Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
The United States and China have signed on to a 90-day truce beginning Wednesday, May 14, 2025, which entails steep tariff cuts. The U.S. would reduce its tariffs on Chinese goods from 145% to 30%, while China would reduce its tariffs on U.S. goods from 125% to 10%. The move is to ease trade tensions and give a chance for further negotiations.
Apart from slashing tariffs, China will remove some non-tariff barriers, including restrictions on export of rare earth to America. The two countries have agreed to resume talks on more fundamental issues of trade. Nevertheless, analysts suggest that the agreement brings relief for only a limited period and does not deal with underlying conflicts.
Release of these tariff cuts has seen a surge in global stock markets as a sign that there is a chance of a reduction in trade tensions. Despite this positive market response, there is still doubt whether the long-term settlement of trade disputes will be realized.
