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...
European shares closed flat on Wednesday, surrendering early session gains, as healthcare stocks felt the pinch from U.S. President Donald Trump's latest threat to impose higher tariffs on pharmaceutical imports. The pan-European STOXX 600 index closed 0.06% lower, breaking its two-day winning streak despite starting the session on a positive note. Healthcare stocks bore the brunt of the selling pressure. The sector index plunged 2.8% to its lowest level in more than three months after Trump unveiled a graduated tariff plan targeting pharmaceutical imports that could see levies on the...
Stocks in the US were mostly higher on Wednesday, with the S&P 500 up 0.1%, the Nasdaq adding 0.2% and the Dow Jones swinging around the flatline. Traders remain focused on corporate earnings and trade developments, particularly after President Trump announced increased tariffs targeting countries that purchase energy from Russia. He also signaled that new levies on semiconductor and pharmaceutical imports will be unveiled "within the next week or so". Apple was up 2.8% as President Donald Trump is set to announce the firm will commit to another $100 billion investment on domestic...
The Hang Seng closed almost flat at 24,911 on Wednesday after dipping slightly in morning deals. Traders digested comments from President Trump, who said the U.S. was close to a trade deal with China and that he would meet President Xi before year-end if an agreement is reached. Investors also looked ahead to key Chinese economic data, including trade figures on Thursday and inflation on Saturday, amid concerns over rising trade barriers and persistent deflation risks. At the same time, markets braced for a possible new U.S. tariff announcement targeting semiconductors and chips, expected...
European stocks continued their gains for a third consecutive session on Wednesday, with the STOXX 50 rising 0.4% and the STOXX 600 up 0.2%, as corporate earnings continued to dominate market sentiment. Siemens Energy rose 1.8% after reporting record quarterly order intake, while Fresenius edged up 0.2% following an improved revenue outlook. Zalando rose 1.7% after raising its full-year forecast, and Banco BPM rose 1.4% after beating net profit expectations. On the downside, Novo Nordisk shares were little changed despite its operating profit rising below expectations. Glencore fell 3.7%...
The Nikkei 225 rose 0.6% to close at 40,795 on Wednesday (August 6th), while the broader Topix Index gained 1.02% to 2,967, marking a second straight day of gains for Japanese equities. Investors shrugged off weak gains on Wall Street, where stagflation concerns were rekindled by weak US economic data. The market also shrugged off new tariff threats from President Donald Trump, who warned of duties of up to 250% on pharmaceutical imports and potential levies on semiconductors. Domestically, data showed Japanese real wages fell for the sixth consecutive month in June, as inflation continued...
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...