Japanese Prime Minister Sanae Takaichi’s proposal to suspend the sales tax on food has unsettled bond markets, highlighting concerns that she lacks a clear funding plan and may push fiscal policy in a more expansionary direction.Sales tax cut raises funding questionsTakaichi has proposed a two-year suspension of the sales tax…
Asian markets opened weaker on Tuesday as renewed trade-war concerns weighed on risk sentiment, while government bond markets in Japan and the United States signaled rising investor unease over fiscal and geopolitical uncertainty. Developments in China’s consumption policy outlook and fresh remarks from US President Donald Trump on Greenland added…
US President Donald Trump has warned of a 200% tariff on French wines and champagnes in a sharp escalation linked to his proposed global peace initiative. The move comes after reports said France might not join Trump’s newly announced Board of Peace, a platform aimed at resolving international conflicts through…
China plans to roll out a fresh set of policies from 2026 to 2030 aimed at lifting domestic consumption and addressing what officials describe as “prominent” imbalances between supply and demand, with a sharper focus on the services sector, the country’s top economic planner said on Tuesday.The move comes as…
The slowdown in the UK jobs market became more evident in the run-up to November’s budget, as new figures revealed a sharp drop in payroll employment and weaker wage growth.Official data released on Tuesday highlighted the largest monthly fall in payrolled jobs since late 2020, signalling a tougher environment for…
Indian shares fell to their lowest levels in more than three months on Tuesday, as a broad-based sell-off driven by weak corporate earnings, global trade concerns and sustained foreign fund outflows rattled investor confidence.The benchmark Nifty 50 slipped 1.38% to close at 25,232.5, while the BSE Sensex declined 1.28% to…
Rheinmetall share price continued rising on Monday, reaching €1,960, its highest point since October, and a few points below the all-time high of €2,010. It has jumped by nearly 40% from its lowest point in December, bringing its market cap to over €90 bilion. European defense stocks are soaringOther European defense…
Dow Jones Index futures pulled back on Monday, continuing a weakness that started on Friday. It retreated by over 300 points and moved below the key support level at $49,000. It has now dropped by nearly 2% from its highest point this year. This article looks at some of the…
The S&P 500 Index has stalled near its all-time high as investors reflect on major news, including the ongoing earnings season and geopolitical events. It was trading at $6,9400, a few points below the all-time high of $6,986. This article explores some of the top catalysts for the SPX Index…
Intuit stock price has nosedived this year, confirming a downward spiral that started in July last year when it peaked at $810 to a low of $545 today. It has plunged by 32% from its all-time high, erasing billions of dollars in value as the market capitalization fell from $226…