Asian stocks experienced a sixth consecutive day of losses due to President Trump’s announcement of new tariff rates, overshadowing positive earnings from major tech companies. The tariffs, impacting countries with trade surpluses, introduce uncertainty and policy unpredictability, making business planning difficult. While some tariffs were anticipated, others came as a surprise, affecting various nations’ exports.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
December 11, 2025