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Donald Trump’s anachronistic trade strategy

By Richard Baldwin, professor of international economics at the Graduate Institute, Geneva Donald Trump’s ignominious executive order barring entry

By Richard Baldwin, professor of international economics at the Graduate Institute, Geneva Donald Trump’s ignominious executive order barring entry

Business

Trump to weaken banking rules

President Donald Trump has started the effort to roll back the US laws brought in to regulate banks after the 2008 financial crisis.

President Donald Trump has started the effort to roll back the US laws brought in to regulate banks after the 2008 financial crisis.

News

The end of Trump’s market honeymoon

The market rally is already running out of steam, and Trump’s honeymoon with investors might be coming to an end. There are several reasons for this.

The market rally is already running out of steam, and Trump’s honeymoon with investors might be coming to an end. There are several reasons for this.

Business

Pokemon and Super Mario help Nintendo back into profit

Nintendo reports first quarterly profit in a year thanks to its growing mobile games division, the focus now is on its upcoming Switch console.

Nintendo reports first quarterly profit in a year thanks to its growing mobile games division, the focus now is on its upcoming Switch console.

Business

Weak pound boosts FTSE 100 to new record high

Friday was another standout day for Britain's top share index, taking it to an all-time high after its 14th consecutive daily gain.

Friday was another standout day for Britain's top share index, taking it to an all-time high after its 14th consecutive daily gain.

Business

Animal rights group buys LVMH shares to pressure it over skins

Peta has become a shareholder of French luxury goods maker LVMH so that it can pressure it to stop selling merchandise made from exotic skins.

Peta has become a shareholder of French luxury goods maker LVMH so that it can pressure it to stop selling merchandise made from exotic skins.

News

ECB in the spotlight as investors expect more stimulus boosts

The European Central Bank is expected to extend its generous bond buying scheme and keep its principal interest rate, for refinancing operations, unchanged at zero percent as efforts continue to boost

The European Central Bank is expected to extend its generous bond buying scheme and keep its principal interest rate, for refinancing operations, unchanged at zero percent as efforts continue to boost

Business

Markets shiver but don't catch cold over Italian political turmoil

Markets were a little edgy at the opening - the Milan stock exchange fell as much as 2 percent - but most investors don't expect the country will leave the euro zone.

Markets were a little edgy at the opening - the Milan stock exchange fell as much as 2 percent - but most investors don't expect the country will leave the euro zone.

News

Dow Jones surges to record high

The leading US index rallies instead of the expected Trump post-election meltdown. Shares in banks, construction and defence rise, tech shares fall.

The leading US index rallies instead of the expected Trump post-election meltdown. Shares in banks, construction and defence rise, tech shares fall.

Business

US presidential election: markets vote for the status quo

With the United States set to elect a new president, Business Line looks at the economic background to the vote and its consequences.

With the United States set to elect a new president, Business Line looks at the economic background to the vote and its consequences.

Business

Wall Street not fussed by latest Clinton email probe

US financial markets showed little reaction to the FBI investigating more emails linked to Hillary Clinton's use of a private computer server.

US financial markets showed little reaction to the FBI investigating more emails linked to Hillary Clinton's use of a private computer server.

Business

Samsung gives latest cost estimates for Note 7 disaster

Samsung says will take a hit to its operating profit of about 2.7 billion euros in the next two quarters from scrapping the Note 7 smartphone.

Samsung says will take a hit to its operating profit of about 2.7 billion euros in the next two quarters from scrapping the Note 7 smartphone.

Business

Snapchat moves closer to shares sale

Snapchat has moved closer to an initial public offering of shares having reportedly chosen Morgan Stanley and Goldman Sachs to run the sale.

Snapchat has moved closer to an initial public offering of shares having reportedly chosen Morgan Stanley and Goldman Sachs to run the sale.

Business

Pound hammered by flash crash

The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.

The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.

Business

Rollercoaster Friday for Deutsche Bank on settlement fears and hopes

Deutsche Bank's shares bounced back on Friday after a media report it was close to settling with US authorities over alleged misselling of mortgage-backed securities.

Deutsche Bank's shares bounced back on Friday after a media report it was close to settling with US authorities over alleged misselling of mortgage-backed securities.

Business

Commerzbank's shares slip despite restructuring

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

Business

Scepticism mounts over OPEC production cut move

Oil producers in the OPEC cartel have agreed they need to cut production to address a supply glut and lift prices - but the devil is in the details.

Oil producers in the OPEC cartel have agreed they need to cut production to address a supply glut and lift prices - but the devil is in the details.

Business

Close race for the White House spooks financial markets

Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.

Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.

Business

European markets hit by worries over US rate hike timing

Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.

Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.