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Trade storm over Asia: Japan, Korea face 25% tariff hit
Asian Markets Show Cautious Optimism Amid US Tariff Maneuvers Asian stock exchanges responded with mild enthusiasm following the latest move by US President Donald Trump to ramp up import tariffs. Meanwhile, the US dollar held steady and oil prices slipped slightly. Trump’s Tariff Notices Shake Wall Street Wall Street took a downturn after Trump sent…
The FOMC and PBoC expectedly kept interest rates at current levels. New Zealand’s economy came out of a recession
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Eurozone Manufacturing PMI declined to 45.6 in August, missing the 45.8 estimate. Bloc’s Services PMI jumped to 53.3 in August vs. 51.9 anticipated. EUR/USD remains in the red below 1.1150 after German, Eurozone PMI data. The Eurozone manufacturing sector extended its downturn while the services sector activity rebounded in August, according to the data from the HCOB’s latest…
Google and PayPal Announce Multiyear Partnership to Transform Digital Commerce
Earlier this week, Google and PayPal announced a multi-year strategic partnership aimed at reshaping global commerce through the integration of artificial intelligence and advanced payment infrastructure. The collaboration will focus on creating seamless digital transactions across platforms and devices, with both companies committing to develop innovations that set a new benchmark for the commerce ecosystem….
