Earlier this year, Japanese Prime Minister Shigeru Ishiba traveled to Washington with a bold offer. He was aware about President Donald Trump’s frustration over the imbalance in US-Japan trade relations and offered to boost Japan’s cumulative investment in the United States to $1 trillion. It was more than a symbolic…
Asian stock markets swung between gains and losses at Tuesday’s open, as investors worked to assess a fresh wave of tariff threats from U.S. President Donald Trump, targeting 14 US trading partners. While some regional bourses, like Japan’s Nikkei, managed to edge higher, the new tariffs weighed on broader sentiment…
The Japanese yen fell broadly on Tuesday while the US dollar held firm, as currency markets reacted to the latest salvo in President Donald Trump’s chaotic trade war: the unveiling of 25% tariffs on goods imported from key US trading partners Japan and South Korea.President Trump on Monday began notifying…
Shein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a potential London debut, the Financial Times has reported. The Singapore-headquartered company, originally founded in China, submitted a draft…
European stock markets began Tuesday’s trading session with a mixed and tentative tone, with the regional Stoxx 600 index hovering just above the flatline. Investors continue to grapple with persistent uncertainty surrounding US trade policy, even as some breathing room appears to have been granted for negotiations between the European…
Lloyds share price had a strong performance in the first half of 2025, mirroring the performance of other European banks. It jumped by 45% in the year’s first half, reaching a high of 79.10p, the highest level in over a decade. Why LLOY share price jumpedOther European banks did well, with…
A wave of shock and regret has rippled across the globe as key US allies and trading partners digest President Donald Trump’s latest tariff letters, which threaten steep new duties on their exports. Despite the unwelcome news, most nations have publicly expressed optimism that ongoing negotiations will ultimately yield more…
Libya’s National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell. These agreements involve conducting studies for hydrocarbon exploration and development across three Libyan oilfields.Since Muammar Gaddafi’s overthrow in 2011, Libya has been in a state of chaos, making foreign investors hesitant…
Asian equity markets finished mostly higher on Tuesday after US President Donald Trump extended the grace period for a new wave of tariffs targeting 14 trading partners. The White House said tariffs ranging from 25% to 40% would go into effect on August 1, but Trump indicated there would be…
Dow Futures reflected the uncertainty on Wall Street on Tuesday as investors closely track President Donald Trump’s next moves.The Trump administration imposed higher tariffs on 14 nations and the list is expected to extend today.At the time of publication, Dow Futures tumbled by 65 points, or 0.13% while the S&P…