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Business
Trump claims China meeting despite Beijing denying trade talks
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.
Economy
Markets rebound as Trump signals cutting China tariffs 'substantially'
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.
Markets
Investors flee US assets as Trump attacks Fed chair Jerome Powell
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
Markets
Markets this week: Tesla, Microsoft and Alphabet earnings in focus
Investors will closely watch the trajectory of global business activity in the manufacturing and services sectors this week. Meanwhile, major US tech companies—including Tesla, Microsoft, and Alphabet—are set to report first-quarter earnings, driving the market movements.
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Economy
Trump team tries to bolster confidence after tariffs chaos in markets
While investors remain anxious about the impact of tariffs on global markets, White House advisors are warning against panic. The fast-changing nature of Trump's trade policies means this message is — however — hard to swallow.
Markets
Week ahead: ECB rate decision, China’s GDP, and major company earnings
This week, the European Central Bank’s (ECB) interest rate decision will take centre stage. The bank is expected to continue reducing its benchmark policy rates amid mounting economic risks linked to tariffs. In Asia, China’s GDP will be closely watched by investors.
Markets
European stocks to rise as Trump hints at return of electronic tariffs
The euro surged further against the US dollar, and European stock markets are set to open higher as the White House exempts electronics from the reciprocal tariffs. However, US President Donald Trump and his team hinted that the exemption would only be temporary.
Culture news
The real ‘Wolf Of Wall Street’ gives Donald Trump his backing
“An insider trading scandal is brewing,” according to Trump's opponents, suspicious over a message the president sent before the stock market surged when he paused tariffs. Now, Jordan Belfort has given the president his full backing.
Markets
Euro soars to 3-year high as investors flee US assets over tariff woes
The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.