Latest news with #US-Japan
News18
4 hours ago
- Business
- News18
Gold Rate Today, July 25: Yellow Metal Falls On MCX For 2nd Day
Last Updated: Gold Price Today, July 25: In Mumbai, the price of gold stands at Rs 92,100 per 10 grams for 22-carat and Rs 1,00,480 per 10 grams for 24-carat. Gold, Silver Prices In India Today, July 25: Gold prices on Friday fell for the second day, after a surprise US-Japan trade deal revived hopes for a potential agreement between the US and EU. In Mumbai, the price of gold stood at Rs 92,100 per 10 grams for 22-carat and Rs 1,00,480 per 10 grams for 24-carat. Silver remained flat at Rs 1,18,000 per kg. However, in the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading lower by 0.16% at Rs 98,568 per 10 gram, while silver (expiring on September 5, 2025) rose by 0.24% to trade at Rs 1,15,411 per kg. What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On July 25? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
CNN
7 hours ago
- Entertainment
- CNN
Before and after photos show Trump's redesign of Rose Garden
Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN 'South Park' skewers Trump after signing new Paramount deal In their first episode of the season, the creators of "South Park" mocked President Donald Trump and Paramount after they just signed a new $1.5 billion contract. Paramount is looking to merge with Skydance Media and needs the Trump-influenced FCC to approve the deal. 01:24 - Source: CNN Erin Burnett on the significance of Trump knowing he's in the Epstein files CNN's Erin Burnett explains how reports that President Trump was briefed that he is named in the Epstein files shine a light on his recent denials of that exact claim. 02:13 - Source: CNN Judge declines to release Epstein grand jury documents A Florida federal judge declined to release additional grand jury documents from the criminal investigation into Jeffrey Epstein, marking the first roadblock in the Justice Department's efforts to quell the public backlash over the handling of the case. CNN's Evan Perez reports. 02:43 - Source: CNN Kaitlan Collins asks Tulsi Gabbard if she's targeting Obama to improve her standing with Trump 00:51 - Source: CNN Trump announces US-Japan trade deal President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between the allies and major trading partners that appeared elusive just weeks ago. CNN's Kristie Lu Stout breaks down what's in the deal. 00:46 - Source: CNN What's behind White House attacks on the Fed Chair? White House advisers are ramping up attacks on Federal Reserve Chair Jerome Powell. CNN's Phil Mattingly explains why the Trump Administration could make Powell's life miserable, even as the President says he has no plan to fire him. 02:09 - Source: CNN Johnson shuts door on House vote before Sept. to release Epstein files Speaker Mike Johnson said he does not plan to allow votes on any measures related to the Jeffrey Epstein case before September, despite intense pressure from some of his own GOP members. 01:10 - Source: CNN Jon Stewart slams CBS for canceling 'Late Show' "The Daily Show" host Jon Stewart slammed CBS during his first broadcast since Stephen Colbert announced "The Late Show" would not return beyond May 2026. Some critics alleged the cancellation of Colbert's show is an effort to smooth the parent company's desired merger with Skydance Media. CBS cited financial reasons for discontinuing the show. 01:49 - Source: CNN Epstein accuser recounts Trump's late-night visit to Epstein's office Jeffrey Epstein accuser Maria Farmer talks to CNN's Erin Burnett about an interaction she had with President Donald Trump and Jeffrey Epstein when she was 25. The White House denies that President Trump visited Jeffrey Epstein's office 03:44 - Source: CNN Will Commanders' billionaire owners give in to Trump? President Donald Trump has threatened to restrict a stadium deal with the NFL's Washington Commanders if they don't change the team name back to 'Redskins.' CNN Contributor and Prime Video host of "The Cari Champion Show" Cari Champion says she has 'a hard time believing' the owners will capitulate. 02:10 - Source: CNN An inside look at one of the most coveted offices in the US Capitol Sen. Chris Coons (D-Delaware) gives CNN's Dana Bash a tour of his office once occupied by the late Senator John McCain, as well as a "hideaway" that offers an impressive view and backdrop for bipartisan discussions both senators are known for. 02:17 - Source: CNN Harvard takes on Trump administration in court Harvard University was back in court for a hearing in its funding fight case against the Trump administration, who froze more than $2 billion in federal funding for research this Spring. Harvard lawyer Steven Lehotsky argued the government is in 'blatant and unrepentant violation' of the First Amendment, as well as Title VI of the Civil Rights Act. CNN's Betsy Klein reports. 01:51 - Source: CNN Democrats walk out before vote for controversial Trump nominee Senate Judiciary Committee Republicans voted on Thursday to advance the nomination of Emil Bove, President Donald Trump's former personal attorney, to a federal judgeship, over the loud protests of Democrats. 01:42 - Source: CNN Trump's 'Manosphere' problems Influential podcasters with large audiences of millennial and Gen Z men helped propel President Donald Trump to victory in 2024. Now some of those same voices are sharing criticisms of the current administration. CNN's Steve Contorno breaks it down. 01:56 - Source: CNN Trump DOJ fires federal prosecutor in Epstein case Maurene Comey, a federal prosecutor in the case against accused sex trafficker Jeffrey Epstein and the daughter of former FBI Director James Comey, has been fired from her job in the Southern District of New York, according to people familiar with the situation. 01:56 - Source: CNN Bernie Sanders calls Trump's GOP 'cult of the individual' Sen. Bernie Sanders (I-VT) tells CNN's Anderson Cooper that Republicans developed an almost Stalinist-type devotion to President Donald Trump. 00:45 - Source: CNN This Native American senator brings Oklahoma ranch style to Washington Sen. Markwayne Mullin (R-Oklahoma) gives CNN's Dana Bash a tour of his Capitol office, which showcases his Cherokee heritage and rancher lifestyle. 02:35 - Source: CNN Ex-Trump business associate on Trump's friendship with Epstein CNN's Erin Burnett speaks with former Trump Plaza Hotel and Casino COO Jack O'Donnell about one of President Trump's previous interactions with Jeffrey Epstein. 02:27 - Source: CNN Fearing ICE crackdown, this family self-deports Fearing increased immigration enforcement, undocumented immigrant Julio Mendoza and his American wife, Sasha, made the difficult decision to self-deport to Mexico with their three children, all of whom are US Citizens. CNN's Priscilla Alvarez reports. 01:35 - Source: CNN
The Star
8 hours ago
- Business
- The Star
S&P 500 and Nasdaq notch record closes
NEW York: The S&P 500 and the Nasdaq notched record high closes on Thursday as robust results from Google parent Alphabet fuelled optimism about other heavyweight artificial intelligence stocks, while Tesla slumped after the electric vehicle maker's results disappointed investors. Alphabet rose 1% as the search giant's results boosted confidence that heavy investment in a race to dominate AI technology is paying off. Shares of Microsoft, Nvidia and Amazon each climbed 1% or more. The US-Japan trade deal and recent signs of progress in talks with the European Union also fuelled Wall Street's gains. "Investors are feeling optimistic about trade negotiations, about the economy, the trend in inflation, as well as the better-than-expected Q2 earnings reports," said Sam Stovall, chief investment strategist at CFRA Research. Tesla tumbled 8.2% after CEO Elon Musk warned of a "few rough quarters" as the US government cuts support for electric vehicle makers. The stock has fallen around 25% so far in 2025. UnitedHealth fell 4.8% after the insurer revealed it was cooperating with a Department of Justice probe into its Medicare practices, following reports of both criminal and civil investigations. IBM dropped almost 8% after its second-quarter results fell flat with investors, hampered by disappointing sales in its core software division. Honeywell fell 6.2% despite topping Wall Street's expectations and raising its annual outlook. The S&P 500 crept up 0.07% to end the session at 6,363.35 points. The Nasdaq gained 0.18% to 21,057.96 points, while the Dow Jones Industrial Average declined 0.70% to 44,693.91 points. Volume on US exchanges was relatively heavy, with 19.9 billion shares traded, compared to an average of 17.8 billion shares over the previous 20 sessions. Eight of the 11 S&P 500 sector indices declined, led lower by consumer discretionary, down 1.23%, followed by a 0.75% loss in materials. American Airlines tumbled nearly 10% after the carrier forecast a big third-quarter loss, hurt by sluggish domestic travel demand. US President Donald Trump's global trade war has created the biggest uncertainty for the airline industry since the Covid-19 pandemic. Markets were also monitoring Trump's planned visit to the Federal Reserve's headquarters on Thursday, following months of the president criticising Fed chair Jerome Powell for interest rates that Trump views as too high. With the Fed widely expected to hold rates steady at next week's meeting, traders see a 60% chance of a September rate cut, according to CME's FedWatch tool. A US Labor Department report showed jobless claims last week fell to 217,000 – well below estimates – signaling continued resilience in the job market. US business activity gained momentum in July, but companies hiked prices on goods and services, fueling economists' predictions of faster inflation in the months ahead, largely driven by rising import tariffs. Declining stocks outnumbered rising ones within the S&P 500 by a 1.3-to-one ratio. The S&P 500 posted 46 new highs and 6 new lows; the Nasdaq recorded 81 new highs and 44 new lows. — Reuters
Daily Mail
11 hours ago
- Business
- Daily Mail
Tax trauma for growth: Labour is squeezing the life out of Britain's flatlining economy, says ALEX BRUMMER
Trade deals are flooding through the White House pipeline, with US-Japan done and rising optimism on a European accord. In Britain, Keir Starmer will be reannouncing his deal with India. It should eventually be good for whisky and car exports, but hackles will be raised by national insurance-free short-term contracts for Indian staff in the UK. The biggest lacuna is the failure of Starmer to secure binding accords on better access for Britain's financial and professional services, the UK's most successful export. Despite Rachel Reeves' Mansion House musings of last week, the Square Mile is unhappy and concerned. Lloyds Bank boss Charlie Nunn warned against further taxes on the financial sector in the Budget. Lloyds' profit bonanza of £2billion in the second quarter of the year will have the Deputy Prime Minister Angela Rayner, who has proposed an additional banking levy, straining at the leash. The danger of further attacks on the City and wealth was highlighted by Goldman Sachs chairman David Solomon this week. All that stands between the UK's flatlining economy and recession is the services sector, which softened sharply in July. The S&P purchasing managers' index, among the most reliable forward indicators, sits at a two-month low at 51, barely above the tipping point into recession. The damage to confidence from a summer of speculation about taxation will be considerable. As S&P notes, employment numbers in July decreased at the fastest pace since February, still being driven by the employers' national insurance hike. It is a Labour myth that increasing taxes on firms, rather than individuals, protects workers. The Government has dug itself a big financial hole with trade union giveaways and big NHS and welfare spending. Taxing its way to fiscal stability can only hamper output. Missing in action There is a puzzling disconnect between Britain's overall economic performance and that of some of our better-run companies. The Prime Minister likes to rattle on about the UK becoming an AI champion with little recognition that in £72billion Relx, the UK's seventh-largest listed company, we already have a champion user. Relx is not helped very much by its well-remunerated chief executive Erik Engstrom who behaves like a hermit and has no public profile. The bosses of public companies, like it not, have a responsibility to explain themselves to all stakeholders. In the case of Engstrom, the best to be expected is boilerplate about success and incomprehensible language which possibly, given its lack of insight, is AI-generated. Among his latest gems is talk of 'leveraging customer understanding to combine leading content and data sets with AI and other technologies'. What that means is anyone's guess. What we do know is that revenues and underlying profit are accelerating and income from 'risk' – that means cyber protection – and legal data are the stars, and are up 9pc. It is terrific that Relx is doing so well and the FTSE 100 recognises that. Given Relx's expertise in deploying artificial intelligence and outperformance, any thoughts about relisting in New York should be extinguished immediately. Changing channels Carolyn McCall at ITV has one of the trickiest gigs in Britain. She runs a company at the heart of the UK's creative sector in a global industry dominated by behemoths such as Netflix and Sky owner Comcast. Under her, and in the face of some investors' scepticism about costs, ITV Studios has become a production powerhouse, supplying terrestrial rival the BBC as well as streaming services. Future growth is expected from Rivals season 2 for Disney, The Reluctant Traveler for Apple TV and Gomorrah for Sky. ITVX, which was greeted by shareholders with outright disdain, but broke even two years ahead of expectation, expects £760million of income next year and has concluded a partnership deal with Disney. No longer is ITV's future as dependent on often volatile linear, terrestrial TV advertising. Despite all of this and a 13.3 per cent rise yesterday to 87.8p, the shares still languish. Time for a reality check.
The Star
11 hours ago
- Business
- The Star
FBM KLCI ends higher as risk appetite returns
SPI Asset Management's Stephen Innes said the FBM KLCI traded firmer, buoyed by hopes that the worst of the tariff storm may be behind. KUALA LUMPUR: Bursa Malaysia finished at its intraday high for the second straight session yesterday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market. At 5pm, the FBM KLCI gained 10.53 points, or 0.69%, to close at an intraday high of 1,540.32, compared to Wednesday's close of 1,529.79. The index opened 1.26 points higher at 1,531.05 and moved between 1,529.71 and 1,540.32 throughout the trading session. Gainers led losers in the broader market 502 to 474, with 496 counters unchanged, 1,044 untraded and seven suspended. Turnover, however, slipped to 2.97 billion shares worth RM2.3bil from 3.27 billion shares worth RM2.26bil on Wednesday. SPI Asset Management managing partner Stephen Innes said the FBM KLCI traded firmer, buoyed by hopes that the worst of the tariff storm may be behind as the US-Japan deal, inked at 15%, has the market betting that other trading partners, including Malaysia, could secure similar outcomes, potentially keeping tariffs below the 20% mark. 'That shift in expectations is stoking risk appetite across Asia. Meanwhile, Prime Minister Datuk Seri Anwar Ibrahim's announcement of RM100 cash handouts for all adult Malaysians and targeted fuel price relief adds a dose of local stimulus, reinforcing the bid on domestic equities. 'Boosted by global optimism and the government fiscal aid, investors are back in force,' he told Bernama. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said a sharp surge in the final hour of trading lifted the composite index, suggesting renewed investor confidence and short-term accumulation ahead of key global macroeconomic events. 'Market sentiment was buoyed by the government's latest fiscal stimulus announcements, which provided a supportive backdrop for risk assets. 'Notably, foreign funds turned net buyers for the day, signalling a shift in sentiment likely driven by the perceived credibility and market-friendly orientation of the new fiscal measures,' he said. Mohd Sedek elaborated that among FBM KLCI constituents, petrochemical stocks led the gains, reflecting sector-specific optimism amid improved global demand signals and positive developments in trade negotiations. The Industrial Products and Services Index extended its winning streak, underpinned by expectations tied to the recent US-Japan trade agreement, which was viewed by markets as a favourable benchmark for regional trade realignments.
