Global Market​​

China warns of strong counteraction as US plans fresh 50% tariff hike under Trump

China warns of strong counteraction as US plans fresh 50% tariff hike under Trump

/ Global Market​​ /

Tensions between the US and China are rising again after former US President Donald Trump threatened a fresh 50% tariff on Chinese imports. In response, China has strongly warned that it will take strict countermeasures to protect its own rights and economy. China’s Commerce Ministry released a statement early Tuesday calling the US move “completely […]

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Trump Imposes 25% Tariff on Auto Imports, Impacting Global Car Industry

Trump Imposes 25% Tariff on Auto Imports, Impacting Global Car Industry

/ Global Market​​ /

Former U.S. President Donald Trump has announced a 25% tariff on all imported automobiles, aiming to boost domestic manufacturing. The tariffs will take effect on April 2, impacting both fully assembled vehicles and key automobile components like engines, transmissions, and powertrain parts. The move is expected to disrupt global car manufacturers, particularly in Japan, Germany,

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Tesla Shares Crash 15% in a Day, Market Cap Drops by $125 Billion Amid Weak Demand and Investor Concerns

Tesla Shares Crash 15% in a Day, Market Cap Drops by $125 Billion Amid Weak Demand and Investor Concerns

/ Global Market​​ /

Elon Musk-led Tesla saw a sharp fall in its share price on March 10, declining by over 15 percent in a single day. This was the company’s worst trading session in more than four years, wiping out $125 billion in market capitalization. The one-day loss in Tesla’s value is higher than the combined market worth

Tesla Shares Crash 15% in a Day, Market Cap Drops by $125 Billion Amid Weak Demand and Investor Concerns Read More »

Coforge Shares Jump 6% After Two Acquisitions, $1.6 Billion Deal, and 1:5 Stock Split Approval

Coforge Shares Jump 6% After Two Acquisitions, $1.6 Billion Deal, and 1:5 Stock Split Approval

/ Global Market​​ /

Shares of Coforge surged over 6% on March 5, following two major acquisitions, a long-term deal worth $1.6 billion, and the approval of a stock split. Shares of Coforge traded at Rs 7,658.60 on NSE at 9:20 am, 6.2% higher from the closing. Key Announcements Driving the Stock Rally Analysts Remain Bullish on Coforge Global

Coforge Shares Jump 6% After Two Acquisitions, $1.6 Billion Deal, and 1:5 Stock Split Approval Read More »

US Trade Deficit and Impact of Reciprocal Tariffs on Key Countries

US Trade Deficit and Impact of Reciprocal Tariffs on Key Countries

/ Global Market​​ /

The US executive order on retaliatory tariffs is likely to impact major economies that trade with the country and have high trade deficits with it. A Moneycontrol analysis of UN COMTRADE data shows that some countries will be hit harder as the US tries to reduce its $1.3 trillion trade deficit in 2024. Key Deficit

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China Hits Back at US Tariffs, Indian Markets React with Sharp Decline

China Hits Back at US Tariffs, Indian Markets React with Sharp Decline

/ Global Market​​ /

China has announced fresh tariffs on US imports and launched an anti-trust probe against Google in response to the latest trade restrictions imposed by the United States. The Chinese Finance Ministry stated that a 15% tariff will be levied on US coal and liquefied natural gas, while a 10% tariff will be imposed on crude

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US Stock Markets Fall as Trump’s Tariffs Worry Investors

US Stock Markets Fall as Trump’s Tariffs Worry Investors

/ Global Market​​ /

US stock markets faced heavy selling pressure on Monday as futures linked to the S&P 500, Dow Jones, and Nasdaq 100 fell sharply in early trade. Investor sentiment weakened after President Donald Trump’s sweeping tariffs on Canada, Mexico, and China raised concerns of a global trade war, weaker corporate earnings, and an economic slowdown. At

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Trump’s Tariffs and Their Impact on the Indian Economy and Stock Markets

Trump’s Tariffs and Their Impact on the Indian Economy and Stock Markets

/ Global Market​​ /

The recent tariff imposition by US President Donald Trump towards Chinese, Mexican, and Canadian imports have generated ripples in financial markets globally, with a big impact for India. On one hand, the move can become a booster for India’s exports with its becoming a preferred source, but at a cost, in terms of fluctuations in

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Bitcoin Hits New Record High as US Prepares for Trump's Pro-Crypto Presidency

Bitcoin Hits New Record High as US Prepares for Trump’s Pro-Crypto Presidency

/ Global Market​​ /

Bitcoin surged to an all-time high of $109,241 as the United States gears up to inaugurate President-elect Donald Trump, known for his pro-crypto stance. The cryptocurrency rose by 5.5% on Monday, marking a fresh milestone in its upward trajectory. The rise in Bitcoin followed Trump and his wife Melania unveiling their own memecoins over the

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Tencent Executes Largest Share Buyback Since 2006 Amid US Blacklist Concerns

Tencent Executes Largest Share Buyback Since 2006 Amid US Blacklist Concerns

/ Global Market​​ /

Tencent Holdings Ltd., China’s most valuable technology firm, conducted its biggest share repurchase in almost two decades following a sharp stock decline. The selloff occurred after Tencent was added to a US blacklist for alleged ties to the Chinese military. On Tuesday alone, the company bought back 3.93 million Hong Kong-listed shares worth HK$1.5 billion

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