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.
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The European Union faced calls to implement a never-before-used range of economic counter-measures known as the 'Anti-Coercion Instrument' as part of the bloc's response to U.S. President Donald Trump's tariff threats against European allies over Greenland.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
The Turkish Defence Ministry has voiced its support for recent military operations by Syrian government forces against the Kurdish-led Syrian Democratic Forces (SDF), which enjoy the support of the United States.
Tens of thousands of users were left unable to access Elon Musk’s social media platform X on Friday, with outages reported across multiple countries including the United States, the United Kingdom, Canada and Australia.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Ashley St. Clair, mother of one of Elon Musk’s children, has filed a lawsuit against Musk’s company xAI, alleging that its AI tool Grok generated explicit images of her, including one portraying her as underage.
The Kremlin has welcomed recent signals from several major European capitals suggesting a renewed openness to dialogue with Moscow, calling the shift a “positive evolution” in Europe’s stance towards Russia.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
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