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.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American b...
Türkiye and Syria plan to increase annual bilateral trade to $5 billion within the next two years, officials from both countries said on Tuesday, as ...
As global diplomatic dynamics continue to evolve, the European Union is reassessing its ability to respond effectively to major international developm...
Uzbekistan plans to create a National Geological Data Bank and expand the use of artificial intelligence (AI) across the mining sector as part of effo...
Azerbaijan is considering new restrictions on children's use of social media, including a minimum registration age of 16 and fines for platforms that ...
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
Türkiye and Syria plan to increase annual bilateral trade to $5 billion within the next two years, officials from both countries said on Tuesday, as they seek to deepen economic ties and support Syria's recovery.
As global diplomatic dynamics continue to evolve, the European Union is reassessing its ability to respond effectively to major international developments, prompting renewed debate over defence coordination, foreign policy decision-making and institutional reform.
Uzbekistan plans to create a National Geological Data Bank and expand the use of artificial intelligence (AI) across the mining sector as part of efforts to attract $30 billion in investment by 2030.
Azerbaijan's Foreign Ministry says 19 citizens have been repatriated following a deadly drone attack on two cargo ships in the Sea of Azov on 5 June.
A Sudanese man has been arrested over a knife attack in Belfast that left a man seriously injured and prompted calls online for a protest after footage of the incident circulated widely on social media.
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
Ukraine's military said it struck a Russian "shadow fleet" tanker in the Black Sea as part of ongoing efforts to disrupt Moscow's energy and logistics networks. The move underscores Kyiv's focus on targeting maritime assets it says are used to bypass sanctions on Russian oil exports.
Armenia’s parliamentary election has strengthened Prime Minister Nikol Pashinyan’s mandate, with analysts linking the result to his post-Garabagh agenda and pro-Western direction. However, constitutional constraints remain a key obstacle to peace efforts with Azerbaijan.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
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