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Markets
Wall Street rallies to historic gains as Trump halts most tariffs
Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.
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Business
Beijing vows to 'fight to the end' as Trump threatens 50% more tariffs
In response to Trump’s threat of an additional 50% in tariffs, China vowed to “fight to the end” while stepping in to stabilise its stock markets following a sharp plunge. Broader markets rebounded on dip-buying as investors await developments in trade negotiations.
Markets
US markets sink further as Europe offers openness to zero tariffs
US stocks fell further as tariff fears deepened, with the S&P 500 entering bear market territory. Trump defended new trade barriers, while Europe signalled openness to talks. Recession risks rose, and investors shifted to defensive sectors.
Markets
Wild market swings: Stocks volatile on Wall Street as tariff woes hit
Wild swings dominated Wall Street's trading session on Monday with the market catapulting from an early drop that had dragged it 20% below its record to a sudden rise, only to revert to losses as worries remain about whether President Donald Trump’s trade war will torpedo the global economy.
Markets
Week ahead: Investors brace for a major trade war as China retaliates
The week’s focus will be on any tariff updates from the Trump administration and retaliatory measures from other economies. Additionally, US and Chinese inflation data, as well as the Reserve Bank of New Zealand’s rate decision, will be in the spotlight for financial markets.
Markets
Bloodbath for European markets as stocks see worst fall since 2020
European equities plunged in their worst session since March 2020, as the global market rout intensified. Safe-haven assets gained as investors brace for prolonged volatility amid rising inflation fears and no immediate central bank support.
Business
Trump denies causing market sell-offs but sticks to trade deficit goal
Global stock markets deepened losses during Monday’s Asian session as US President Donald Trump reiterated his commitment to eliminating US trade deficits—particularly with China—while denying any intention to fuel market turmoil.
