean officials are also reviewing potential involvement.
