
Trump Signals Possible Elimination of U.S. Income Tax as Tariff Revenues Rise
Nov 28, 2025 05:36 am UTC| Politics Economy
U.S. President Donald Trump suggested on Thursday that his administration is considering major tax changes, including the possibility of eliminating federal income tax over the next few years. Speaking to American military...

Dollar Faces Sharp Weekly Decline as Markets Brace for Fed Easing
Nov 28, 2025 05:34 am UTC| Economy
The U.S. dollar drifted toward its weakest weekly performance since late July as traders increased bets on further monetary easing from the Federal Reserve at its December 10 meeting. Although the dollar index inched up...

Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike
Nov 28, 2025 05:29 am UTC| Economy Central Banks
Core consumer inflation in Tokyo stayed well above the Bank of Japans 2% target in November, adding pressure on policymakers to consider a near-term interest rate hike. Data released Friday showed firms continue to pass...

Asian Stocks Slide as Tech Rally Fades and China Property Fears Deepen
Nov 28, 2025 05:05 am UTC| Economy
Asian stocks edged lower on Friday as a brief rebound in technology shares lost momentum and renewed worries over Chinas property crisis weighed heavily on regional sentiment. Markets also saw subdued activity due to the...

China’s Factory Sector Faces Prolonged Slowdown as Policymakers Weigh Stimulus Options
Nov 28, 2025 05:02 am UTC| Economy
Chinas manufacturing sector is expected to contract for the eighth consecutive month in November, underscoring persistent economic challenges as policymakers debate between advancing long-term structural reforms or...

Oil Prices Hold Steady as Markets Track U.S.-Led Ukraine Peace Push and Await Key OPEC+ Meeting
Nov 28, 2025 04:57 am UTC| Economy
Oil prices remained largely stable in Asian trading on Friday, with traders assessing diplomatic developments between the U.S., Ukraine, and Russia while anticipating a crucial OPEC+ meeting that could shape the global...

Gold Prices Ease After Strong Weekly Rally as Markets Bet on December Fed Rate Cut
Nov 27, 2025 07:30 am UTC| Economy
Gold prices slipped slightly in Asian trading on Thursday, easing after a powerful rally earlier in the week as investors grew increasingly confident that the U.S. Federal Reserve will cut interest rates in December....