Asian equities advanced on Monday as investors welcomed signs of easing tensions between the US and China following trade talks over the weekend. A meeting in Geneva between officials from both countries led to commitments to continue negotiations. China and Hong Kong stocks lead regional gains China’s Shanghai Composite Index rose 0.82% to 3,369.24 after […]
Following discussions in Geneva, China and the US have agreed to a trade war truce, effective Wednesday, which will reverse most tariffs and other retaliatory measures. The US will reduce recently imposed tariffs on China from 145% to 30%, while China will decrease its tariffs on America from 125% to 10%, according to a Reuters […]
Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck a surprise deal to temporarily reduce punitive tariffs and resume trade negotiations, lifting investor sentiment worldwide. Following high-level talks in Geneva over the weekend, the two sides announced a 90-day ceasefire on further […]
News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks. The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft, Alphabet, Nvidia, and Tesla—rose sharply in premarket trading, with Amazon and Tesla recording the largest gains. Amazon.com […]
US equities rallied sharply on Monday after the US and China reached a temporary tariff reduction agreement during weekend talks in Switzerland. The Dow Jones Industrial Average surged 1,021 points, or 2.5%, while the S&P 500 climbed 2.9% and the Nasdaq Composite jumped 4%. The breakthrough followed high-level discussions led by Treasury Secretary Scott Bessent […]
Kindly MD Inc. (NASDAQ: KDLY) soared over 600% this morning after merging with Nakamoto Holdings, a Bitcoin investment firm founded by David Bailey in early 2025. Bailey is among the key personnel who are serving as crypto advisors to US President Donald Trump. The joint company, whose new name is yet to be announced, has […]
President Donald Trump said Monday that China “agreed to open” its markets to American businesses, following a mutual agreement to reduce tariffs between the two nations. The temporary easing of trade restrictions is part of a 90-day deal aimed at de-escalating tensions between Washington and Beijing. Although Trump described the market access pledge as “maybe […]
Tesla shares surged nearly 7% on Monday, outperforming broader market gains, as easing trade tensions between the US and China lifted investor sentiment and pushed the electric vehicle maker’s market capitalisation back above the $1 trillion mark. The stock surged over 6% at $318.80, helped by the progress in trade talks with Chinese officials in […]
The Trump administration’s plan to accept a lavish Boeing 747-8 aircraft from the royal family of Qatar has drawn fierce criticism from legal experts, lawmakers, and government watchdogs, who argue that such a transaction would raise profound ethical and constitutional concerns. If completed, the jet—reportedly worth around $400 million—would mark the largest foreign gift ever […]
Brazil’s Inter&Co released its results for Q1 2025, during which it recorded a 57% year-on-year increase in net profit. The group posted a net income of 287 million reais (about $56.4 million), excluding minority interests, emphasising the balance between revenue stability driven by strong operational performance and the positive impact of the strategic cost control process. The […]