Funding & Business
Asia Set for Cautious Open as Trump Doubles Down: Markets Wrap
Asia stocks are poised for a subdued open after a lackluster session on Wall Street as Donald Trump ruled out extending his August tariff deadline. US copper prices surged after the president called for a 50% levy on imports.
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Treasuries are holding their ground following the longest streak of declines since April as investors look ahead to a US debt auction and the minutes from last month’s Federal Reserve meeting.
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Two Singapore-based senior loan distribution bankers are leaving Sumitomo Mitsui Banking Corp, according to people familiar with the matter.
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