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...
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 231K for the week ending September 13. The latest print came in short of initial estimates (240K) and was lower than the previous week's 264K (revised from 263K). Additionally, the 4-week moving average decreased by 750, bringing it to 240K from the revised average of the previous week. The report indicated a seasonally adjusted insured unemployment rate of 1.3%, with Continuing Jobless Claims shrinking by 7K to...
Australia's seasonally adjusted unemployment rate stood at 4.2% in August 2025, unchanged from the previous month and in line with market expectations. The number of unemployed people fell by 900, bringing the total to 647,400. Among them, those seeking part-time jobs declined by 3,600 to 204,400, while those looking for full-time jobs increased by 3,000 to 443,000. Meanwhile, employment unexpectedly declined by 5,400 to 14.63 million, missing forecasts of a 22,000 increase, following an upwardly revised gain of 26,500 in July. Full-time employment decreased by 40,900 to 10.08 million,...
The United States Federal Reserve (Fed) will announce its monetary policy decision and publish its revised Summary of Economic Projections (SEP), known as the dot plot, after its September policy meeting on Wednesday. Market participants widely anticipate the US central bank will cut its benchmark interest rate for the first time since last December, lowering it to a range of 4%-4.25%. The CME FedWatch Tool shows that investors see only about a 6% chance of a larger rate cut, while pricing in about an 80% chance of a 75 basis point (bps) cut for the remainder of the year. This means the...
The United States has rejected India's request for consultations at the World Trade Organization (WTO) regarding Washington's 50% tariffs on copper and copper derivative products, arguing that the tariffs are not safeguard measures, as claimed by New Delhi. According to The Economic Times, the US told the WTO that there is "no basis" for India to seek consultations. Earlier this month, India had initiated the request under the WTO Agreement on Safeguards. This marks the third instance of India seeking WTO consultations with the US and Washington refusing, following previous disputes over...
President Donald Trump said on Tuesday that the US and China have reached a deal on TikTok. The deal will transfer the assets of the ByteDance-owned short-video app to its US owner so it can continue operating in the country. The deal potentially resolves a saga that has dragged on for nearly a year. The deal for the popular social media app, which has 170 million users in the US, represents a breakthrough in months of negotiations between the world's two largest economies in an effort to defuse a trade war that has roiled global markets. "We've reached a deal with TikTok. We have a group...
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...