Oil slips as US fuel demand outlook weakens, India faces tariffs over Russian crude imports
Brent crude futures drop 31 cents, or 0.46%, to $67.74; West Texas Intermediate futures slip 36 cents, or 0.56%, to $63.79, after climbing more than 1% in the previous session
Trump’s 50% tariff hike on Indian goods takes effect, straining US-India ties
A 25% tariff, imposed in response to India's Russian oil purchases, adds to an existing 25% levy, further escalating trade tensions
At least 25 countries suspend package deliveries to US over tariffs
Postal services halt shipments amid uncertainty over Trump administration’s new tax on small packages
Asia stocks steady ahead of Nvidia; investors wary over Fed independence
Fed independence under threat, leads Treasury yields to steepen; Dollar under pressure on rate-cut wagers
Gold eases as dollar firms, but Fed turmoil limits losses
Spot gold drops 0.2% at $3,384.49 per ounce; US gold futures for December delivery stay flat at $3,434.20
Dollar weak as investors fret about Fed independence
Fed Governor Cook to file lawsuit to prevent Trump from firing her
Oil prices little changed as market awaits impact of US tariffs on India
Brent crude futures rise 2 cents to $67.24, West Texas Intermediate crude futures remain flat at $63.25
Apple to unveil new iPhones and devices at September 9 event
Cupertino showcase to spotlight AI integration as Apple faces pressure from rivals and U.S. tariffs
Indian exports face blow as US enforces steep new tariffs from Wednesday
Homeland Security notification confirms additional 25% tariff on all Indian-origin goods from August 27, ramping up trade pressure on the Asian nation
World’s central bankers fear being caught in Fed’s storm
Fed capitulation would set dangerous precedent; ECB, BOJ have faced questions about independence
Gold hits 2-week high as dollar dips after Trump fires Fed’s Cook
Spot gold rises 0.2% to $3,371.28 per ounce; US gold futures for December delivery steady at $3,418.90
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
Brent crude futures fall 16 cents, or 0.23%, to $68.64, West Texas Intermediate futures also drop 16 cents, or 0.25%, to $64.64
Dollar drops after Trump fires Federal Reserve’s governorÂ
SINGAPORE: The U.S. dollar surrendered gains in early trading in Asia on Tuesday after U.S. President Donald Trump said he was removing...
India to produce fighter jet engines domestically in collaboration with French firm
Defence minister confirms plan to manufacture aircraft engines in India as part of broader push to boost local defence production
China’s new mega dam triggers fears of water war in IndiaÂ
New Delhi fears Chinese dam will reduce flow on major river by up to 85% in dry season