Asian stocks decline ahead of tariffs announcement
A regional gauge of equities fell 0.8% with indexes in Japan and South Korea declining after both the S&P 500 and Nasdaq 100 slipped
Trump says reciprocal tariff plan on all nations ‘lenient’
Trump has promised a sweeping tariff announcement next Wednesday, touting it as a “Liberation Day” against trading partners
Most carmakers stand to lose from Trump’s auto tariffs. But there's one notable winner
Elon Musk's Tesla Inc. has large factories in California and Texas that churn out all the electric vehicles it sells in the US
Asia stocks skid, dollar at 3-week top as Trump announces auto tariffs
Japan's Nikkei fell 1.2% while South Korea's KOSPI dropped 0.9%. Japanese and South Korean automakers have a big presence in the US market
Trump hits auto imports with 25% tariff starting next week
The president said the tariffs would go into effect on April 2 and that the US would start to collect them a day later
Trump may implement copper import tariffs within weeks
Trump has threatened to impose a duty of as much as a 25% on all copper imports
Tesla extends dismal run in Europe with 40% drop in February
The Elon Musk-led company registered 16,888 new cars in February, down 40% from a year ago
Xiaomi seeks up to $5.3 billion in jumbo share sale
Xiaomi is investing aggressively in its nascent EV business to drive growth. It recently increased its 2025 EV delivery target after posting the fastest revenue growth since 2021.
Jerome Powell says Trump can’t fire him. That might change
On Tuesday, the Trump administration dismissed the Federal Trade Commission’s two Democratic commissioners, Alvaro Bedoya and Rebecca Kelly Slaughter
Powell’s remarks to be scrutinized as Fed set to hold rates steady
Fresh tariffs from the Trump administration, paired with retaliatory action from US trade partners, have dented consumer sentiment and fanned Americans’ expectations for future inflation
US Fed Meeting highlights: Surveys hint at tariffs driving inflation expectations; recession odds have risen, says Powell
Stocks rose and bonds pared losses after the Federal Reserve held rates steady as widely expected, while continuing to project two reductions by the end of 2025
BofA warns of Chinese stock correction ‘soon’ in 2015 repeat
The Hang Seng China Enterprises Index and the MSCI China Index have both surged at least 30% from mid-January lows, akin to the pace of gains seen in 2015 before the market plummeted, strategists led by Winnie Wu wrote in a Monday note.
Meta becomes final magnificent 7 stock to turn negative in 2025
The Facebook parent fell more than 4%, extending a recent selloff.
Tesla’s stock decline fuels $16.2 bn in hedge fund short seller profits
Hedge fund short sellers have gained $16.2 billion as Tesla's stock value halved over three months, driven by falling sales, Elon Musk's political controversies, and economic uncertainty
Fed Day, once the stock market’s fixation, takes on new meaning
For years, Federal Reserve meetings have been the main event on Wall Street as the central bank fought to contain runaway inflation
JPMorgan stock traders reel in windfall as Trump whipsaws market
JPMorgan Chase & Co. is on track to boost revenue from equities trading by more than 30% this quarter from a year earlier
EM stocks set for best month since September on China boost
The MSCI Emerging-Market Index has risen nearly 3% in March, on track for the largest monthly advance since September, driven mainly by advances in Chinese equities.
Oil prices jump; optimism over China's consumption stimulus boosts Asia shares
The week is a busy one with a series of central bank policy meetings, including by the U.S. Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday.
‘Buy the dip’ calls fade as Trump selloffs rattle Wall Street
In their place are growing calls to lock in profits and sit on the sidelines while Trump’s trade-war chaos upends the economic outlook
Hedge funds slash Asia bets by most in four years, says Goldman Sachs
The Wall Street bank saw the largest decline in hedge fund positions in the region on Monday in four years, it said in the note, without specifying the type of assets.
Worst of US equity correction likely over, says JPMorgan
JPMorgan’s view offers investors some relief after mounting fears that the world’s biggest economy would contract pushed stocks near correction territory.
White House says US in period of 'economic transition'
In a recent White House briefing, Press Secretary Karoline Leavitt addressed the state of the U.S. economy following a significant plunge in the stock market. Leavitt explained that the country is currently undergoing an "economic transition," emphasizing President Trump’s ongoing commitment to restoring American manufacturing and global dominance. With tariffs on steel and aluminum set to take effect tomorrow, Leavitt reiterated the administration's stance and its focus on revitalizing U.S. industry. Watch as the White House responds to tough questions about the economic outlook and the president's role in this volatile moment.
World facing Trump’s tariffs watches Canada test ways of fighting back
Canadian officials have gone hostile in their responses to Trump’s trade war.
Wall Street storms back after US inflation surprise
Equities rebounded after a selloff that put the S&P 500 on the verge of a technical correction.
Goldman’s Solomon says US CEOs want policy certainty from Trump
Goldman Sachs Group Inc. CEO David Solomon said headwinds from tariffs are hampering dealmaking activity
