Asia’s developing economies are being squeezed by Donald Trump’s tariff blitz and China’s retaliation after years of benefiting as low-cost hubs for US exports. Stock markets of emerging nations, mainly part of the Asean group of countries in south-east Asia, have been among the year’s biggest losers from the turmoil created by the US president’s … Read more
Japanese stocks plunged by around 5 per cent in the first minutes of trading on Friday, as dealing floors responded to a big overnight fall in US stocks and the yen’s surge to its highest level since October. Shares in Sony fell by over 9 per cent, Toyota by over 6 per cent and MUFG, … Read more
When China increased restrictions on exports of rare earths last Friday, escalating a trade war with the US, several small Australian miners bucked the global market sell-off to register big gains. Shares in Lynas Rare Earths, Northern Minerals and Arafura Rare Earths rose on investor bets that they could be long-term suppliers of the materials … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Investors fled US funds that hold riskier bonds and loans at a historic pace over the past week as fears that President Donald Trump’s tariffs will deal a heavy blow to the economy … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A brutal sell-off on Wall Street resumed on Thursday as banks and investors warned that Donald Trump’s tariffs could tip the US into recession even as the president stepped back from a full-blown … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dramatic market moves make the value of a theoretical crystal ball that much higher. Sadly for investors in US companies, the next best thing — regular guidance from company executives on the near-term path of … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump called his announcement of huge, self-destructive tariffs “liberation day”. For the financial markets, some liberation from the ensuing days of turmoil came a week later when the US president U-turned, and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amid markets’ relief rally following President Donald Trump’s trade climbdown, one country mustered a more muted reaction: China. That’s understandable, since the US leader raised tariffs on the People’s Republic even as he lowered them … Read more
Tải app one88 để bạn có thể trải nghiệm những giây phút thú vị nhất trong thế giới cá cược và giải trí trực tuyến. Với một giao diện thân thiện cùng nhiều tính năng độc đáo, ứng dụng này không chỉ đem lại cho người dùng những trải nghiệm mượt mà mà còn … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of UBS has criticised proposed reforms to bank capital rules in Switzerland, calling the measures “extreme” and saying they would force the lender to hold 50 per cent more capital. Colm Kelleher said … Read more