Asian stock markets remained steady on Monday as euro strengthened following an extension of U.S. tariff threats by President Donald Trump, giving temporary relief to investors amid ongoing trade uncertainties.
Trump delayed the deadline for imposing 50% tariffs on EU goods from June 1 to July 9 after the European Commission requested more time to negotiate a deal. Despite signs of market stabilization after last month’s selloff, Trump’s unpredictable trade policy keeps investors cautious. Analysts note a shift of funds from the U.S. to Europe and Asia amid concerns about a possible U.S. recession and global slowdown.
Asian shares were mostly flat, with Japan’s Nikkei gaining on positive news for Nippon Steel. The euro reached its highest level since April, while risk-sensitive currencies like the Australian and New Zealand dollars also gained. Meanwhile, China’s markets fell slightly after tariff threats on iPhones, though signs of a resilient global economy provided some relief. Investors remain watchful ahead of inflation data releases from Japan, Germany, and the U.S.
Wildfires raging across Spain have scorched more than 115,000 hectares (about 284,000 acres), killed at least three people and forced thousands to eva...
Top European leaders will travel to Washington on Monday to join U.S. President Donald Trump and Ukraine’s Volodymyr Zelenskyy in critical talks aim...
France, Germany and Britain will meet on Sunday to help shape Ukraine’s position before President Zelenskyy holds high-stakes talks with Donald Trum...
Russian Foreign Minister Sergei Lavrov held phone conversations on Saturday with his Turkish and Hungarian counterparts, just hours after the U.S.–R...
At least eight people have been killed and four remain missing after a flash flood in northern China, state media reported on Sunday, as the East Asia...
Wildfires raging across Spain have scorched more than 115,000 hectares (about 284,000 acres), killed at least three people and forced thousands to evacuate, as emergency teams struggle to contain dozens of blazes.
Top European leaders will travel to Washington on Monday to join U.S. President Donald Trump and Ukraine’s Volodymyr Zelenskyy in critical talks aimed at ending the war with Russia.
France, Germany and Britain will meet on Sunday to help shape Ukraine’s position before President Zelenskyy holds high-stakes talks with Donald Trump in Washington.
Russian Foreign Minister Sergei Lavrov held phone conversations on Saturday with his Turkish and Hungarian counterparts, just hours after the U.S.–Russia summit in Alaska ended without a breakthrough on Ukraine.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
Media accreditation is now open for COP30, the United Nations Climate Change Conference, set to take place in Belém, Brazil in 2025.
The Trump administration is expected to shed roughly 300,000 federal workers in 2025, Office of Personnel Management (OPM) Director Scott Kupor said Thursday.
The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favouring crypto investment, boosting investor confidence in the sector.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
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