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Markets
Crude oil prices drop 6% as OPEC output rises and Trump's tariffs hit
Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a larger-than-expected production increase by OPEC and its allies adding further pressure to the sell-off.
Business
Trump open to tariff negotiations as Wall Street wipes out trillions
US President Donald Trump signalled openness to negotiations regarding the announced reciprocal tariffs on Thursday, as US stock markets nosedived on tariff shocks. Wall Street experienced its worst session since the 2020 pandemic period.