Indices

China to US: 'Market has spoken' after tariffs spur selloff

BEIJING -China said on Saturday the market has spoken in rejecting U.S. President Donald Trump's tariffs, and called on Washington for equal-footed consultation after global markets plunged in...

China retaliation on US farm goods hits soybeans, bolstering Brazil

China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade...

B. Riley receives Nasdaq notice over annual report delay

B. Riley Financial said on Friday it had received a delinquency notification letter from the Nasdaq following a delay in the filing of its annual report. While the notice has no...

Nasdaq confirms it is in bear market, ending more than 20% below record close

The tech-heavy Nasdaq Composite index confirmed on Friday that it is in a bear market, after a 22.7% fall from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs...

Oil dives 7% to lowest in over 3 years on China's tariffs

HOUSTON -Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, escalating a trade war that has led investors to price in a higher...

TSX confirms correction as it posts biggest decline since March 2020

Canada's commodity-linked main stock index ended more than 10% below its January 30 record closing high on Friday, confirming a correction, as China's move to retaliate against U.S. trade tariffs...

Oil tumbles 8% after China retaliates in global trade war

China escalated the global trade conflict on Friday by imposing an additional 34% tariff on U.S. goods, following President Donald Trump's sweeping tariffs. Crude prices, already under...

EU countries could loosen gas storage targets in time for winter

BRUSSELS -European Union countries negotiating changes to the EU's gas storage targets could approve them in time to ease them before the upcoming winter, EU diplomats told Reuters. The...

Silver hits over eight-week low as market frets about industrial demand

Prices of silver dropped to over eight-week lows on Friday as concerns about demand for the industrial precious metal dominated sentiment due to recession fears stemming from U.S. President Donald...

Global money market inflows surge as trade tariffs stoke slowdown fears

Global money market funds saw massive inflows in the week ending April 2 as investors grew cautious over U.S. President Donald Trump's aggressive trade policies, which are heightening fears of a...

South Africa not planning to retaliate over Trump's tariffs

JOHANNESBURG -South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump this week and will instead seek to negotiate exemptions and...

US tariffs set to cripple India's diamond industry, hurting jobs, exports

A wave of anxiety has gripped India's diamond polishing hub of Surat, as hefty U.S. tariffs threaten to undermine the country's gem and jewellery exports, putting at risk the livelihoods of thousands...

'Magnificent' bear

What matters in U.S. and global markets today It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some weekend...

Japanese stocks in bear market as banks slump on tariff jitters

TOKYO -Japanese stocks sank on Friday to their lowest since last August, marking their sharpest weekly drop in five years, as fears of a global recession in the wake of U.S. President Donald Trump's...

Coffee and cocoa slide as Trump tariffs spark demand worries

LONDON -World cocoa and coffee prices fell on Wednesday as investors fretted that President Donald Trump's move to slap punishing tariffs on U.S. imports would damage chocolate and coffee demand in...

Steep US tariffs on Africa signal end of trade deal meant to boost development

The U.S. government's imposition of steep tariffs on African nations signals the end of the AGOA trade deal, an initiative meant to help African economies develop through preferential access to U.S....

Apple: Jefferies still a seller

Jefferies maintains its 'Underperform' rating on Apple shares, with an unchanged price target of $202.3 .In the wake of the announcement of new US tariffs, the analyst reports that shares of Apple...

Countries need to allow in more US products to bring down tariffs, Lutnick says

The Trump administration is talking to all major trading partners throughout the world about ways to bring down President Donald Trump's new tariffs, Commerce Secretary Howard Lutnick said on...

Canada, Mexico not subject to new global rates as fentanyl tariff still in place

MEXICO CITY/OTTAWA -Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline,...