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China stocks sink on trade war fears; Hong Kong dives 10%
SHANGHAI, April 7 (Reuters) - Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.Hong Kong's Hang Seng index .HSI slumped more than 10% in morning trade which, if sustained, would...
Australian copper miners plunge as commodity prices track global market sell-off
** Australian copper miners track copper prices lower as commodities and equities around the world remain subject to sell-offs amid fears of an economic slowdown as Trump's tariffs take effect MKTS/GLOB** Australia-listed shares of Capstone Copper CSC.AX tumble as much as 17.1% to a record low o...Reuters
Mon, Apr 7
INDIA STOCKS-India's Nifty 50 set for sharp drop amid global trade war, US recession fears
By Bharath RajeswaranApril 7 (Reuters) - India's benchmark indexes are poised to open sharply lower on Monday, as concerns over a global trade war and growing recession fears in the U.S. triggered a stock market rout.The GIFT Nifty futures GIFc1 were trading at 21,128.5, as of 7:21 a.m. IST, ind...Reuters
Mon, Apr 7
GLOBAL MARKETS-Stocks dive in Asia, markets hunger for rapid US rate cuts
Asian stock markets : https://tmsnrt.rs/2zpUAr4S&P 500 futures drop over 3%, Nikkei slides 6%Futures price in extra 25bps Fed easing this yearTreasuries extend rally, safe haven yen gainsOil dives 2% as global recession risks mountBy Wayne Cole SYDNEY, April 7 (Reuters) - Major stock indexes ...Reuters
Mon, Apr 7
EMERGING MARKETS-Asian stocks sink as tariff worries rattle investors
April 7 (Reuters) - Equities in Asian emerging markets plummeted on Monday to multi-year lows, as fears of a global recession fuelled by U.S. President Donald Trump's harsher-than-expected tariffs gripped markets.The Singapore benchmark index .STI fell 7% at the open and was on course for its bi...Reuters
Mon, Apr 7
EMERGING MARKETS-Asian stocks sink as tariff worries rattle investors
April 7 (Reuters) - Equities in Asian emerging markets plummeted on Monday to multi-year lows, as fears of a global recession fuelled by U.S. President Donald Trump's harsher-than-expected tariffs gripped markets.The Singapore benchmark index .STI fell 7% at the open and was on course for its bi...Reuters
Mon, Apr 7
China stocks sink on trade war fears; Hong Kong dives 8%
SHANGHAI, April 7 (Reuters) - Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.Hong Kong's Hang Seng index .HSI was down 8% in early trade. Shares in online giants Alibaba 9988....Reuters
Mon, Apr 7
Banks, miners drag Australia stocks to over 1-year low on global tariffs rout
April 7 (Reuters) - Australian shares fell 6% at the open on Monday, dragged by heavy losses in banking, mining and energy stocks, as investors fled to the safety of government bonds amid a rout in global markets sparked by U.S. President Donald Trump's tariffs.The S&P/ASX 200 index .AXJO fe...Reuters
Mon, Apr 7
Bill Ackman warns Trump is losing business leaders' confidence
SINGAPORE, April 7 (Reuters) - Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war."The president has an opportunity to call a 90-day time out," Ackman said ...Reuters
Mon, Apr 7
Australia's Abacus Storage King gains on $1.2 bln takeover offer
** Abacus Storage King ASK.AX jumps 11.6% to A$1.295, highest since October 10, 2024** Self-storage facilities provider gets takeover offer from a consortium of Ki Corporation and Public Storage PSA.N, valuing co at A$1.93 bln ($1.2 bln)** Citi says PSA's entry into Australia's market may ra...Reuters
Mon, Apr 7
Berkshire Hathaway's Most Important Business Just Had a Great Year. Here's Why You Shouldn't Get Used to It.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is a difficult company to understand. There's nothing about the individual businesses within the conglomerate that's all that difficult to wrap one's head around. The problem is that there are so many different business lines under the Berkshire umbrella...The Motley Fool
Mon, Apr 7
The Nasdaq Composite Takes the Tariff Tumble. Investors Could Learn This Valuable Lesson.
The Trump administration's broad tariff rollout on April 2 has shaken the stock market. After artificial intelligence (AI) sparked an epic two-year run for the Nasdaq Composite, the bellwether technology-heavy U.S. market index has tumbled 20% from its high, the technical definition of a bear market...The Motley Fool
Mon, Apr 7
Japan's Nikkei sinks to 1-1/2-year low, bank index plunges 17%
TOKYO, April 7 (Reuters) - Japan's Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as concerns over a tariff-induced global recession continued to rip through markets.
Reuters
Mon, Apr 7
Australian energy stocks drop on lacklustre oil prices
** Australian energy stocks .AXEJ down 8.3%, set for their fourth consecutive session of losses, if current trend holds** The sub-index hits its lowest level since early-November 2020** Oil prices fell, extending losses from the previous week, on growing concerns that a global trade war could slow t...Reuters
Mon, Apr 7
REFILE-Australia stocks slump 6% on tariff turmoil
SYDNEY, April 7 (Reuters) - Australian shares fell 6% at the open on Monday, dragged by heavy losses in banking, mining and energy stocks, as investors fled to the safety of government bonds amid a rout in global markets sparked by U.S. President Donald Trump's tariffs.The S&P/ASX 200 index ...Reuters
Mon, Apr 7
Goldman Sachs expects further fiscal easing from China to offset higher tariffs
BEIJING, April 7 (Reuters) - Goldman Sachs said it expects further fiscal easing from China to offset growth drag from higher tariffs announced by the United States late last week, it said in a report. The investment bank also downgraded Taiwan to underweight in its Asian market allocations citing h...Reuters
Mon, Apr 7
GLOBAL MARKETS-Asia stocks, oil prices plunge; markets hunger for rapid US rate cuts
Asian stock markets : https://tmsnrt.rs/2zpUAr4S&P 500 futures drop over 4%, Nikkei slides almost 8%Futures price in extra 25bps Fed easing this yearDollar down with Treasury yields, yen climbs Oil dives as global recession risks mountBy Wayne Cole SYDNEY, April 7 (Reuters) - Asian stock mark...Reuters
Mon, Apr 7
Taiwan stock exchange to unveil more market stabilisation steps if needed
TAIPEI, April 7 (Reuters) - The Taiwan stock exchange will roll out more policies in coordination with the financial regulator to stabilise markets if there are irrational falls, exchange Chairman Sherman Lin said on Monday.The stock exchange will maintain flexibility in stabilisation measures this ...Reuters
Mon, Apr 7
Australia stocks slump 6% on tariff turmoil
SYDNEY, April 7 (Reuters) - Australian shares fell 6% at the open on Monday, dragged by heavy losses in banking, mining and energy stocks, as investors fled to the safety of government bonds amid a route in global markets sparked by U.S. President Donald Trump's tariffs.The S&P/ASX 200 index...Reuters
Mon, Apr 7
Trump, asked about markets, says sometimes you have to 'take medicine'
ABOARD AIR FORCE ONE, April 6 (Reuters) - U.S. President Donald Trump on Sunday said that sometimes you have to take medicine when asked about falling markets, adding that he was not intentionally engineering a market selloff.Reuters
Mon, Apr 7
