Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Thailand Inflation Remains Negative for 10th Straight Month in January 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Australia’s S&P/ASX 200 index is on the brink of correction territory, tumbling 9.8% from its all-time high on February 14, driven by escalating trade tensions following U.S. President Donald Trump’s new tariffs.
As of 03:20 GMT, the benchmark index dipped 0.2% to 7,772.5 points, extending its downward trend. On Wednesday, it briefly entered correction territory, plunging 1.6% to its lowest level since September 2024 before rebounding slightly. March losses have now hit nearly 5%, following a 4.2% drop in February, marking four consecutive weeks of declines.
The downturn follows Trump’s decision to impose 25% tariffs on steel and aluminum imports, effective Wednesday. Australia, which had hoped for an exemption, was left disappointed. Prime Minister Anthony Albanese condemned the move as "entirely unjustified" and a blow to the long-standing alliance between the two nations.
The tariffs are stoking fears of rising costs for Australian exporters and broader economic disruptions. Investors are increasingly wary, with market sentiment deteriorating amid global trade uncertainties.
With mounting losses and no immediate relief in sight, all eyes remain on how policymakers and market forces will navigate this escalating economic challenge.
