Tariff Relief: Trump's Electronics Tariff Pause Sparks Market Surge

Apr 15, 2025 04:21 am UTC| Economy

President Trump temporarily relaxed tariffs on electronics by cutting rates considerably on items such as smartphones, laptops, and semiconductors from a high of 125% to approximately 20%. The action is meant to mitigate...

China’s Export Surge Faces Headwinds as U.S. Tariffs Intensify

Apr 14, 2025 08:54 am UTC| Economy

Chinas exports likely accelerated in March as factories pushed out shipments ahead of U.S. President Donald Trumps sweeping new tariffs. Economists expect outbound shipments to have risen 4.4% year-on-year, up from a 2.3%...

Oil Prices Hold Steady Amid US-China Trade War Tensions

Apr 14, 2025 08:54 am UTC| Economy

Oil prices were largely flat in early Monday trading as markets weighed the escalating U.S.-China trade war and its potential impact on global economic growth and fuel demand. Brent crude rose slightly by 4 cents to $64.80...

Dollar Struggles Near Three-Year Low Amid Tariff Turmoil and De-Dollarisation Fears

Apr 14, 2025 08:54 am UTC| Economy

The U.S. dollar found some support on Monday but remained near a three-year low after a volatile week driven by President Donald Trumps shifting tariff policies. Markets remain on edge as Trumps abrupt imposition and...

Russia Stocks Rally as Oil, Mining Lead MOEX Surge

Apr 14, 2025 08:54 am UTC| Economy

Russian stocks climbed on Sunday, driven by strong gains in the Oil Gas, Mining, and Power sectors. The MOEX Russia Index rose 2.37% at market close in Moscow. PhosAgro PJSC (MCX:PHOR) led the rally, jumping 3.37% to...

UK Property Prices Hit Record High Despite Tax Break Expiry

Apr 14, 2025 08:54 am UTC| Economy

UK housing prices have reached a new record, with asking prices for homes listed between March 9 and April 5 rising 1.3% year-on-year to an average of 377,182 ($494,448), according to property site Rightmove. This marks a...

Wall Street Futures Climb as Tariff Exemptions Ease Market Tensions

Apr 14, 2025 08:54 am UTC| Economy

Wall Street share futures edged higher in Asia on Monday after the White House announced exemptions on smartphones and computers from the latest U.S. reciprocal tariffs targeting Chinese imports. While the move temporarily...