SINGAPORE (Reuters) -Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in U.S. and global growth as he raises a wall of tariffs around the world's biggest economy and trading partners start to respond in kind. Six weeks into his second term, the U.S. president has hit imports from Mexico and Canada with 25% levies, put an additional 20% tariff on goods from China, threatened reciprocal tariffs globally and cut off military aid to Ukraine. But instead of the rising yields and higher dollar that investors had wagered on in November, the so-called "Trump trade" is in full retreat.
Chinese Stocks Take Tariff Blows in Stride With All Eyes on NPC
(Bloomberg) -- Chinese stocks posted modest losses as Beijing’s measured response to US tariffs eased immediate concern about a full-blown trade war, with investors looking to a key political gathering to sustain a recent rally.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facili
India VIX’s Drop Shows Market Seen as Insulated From Trade Angst
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedWhile trade-war conc
Trump's Crypto Reserve Plan Boosts Bitcoin Price, Standard Chartered Reaffirms $500,000 Target
On March 2, 2025, President Donald Trump revealed plans to create a Crypto Strategic Reserve that would include Bitcoin, Ethereum, XRP, Solana, and Cardano.
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On March 3, 2025, the U.S. Securities and Exchange Commission (SEC) agreed to dismiss its lawsuit against the cryptocurrency exchange Kraken.
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Europe's defence stocks pull back after gravity-defying rally
The entire sector rose sharply on Monday after the clearest sign yet Europe's leaders were racing to boost spending and help secure peace in Ukraine, and extended those gains as U.S. President Donald Trump paused military aid to Ukraine. "I think it is reasonable for the shares to stabilise after yesterday's rally, and I see it as a strong indicator that the sell-off is not extensive," Tom Guinchard from Pareto Securities said. "We are facing a new reality in terms of defence ramp-up with accelerated spending supported by the European Commission," he added referring to proposal on new joint borrowing to boost Europe's defence capabilities.
Crypto Losses From Security Breaches Exceed $1.5 Billion, Exposing Weaknesses in Bug Bounty Programs and Security Measures
Crypto losses due to security breaches have surpassed $1.5 billion, highlighting vulnerabilities in bug bounty programs and the need for stricter security measures.
Bitcoin Falls Below $90,000 as Crypto Market Sheds $661 Million Following Trump’s Reserve Plans and Tariff Fears
Bitcoin and other major cryptocurrencies surged Sunday after President Donald Trump announced plans for a U.S. crypto reserve that would include XRP, Solana, and Cardano.