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Currencies

Asian Shares Rise After Selloff On Trump’s Tariffs: Markets Wrap

This content was published on April 1, 2025 - 06:01 (Bloomberg) — Asian shares snapped a multi-day losing streak amid increased volatility ahead of President Donald Trump’s tariff rollout plan. A regional gauge gained as much as 1.1% with stocks in Taiwan and South Korea rising the most. US equity-index futures slipped after the S&P 500 staged a late rally, showing markets remain under pressure. Gold hit a record high on demand for haven assets while the dollar strengthened marginally against most of the Group-of-10 currencies.  Traders got further details on...
Currencies

Asian Stocks Decline After Tariffs Spark US Rout: Markets Wrap

This content was published on March 4, 2025 - 01:19 (Bloomberg) — Asian stocks fell Tuesday, tracking US shares lower as President Donald Trump’s pledge to impose tariffs on trading partners raised the spectre of a trade war hitting global economic growth.Tokyo and Sydney shares were down, with futures showing equity benchmarks in Hong Kong to open lower Tuesday. The S&P 500 declined almost 2% as the US president said Mexico and Canada couldn’t negotiate a reprieve from tariffs set to take effect Tuesday and signed an order doubling a...
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