US President Trump doubts a trade deal with Japan, threatening to impose higher tariffs as the current pause ends. Despite false claims about Japan's rice and car imports, trade talks continue but remain stuck over car tariffs, with no progress after recent meetings.
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43
The Indian delegation is being led by Chief Negotiator Rajesh Aggarwal, who is holding talks with officials from the Office of the United States Trade Representative (USTR)
Indian stock markets opened on flat but on a positive note on Thursday as geopolitical tensions eased and investors adopted a wait-and-watch approach ahead of the US tariff deadline on July 9.
Taiwan's manufacturing business sentiment weakened for the fourth consecutive month in May, reaching its lowest level in 29 months. The primary cause, according to the Taiwan Institute of Economic Research (TIER), was uncertainty over America's tariff policy, as reported by Focus Taiwan.
Market intelligence research firm Counterpoint Research has lowered global smartphone shipment forecast for 2025. It has revised down its 2025 global smartphone shipment growth forecast to 1.9 per cent year-on-year from 4.2 per cent, citing uncertainties surrounding US tariffs.
The recent report by Morgan Stanley named "India Equity Strategy Playbook", reveals that Indian equities appear undervalued, presenting a compelling opportunity for long-term investors.
The South Korean government plans to provide 250 billion won (USD 182.4 million) in low-interest loans to small and medium-sized auto-parts manufacturers of the state until the end of next year, to help withstand potential negative impacts from the high tariffs imposed by the United State
South Korean exporters are expected to see a 4.9 per cent decline in exports during 2025 on a year-on-year basis, if US President Donald Trump goes ahead with his current tariff policies, revealed a new survey released on Monday, reports the Korean Herald.
Global trade wars are biggest risk to the investment this year, followed by major geopolitical conflict, and higher inflation, revealed Global Family Office Report 2025 by UBS.
The company's USD 165 billion investment aims to build advanced semiconductor fabrication facilities in the state, but TSMC warned that tariffs could reduce demand for chips and jeopardize the project's success.
Amid the ongoing tariff uncertainty by US President Donald Trump, businesses are likely to delay any new investment and this has the potential to trigger a global slowdown, according to a report by Nomura.