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DBS Economist: Currently Maintains GDP Forecast For Taiwan As It's Difficult To Immediately Evaluate Trump Tariffs Impact
April 9 (Reuters) - Tieying Ma, A Senior Economist of DBS Group Holdings Ltd DBSM.SI, told reporters in Taipei on Wednesday:CURRENTLY MAINTAINS GDP FORECAST FOR TAIWAN AT +3.5% THIS YEAR, +2.4% IN 2026, AS IT'S DIFFICULT TO IMMEDIATELY EVALUATE TRUMP TARIFFS IMPACTSTILL SEES DOWNSIDE RISKS FOR T...Reuters
Wed, Apr 9
Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows
Meeting confirmed by US senior officialMeeting is to possibly arrange future tariff talks, source saysDeputy PM Phoc set to meet SpaceX, Boeing, Apple this weekDPM to attend signing of Vietjet-KKR deal on jet financeBy Phuong Nguyen, Francesco Guarascio and David Lawder HANOI/WASHINGTON, April 9 ...Reuters
Wed, Apr 9
Elon Musk tags Milton Friedman as three Forbes Billionaires ask Trump to end Trade War
Tesla CEO, and Department of Government Efficiency lead, Elon Musk takes a stand against Trump’s tariffs positive a viral Milton Friedman video on X. Meanwhile other top Wall street billionaires have also launched media campaigns to avert the looming US trade war.Fxstreet
Wed, Apr 9
USD/INR holds steady ahead of RBI rate decision
The Indian Rupee (INR) trades flat on Wednesday after reaching the largest single-day loss in nearly three months in the previous session. The local currency remains under pressure amid a looming global trade war stoking fears of economic meltdown.Fxstreet
Wed, Apr 9
EXCLUSIVE-TSMC could face $1 billion or more fine from US probe, sources say
TSMC made chips for China's Sophgo that matched Huawei'sTSMC may have violated export control regulations in filling orders-sourcesCompanies can be fined up to twice the value of transactions for prohibited conductIt is unclear how and when the matter may be resolved By Karen Freifeld Apr...Reuters
Wed, Apr 9
India central bank set to cut rates a second time as US tariffs add to risks
By Swati Bhat MUMBAI, April 9 (Reuters) - India's central bank is set to cut rates for a second time on Wednesday as risks to growth rise in the aftermath of U.S. import tariffs, with investors closely monitoring its commentary and a potential change in stance for future policy clues.U.S. Pre...Reuters
Wed, Apr 9
Japan's Kato says will not sell US Treasury holdings just from standpoint of US-Japan relations
Japan’s Finance Minister Shunichi Kato said early Wednesday that there is no preset standard on what is the appropriate size of Japan’s foreign reserves, adding that Japan will not sell US Treasury holdings just from the standpoint of US-Japan relations.Fxstreet
Wed, Apr 9
BoJ’s Ueda: Uncertainties have increased domestically and internationally
Bank of Japan Governor Kazuo Ueda said early Wednesday that the uncertainty surrounding both domestic and overseas economies is increasing due to US tariffs. Ueda further stated that the Japanese central bank will closely monitor developments.Fxstreet
Wed, Apr 9
Yield curve steepest since 2022, supply weighs on long end
April 8 (Reuters) - The U.S. Treasury yield curve reached its steepest level since February 2022 on Tuesday as longer-dated yields jumped on supply concerns, with some holders of the debt also seen as likely being forced to sell due to recent market volatility.Reuters
Wed, Apr 9
US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB
MANILA, April 9 (Reuters) - The full implementation of U.S. tariffs could cut developing Asia's growth by about a third of a percentage point this year and nearly a full percentage point in 2026, the Asian Development Bank said on Wednesday.In its Asian Development Outlook report, the ADB projec...Reuters
Wed, Apr 9
Goldman Sachs sees downside risk to current 4.5% GDP forecast for China
BEIJING, April 9 (Reuters) - Continued tariff escalation between the United States and China presents a downside risk to a 2025 full-year real GDP forecast of 4.5% for China, Goldman Sachs said in a note. Goldman said an escalating tariff spat between two of the largest economies in the world also p...Reuters
Tue, Apr 8
USD/CAD weakens to near 1.4250, FOMC Minutes in focus
The USD/CAD pair edges lower to around 1.4255 during the late American session on Tuesday. The Canadian Dollar (CAD) strengthens against the Greenback as investors weigh the prospect of negotiations globally over US trade tariffs. The FOMC Minutes will be in the spotlight later on Wednesday.
Fxstreet
Tue, Apr 8
Trump optimistic after call about tariffs with South Korea
South Korea's trade minister travels to US for talksSouth Korea, Japan are key US allies, but face tariffs White House prioritizing allies in tariff talks, adviser saysShipbuilding, energy deals potential areas of focusBy Susan Heavey, Jihoon Lee and Ju-min Park WASHINGTON/SEOUL, April 8 (Reu...Reuters
Tue, Apr 8
RBNZ set for another interest rate cut amid trade tariff uncertainty
The Reserve Bank of New Zealand (RBNZ) is on track to deliver a 25 basis point (bps) cut to the Official Cash Rate (OCR), bringing down the key policy rate from 3.75% to 3.50% following its April monetary policy meeting on Wednesday.
Fxstreet
Tue, Apr 8
Trump says US taking in $2 billion a day from tariffs
WASHINGTON, April 8 (Reuters) - U.S. President Donald Trump said on Tuesday the United States is taking in $2 billion per day from tariffs.He made the comment without providing details during an event at the White House. Trump has imposed an array of tariffs on other countries since taking office in...Reuters
Tue, Apr 8
