
Stock Market Plummets as Recession Fears and Tariff Concerns Mount
Mar 11, 2025 03:40 am UTC| Economy
U.S. stock futures tumbled Monday evening following a sharp sell-off on Wall Street, as recession fears fueled by President Donald Trumps tariff policies rattled investors. SP 500 Futures dropped 0.5% to 5,595.0 points,...

EU Ministers to Discuss Joint Borrowing for Defense Amid Security Concerns
Mar 10, 2025 13:17 pm UTC| Economy Politics
European Union finance ministers will meet Monday to explore funding strategies for defense, including joint borrowing, reallocating EU funds, and expanding the European Investment Banks (EIB) role. The talks, led by...

Dollar Weakens as Trade War Fears and Labor Market Worries Shake Investors
Mar 10, 2025 13:16 pm UTC| Economy
The U.S. dollar started the week on a weak note after last weeks steep losses, driven by signs of a softening labor market and escalating global trade tensions. Investors shifted to safe-haven currencies like the Japanese...

Japan Posts First Current Account Deficit in Two Years Amid Weak Yen and Rising Imports
Mar 10, 2025 13:16 pm UTC| Economy
Japan recorded a current account deficit in January for the first time in two years, as a weaker yen drove up import costs, according to finance ministry data. The deficit reached 257.6 billion yen ($1.75 billion),...

Asian Markets Mixed as Investors Weigh Trump’s Tariffs, China’s Deflation Woes
Mar 10, 2025 13:15 pm UTC| Economy
Asian stocks traded mixed Monday as investors remained cautious ahead of new U.S. tariffs, while Chinese markets fell on rising deflation concerns. Futures for major U.S. indices dropped during Asian trading hours after...

Oil Prices Drop Amid Tariff Concerns and Rising OPEC+ Output
Mar 10, 2025 03:58 am UTC| Economy
Oil prices declined on Monday as investor concerns grew over U.S. import tariffs impacting global economic growth and fuel demand. Increased output from OPEC+ also contributed to the bearish sentiment. Brent crude slipped...

Sheinbaum Rallies Mexicans as U.S. Tariff Pause Boosts National Pride
Mar 10, 2025 03:57 am UTC| Politics Economy
Mexican President Claudia Sheinbaum assured thousands of supporters in Mexico Citys Zocalo Square that Mexicos sovereignty remains a top priority amid U.S. tariff tensions. Addressing the massive crowd waving national...