Market watch: Asian stocks rise on trade hopes as Donald Trump hints at deal window; oil steadies after OPEC+ hike

Representative image (Picture credit: AP) Asian equity markets inched higher on Tuesday as investor sentiment improved slightly following US President Donald Trump’s remarks suggesting room for negotiations on newly announced tariff hikes. Meanwhile, oil prices steadied after Monday’s surge, with traders assessing the combined impact of trade uncertainties and a surprise output move by OPEC+.The…

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Gold price prediction today: Where are gold rates headed on July 8, 2025 and in the near-term amidst Donald Trump’s tariff moves?

Gold price prediction: Upside in gold may be capped due to extension of tariff deadline from July 9 to August 1. (AI image) Gold price prediction today: Gold prices are likely to continue trading within a broad range as clarity emerges on trade deal related developments. With Donald Trump extending the tariff deadline to August…

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China’s tourism revival: Visa-free entry to over 70 countries fuels foreign arrivals; travel firms report booming post-Covid recovery

This is an AI-generated image, used for representational purposes only. China has significantly expanded its visa-free entry policy, allowing citizens from 74 countries to visit for up to 30 days without a visa. The move, aimed at reviving inbound tourism and stimulating the economy, has led to a sharp rise in foreign arrivals. Since late…

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India-US trade deal: ‘Close to making a deal with India,’ says Donald Trump; US President releases tariff letters for countries

NEW DELHI: US President Donald Trump on Tuesday said that the States was “close to making a deal with India” after he announced new tariffs for 14 nations, including Thailand, Myanmar, Bangladesh, South Korea, and Japan, set to take effect on August 1.“We’ve spoken to everybody. …it’s all done. I told you we’ll make some…

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Tesla stock tanks 8% as Elon Musk-Donald Trump clash escalates: Political drama clouds EV giant’s outlook, Musk’s third-party move sparks investor jitters

Tesla shares plunged 8% at the opening bell on Monday after a renewed political spat between CEO Elon Musk and President Donald Trump reignited investor concerns about the electric vehicle maker’s future, particularly its reliance on federal support.The fresh sell-off followed Musk’s weekend announcement that he was forming a third political party, in protest against…

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US markets today: Stocks slip ahead of Donald Trump’s July 10 deadline; Tesla plunges 6.8%, all S&P sectors in red, tariff uncertainty weighs on investor mood

US stocks retreated sharply on Monday as escalating tariff threats from President Donald Trump unsettled Wall Street ahead of a key Wednesday deadline. The S&P 500 slid 0.9%, while the Dow Jones Industrial Average dropped 526 points (1.2%) and the Nasdaq lost 1% in midday trading.All 11 sectors of the S&P 500 traded in the…

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Trump tariff threat to dismantle Brics appears to be working

TOI correspondent from Washington: Amid continued turmoil and confusion over his threats to tax foreign imports into US, President Donald Trump held out a new warning to “any country aligning themselves with the Anti-American policies” of the Brics bloc: They will be charged an additional 10 per cent tariff without exceptions.The threat, coming even as…

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Food to fashion: Companies see demand recovery signs

Representative AI-generated images MUMBAI: Consumers spent on packaged goods, beauty, fashion, and jewellery in the June quarter, indicating some revival in demand that had been dragged down by sluggish urban consumption, even though early rains and geopolitical tensions capped growth, quarterly updates published by companies showed.Dabur said the FMCG sector saw a sequential recovery in…

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