Asia, Trump
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U.S. Secretary of State Marco Rubio met his Japanese and Philippine counterparts in a meeting Thursday on the sidelines of the Association of Southeast Asian Nations’ annual ministerial meetings in Malaysia. The U.S., Japan and the Philippines have been building a trilateral bloc to broaden security and economic cooperation.
Asia stock markets trade mixed on Friday, reacting to renewed worries about U.S. trade tariffs following President Donald Trump's announcement of significant duties against Canada. Meanwhile, China's markets outperformed the region,
The S&P 500 notched a new all-time closing high on Thursday. The broad market benchmark rose 0.27% and closed at 6,280.46.
The Indian rupee is likely to open marginally higher on Thursday, supported by the uptick in Asian peers and muted reaction to U.S. President Donald Trump’s latest tariff announcements. The 1-month non-deliverable forward indicated the rupee will open at 85.
As Trump’s latest trade war and tariff policies roll out, low-cost Asian retailers Temu and Shein can find ways to succeed amid targeting, retail experts say.
Trump’s ‘Hooters loving’ Malaysian ambassador pick causing concern among allies in Asia - ‘Alpha male’ MAGA pundit who declares love of rare steaks and once called Taylor Swift a ‘woke jezebel’ may not be the right fit for conservative Kuala Lumpur,
Asian stocks rose slightly on Thursday, riding on optimism from Nvidia's brief rise to a world-record $4 trillion valuation and as investors largely shrugged off U.S. President Donald Trump's latest tariff salvos.