April 25, 2025
Sydney 29

Asian shares plunge as US markets reverse gains, Japan’s Nikkei down 5.6%: 10 things to know

NEW DELHI: Asian markets on Friday slumped with Tokyo’s Nikkei 225 nosediving over 5.6% in early trade, as investors reacted to mounting fears that the US-China trade war is spiralling out of control. The fresh jitters come a day after Wall Street erased much of its historic rally, triggered earlier in the week by President […]

Trump Media: Trump Media expands to Canada and Mexico as tariff chaos engulfs world markets, stock rises 3.2%

File photo: US President Donald Trump (Picture credit: AP) Trump Media & Technology Group (TMTG), the company behind US President Donald Trump’s Truth Social platform, has officially launched its mobile and streaming services, Truth Social and Truth+ TV, in Canada and Mexico, marking its first major international expansion.According to Forbes, TMTG CEO Devin Nunes announced […]

Kevin Hassett Trump Tariff Pause: Trump govt accused of ‘manipulating markets’ through 90-day tariff pause rumor: Here’s what happened

Markets turned green riding on rumors that Trump would consider a 90-day pause on tariffs. Stock markets turned green for a brief moment Monday morning after reports claimed that President Donald Trump is not ruling out a pause on the tariffs. To be more specific, it was reported that a 90-day pause is what the […]

‘Don’t be weak, stupid’, Donald Trump tells Americans minutes before US markets open in deep red

US President Donald Trump US President Donald Trump on Monday said that America could have done something decades ago, referring to his tariff reforms, and asked people not to be weak and stupid. These remarks came just a few minutes before the New York stock market crashed, where the S&P 500 opened 3.2% lower.“The United […]

Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]

‘You have to take medicine to fix something’: Donald Trump after global markets tumble

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday doubled down on his decision to impose sweeping tariffs on imports from around the world, saying he would not back off unless trade imbalances with the US were addressed. Speaking to reporters aboard Air Force One, Trump acknowledged the economic uncertainty caused […]

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell […]

Trump tees off with tariff bogey amid meltdown in US markets

TOI Correspondent from Washington: Pilloried for playing golf while the stock market burned, MAGA supremo Donald Trump tee-d off with claims of an “economic revolution” that has “already” brought in more than $5 trillion investment into the United States.The US President’s tall talk came despite America’s top 500 companies bleeding almost the same amount, $5 […]

‘Extremely dangerous’: Harvard professor raises red flag on Trump’s tariffs as markets tank

US President Donald Trump (Pic credit: AP) US stock futures plunged on Friday, pointing to deeper losses on Wall Street after China struck back with new tariffs in response to the Trump administration‘s sweeping import duties. The tit-for-tat move intensified investor concerns, sending global markets into a tailspin and wiping out trillions in equity value.The […]

US tariffs wipe out $9 trillion in global markets; Trump says will ‘supercharge economy’

Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]