Bank of Japan Governor Ueda said the bank will raise interest rates if the economy recovers, but will monitor risks, especially trade policy uncertainties.
Asia's stock indexes dropped after Trump's 104% tariffs on China hit, and a Treasury selloff raised fears of foreign funds leaving U.S. assets. The yuan weakened further.
The EU approved retaliatory tariffs on U.S. goods starting April 15, targeting products like poultry, grains, and metals, in response to U.S. steel and aluminum duties.
Republican senators are voicing concerns over Trump's tariff strategy, citing economic struggles for manufacturers, farmers, and U.S. households.
Barclays is dropping its diversity and inclusivity targets in the U.S., following opposition from President Trump, but will continue such goals globally.
Euronext CEO Stephane Boujnah says the U.S. is becoming more like an emerging market, with volatility and uncertainty growing amid new tariffs and shifting values.
Taiwan activated its $15B stock stabilization fund after sharp market drops caused by U.S. tariffs, including a 32% tariff on Taiwan's exports announced by Trump.
Hong Kong criticized U.S. tariffs as disruptive and pledged to sign more free trade pacts, while avoiding retaliatory tariffs on the U.S. for now.
Vietnam plans to buy more U.S. goods, including defense products, and seeks a 45-day delay on U.S. tariffs, while also requesting faster plane deliveries.
Boeing settled with families of two victims from the 2019 Ethiopian Airlines 737 MAX crash just before trial, with terms undisclosed.
Elon Musk called for a "zero tariff" trade deal between the U.S. and Europe, opposing Trump's new tariffs, and advocating for a free trade zone.
Trump's new tariffs raise construction costs, but exempt key materials like lumber and copper. Chinese imports face a 34% levy, while EU goods are taxed at 20%.
Markets and Trump pressure the Fed for a rate cut, with traders betting on five cuts this year, starting in May. Trump urges the Fed to act faster.
Oil prices dropped nearly 3% after an 11% fall last week, amid trade war fears. Saudi Arabia cut export prices for May, following an OPEC+ output increase.
Japan's Nikkei dropped 7.8% to 31,136.58, hitting a 1.5-year low, with bank stocks plummeting 17% amid global recession fears from rising tariffs.
Thousands protested across the U.S. on Saturday, with over 20,000 rallying at the National Mall against Trump and Elon Musk's push to expand presidential power.
Bill Ackman urges Trump to pause the trade war, warning it could harm business, investment, and the U.S. reputation if escalated.
New Zealand will increase defense spending by NZ$9B over 4 years, aiming for 2% of GDP in 8 years, amid rising global tensions, says PM Christopher Luxon.
Senator Chuck Grassley introduced a bill requiring congressional approval for new tariffs, following Trump's announcement of new import taxes.
China announced new countermeasures, including 34% tariffs on U.S. goods and export curbs on rare earths, escalating the trade war. The tariffs start April 10.
Visa launched Aric Risk Hub, an AI-driven platform to help banks and financial institutions combat fraud and financial crime effectively.
Global spending on financial market data and news reached $44.3bn in 2024, rising 6.4%, slower than the previous year's growth.
Japanese bank shares fell 10% on fears U.S. tariffs could harm global growth, delaying rate hikes. Mitsubishi UFJ, Japan's largest bank, saw a 10% drop.
Volvo will increase its investment in a truck factory in Nuevo Leon, Mexico, to $1 billion, with construction costs for the Monterrey site rising.