Trump imposes reciprocal tariffs on all trading partners

Trump imposes reciprocal tariffs on all trading partners

President Donald Trump has announced he is launching reciprocal tariffs against all U.S. trading partners which would be calculated on a country-by-country basis and would take both tariff and non-tariff barriers into account. U.S. markets have so far shrugged off the latest tariff threats while wholesale inflation shows signs of slowing. Europe’s largest lender, HSBC, is due to announce a new round of global job cuts which could amount to $1.5bn. Meanwhile, Santander denies reports of a potential sale of its UK retail arm to Natwest. And Italian luxury brand Moncler posts a robust top and bottom line quarterly beat, driven by strong demand in China.

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Episoder(1822)

 Japan's Takaichi bets big and secures landslide super-majority

Japan's Takaichi bets big and secures landslide super-majority

Japanese Prime Minister Sanae Takaichi secures a snap election landslide to pave the way for major fiscal spending. Her decisive victory pushed the Nikkei beyond the 57,000-mark for the first time and...

9 Feb 28min

U.S. tech sell-off stretches to third day

U.S. tech sell-off stretches to third day

The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto...

6 Feb 27min

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns re...

5 Feb 28min

European corporate earnings in full swing

European corporate earnings in full swing

UBS posts quarterly profit of $1.2bn and hikes its dividend by 22 per cent and reaffirms its forecasts for the year. The Swiss lender says it is on track to fully integrate Credit Suisse later this ye...

4 Feb 26min

KOSPI and Nikkei lead global market recovery

KOSPI and Nikkei lead global market recovery

Global equity markets bounce back with South Korea’s KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the...

3 Feb 29min

Metal prices continue last week's rout

Metal prices continue last week's rout

Gold and silver spot prices continue to plunge following Friday’s rout which saw the worst one-day decline since 1980 as investors digest President Trump’s decision to nominate Kevin Warsh as Federal ...

2 Feb 26min

Markets await new Trump Fed pick

Markets await new Trump Fed pick

European equities are set to open in the green but Stateside futures are expected to lose ground ahead of President Trump’s eagerly anticipated announcement of a new Federal reserve chairman. Former F...

30 Jan 26min

Tesla sales slump in first annual revenue drop on record

Tesla sales slump in first annual revenue drop on record

Tesla suffers a fall in its annual vehicle sales for the first time in its history but shares are still in the green as the auto maker posts a beat on earnings. Tesla has also announced it will be axi...

29 Jan 28min

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