Asian stock markets kicked off Friday’s session with a clear sense of unease, declining for a sixth consecutive day in what has become their longest losing streak of the year. The cautious mood was driven by President Donald Trump’s announcement of new, specific tariff rates, a move that is overshadowing…
The August 1 deadline has arrived, and with it, a new era of US trade policy. President Donald Trump’s administration has officially announced its “reciprocal” tariff rates on countries around the globe, sticking to a steep 25% tariff on India, while surprisingly slashing rates for other South Asian nations like…
European stock markets are poised for a lower open on Friday, with futures pointing to declines across most major bourses. Investor sentiment is being hit by a triple whammy of a profit warning from industrial giant Daimler Truck, a fresh and unexpectedly steep US tariff on Switzerland, and a deluge…
Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President Donald Trump announced sweeping new tariffs on imports from dozens of trading partners. The move sparked a retreat from riskier regional assets, highlighting investor anxiety about the direction of global…
Analysts predict that China’s refined copper output will reach an unprecedented level in 2025. The surge in output is attributed to its expansive smelting industry, which is thriving despite a global copper ore deficit that has led to the closure of some international competitors, according to a Reuters report.China, already responsible…
The Trump administration on Thursday rolled out a sweeping set of tariffs on imports from a wide range of countries, continuing his aggressive trade policy that’s likely to raise prices at home and stir tensions abroad.Set to take effect from Friday, the tariffs range from 15% to as high as…
Nio Inc (NYSE: NIO) rallied about 10% late on Thursday following news that its sub-brand Onvo saw its newly launched L90 electric SUV got sold out in less than three hours.L90’s launch event in Hangzhou concluded Thursday night – and shortly after, the online configurator went live, triggering a wave…
The Nifty 50 Index wavered this week, even as the trade war between the United States and India escalated. It was trading at ₹24,780 on Friday, a few points above this week’s low of ₹24,600. This article explores the impact of tariffs and some of the top stocks to watch…
The FTSE 100 Index reached a record high of £9,192 this week as some of its top constituent companies, including IAG, Rolls-Royce, Shell, HSBC, and Standard Chartered, published their earnings. The index will be in the spotlight next week as more companies release their earnings reports and the Bank of England…
Asian stock markets kicked off Friday’s session with a clear sense of unease, declining for a sixth consecutive day in what has become their longest losing streak of the year. The cautious mood was driven by President Donald Trump’s announcement of new, specific tariff rates, a move that is overshadowing…