Wednesday, October 8, 2025 President Donald Trump said he was open to compromise on Affordable Care Act (ACA) subsidies to end the government shutdown. Democrats agreed to the talks, but conservatives immediately rejected them. Essentially, Democrats want subsidies extended to prevent premiums from soaring; some Republicans say the expanded subsidies during COVID are too expensive and prone to abuse. In the Senate, several compromise options are being floated: allowing existing recipients to continue receiving subsidies (grandfathering), limiting the age limit (e.g., to 60–64 years old), or...
Asia-Pasifik Naik Setelah Wall Street Menguat karena Ekspektasi Tarif Trump yang Lebih Rendah Asia-Pacific markets rose Tuesday as Wall Street gained overnight on hopes that U.S. President Donald Trump's tariffs could be be softer than expected. Australia's S&P/ASX 200 climbed 0.52%. The country's budget will be tabled by Treasurer Jim Chalmers later in the day. Japan's benchmark Nikkei 225 gained 0.80%, while the broader Topix index increased 0.26%. Over in South Korea, the Kospi index advanced 0.17% while the small-cap Kosdaq added 0.13%. Mainland China's CSI 300 traded flat while...
The Nikkei 225 surged 1.3% above 38,000, while the broader Topix Index climbed 0.7% to 2,810 on Tuesday, with the latter approaching an eight-month high. The rally followed Wall Street's overnight gains, fueled by optimism that US President Donald Trump may take a more selective approach to tariffs. Japanese stocks also benefited from a weakening yen, which boosts the outlook for export-driven industries and makes local assets more attractive to foreign investors. Meanwhile, minutes from the Bank of Japan's January meeting indicated that policymakers remain open to further interest rate...
Asia-Pacific markets rose on Tuesday as Wall Street rallied overnight on hopes that U.S. President Donald Trump's tariffs could be softer than expected. Australia's S&P/ASX 200 rose 0.69% in early trade. The country's budget will be tabled by Treasurer Jim Chalmers later in the day. Japan's benchmark Nikkei 225 started the day up 1.15%, while the broader Topix index gained 0.91%. In South Korea, the Kospi index opened 0.61% higher and the small-cap Kosdaq gained 0.64%. Futures for Hong Kong's Hang Seng index last traded at 23,609, indicating a weaker open compared with the HSI's...
President Donald Trump on Monday said he will soon announce tariffs targeting automobiles, pharmaceuticals and other industries, signaling his plans to pile more sweeping duties on top of his forthcoming "reciprocal tariffs." "We'll be announcing cars very shortly," Trump said at a Cabinet meeting. "We already announced steel, as you know, and aluminum." "We'll be announcing pharmaceuticals at some point," he said, "because we have to have pharmaceuticals." "So we'll be announcing some of these things in the very near future, not the long future, the very near future," Trump said. Trump...
European markets closed slightly lower on Monday as optimism over the path of U.S. tariffs faded. Concluding a choppy session, the pan-European Stoxx 600 ended 0.13% lower, with Germany's DAX down 0.17%, France's CAC 40 down 0.26%, and the U.K.'s FTSE 100 down 0.1%. The travel and leisure sector was up 0.55% after London's Heathrow Airport reopened on Saturday following a power outage caused by a fire at a nearby electrical substation that disrupted Friday service. British Airways owner IAG was up 0.8%. Swedish defense firm Saab gained 4.5% after UBS upgraded its stock from neutral to...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Wednesday, October 8, 2025 President Donald Trump said he was open to compromise on Affordable Care Act (ACA) subsidies to end the government shutdown. Democrats agreed to the talks, but...