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India sticks to Russian oil despite Trump threats
Description
Market news for August 4, 2025: Asian markets fluctuate as traders weigh tariffs, US jobs; US dollar tumbles, traders bet on more US rate cuts after weak jobs report; India hasn’t stopped Russian oil purchases after Trump rebuke; South Korea stocks rebound as petition to withdraw tax proposal gains momentum.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written and hosted by: Emily Liu (emilyliu@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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