Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
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Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Australia’s S&P/ASX 200 index is on the brink of correction territory, tumbling 9.8% from its all-time high on February 14, driven by escalating trade tensions following U.S. President Donald Trump’s new tariffs.
As of 03:20 GMT, the benchmark index dipped 0.2% to 7,772.5 points, extending its downward trend. On Wednesday, it briefly entered correction territory, plunging 1.6% to its lowest level since September 2024 before rebounding slightly. March losses have now hit nearly 5%, following a 4.2% drop in February, marking four consecutive weeks of declines.
The downturn follows Trump’s decision to impose 25% tariffs on steel and aluminum imports, effective Wednesday. Australia, which had hoped for an exemption, was left disappointed. Prime Minister Anthony Albanese condemned the move as "entirely unjustified" and a blow to the long-standing alliance between the two nations.
The tariffs are stoking fears of rising costs for Australian exporters and broader economic disruptions. Investors are increasingly wary, with market sentiment deteriorating amid global trade uncertainties.
With mounting losses and no immediate relief in sight, all eyes remain on how policymakers and market forces will navigate this escalating economic challenge.
