Policy
Europe: Stoxx 600 up as automakers, materials gain; Trump policy shifts in focus
[BENGALURU] European shares ended higher on Thursday (Apr 24), boosted by automakers and materials stocks, as investors digested a mixed set of corporate earnings and evaluated the ever-shifting US...
ECB cuts rates again to help economy weather erratic US trade policy
[FRANKFURT] The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that...
Powell says Fed remains in wait-and-see mode; markets processing policy shifts
[CHICAGO] US Federal Reserve chair Jerome Powell said on Wednesday (Apr 16) the Fed would wait for more data on the economy’s direction before changing interest rates, but cautioned...
Global chipmakers feel the pinch of Trump’s shifting trade policy
[BENGALURU] Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and...
Australia central bank to reconsider policy at May meeting, move not predetermined
[SYDNEY] Australia’s central bank considered it premature to cut interest rates this month in response to global uncertainty over US tariffs, but would reconsider the outlook at its May...
Bank of Japan’s Ueda warns of heightened uncertainty from US tariff policy
[TOKYO] ) Bank of Japan Governor Kazuo Ueda said on Monday global and domestic economic uncertainty has increased sharply due to US tariff policy.“US tariffs will likely put downward...
Global funds hit pause on Indonesia after Prabowo policy changes
[MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling.Some of...
Businesses anxious over tariffs, Fed must look at ‘hard data’ in policy response: official
CHICAGO Federal Reserve Bank President Austan Goolsbee on Monday (Apr 6) said that businesses are anxious about US President Donald Trump’s tariffs but that the central bank would need...
EU Proposes ‘Zero-for-Zero’ Tariff Policy to Remove Industrial Fees on US Goods after Trump’s Tariff Blitzkrieg Rattles Stock Markets
The European Union has proposed a "zero-for-zero" tariff agreement to the Trump administration, following the 20% import tariffs that Washington imposed last week. "We have offered zero-for-zero tariffs for...