US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in resolving the conflict. However, Trump also expressed disappointment that Ukrainian President Volodymyr Zelenskiy has not readily accepted the US peace plan, increasing pressure on Kyiv, which previously rejected the proposal as too favorable to Moscow. Trump expressed "deep frustration" with the slow pace of negotiations and no longer wants to be trapped in fruitless meetings. White House...
The STOXX 50 rose 0.5% on Thursday (August 7), marking its fourth consecutive session of gains, while the broader STOXX 500 edged up 0.1%. Market sentiment remained driven by corporate earnings and the implementation of President Trump's new tariffs. The US's "reciprocal" tariffs, which target nearly all major trading partners, took effect today, with the European Union now facing 15% tariffs. In corporate news, Maersk shares jumped more than 5% after the Danish shipping giant reported higher-than-expected second-quarter operating profit. Allianz rose 3.6% after its earnings beat estimates,...
Japan's Topix index jumped 0.72% to an all-time high of 2,988 on Thursday, while the Nikkei 225 gained 0.65% to 41,059, marking its third consecutive session of gains. The rally followed a strong performance on Wall Street overnight, driven by strong corporate earnings, as investors largely shrugged off new US tariff announcements. President Donald Trump announced a 100% tariff on imported semiconductors, excluding companies building in the US, and doubled tariffs on Indian goods to 50% in response to continued Russian oil imports. The best-performing stocks included Fujikura (+5.3%), Sony...
Hong Kong stocks edged lower on Thursday morning, holding at around 24,906 and ending a three-session winning streak, driven primarily by technology and consumer stocks. Sentiment weakened after US President Trump announced a 100% tariff on imported semiconductors, sparking concerns about a protracted trade war. Investors also grew cautious ahead of China's July trade data due later today, as Trump's unpredictable tariff policies have increased pressure on the Chinese economy. The losses were offset by a modest rise in US futures, amid reports that trading partners were rushing to finalize...
The Nikkei 225 rose 0.5% to 41,000 and the broader Topix gained 0.45% to 2,980 on Thursday, marking the third consecutive gain for Japanese stocks. The rally mirrored overnight gains on Wall Street, driven by upbeat corporate earnings reports, as investors largely shrugged off President Donald Trump's latest tariff moves. Trump announced a 100% tariff on imported semiconductors, excluding companies building in the US, and doubled tariffs on Indian goods to 50% on continued imports of Russian oil. Among the gainers were SoftBank Group (+2%), Mitsubishi UFJ (+1.5%), and Ryohin Keikaku...
Stock markets in the Asia-Pacific region opened with mixed movements on Thursday morning, after US President Donald Trump announced he would impose a 100% tariff on semiconductor imports. However, companies building production facilities in the United States will be exempt from the tariffs. However, there is still no clarity on how large a production commitment in the US will be required for a company to be exempt from the tariffs. This uncertainty has left investors in the region cautious about the potential impact on the technology sector. In Japan, the Nikkei 225 index was flat, while...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...