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US consumer sentiment plunges to record low on tariff concerns

15 Mar 2025

US consumer sentiment plunged to a nearly 2-1/2-year low in March and inflation expectations soared amid worries that President Donald Trump’s sweeping tariffs, which have ignited a trade war, would...

Gold scales all-time peak, flirts with $3,000 mark

14 Mar 2025

Safe-haven gold surged to a record high on Friday, trading close to the key $3,000 mark, propelled by ongoing trade war fears and expectations of a rate cut by the...

EU hits back at US with counter-tariffs

12 Mar 2025

Even as US President Donald Trump imposed 25 per cent tariffs on steel and aluminium imports, the European Union (EU) hit back with tariffs on American goods like peanuts, soybeans,...

HSBC downgrades US stocks, turns bullish on EU equities

10 Mar 2025

HSBC on Monday downgraded US equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms.The brokerage lowered US equities to “neutral”...

US employers add a solid 151,000 jobs last month; jobless rate up

09 Mar 2025

US employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of...

US economic worries mount as Trump implements import tariffs

08 Mar 2025

With his flurry of tariffs, government layoffs and spending freezes, there are growing worries President Donald Trump may be doing more to harm the US economy than to fix it.Since...

Stocks, bitcoin down as Trump policies roil markets

07 Mar 2025

Global stock markets tumbled and the dollar retreated on Friday as uncertainty over US President Donald Trump's trade policies roiled markets and traders awaited key US jobs data.Bitcoin plunged as...

European shares up as defence stocks boom; bitcoin surges on Trump plans

03 Mar 2025

European shares and the euro rallied on Monday, after the region’s leaders agreed to draw up a Ukraine peace plan, while bitcoin surged after President Donald Trump unveiled plans for...

Bitcoin jumps 20% after Trump hints at new strategic reserve

03 Mar 2025

Bitcoin surged more than 20% from last week’s lows on Monday and several other cryptocurrencies also rallied sharply after US President Donald Trump raised the possibility of a new US...

US auto industry could be collateral damage in Trump’s global trade wars

02 Mar 2025

President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.If the president goes ahead with 25% taxes on imports from Canada and...

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