Tag: markets
Why some are accusing Trump of manipulating stock markets
By Maria Aspan Wall Street has been whipsawed for more than a week by President Trump’s every word about tariffs. Now he’s facing accusations of using his power to deliberately manipulate the markets. The scrutiny started with a tale of two social-media posts. On Wednesday, shortly after the U.S. stock market opened, Trump posted on…
Asia markets soar, after President Trump pauses global tariffs
By Sherisse Pham HONG KONG – Asian markets soared on Thursday in line with Wall Street’s gains the day before, following President Trump’s announcement of a pause on his higher global tariffs. Hong Kong’s Hang Seng Index also gained 2%, while key indices in China also rose slightly. But investors are still looking to Beijing…
World markets regain some ground after Trump tariffs shock investors
By Willem Marx Shares in Europe and Asia rebounded slightly on Tuesday after several days of sustained sell-offs that saw equity markets crater since President Trump’s announcement of global trading tariffs. U.S. stock markets may now also be poised for a small jump at the start of the trading day, according to futures trading data…
Asian markets plunge with Japan’s Nikkei diving nearly 8% after big Wall St. meltdown
By The Associated Press BANGKOK — Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing. U.S. futures also signaled further weakness. The future for the S&P 500 lost 2.5% while that for the Dow Jones Industrial Average shed 2.1%. The…
Trump’s tariffs have shaken the markets – how worried should we be?
As stock markets continue to tumble after the US imposition of sweeping and swingeing tariffs, many are asking does this qualify as a stock market “crash” and what that could mean for them. The word crash has been used sparingly over the decades and is usually reserved for a fall of over 20% from a…
Markets in Asia and Europe fall following U.S. announcement of global tariffs
By The Associated Press BANGKOK — Shares tumbled in Europe and Asia and U.S. futures tumbled Thursday following U.S. President Donald Trump ‘s announcement of big increases in tariffs on imports of goods from around the world. The double-digit tariff hikes sent shivers across world markets, as economists warned it raises the risk of recession.…
Markets sink as Trump confirms tariffs on Canada, Mexico and China
President Donald Trump is moving forward with 25% tariffs on goods imported from Canada and Mexico into the US, saying that time had run out to reach a deal. US stock markets sank in response to the measures, which have been threatened since earlier this year and are due to go into effect on Tuesday.…
Massive cleanup under way in Ghana after fire destroys one of world’s biggest secondhand markets
Thousands of traders face ruin after blaze razes two-thirds of Accra’s Kantamanto, which receives an estimated 15m used clothes from global north each week A huge cleanup operation is taking place after a fire devastated one of the world’s biggest secondhand clothes markets. Thousands of traders’ stalls were destroyed in the blaze that started at…
European stocks close higher after holiday closures; Delivery Hero sheds 4%
European stocks were higher on Friday, as markets Source: www.cnbc.com