SYDNEY/LONDON, April 23 – Worldwide financial markets breathed a sigh of relief on Wednesday as President Donald Trump dialed back his earlier critical remarks about Federal Reserve Chairman Jerome Powell. The clarification brought a wave of calm to investors who had been shaken by the previous day’s rhetoric. Trump Retreats from Fed Dismissal Talk In … Read more
SINGAPORE/LONDON, April 11 – Global financial markets closed the week in disarray as a storm of escalating trade hostilities between the United States and China rattled investor confidence, sending stocks on a volatile rollercoaster and causing the dollar to nosedive. Friday saw a frenzied end to a turbulent week as investors scrambled to reposition themselves … Read more
PARIS, April 8 – The global economic community is voicing concern as the United States appears to undergo a significant transformation in its economic behavior and policy direction. This shift has sparked reactions across major financial markets and has prompted strong commentary from international financial leaders, including the CEO of Euronext, Stephane Boujnah. During a … Read more
April 4 – U.S. stock futures plunged on Friday morning, signaling further turbulence in the markets after China hit back with steep tariffs on American products. The retaliatory move deepened trade tensions and added fuel to concerns about a broader economic downturn. The Chinese Ministry of Finance revealed that starting April 10, all U.S. goods … Read more
March 28 – Elon Musk’s artificial intelligence company, xAI, has officially acquired X, the social media platform formerly known as Twitter, in a strategic deal that values the platform at $33 billion. This acquisition is expected to further integrate AI-driven advancements within X while also allowing xAI’s value to be shared with its co-investors. A Move … Read more
ISTANBUL, March 19 – Turkey’s financial markets faced a significant downturn on Wednesday following the arrest of Ekrem Imamoglu, the mayor of Istanbul and a key opposition figure. The Turkish lira plunged as much as 12.7%, reaching an all-time low of 42 to the U.S. dollar before recovering slightly to 38.90 later in the day. … Read more
NEW YORK, March 14 – The U.S. stock market has been on a rollercoaster ride in recent weeks, with sharp declines fueled by ongoing trade policy uncertainties and economic concerns. Investors are now shifting their focus to the Federal Reserve’s upcoming meeting, hoping for signals on potential interest rate adjustments that could bring some stability. … Read more
NEW YORK, March 10 – Investor sentiment has taken a dramatic turn as concerns over the economic impact of ongoing trade tariffs drive a widespread sell-off in equities. The uncertainty surrounding President Donald Trump’s policy decisions, particularly in relation to tariffs against major trading partners such as China, Mexico, and Canada, has led to a … Read more
OTTAWA, March 7 – In a bid to strengthen its economy and support businesses facing trade challenges, Canada has introduced a C$5 billion initiative aimed at helping exporters explore new markets. This move comes as part of a broader strategy to protect Canadian industries from economic disruptions caused by evolving trade policies. Aiding Canadian Businesses … Read more
GDANSK/TOKYO, Feb 28 – Global stock markets experienced a sharp downturn on Friday, reaching their lowest levels in six weeks as concerns over impending U.S. tariffs rattled investor confidence. The U.S. dollar remained firm, hovering near multi-week highs, while fears of an escalating trade war reignited worries about the global economic outlook. Technology stocks bore … Read more