Trump tariffs risk large euro-area ‘demand shock’, central banker warns

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Donald Trump’s sweeping tariffs risk triggering a large “negative demand shock” in the Eurozone, a senior European Central Bank policymaker said as the ECB weighs an interest rate decision later this … Read more

Tariff fears pummel Australian stocks

Asian equities plunged in early trading on Monday as a global stock market rout continued following a weekend where US officials made no indication they would back down from Donald Trump’s sweeping new tariff regime. Japan’s benchmark Topix index fell over 9 per cent in the first 30 minutes of trading, while South Korea’s Kospi … Read more

Big investors look to sell out of private equity after market rout

Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Large institutional investors are studying options to shed stakes in illiquid private equity funds after the rout in global financial markets pummelled their portfolios, according to top private capital advisers. The calls by pensions and … Read more