Trade

Japan plans to invest $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the trade agreement it struck with President Donald Trump.

India's non-marine agri exports are valued at $1.3 billion in surplus from the US, while the former exports agricultural products worth $2.8 billion and imports worth $1.5 billion.

US President Donald Trump, while announcing a trade deal with New Delhi early in February, claimed India had agreed to not procure crude oil from Russia.

Venezuela is unlikely to produce large volumes of crude anytime soon, but even limited supplies provide a fallback option for India's largest refiner.

The MSCI Asia Pacific Index dropped for the first time in six sessions with losses in Japan, while South Korean stocks edged a little higher.

India and the US reached an interim trade deal with tariff cuts on US goods and a commitment to buy $500billion in products over five years.

Asian equities rose for a fifth day, with the MSCI Asia Pacific Index hitting a record, driven by attractive valuations and stronger growth prospects.

Asian stocks stayed near record highs ahead of the US jobs report, with weak retail sales fueling expectations of Federal Reserve rate cuts later this year.

The MSCI Asia Pacific Index rose 0.5% to another record, while Japan's Nikkei 225 Index extended its election-fueled rally, gaining 1.8% to an all-time high

The development comes as Bangladesh heads for the February 12 general election to choose new leadership and bring an end to the 18-month Yunus-led interim regime.

Positioning across the so-called systematic strategies was the most common question among Goldmans clients on Friday, underscoring the demand for a view of financial flows.

Asian stocks rose following a Wall Street rally, led by Nikkei's 5.7% surge after Prime Minister Takaichi's election win, boosting market optimism and cyclicals over tech.

Oil prices fell as easing Middle East tensions reduced supply disruption risks, with Brent below sixty eight dollars and WTI near sixty three dollars a barrel.

PM Ibrahim said Malaysia could secure more ways and opportunities to collaborate with India to extend trade beyond $18 billion in 2025.

As part of the US-India trade deal agreement, India will eliminate all import duties on heavy-duty motorcycles with engine capabilities between 800cc and 1600 cc, which will be effective from 'day 1'.

India has intended to purchase $500 billion worth of US goods over the next five years, among other things

United States has committed to a series of easing measures, including the reduction of tariffs to 18% to key Indian sectors.

'Congratulations to the prime minister. Under his able leadership, new opportunities are opening up for the youth of India,' the BJP chief added.

The US has imposed a sweeping 50% tariff on Indian goods entering American markets from August 27.

The exemption — valid until 2047 — marks an unprecedented effort to attract large-scale digital infrastructure investment to India.