Asia stocks slip on tech pullback, ahead of payrolls test
Nikkei slips, but Wall St futures bounce modestly; Trump tariff policy in doubt after court ruling
Dollar drifts as investors await US labour market indicators
Investors waiting on U.S. jobs data release; Fed expected to lower rates in September, markets leaning toward 25bp cut
Asia factory activity shrinks as US tariffs bite, China bucks trend
China's private survey unexpectedly grows in August; Japan, South Korea, Taiwan PMIs shrink; Analysts expect US tariff hit to intensify in Asia
US ends tariff exemptions on low-value parcels, e-commerce and small businesses face higher costs
US Customs and Border Protection agency collecting duty on all package shipments valued under $800; More than 25 foreign postal services suspend US shipments
Tesla sales fall 40% in Europe while BYD posts strong growth
Tesla records 8,837 new cars in July, BYD sees 13,503 registrations amid rising competition
Indian businesses lead new registrations at Dubai Chamber, Pakistan ranks second
9,038 Indian and 4,281 Pakistani companies joined the chamber in H1 2025, followed by Egypt, Bangladesh, and UK
US dollar slides on Fed rate cut bets, set for 2% monthly drop
Investors await inflation data amid Trump-Fed legal battle and concerns over central bank independence
Ford recalls nearly 500,000 vehicles over brake fluid leak
Company says it has not received any reports of accidents or injuries linked to the issue
Oil prices fall on demand concerns, but headed for weekly gain
US fuel demand expected to ease after Labor Day; Russian supply uncertainty affects market; Russian oil exports to India set to rise despite US pressure
India saved $17 billion with Russian oil imports; Trump’s new tariffs could slash exports by $37 billion, say analysts
Labour-heavy sectors like textiles, gems, and jewellery face major job losses; New Delhi opens to buying more US energy but won’t abandon Russia entirely, say sources
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