In a dramatic response to escalating US trade tariffs, New Zealand cuts interest rates, raising concerns about a global recession. Markets across Asia tumble as Trump's new tariffs take effect. Discover the potential fallout and what it means for economies worldwide.
After a turbulent three days, Asian markets have found stability as stocks recover from steep declines. Measures from the Chinese government and positive comments from Treasury Secretary Bessent have helped restore investor confidence.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
Asian shares tumbled drastically following President Trump's tariff hikes, triggering panic among investors and fears of a global recession. With Wall Street's worst crisis since COVID, market volatility is expected to persist.
Stock markets across the Asia-Pacific region have plunged for a second consecutive day following President Trump's announcement of new tariffs affecting 180 countries, igniting fears of a global trade war and economic downturn.
Stock markets in London, Paris, and Berlin plummet following Trump's tariff announcements, sparking fears of inflation and potential recession. Gold prices soar to record highs amidst market turmoil.
As President Trump warns of new tariffs against the EU and Canada, the crypto market faces uncertainty. Bitcoin and altcoins experience fluctuations, while analysts suggest Asian markets may offer new opportunities.
Asian stocks fell sharply as investors reacted to escalating geopolitical tensions and impending US tariffs. With central banks holding rates steady, the market faces rising volatility and uncertainty about economic growth.
Asian equities fell sharply as fears of a global trade war escalate, triggered by President Trump's new tariffs. Technology shares, particularly Nvidia, suffered a major sell-off, impacting market sentiment.
HSBC is making strategic shifts in its business operations, focusing on Asian markets while restructuring globally. Amid pressure to enhance profitability and navigate geopolitical challenges, the bank aims to streamline operations and boost returns.