Asia equities slide with US stock futures on China's AI push; dollar firms
U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free, open-source artificial intelligence model to rival OpenAI's ChatGPT.
Sudden Fed ‘Financial Crisis’ Fear Sparks Huge Bitcoin And Crypto Price Crash Prediction
Closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus
Tech jitters to hit ASX after China offers up AI rival
Australian shares are poised for a cautious start as investors worry about China’s AI progress, the Federal Reserve meeting and key local inflation data.
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China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
Gold surges to near-record high as Trump calls for lower interest rates
Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald Trump's calls to lower interest rates and uncertainty surrounding his trade policies.
Federal Reserve could hike rates if Trump tariffs unleash inflation: BNY CEO
Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union. "I think rate hikes are possible. Anything is possible.
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
Explainer: -How would a US bitcoin strategic reserve work?
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
USD/INR drifts higher as Trump threatens China with tariffs
Trump stated on Tuesday that his administration is discussing imposing a 10% tariff on goods imported from China on February 1 because fentanyl is being sent from China to Mexico and Canada, per Reuters.
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Stock Market LIVE Updates: GIFT Nifty signals gap-down start for Indian markets; China, Japan drag
LIVE: Markets in India are likely to continue on a cautious note, while engaging in stock and sector specific activity in the face of multiple headwinds and continued FII selling
Rupee recovery to fade on yuan weakness, Trump worries
The Indian rupee, following last week's relief rally, is expected to decline on Monday, weighed by the dip in the Chinese yuan and persisting worries over U.S. President Donald Trump's trade policies.