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A service for banking industry professionals · Friday, April 4, 2025 · 800,031,368 Articles · 3+ Million Readers
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  • Published on Apr 3, 2025

    Explained: How Trump's reciprocal tariffs will impact Indian exports

    Shipping containers stored at APM Terminals, in Navi Mumbai | Credit: Reuters/Francis Mascarenhas India was slapped with a reciprocal tax by the United States on Wednesday, as President Donald Trump raised trade barriers on all goods entering America. …

    Source: VC Circle - Label Pending
  • Published on Apr 3, 2025

    Dow nosedives 1,600 points, S&P 500 and Nasdaq drop the most since 2020 after Trump's tariff onslaught

    Stocks plummeted Thursday, sending the S&P 500 back into correction territory for its biggest one-day loss since 2020, after President Donald Trump unveiled sweeping tariffs, raising the risk of a global trade war that plunges the economy into a …

    Source: NBC 4 - New York - Neutral
  • Published on Mar 30, 2025

    South Korea plans $6.8B emergency budget bill

    The South Korean government is set to submit a 10 trillion won ($6.8 billion) supplementary budget to parliament, aiming to mitigate the economic impact of the country’s worst-ever forest fires and counter sluggish growth, Finance Minister Choi Sang-mok …

    Source: Profit by Pakistan Today - Neutral
  • Published on Mar 30, 2025

    South Korea's Stablecoin Strategy: Insights and Inspiration from U.S. Policies

    Kim Yong-beom, a former vice minister of economy and finance and currently CEO of Hashed Open Research (HOR), has made a compelling case for South Korea to adopt a strategic approach to stablecoin development, drawing inspiration from the United States…

    Source: Business Korea - Neutral
  • Published on Mar 30, 2025

    South Korea to draft $6.8 bln extra budget for wildfire, tariff threats

    SEOUL: South Korea will soon submit a 10 trillion won ($6.8 billion) supplementary budget bill to parliament to respond to the fallout from the country's worst-ever forest fires and counter slumping growth, the finance minister said on Sunday. Choi …

    Source: The Sun Daily - Label Pending
  • Published on Apr 3, 2025

    Dow plunges more than 1,500 points as stocks react to tariff shock

    The Dow Jones Industrial Average plunged 1,581 points, or 3.8%, to 40,634, in morning trade Thursday as spooked investors tried to assess the impact of the latest round of Trump administration tariffs. President Trump on Wednesday announced a 10% baseline …

    Source: CBS 3 Philly - Pennsylvania - Neutral
  • Published on Mar 31, 2025

    Foreign Currency Deposits Fall For 1St Time In 3 Months In South Korea

    (MENAFN- IANS) Seoul, March 31 (IANS) Foreign currency deposits fell for the first time in three months in February amid the strengthening of the US dollar, the central bank here said on Monday. Outstanding foreign currency-denominated deposits held by …

    Source: MENAFN - Uncategorized
  • Published on Apr 3, 2025

    Wall Street set to plunge as Trump tariffs rout dollar

    LONDON: World stocks, the dollar and oil all tumbled on Thursday as President Donald Trump’s drastic new U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen. A new baseline 10% tariff on …

    Source: The Malaysian Star - Uncategorized
  • Published on Apr 3, 2025

    Global markets tumble after Trump’s latest tariff volley heightens chance of a broader trade war

    NEW YORK (AP) — Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it. The S&P 500 was down 3.3% in early trading Thursday, …

    Source: Boston Herald - Massachusetts - Center-right
  • Published on Mar 30, 2025

    South Korea To Fully Lift Short Selling Ban This Week

    Seoul:  South Korea is set to fully lift the ban on stock short selling this week for the first time in five years, and shipbuilders, steelmakers and battery makers will likely be the targets of such trading practices, according to market watchers on …

    Source: Ommcom News - Center-right
  • Published on Apr 3, 2025

    Trump's tariff bombardment sends global markets reeling

    World stock markets and oil prices tumbled and investors dashed to the relative safety of bonds, gold and the yen Thursday, as President Donald Trump’s drastic U.S. trade tariffs stirred widespread fears of a global recession. A new baseline 10% tariff on …

    Source: NBC News - Center-left
  • Published on Mar 30, 2025

    South Korea Short-Selling Resumption Set to Entice Global Funds

    (Bloomberg) -- As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility. Come Monday, …

    Source: Mint - Neutral
  • Published on Apr 3, 2025

    President Trump to Order 'Reciprocal Tariffs' to Begin This Week

    In a Rose Garden ceremony on Wednesday, U.S. President Donald Trump said he intends to immediately sign an order for "reciprocal tariffs" to be levied against U.S. trading partners. "Our country and its taxpayers have been ripped off for …

    Source: CoinDesk - Neutral
  • Published on Apr 3, 2025

    Whats new to streaming this week? (April 3, 2025)

    Looking for something great to watch at home? Streaming subscribers are spoiled for choice between Hulu, Netflix, Max, Disney+, Apple TV+, Prime Video, Shudder, Paramount+, Peacock, and more. And that's before you even look at the vast libraries of …

    Source: Mashable - Neutral
  • Published on Apr 3, 2025

    Morning Bid: Trepidation Day

    By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets If you thought a global trade war was already priced into world markets, Thursday’s reaction to the U.S. …

    Source: KFGO - North Dakota - Neutral
  • Published on Apr 3, 2025

    Stocks slide around the world as investors recoil from Trump tariffs

    Financial markets around the world tumbled after President Trump on Wednesday announced a barrage of new tariffs, with U.S. stock futures pointing to a sharp drop when Wall Street opens for business. Roughly two hours before the start of trade at 9:30 a.m. …

    Source: CBS 3 Philly - Pennsylvania - Neutral
  • Published on Apr 1, 2025

    Household loans by major banks slow in March

    Published: 01 Apr. 2025, 18:16 Household loans extended by major banks in Korea slowed in March following a sharp increase the previous month, industry data showed Tuesday.   Outstanding household loans extended by five major commercial banks, including KB …

    Source: Korea JoungAng Daily - Center-right
  • Published on Apr 3, 2025

    UPSC Essentials | Daily subject-wise quiz : Economy MCQs on India-Chile trade ties, reciprocal tariff and more (Week 104)...

    UPSC Essentials brings to you its initiative of subject-wise quizzes. These quizzes are designed to help you revise some of the most important topics from the static part of the syllabus. Attempt today’s subject quiz on Economy to check your progress.🚨  …

    Source: The Indian Express - Center-left
  • Published on Apr 3, 2025

    FSA Considers Reclassifying Crypto In Japan

    The FSA is pushing for the reclassification of crypto as an investment instrument in Japan, repealing the rule that considers it as a mere payment instrument. The regulator urges lawmakers to arrive at stricter rules in crypto laws to curb scams and …

    Source: Blockzeit - Label Pending

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