Funding & Business

Asia Set for Cautious Open as Trump Doubles Down: Markets Wrap

Published

4 hours ago

July 8, 2025

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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Funding & Business

ICICI Prudential Asset Files for $1.2 Billion India IPO

Published

1 hour ago

July 9, 2025

Rajesh Mascarenhas

ICICI Prudential Asset Management Co., India’s second-largest mutual fund manager by assets, filed preliminary documents for what could be the country’s second-biggest initial public offering this year.

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Funding & Business

Copper Futures in London Drop as Trump Plans 50% Import Tariff

Published

2 hours ago

July 9, 2025

Jessica Zhou

Benchmark copper futures fell in London after US President Donald Trump said he planned to implement a 50% tariff on imports, a move that’s likely to spark further upheaval in global metal markets.

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Funding & Business

Gold Holds Decline as Extended US Negotiations Ease Trade Fears

Published

3 hours ago

July 8, 2025

Sybilla Gross

Gold held a decline after President Donald Trump said the new August deadline for the start of so-called “reciprocal” tariffs won’t be delayed, with nations expected to use the extended window to continue negotiating with the US.

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