President Financial News
04.02 / 06:53
markets
UPS
Analysis
Trade
President
Experts
US tariffs
HK-listed Chinese stocks up even as China, US tariffs roll
Chinese stocks listed in Hong Kong surged on Tuesday as investors loaded up on artificial intelligence and electric vehicle shares while shrugging off news of tit-for-tat Sino-U.S. tariffs on each others' goods. China's finance ministry announced a package of tariffs on a range of U.S. products in an immediate response to a 10% new tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.
04.02 / 06:53
04.02 / 05:21
markets
UPS
Action
Trade
President
War
social
Trump and Trudeau speak and plan to do so again before tariffs start on Tuesday
Ahead of tariffs starting Tuesday, President Donald Trump posted on social media that he spoke Monday morning with Canadian Prime Minister Justin Trudeau and would “be speaking to him again at 3:00 P.M.” But the Republican president also used the post ...
04.02 / 04:41
04.02 / 04:41
markets
Strategy
Trade
President
War
PAM
country
US tariffs
May be forced to take counter measures, no winner in trade war: China's envoy at UN on US tariffs
China lashed out at the US over tariffs imposed by President Donald Trump, saying Beijing «may be forced to take countermeasures» and stressed that there is «no winner in a trade war».
04.02 / 04:41
markets
UPS
Provident
Manufacturing
Enterprise
President
Union Budget 2025 receives mixed reactions from Ludhiana’s MSMEs
Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, received mixed reactions from small businesses in Ludhiana. While a section of local industry stakeholders believes that the government’s move to raise the thresholds for capital investment and turnover criteria is a significant boost to the MSME (micro, small, and medium Enterprises) sector, some voiced their disappointment regarding the absence of special package for Punjab and the lack of rationalisation of goods and services tax (GST) rates.
04.02 / 04:19
Provident
President
country
outbreak
Department
International
What to know about USAID, the agency Elon Musk wants dead
Subscribe to enjoy similar stories. The USAID building was closed to employees on Monday. Elon Musk, the billionaire adviser to President Trump, is targeting the U.S.
04.02 / 04:19
markets
Provident
Action
Strategy
President
Department
FPIs double down on Nifty option sales ahead of MPC meeting outcome
Subscribe to enjoy similar stories. Hot foreign money is wagering that Nifty will move over a 5% range (22,800 to 24,000) from Monday's close of 23,361, ahead of the monetary policy committee (MPC) meeting outcome on Friday.
04.02 / 04:19
04.02 / 03:39
markets
Strategy
Trade
President
PAM
social
reports
Trump plans to speak with Xi Jinping as deadline for China tariffs looms
Donald Trump said his administration plans to speak with China, raising the possibility of a potential reprieve on a 10% tariff set to take effect in hours after he delayed levies on Canada and Mexico.
04.02 / 01:03
04.02 / 01:03
04.02 / 01:03
Fighting
President
voice
SOLIDARITY
NHL
Sporting
hockey
NHL Players' Association and Professional Hockey Players’ Association join the AFL-CIO
The National Hockey League Players' Association and Professional Hockey Players’ Association are affiliating with the AFL-CIO and joining the labor organization's sports council
04.02 / 01:03
FIVE
Parke
President
electronic
Courts
South Korean appeals court upholds acquittal of Samsung chief Lee
A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial criminal charges over a contentious merger between Samsung affiliates that cemented his grip over the biggest South Korean company
04.02 / 00:53
markets
IPO
Action
trends
Trade
President
recommendations
Stocks to buy: Two stock recommendations from MarketSmith India for 4 February
Subscribe to enjoy similar stories. Nifty50, India's benchmark index, closed 120 points lower at 23,361.05 as global uncertainty weighed on sentiment. The decline was driven by US President Donald Trump’s trade tariffs, a weaker rupee, and concerns over subdued government spending.
03.02 / 22:13
markets
Strategy
economy
Sustainability
trends
President
War
Bets rise for an emergency rate cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of Canada to blunt the economic impact of tariffs the U.S. said will take effect Tuesday.
03.02 / 22:13
markets
UPS
Citi
Target
Trade
President
International
Trump targets loophole Temu, Shein used to take on Amazon
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than US$800.
03.02 / 22:13
03.02 / 22:13
economy
pandemic
Trade
President
War
Relationships
Tariffs to have a severe, indirect impact on Canadian bank stocks, analysts say
Some analysts are warning that a trade war could severely impact stocks of Canadian banks as the United States and Canada break away from a long-standing, friendly economic relationship to impose tariffs on each other.
03.02 / 22:13
UPS
security
economy
Trade
President
War
information
Terence Corcoran: The tariff speech Trudeau didn’t deliver
Good evening. Today, the Trump administration informed us it will be imposing a 25 per cent tariff on Canadian exports to the United States and 10 per cent on Canadian energy.
03.02 / 22:13
markets
UPS
economy
Trade
President
War
reports
Canadian dollar dips below 68 cents U.S. to hit lowest level in more than two decades
The Canadian dollar dropped below 68 cents U.S. for the first time in more than two decades on Monday before rebounding by more than a cent, as uncertainty over a North American trade war sparked volatility across financial markets.
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