Markets

Oil Prices Drop as Israel Agrees to Ceasefire Proposal

This is Beirut, 24/06 10:40 - Reading : 3 minute(s)

Israel Ceasefire Donald Trump Middle East Oil Markets

Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Shares in Asia were buoyant, as fears of an energy market shock eased following 12 days of war between Israel and its arch-foe. London, Paris and Frankfurt also rose at the open. At around ...

Oil Stabilises After Surge, Stocks Drop as Mideast Crisis Fuels Jitters

This is Beirut, 18/06 09:50 - Reading : 3 minute(s)

Markets World Oil Price

Oil prices stabilized Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East ...

Stock Markets Edge up as Trump Softens Tariff Pain for Auto Firms

This is Beirut, 29/04 16:00 - Reading : 3 minute(s)

Donald Trump Banks US Treasury Stocks markets Economy

Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war. Signs of easing trade tensions are also spurring sentiment, as governments line up to negotiate deals with Washington to avert the full force of sweeping ...

Gold at Record Highs as Markets Reel: Is It Time to Panic or Buy Smart?

Christiane Tager, 23/04 10:30 - Reading : 2 minute(s)

United States Markets Investment Gold

After Easter opened a turbulent week for financial markets. The world’s main stock exchanges recorded significant losses, despite a few timid attempts to bounce back. This instability is unfolding in an atmosphere weighed down by geopolitical tensions and persistent fears of a global‑growth slowdown. Meanwhile, gold moved sharply in the ...

US Opens Door to Tariffs on Pharma, Semiconductors

This is Beirut, 15/04 05:20 - Reading : 4 minute(s)

United States Donald Trump Tariffs Markets

The United States opened the door Monday to tariffs targeting high-end technology and pharmaceuticals, feeding the uncertainty gripping the global economy in a trade war that Chinese leader Xi Jinping warned can have "no winner." After weeks of indications such a move was coming, the US Commerce secretary formally announced ...

US Strikes China With 104% Tariffs

This is Beirut, 09/04 05:45 - Reading : 4 minute(s)

United States China Tariffs Economy Markets

US President Donald Trump's punishing tariffs on dozens of economies came in force Wednesday, including over 100 percent in levies against Chinese goods, dramatically ramping up a devastating global trade war. Following the imposition of sweeping 10 percent tariffs have rocked the global economy since coming into force over the weekend, rates ...

Panic Deepens on Asian Markets as World Scrambles to Temper Trump Tariffs

This is Beirut, 07/04 05:15 - Reading : 5 minute(s)

United States Donald Trump Economy Markets

Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump's punishing tariffs, even as countries sought compromise with the defiant president. Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying he would not make a ...

Asian Markets Rise Ahead of US Election

This is Beirut, 2024-11-05 11:50 - Reading : 3 minute(s)

USA Asia Markets

Asian markets mostly rose Tuesday, a day before results from the US presidential election rolled in, with opinion polls showing a knife-edge vote, while Chinese equities were boosted by hopes over the country's economy. Uncertainty about the outcome and worries that the winner might not be known for days has led to warnings that investors could ...

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