Tag : Donald Trump

Korean won hits new yearly low amid Trump tariff concerns
Business

Korean won hits new yearly low amid Trump tariff concerns

manamalive.com
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea....
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
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Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

manamalive.com
Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global trade....
Bitcoin at $105,000 as Powell backs banks serving crypto customers
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

manamalive.com
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
Elliott Management warns of crypto collapse due to White House backing
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Elliott Management warns of crypto collapse due to White House backing

manamalive.com
Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar....
US inflation persists as Trump’s tariff threats add economic concerns
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US inflation persists as Trump’s tariff threats add economic concerns

manamalive.com
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability....
PM Modi and President Trump affirm strong India-US partnership
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PM Modi and President Trump affirm strong India-US partnership

manamalive.com
Indian PM Modi congratulates Donald Trump on his second term, reaffirming India-US ties for mutual welfare, global peace, and security in a strategic dialogue....
Trump unveils $500B AI venture with OpenAI Softbank and Oracle
Business

Trump unveils $500B AI venture with OpenAI Softbank and Oracle

manamalive.com
Former US President Donald Trump announces a $500B AI initiative with OpenAI, Softbank, and Oracle, launching the Stargate project to maintain US dominance in technology....
Wall Street rallies on softer-than-feared Trump trade policies
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Wall Street rallies on softer-than-feared Trump trade policies

manamalive.com
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold
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U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold

manamalive.com
Bitcoin rallied past $100,000 following softer U.S. inflation data, reflecting renewed optimism in risk assets and the growing correlation between digital tokens and equity markets....
Investors eye inflation data as Treasury yields hit fresh highs
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Investors eye inflation data as Treasury yields hit fresh highs

manamalive.com
The 10-year Treasury yield hit a 14-month high as investors await inflation reports, with key data on producer and consumer prices expected to influence Federal Reserve policy....