
Indonesia Pushes Back Against U.S. “Poison Pill” Tariff Demand Amid China Tensions
Nov 28, 2025 06:45 am UTC| Economy Politics
Indonesia is reportedly pushing back against U.S. efforts to introduce so-called poison pill clauses into a proposed reciprocal tariff trade agreement, according to a Financial Times report citing individuals familiar with...

Japan’s Industrial Output Rises Unexpectedly in October as Consumption Rebounds
Nov 28, 2025 06:37 am UTC| Economy
Japans industrial sector showed stronger-than-expected momentum in October, with government data revealing a 1.4% month-on-month increase in industrial production. The latest figures surprised analysts, who had anticipated...

Switzerland Faces Vote on Major Wealth Tax Targeting Ultra-Rich Estates
Nov 28, 2025 06:32 am UTC| Economy
Switzerland is preparing for a high-stakes national vote on Sunday that could reshape the countrys approach to wealth redistribution. Voters will decide whether to approve a proposed 50% tax on inherited fortunes valued at...

Asian Currencies Steady as Markets Eye Fed Cut Odds and Tokyo Inflation Data
Nov 28, 2025 06:20 am UTC| Economy
Asian currencies traded mostly steady on Friday as global markets reacted to growing expectations of a U.S. Federal Reserve rate cut next month, while Japans inflation figures drew significant attention. The U.S. Dollar...

Australia’s Housing Market Set for Stronger Growth in 2026 Amid Tight Supply
Nov 28, 2025 05:39 am UTC| Economy
Australian home prices are forecast to rise more sharply in 2026 than previously expected, driven by a persistent shortage of properties and unwavering buyer demand. A recent Reuters poll of property analysts shows...

Trump Signals Possible Elimination of U.S. Income Tax as Tariff Revenues Rise
Nov 28, 2025 05:36 am UTC| Politics Economy
U.S. President Donald Trump suggested on Thursday that his administration is considering major tax changes, including the possibility of eliminating federal income tax over the next few years. Speaking to American military...

Dollar Faces Sharp Weekly Decline as Markets Brace for Fed Easing
Nov 28, 2025 05:34 am UTC| Economy
The U.S. dollar drifted toward its weakest weekly performance since late July as traders increased bets on further monetary easing from the Federal Reserve at its December 10 meeting. Although the dollar index inched up...