BUSINESS
Bitcoin plunges into Asia open as crypto feels trade war pain
Bitcoin shed about 7% of its value from Sunday night through to Monday morning in Singapore to reach a low point of $77,077
INDIA
Air India pushes jet upgrade to lure back disgruntled passengers
The multi-year turnaround program will initially focus on the airline’s 27 Boeing Co. 787-8 Dreamliners that are more than 10 years old in some cases
WORLD
Japan’s Ishiba seeks broad tariffs deal as stocks rout deepens
Prime Minister Shigeru Ishiba told parliament he would strongly urge President Donald Trump to drop the planned US levies on Japanese imports
MARKETS
TSMC slumps 10% on tariff woes as Taiwan returns from holiday
The chipmaker’s Taipei-listed shares slid 10%, putting pressure on the benchmark Taiex, which fell as much as 9,8%.
WORLD
Chinese stocks suffer ‘panic selling’ as tariff war escalates
The onshore CSI 300 dropped as much as 8.8%, its biggest decline in over five years.
WORLD
This is how Asia Pacific is responding to Trump's reciprocal tariffs
While the baseline charge has kicked in, higher duties on some countries — which replace, rather than add to the 10% rate — are due to start on April 9.
WORLD
TikTok deal stalled by China’s objections to tariffs, says Trump
Before Trump announced widespread tariffs, a deal was reportedly close, advanced by a consortium of US investors including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz
WORLD
China floats rate cuts, stimulus to counter Trump tariff hit
The reserve requirement ratio for financial institutions and the central bank’s policy rates can be cut anytime going forward, the flagship newspaper of the Communist Party said on Monday
BUSINESS
RBI seen extending record cash boost as global uncertainty grows
The authority is expected to inject as much as Rs 4 trillion ($47 billion) through bond purchases and foreign-exchange swaps in the current fiscal year
WORLD
Wall Street gets rude shock as Treasury Secy Bessent plays second fiddle on tariffs
Within the administration, the market fallout has caused nervousness, and officials will be eyeing whether the market fallout extends into a third session on Monday.
WORLD
Musk hopes US, Europe move to zero-tariff free-trade zone
Trump said this week that Musk is likely to depart the White House in a “few months.”
WORLD
From Ray-Bans to wigs, US buyers may see unexpected price hikes
BUSINESS
Southeast asia rushes to avert tariff pain by enticing Trump
Vietnam, Cambodia and Indonesia have said in recent days that they’re open to negotiations over the “reciprocal tariffs” Trump announced this week, while Singapore, a finance and trade hub, said it didn’t plan to strike back.
WORLD
Billionaires poised to lose near half-trillion dollars in 2 days
Friday’s $329 billion drop was the largest since the height of the Covid-19 pandemic in 2020, swamping Thursday’s $208 billion slide.
BUSINESS
Warren Buffett says comments attributed to him on X are all false
Buffet said last year he wouldn’t endorse any political candidate after “numerous fraudulent claims” emerged regarding his positions.
BUSINESS
Trump’s TikTok plan upended by Chinese objections over tariffs
In a post on his Truth Social network, Trump reiterated his desire for China to help negotiate a sale and suggested that the US could provide tariff relief in exchange for Beijing’s approval.
BUSINESS
US stock market wipes out over $5 trillion on Trump’s tariff war
The S&P 500 has lost 11% the past two sessions in the steepest two-day slide since March 2020, when the Covid pandemic pushed the global economy into lockdown.
BUSINESS
JPMorgan says Trump’s tariffs to send US into recession
Trump’s announcement Wednesday of major tariffs on US trading partners around the world sent the S&P 500 index of US stocks to its lowest level in 11 months, wiping away $5.4 trillion of market value in just two trading sessions to close out the week.
BUSINESS
Trump tariffs drive US tech shares to brink of bear market
The selloff represents the biggest slump for the Nasdaq 100 since 2022, a year that saw the benchmark decline 33% amid slowing economic growth and shrinking profits
WORLD
US payroll growth beats forecasts, unemployment rate ticks up
The unemployment rate ticked up to 4.2% as the participation rate climbed. Pay gains were firm.
BUSINESS
Oil slides to four-year low on hit from Trump tariffs and OPEC supply
Fuelling the oil sell-off was a decision by the Organization of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, to advance plans for output increase
BUSINESS
India looks to support edgy exporters after Trump’s tariff blow
With the announcement of harsher-than-expected levies, exporters in India are ratcheting up pressure on New Delhi to seal the trade deal as quickly as possible
WORLD
JPMorgan sees global recession odds at 60% if tariffs sustained
Several Wall Street firms on Thursday warned of a US recession, with some making it their base case, after Trump announced major levies on imports
WORLD
How much wealth did Musk, Bezos, Zuckerberg lose as Trump's tariffs see Wall Street crumble
The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s 13-year history, and the largest since the height of the Covid-19 pandemic
