Hong Kong’s Hang Seng Index and the MSCI Asia ex-Japan Index fell sharply on Wednesday as early US election results showed Donald Trump taking an initial lead. The Hang Seng Index slumped by over 3%, with major Chinese tech stocks like Alibaba Group and Meituan pulling down the benchmark. Meanwhile,…
Shares in Donald Trump’s media company, Trump Media & Technology Group, surged as election results started to roll in on Tuesday evening. With the former president seeking re-election in a close race against Democratic Vice President Kamala Harris, investors closely tracked Trump Media’s stock as a potential indicator of his…
As the 2024 presidential election unfolds, betting markets have swung sharply in favour of Donald Trump. While traditionally Republican and Democratic states have aligned with their respective candidates, early signs indicate Trump is likely to secure key battlegrounds such as Georgia and North Carolina. This momentum shift has seen Trump’s…
Oil prices slipped more than 1% on Wednesday as the dollar surged on bets that Republican Donald Trump could win the Presidential elections. However, the contest remains too close to call, according to reports. A stronger dollar makes commodities such as oil more expensive for overseas buyers. This limits demand…
If Donald Trump secures a return to the White House, his policies could bring mixed outcomes for Tesla and its CEO, Elon Musk. While a Trump presidency might provide Musk with favourable conditions to advance certain initiatives, experts warn it could also unsettle Tesla’s consumer base and market stability. Musk,…
Republican nominee Donald Trump is on track to become the 47th US President, having made significant strides in the 2024 US presidential election, clinching key battleground states of North Carolina and Georgia. This marked a shift from 2020, with Trump outperforming in regions where he had previously lagged. With the…
The Massachusetts Senate race has concluded with Senator Elizabeth Warren winning re-election over her pro-crypto opponent, John Deaton, marking a significant moment for the cryptocurrency industry. Warren, a prominent advocate for financial regulation, has remained a vocal critic of cryptocurrencies, which she often describes as a potential threat to financial…
In a dramatic return to the White House, Donald Trump secured victory in the 2024 US presidential election, defeating Democratic candidate Kamala Harris in a contest that saw Republicans regain control of the Senate. Trump addressed his supporters in an energized speech, pledging to restore his vision for America and…
Donald Trump is on the cusp of securing a historic return to the White House after building a significant electoral vote lead in the 2024 US presidential election. The Associated Press said that with 267 of the 270 votes needed, Trump holds a dominant position, leading in critical states like…
Donald Trump has won the 2024 US Presidential election, securing a second term in the White House. Trump has achieved an unprecedented return to power, becoming the 47th President of the United States. His victory marks a remarkable comeback after refusing to concede defeat in 2020, inciting the January 6th…