Asian equities mixed as Trump’s tariff deadline looms; US jobs data surprises and Wall Street surges

Asian markets waver as Trump’s Tariff deadline nears (Image credits: AP) Asian markets showed mixed movement on Friday as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, where a strong US jobs report lifted major indexes to record highs.Trump told…

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‘India remains attractive to long-term global investors’

MUMBAI: India is increasingly becoming central to the global investment landscape as mega forces that reshape economies and markets, like demographic change, digitalisation, energy transition and global supply chain realignment combine to bring in long-term changes for the high growth economy, a report by BlackRock Investment Institute has said. The authors of the report said…

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India’s services recovery gains pace: PMI at highest since August 2024; export demand stays strong

This is an AI-generated image, used for representational purposes only. India’s services sector expanded at its fastest pace in ten months in June, driven by robust domestic demand, higher international sales, and continued job creation, according to the HSBC India Services PMI report released Thursday. The seasonally adjusted Services PMI Business Activity Index rose to…

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US job market slowdown: Donald Trump’s tariffs, hiring freeze may weigh on employment; data signals rare private sector contraction

This is an AI-generated image, used for representational purposes only. The United States is expected to have witnessed a further slowdown in job creation during June, with President Donald Trump’s trade tariffs, hiring freeze, and immigration crackdown taking a toll on the labour market. As per news agency AP, the labor department is likely to…

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Bold, but difficult mission! How India wants to counter China’s rare earth magnets monopoly – explained

India’s rare earth situation reflects limitations in technical capacity and economic viability rather than lack of intention. (AI image) China dominates the world’s rare earth metals and minerals supply – and it’s a fact that the world’s second largest economy is exploiting to the fullest, increasingly so in view of the tariff war unleashed by…

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Defence outperforms sectoral indices; surges 34.82% in six months, far ahead of Nifty – is the rally sustainable?

India’s defence sector has taken pole position among all sectoral indices, delivering a 34.82% return over the past six months — a performance that stands out against Nifty’s 5.49% gain and declines in IT and pharma. While most sectors struggled or stayed flat, defence stocks rallied on the back of strong order visibility, execution, and…

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Gold price outlook: Bullion may be near its peak as global tailwinds fade; Citi, BMI and Motilal warn of downside after 40% rally

After soaring over 40% in the past year and hitting record highs, gold prices may be running out of steam. Analysts and research houses including Citi, Motilal Oswal, and Fitch unit BMI have raised caution flags, pointing to shifting macroeconomic conditions that could undercut the yellow metal’s recent safe-haven strength.The run-up in gold prices has…

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Tech jobs lead salary charts: Freshers get up to Rs 28,600 per month; Hyderabad, Chennai emerge new pay hotspots

The IT and IT-enabled services (ITeS) sector continues to dominate salary rankings across experience levels, with freshers in tech roles earning up to Rs 28,600 per month and professionals with five to seven years of experience drawing Rs 68,900, according to global hiring platform Indeed’s latest PayMap survey. The high compensation is being driven largely…

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