Asian Stocks

Asian Stocks Falter Amid Tariff Fears as Trump Sets Trade Agenda

Asian markets faced another turbulent session on Wednesday as investors grappled with fears of escalating trade tensions under incoming U.S. President Donald Trump. A day after Trump pledged hefty tariffs on Canada, Mexico, and China, market sentiment was rattled across...
US-China Chip

China Dismisses Trump’s Tariff Threats, Cites Fentanyl Scapegoating as a Distraction

Chinese state media responded critically late Tuesday to U.S. President-elect Donald Trump’s promise to impose additional tariffs on Chinese goods, calling his justification of fentanyl trafficking a diversionary tactic. Trump, set to assume office on January 20, has pledged a...
Asia Stock Markets

Asian Markets Waver as Trump’s Tariff Plans Roil Sentiment; NZ Dollar Rallies

Asian markets were mixed on Wednesday as traders assessed the fallout of former U.S. President Donald Trump’s proposed tariffs and looked ahead to key economic data and policy decisions. The New Zealand dollar surged after the nation’s central bank hinted...
Donald Trump

Donald Trump Announces Key Nominations for Second Term

President-elect Donald Trump on Tuesday announced several high-profile nominations for his second term. Among them were Jamieson Greer as U.S. Trade Representative, Kevin Hassett as Director of the White House National Economic Council, and Vince Haley as Director of the...
US dollar

Dollar Soars, Asian Shares Tumble After Trump Tariff Threats on China, Mexico, and Canada

The global financial markets reacted sharply after President-elect Donald Trump announced his intention to impose additional tariffs on imports from China, Mexico, and Canada. In his latest posts on the Truth Social network, Trump detailed plans for a 10% tariff...
Donald Trump

Trump’s Tariff Threats Shake Global Markets and Ignite Trade Feud

President-elect Donald Trump reignited trade tensions and stoked economic uncertainty by announcing his intention to impose sweeping tariffs on imports from China, Canada, and Mexico. The proposed measures, shared via Trump’s Truth Social posts on Monday, include an additional 10%...
Donald Trump

Judge Delays Sentencing in Trump Hush Money Case as President-Elect Prepares for White House Return

The sentencing of President-elect Donald Trump in the criminal hush money case has been delayed indefinitely, a significant legal victory for Trump as he readies to return to the White House in January. Judge Juan Merchan granted the delay, citing...
Scott Bessent

Donald Trump Taps Billionaire Scott Bessent as Treasury Secretary, Setting Stage for Sweeping Economic Overhaul

President-elect Donald Trump announced on Friday the nomination of billionaire hedge fund manager Scott Bessent as Treasury Secretary, marking a pivotal move in shaping the administration’s economic agenda. Bessent, CEO of Key Square Group and a seasoned financial strategist, is...
Xi Jinping

Xi Jinping Pitches Stability as Looming Trump Term Shakes Global Balance

At the G20 summit this week, Chinese President Xi Jinping projected China as a bastion of stability amidst mounting geopolitical uncertainty, as the potential return of Donald Trump to the White House fuels apprehension among Western nations. While Beijing’s diplomatic...
Sean Duffy

Donald Trump Selects Sean Duffy as Transportation Secretary: A Deep Dive into Former Congressman’s Background and Vision

President-elect Donald Trump has tapped Sean Duffy to serve as transportation secretary in his incoming administration. Duffy, 53, is poised to oversee a vast and complex system comprising pipelines, railroads, cars, trucks, airlines, and mass transit systems, along with the...
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