World Markets
Japan stocks slump nearly 4% as fresh Trump tariffs due this week keep investors jittery
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 started the day 3.9% lower while the broader Topix […]
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CNBC Daily Open: Stocks in reverse amid auto tariffs
Newly manufactured cars awaiting export are parked at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters When U.S. President Donald Trump won the 2024 presidential election in November last year, markets were in a relatively buoyant mood. Talk of deregulation and tax cuts drove consumer sentiment, while […]
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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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CNBC Daily Open: Consumers and CFOs alike are expecting a recession in the U.S.
A Forever 21 store in New York, in March 2025. Yuki Iwamura | Bloomberg | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days […]
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CNBC Daily Open: Trump hints at softer tariffs, rallying markets
U.S. President Donald Trump greets members of the audience after signing a proclamation during a Greek Independence Day celebration at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images U.S. President Donald Trump’s tariffs have so far taken the shape of country-specific, sweepingly reciprocal, targeted at sectors and applicable […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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CNBC Daily Open: Tariff ‘flexibility’ is not necessarily positive — it also signals uncertainty
A cargo ship full of shipping containers at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, on March 6, 2025. Carlos Barria | Reuters “Flexibility” connotes openness to change. U.S. President Donald Trump expressed Friday the possibility of being flexible with tariffs, which may have helped stocks tick up, […]
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CNBC Daily Open: Tariff flexibility sounds good, but also signals uncertainty
A cargo ship full of shipping containers is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., March 6, 2025. Carlos Barria | Reuters “Flexibility” connotes openness to change. U.S. President Donald Trump expressed Friday the possibility of being flexible with tariffs, which may have helped stocks […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because […]
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