Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell. Read more
Kyoto Financial has been a symbol of Japan’s old guard holding out against selling the stakes, given its historic ties to exporters based in the city. Read more
Some unidentified options traders placed bets worth millions of dollars on a rebound minutes before the U.S. president’s social media post sent the stock market rallying. Read more
In Tokyo, the Nikkei 225 was up 8.3% in morning trade on Thursday after the U.S. president announced a 90-day pause on the most onerous new tariffs on imports. Read more
The Nikkei 225 was down 2.67% to 32,130.00, having rebounded 6% on Tuesday from heavy losses after Trump’s announcement of sweeping tariffs. Read more
In early trading, the benchmark Nikkei 225 index was up 3.41%, or 1,061.92 points, at 32,198.50. Read more
The index closed down 2,644 points, or 7.82%, from Friday at 31,136.58, its lowest finish since Oct. 31, 2023. Read more
U.S. President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, insisting a boom is on the horizon. Read more
Traders are pricing in what increasingly looks like a negative-feedback loop as Trump indicates he’s not going to back down. Read more
Some analysts say financial markets will likely be volatile in the short term, but their longer-term outlook remains optimistic. Read more
