Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners. Trump's orders for additional levies of 25 per cent on imports from Mexico and most goods from Canada, as well as 1
India's benchmark indexes closed lower on Monday, extending their losing streak to a fifth straight session, as concerns over slowing growth in the US and persistent selling by foreign investors rattled domestic investors. The Nifty 50 (.NSEI) fell 1.06 per cent to 22,553.35, while the BSE Sensex
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon's shares fell as much as 5 per cent in extended trade after the fourth-quarter earnings report, erasing a
Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of trade war after Donald Trump put tariffs on top US trading partners. Trump's orders for additional levies of 25 per cent on imports from Mexico and most goods from Canada, as well as 10
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday signed an executive order imposing tariffs on its largest trading partners, with markets seen as not having fully factored in risks from higher levies on foreign import
Semiconductor stocks in the US and Europe climbed on Wednesday, leading a recovery in artificial intelligence-linked stocks after China's low-cost DeepSeek AI tool triggered a punishing selloff this week. European technology stocks rose, fuelled in part by a near 10 per cent surge in shares of ASM
US stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on US dominance and spending in one of the market's hottest sectors. Overnight, chipmaker Nvidia dived 17 per cent, wiping
US stocks were headed for a sharp drop on Monday, led by technology shares, as surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence model raised doubts over the sector’s lofty valuations. Tumbling global equities prompted a widespread flight to safety, with U
People take pictures on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai, China August 6, 2024. REUTERS/Nicoco Chan/Files Global stocks eased on Thursday, halting a rally sparked by US President Donald Trump’s mammoth spendi
Sri Lanka's All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) surpassed the 16,500 mark for the first time in history on Tuesday, official data shows. Meanwhile, the S&P SL20 also made history by crossing 5,000 points for the first time, reports Xinhua. These developments are the l
Shares of Japanese automakers and South Korean battery makers fell on Tuesday, after US President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles. But Chinese manufacturers bucked the trend, with sto
European shares edged up to a near three-month high on Monday, supported by banks and travel stocks, as investors braced for Donald Trump to be sworn in as US president. The pan-European STOXX 600 (.STOXX) was up 0.1 per cent as of 0952 GMT, after adding more than 2 per cent over the last week. U
European stocks and US futures rose on Tuesday as a sell-off in bond markets moderated, although investors remained cautious ahead of US inflation data on Wednesday and the start of US President-elect Donald Trump’s second term in office next week. Nasdaq 100 futures rose 0.7 per cent in the
