President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
The S&P Global Indonesia Manufacturing PMI tumbled to 46.7 in April 2025 from 52.4 in March, marking the first drop in factory activity for six months and the steepest fall since August 2021. Output fell the most in near four years, and new orders shrank after four months of growth. Foreign demand also weakened, with exports shrinking for the second time in three months. Employment fell for the first time in five months as backlogs of work declined modestly, and purchasing activity was scaled back after consistent gains. On a positive note, easing pressure on capacity led to improved...
U.S. manufacturing contracted further in April while tariffs on imported goods were straining supply chains, keeping prices paid for inputs elevated. The Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI dropped to a five-month low of 48.7 last month from 49.0 in March. A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.2% of the economy. Economists polled by Reuters had forecast the PMI declining to 48. The survey covered Trump's "Liberation Day" tariff announcement, which ushered in sweeping duties on most...
Applications for US unemployment benefits jumped to the highest level since February during the week that followed Easter. Initial claims increased by 18,000 to 241,000 in the week ended April 26, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 223,000 applications. Continuing claims, a proxy for the number of people receiving benefits, rose to 1.92 million in the week ended April 19, the highest since 2021. That exceeds economists' forecasts. Source: Bloomberg
Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine's reconstruction. The two countries signed the accord in Washington after months of sometimes fraught negotiations, with uncertainty persisting until the last moment with word of an eleventh-hour snag. The accord establishes a joint investment fund for Ukraine's reconstruction as Trump tries to secure a peace settlement in Russia's three-year-old war in Ukraine. The agreement is...
U.S. President Donald Trump's administration reached out to China to initiate talks over a bitter tariff exchange between the two countries, a state-run Chinese media outlet reported on Wednesday. U.S. officials had reached out to China through various channels with the intent of negotiating on tariff issues, according to a post by Yuyuantantian, a Weibo (NASDAQ:WB) account affiliated with state broadcaster China Central Television. The report comes amid heightened speculation over U.S.-China trade talks, with Washington and Beijing offering contrasting views on negotiations. Trump claimed...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...