Trump tariff threat pushes oil to five-month low
Global oil prices tumbled over $2 a barrel as President Trump’s threat of increased tariffs on China sparked fears of reduced demand. Analysts point to this, coupled with rising OPEC production and a Gaza ceasefire, as key drivers for the market’s shift to a risk-off sentiment. Investors are also watching for potential impacts from a […]
Gold pares gains after brief run above $4,000/oz on Trump’s China tariff warning
Gold prices surged past $4,000 an ounce again this week. This rally was fueled by US President Donald Trump’s warning of new tariffs on China. Global uncertainties, including potential French government collapse and US shutdown, also boosted safe-haven assets. Investors anticipate US Federal Reserve interest rate cuts. Silver also saw significant gains, driven by strong […]
Caution an overhang on equity funds, inflows dip 9% in sept
Equity mutual fund inflows dropped in September as investors paused lump-sum investments amid market uncertainty. However, monthly SIPs reached a new high. Gold and silver ETFs experienced a surge in demand, attracting substantial investments. Debt funds saw outflows, largely due to tax requirements. Hybrid funds also recorded lower inflows compared to the previous month.
Binance wallets decrypted—taxman moves in on evaders
India’s tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. Many failed to disclose digital assets held on the offshore exchange, believing they could escape the substantial tax liabilities. The Income Tax department is now actively tracing these undeclared trades.
Trump’s fresh tariff threats knock Europe stocks to weekly loss in last-minute slide
European markets experienced a sharp decline on Friday, reversing earlier weekly gains due to renewed trade war anxieties sparked by U.S. President Trump’s tariff threats. Auto stocks led the downturn, while political uncertainty in France also weighed on investor sentiment. This late-week sell-off overshadowed earlier optimism driven by monetary policy hopes and AI enthusiasm.