India-focused funds experienced outflows for the fifth straight week, but the pace of redemptions eased to $78 million, down from $387 million the previous week and $700 million the week before, according to a report released by Elara Capital. The report further highlighted that all the redemptions of this week came from ETFs with a…
Asian shares dropped along with US stock-index futures as trade tensions dialed up, prompting investors to hold back on taking risky bets. Gold rose in demand for safe haven assets. Indexes in Japan and Australia opened lower. US equity-index futures slipped 0.3% after President Donald Trump ratcheted up trade tensions saying he would double tariffs…
U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for…