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...
Tech stocks

Asian Stocks Edge Higher as U.S. Markets Await Trump Cabinet Appointments and Fed Signals

Asian stocks gained modestly on Tuesday, buoyed by Wall Street’s recovery and easing U.S. bond yields, while the dollar hovered near multi-month lows. Investors monitored President-elect Donald Trump's cabinet appointments, scrutinizing their potential influence on Federal Reserve policy and global...
Cryptocurrency

Bitcoin Nears All-Time High Amid Renewed U.S. Embrace of Crypto Under Trump

Bitcoin is back in the limelight, edging close to its all-time peak, as the digital-asset industry experiences a resurgence fueled by favorable developments in the United States. The ascent, buoyed by policy optimism under President-elect Donald Trump and major corporate...
Joe Biden-Xi Jinping

Xi Jinping-Joe Biden Meeting in Peru: Superpower Rivalry in Shadow of a Trump Comeback

U.S. President Joe Biden and China’s leader Xi Jinping addressed their nations' intensifying rivalry, striving to avert open conflict amid mounting global tensions. The dialogue, held at a Lima hotel during the Asia-Pacific Economic Cooperation (APEC) forum, was likely one...
Donald Trump

Trump Team Asserts Confidence in Cabinet Picks Amid Expected Pushback

As Donald Trump prepares to assume the U.S. presidency for a second term, his transition team and supporters are doubling down on a strategy they say prioritizes loyalty and disruption over conventional political credentials. Donald Trump Jr., speaking on Fox...
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