Major Asian markets make gains
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New polling for More In Common suggests two-thirds of people in the UK are worried about America's tariffs, with just over half fearing it will make cost-of-living pressures even greater.
From BBC
China does not want a trade war with the United States but will be compelled to take the fight to the world's No.1 economy if President Donald Trump continues to ramp up trade tensions, its commerce ...
From Reuters
Stocks rise in China after Beijing announces support measures a day after market plunges triggered by tariffs imposed by President Trump.
From The New York Times
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Focus is on China stocks after Trump on Monday threatened additional 50% tariffs on China if Beijing did not lift its duties on U.S. imports.
The losses came after China matched President Trump’s big raise in tariffs announced last week, upping the stakes in a trade war that could end with a recession that hurts everyone.
Policymakers across Asia are preparing measures to support financial markets as a rout deepened following sweeping tariffs announced by U.S. President Donald Trump that stoked widespread recession worries.
This is CNBC’s live blog covering Asia-Pacific markets. Asia-Pacific markets were set to extend their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fuel a risk-off mood.
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The S&P 500 sold off sharply on Tuesday to close below 5,000 points for the first time in almost a year after it reversed a strong morning rally, while investor hopes faded for any imminent U.S. delays or concessions on tariffs ahead of a midnight deadline.
South Korean battery maker Samsung SDI , is cutting by 14% the price of new shares it will sell to raise 2 trillion won ($1.4 billion), as the global markets' selloff triggered by U.S. tariff fears hit corporate deals across Asia.
Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting declining profits from mainstay commodities.