Published 6 days ago • loading... • Updated 4 days ago

Stocks in Asia plunge, Wall Street futures down sharply, extending slide sparked by Trump's tariffs

Summary by ABC7 Los Angeles

Asian shares nosedived in local-time Monday morning trading after the meltdown Friday on Wall Street over U.S. President Donald Trump's tariff hikes and the backlash from Beijing.

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TASS

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Trump’s tariffs for market equivalent to Covid, Lehman Brothers collapse — Japanese expert

On Monday, Japan’s Nikkei Index, which reflects the fluctuations of rates of shares of 225 leading companies, lost 6.88%

4 days ago

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Independent.ie

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Taxpayers’ AIB share windfall worth €1.2bn in danger due to ‘Trump Slump’ markets plunge

Irish taxpayers look set to lose out on a €1.2bn AIB shares windfall next month as reaction by markets to Donald Trump’s tariffs sinks the lender’s share price to well below the minimum set for the sale.

5 days ago

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CBC

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Stock markets close slightly lower after another day of Wall Street chaos and tariff threats

North American stick exchanges dipped on Monday as did global markets, making for a third straight day of instability.

5 days ago·Canada

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MercoPress

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Early dawn stock markets show significant declines

Australia's and most Asian stock markets experienced significant declines early Monday amid the global tariff war triggered by U.S. President Donald Trump. The Hang Seng Index in Hong Kong dropped 9.1% to 20,778.10, with a peak intraday fall of 10.2%, marking its worst day in over a year. Across the Asia-Pacific, 11 of 14 equity markets hit 52-week lows. In mainland China, the CSI 300 Index fell by 7.6%, while the Shanghai and Shenzhen Composite

5 days ago

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New York Times

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Stocks Plunge Worldwide, and Trump Faces Mass Protests

Plus, Wayne Gretzky’s record finally falls.

5 days ago·New York, United States

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Deadline

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Asia Stock Markets Plummet Following Trump Tariffs

Major stock markets across Asia plummeted on Monday, compounding a global financial crisis triggered by U.S. President Donald Trump’s tariff hikes. The most significant drop has been in Hong Kong, where the Hang Seng Index ended 13.22% down, the largest drop since the 1997 Asian financial crisis. The TAIEX index in Taipei has suffered its lowest drop on record, hitting 9.7%, the BBC reported, while Japan’s Nikkei 225 plunged nearly 9%. The ma…

6 days ago

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