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Stock markets are extending a brutal selloff as Trump's trade tariffs spark investor fears.Asian markets are suffering due to concerns over tariffs hitting earnings and economies.Commodities are falling amid recession fears while the Japanese yen has risen as a haven currency.A brutal stock market selloff intensified on Monday as investor fears over the fallout from US President Donald Trump's sweeping new trade tariffs set in.Asia's stock markets opened the week deep in the red as investors fret over the impact of Trump's tariffs on company earnings and economies.The MSCI Asia...

Macron's comments are seen as an attempt to dissuade French tycoons from cozying up to Trump, potentially to try to cut private deals, outside regular EU trade policy. Earlier this month Trump announced that French shipping giant CMA CGM intended to invest €20 billion in the U.S. In January, meanwhile, Bernard Arnault, the head of luxury goods giant LVMH, said he was considering increasing investment in the U.S. and lauded Trump's economic policy. On Wednesday the Trump administration slapped the EU with 20 percent tariffs on all exports to the...

00:00 Speaker A And to some degree, we're already seeing evidence that things are different this time around. We have news of China blocking off investments into the United States, for example, potentially allies abroad teaming up against the US. To what extent is that a headwind that you are concerned about? 00:26 Scott Minerd Well, you know, I I do think that there's been national security concerns about Chinese investment in the United States for a while. So the level has not been significant. So I'm not sure that...

April 2nd, or what the White House is calling "Liberation Day," is inching closer, but investors aren't receiving any liberation from the volatility that's plagued the market for the last few months.Wednesday is shaping up to be the Super Bowl of trade policy as President Donald Trump's reciprocal tariffs are scheduled to take effect, and Wall Street experts are placing their bets on what will happen once they do.It's no easy task to predict Trump's unconventional foreign policy strategy. Just last week he hinted at softening his stance on reciprocal...

In a historic move, India and Sri Lanka are on the brink of signing an ambitious defence cooperation pact, marking a significant shift in their bilateral relations. This agreement, to be signed during Prime Minister Narendra Modi's visit to Colombo, signals a departure from past challenges and a renewed partnership.Alongside the defence pact, India and Sri Lanka aim to establish a currency swap framework and finalize a joint development plan for Trincomalee oil firms with the UAE. These developments underscore growing ties and mutual interests in economic recovery and...

Indian stock markets have staged an impressive recovery in March, rebounding from a protracted period of negative returns that began in October. India has been one of the best performing markets in the last few weeks. The recovery in stock markets is driven by a change in stance of foreign portfolio investors. In the last two weeks of March, FPIs have been net buyers due to aggressive buying of Indian debt. The spate of selling in the equity market has slowed down considerably, compared to the previous months. Supported by...

Beijing , March 25 (ANI): Chinese President Xi Jinping's relatives continue to possess millions of dollars in business ventures and financial investments, Radio Free Asia reported, citing a recent report from US sources.After assuming power in 2012, Xi initiated an anti-corruption campaign designed to eliminate corruption at all tiers of the Communist Party. This initiative, which focused on both high-ranking "tigers" and low-ranking "flies," resulted in the investigation and punishment of hundreds of thousands of officials, as reported by RFA.The RFA report pointed out that the US-backed intelligence agency, the...

As the market's US exceptionalism narrative wanes this year, there are two places investors may want to look to for returns.Amid trade uncertainty and dimming economic prospects, US markets have been rattled in 2025. The recent stock market correction has spurred talk that investors may be better off looking abroad than hoping for US equities to regain their footing. After years of underperformance, international stocks are suddenly in the spotlight as they surpass US peers.According to BlackRock, there are two markets in particular where investors should look to park some...

The global economy is inexorably moving towards a multicurrency system as China’s persistent efforts to internationalise the yuan and technological changes erode the US dollar’s dominant position, economists said at a conference on Monday.“Trade invoicing in yuan went from zero per cent to 30 per cent in the last 10 years, and half of Chinese capital flows are now in yuan, much higher than before,” said Jin Keyu, a professor at the London School of Economics, at a panel hosted by the Milken Institute, a US-based think tank.“The truth is...

Inefficient investments continue to be a drain on the economy, and debt-laden local governments need to ensure that the projects they back are actually needed in their communities.That was the message state-owned Economic Daily delivered in a commentary on Sunday as it put its weight behind national efforts to stimulate domestic demand.Written under the pen name Jin Guanping, the commentary said the incremental capital output ratio had risen from 2.84 in 2008 to 9.44 in 2023. The ratio is a key measure of investment efficiency where a lower value indicates...