Finance News

Chinese Tech Stocks Enter Bull Market After DeepSeek Breakthrough

Chinese tech stocks have surged into a bull market, with the benchmark index rising over 20% in the past month. This rally follows a breakthrough by DeepSeek, an AI model that challenges traditional investment perspectives on Chinese technology firms. Strong Market Performance The Hang Seng Tech Index, tracking Hong Kong-listed tech giants, has gained 25% […]

Donald Trump to impose 25% tariffs on imported Steel and Aluminum

US President Donald Trump announced on Monday that he will impose a 25% tariff on all imported steel and aluminum, escalating trade tensions by extending protectionist measures to the metals sector. This move marks another significant step in Trump’s aggressive trade policy, which has already disrupted global markets and raised concerns over inflation. Trump’s Announcement […]

Gold Hits Record High as Trump’s 25% Tariffs Shake Global Markets

February 11 – Global markets are reacting sharply as Gold Hits Record High, the U.S. dollar remains firm, and Hong Kong stocks surge to a four-month peak. The movements come amid shifting U.S. trade policies and anticipation of Federal Reserve Chair Jerome Powell’s speech on tariffs and inflation. Gold Surges to Record High Amid Market Uncertainty […]

UK Announces fees for claims management companies filing complaints

In a significant policy shift, the UK Financial Ombudsman Service (FOS) has introduced a new fee structure aimed at regulating claims management companies. This move is expected to reduce fraudulent complaints while sparking debates over consumer rights. Financial Ombudsman’s move aims to Prevent Fraudulent Cases The UK Financial Ombudsman Service (FOS) announced on Friday that […]

25% Steel and Aluminum Tariffs of Trump – Key Impact on Global Trade and Economy

On February 9, U.S. President Donald Trump announced a new 25% tariff on all steel and aluminum imports, a significant step in his ongoing trade policy overhaul. This move, on top of existing metal duties, is set to shake up global trade relations and could lead to considerable shifts in the world economy. The tariffs […]

Wall Street Closes in the Red Amid Trump’s Tariff Announcement – 5 Key Market Impacts

February 7 (Reuters) – Wall Street closes lower on Friday following President Donald Trump’s announcement of new reciprocal tariffs on multiple countries. This decision, combined with weak job growth and declining consumer sentiment, fueled widespread investor uncertainty. The Dow Jones Industrial Average (.DJI) dropped 444.23 points (0.99%) to 44,303.40, while the S&P 500 (.SPX) fell […]