Most Asian currencies, equities fall on US tariff, slow rate cut concerns

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Most Asian currencies, equities fall on US tariff, slow rate cut concerns
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(Reuters) - West Ham United have named Graham Potter as their new head coach to replace Julen Lopetegui on a two-and-a-half year contract, the Premier League club announced on Thursday.

Thai Criminal Court acquits three celebrities in high-profile Forex -3D case; including high-flying Singaporean businessman

CNN reported on Wednesday that Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries. U.S. Federal Reserve officials worry that Trump's proposed tariffs, which include tariffs of 10% on global imports and around 60% on Chinese goods, and his immigration policies may prolong the fight against rising prices.

The threat of tariffs has led to a selloff in global bond markets with the U.S. benchmark 10-year yield touching a more than eight-month high on Wednesday, providing support for the dollar and adding pressure to Asian currencies and bonds.The Thai baht slipped 0.2% while the Taiwan dollar retreated 0.3%. Indonesia's 10-year benchmark yield rose to 7.214%, hitting its highest level in more than 6 months.

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