Four thousand US dollars are counted out by a banker counting currency at a bank in Westminster, Colorado.

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“The US tariff on rubber will significantly raise our prices in that market, making us less competitive against countries with lower duties like Vietnam or Thailand,” says Shashi Singh, President of AIRIA

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People walk across a pedestrian bridge at the landmark Merlion Park on the Marina Bay waterfront in Singapore.

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The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement today and a stronger US dollar.

The Fed will likely ease policy at the September meeting by 25 basis points, followed by two more cuts in December and March, Nomura economists wrote in a note.