News

Note: This section contains information in English only.
Thu, 10 Apr 2025 12:30:04 GMT

Mortgage rates drop

U.S. mortgage rates dropped to 6.61%, the lowest since October, boosting applications by 20% despite global stock declines following Trump's new tariffs.

Thu, 10 Apr 2025 09:30:08 GMT

China retaliates on tarrifs

China will raise tariffs on U.S. goods to 84% in retaliation to new U.S. tariffs. This worsens U.S.-China trade relations as tensions escalate.

Thu, 10 Apr 2025 06:30:08 GMT

Euro zone might have lower growth

Euro zone growth could drop more than expected due to U.S. tariffs, possibly leading to stagnation and lowering inflation.

Wed, 09 Apr 2025 21:30:04 GMT

Reserve Bank of India cuts its key repo rate

The Reserve Bank of India cut its key repo rate again and signaled room for more cuts to boost the economy amid the impact of new U.S. tariffs.

Wed, 09 Apr 2025 18:30:03 GMT

Bank of Japan to monitor risks of the economy

Bank of Japan Governor Ueda said the bank will raise interest rates if the economy recovers, but will monitor risks, especially trade policy uncertainties.

Wed, 09 Apr 2025 15:30:03 GMT

Asia's stock indexes fall

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.

Wed, 09 Apr 2025 14:15:06 GMT

EU to respond on tarrifs

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.

Wed, 09 Apr 2025 12:30:05 GMT

Republicans worry about Trump policies

Republican senators are voicing concerns over Trump's tariff strategy, citing economic struggles for manufacturers, farmers, and U.S. households.

Wed, 09 Apr 2025 09:30:04 GMT

Barclays gets rid of diversity and inclusivity targets

Barclays is dropping its diversity and inclusivity targets in the U.S., following opposition from President Trump, but will continue such goals globally.

Wed, 09 Apr 2025 03:30:05 GMT

Euronext CEO throws shade at U.S.

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.

Tue, 08 Apr 2025 21:30:06 GMT

Taiwan uses stabilization fund

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.

Tue, 08 Apr 2025 18:30:03 GMT

Hong Kong comments on U.S. trade

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.

Tue, 08 Apr 2025 15:30:04 GMT

Vietnam to buy more U.S. goods

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.

Tue, 08 Apr 2025 12:30:04 GMT

Boeing to settle crash lawsuits

Boeing settled with families of two victims from the 2019 Ethiopian Airlines 737 MAX crash just before trial, with terms undisclosed.

Tue, 08 Apr 2025 09:30:03 GMT

Musk wants free trade between U.S and EU

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.

Tue, 08 Apr 2025 06:30:04 GMT

Trump raises construction costs

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%.

Tue, 08 Apr 2025 03:30:03 GMT

Market pressures the Federal Reserve

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.

Mon, 07 Apr 2025 21:30:04 GMT

Oil drops

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.

Mon, 07 Apr 2025 18:30:04 GMT

Nikkei drops

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.

Mon, 07 Apr 2025 15:30:04 GMT

Protests in U.S. against Trump and Musk

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.

Mon, 07 Apr 2025 12:30:03 GMT

Bill Ackman comments on Trump

Bill Ackman urges Trump to pause the trade war, warning it could harm business, investment, and the U.S. reputation if escalated.

Mon, 07 Apr 2025 09:30:06 GMT

New Zealand to increase defence spending

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.

Mon, 07 Apr 2025 06:40:03 GMT

Republicans want congress to approve tariffs

Senator Chuck Grassley introduced a bill requiring congressional approval for new tariffs, following Trump's announcement of new import taxes.

Mon, 07 Apr 2025 03:30:04 GMT

China announces counter tariffs

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.

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