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April 10, 2025 5:01 PM
Markets are weighing the short-term relief of the tariff pause against continued uncertainty in U.S.-China trade tensions. Japan's Nikkei surged by over 9 percent, leading global gains as investors celebrated the tariff reprieve. Germany's DAX initially soared over 8 percent but eased to a 5....
April 10, 2025 7:59 AM
Asia-Pacific markets surged in early trade following U.S. President Donald Trump’s stunning reversal on most reciprocal tariffs. Japan’s Nikkei 225 jumped 8.48 per cent to reach 34,403, while Australia’s S&P/ASX 200 rose 4.70 per cent to 7,721.7. Singapore's SGX Nifty was up by 3...
April 10, 2025 6:52 AM
US stocks saw their biggest rally in years after President Donald Trump announced a pause on certain reciprocal tariffs. The move helped calm investor fears that had shaken markets over the past week. The Dow Jones Industrial Average jumped 2,962.86 points, or 7.87 per cent, closing at 40,...
April 9, 2025 8:45 PM
The benchmark domestic equity indices declined over half percent today, tracking losses in global markets amid escalating trade tensions despite the Reserve Bank of India's decision to reduce the policy repo rate by 25 basis points and shift its stance to accommodative, signalling more rate cuts ahe...
April 9, 2025 5:51 PM
In the Forex market, the rupee today depreciated by 43 paise to close at 86 rupees and 69 paise against the US dollar amid heightened trade tensions. Even though crude oil prices fell sharply and the American currency remained weak, the Indian currency stayed under pressure due to the continued outf...
April 9, 2025 5:04 PM
The benchmark domestic equity indices declined over half a percent today, tracking losses in global markets amid escalating trade tensions despite the Reserve Bank of India's decision to reduce the policy repo rate by 25 basis points and shift its stance to accommodative, signalling more rate cuts a...
April 9, 2025 11:54 AM
The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.4 per cent down in forenoon trade today, tracking weakness in global markets amid rising trade tension. Meanwhile, the Reserve Bank of India cut its policy repo rate by 25 basis points to six per cent in the first meeting ...
April 9, 2025 11:23 AM
Asian markets sank again today as the White House imposed reciprocal US tariffs, including a massive 104 per cent levy on Chinese imports. Japan’s Nikkei 225 index fell nearly 4 per cent in morning trade, while markets in South Korea, New Zealand and Australia also declined, according to ...
April 8, 2025 9:56 PM
Oil prices were marginally up today but remained near four-year lows amid recession fears following escalating trade tension between the US and China. Brent Crude was trading nearly flat at 64 dollars and 24 cents per barrel. WTI Crude was also trading slightly up by 0.15 per cent at 60 dollars and ...
April 8, 2025 9:55 PM
In the Forex market, the rupee today depreciated by 42 paise to close at 86 rupees and 26 paise against the US dollar, primarily driven by strong demand for dollars from importers, a looming global trade war and ongoing outflows of foreign funds from Indian equity markets. The dollar index, which in...
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