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Industry

Asian Stocks Recover Following Steep Decline

Ankara: Asian stocks bounced back on Tuesday after posting a record drop, with Japan leading the recovery amid optimism about being prioritized in US trade negotiations. Japan’s Nikkei 225 index rallied by 6.01% to close at 33,008.50 points after US P…

Southern Africa Bloc Raises Concern Over US Tariffs

Ankara: The Southern African Development Community (SADC) on Tuesday expressed concern over the new tariffs imposed by the US on imported products, including those from the bloc member states. A new baseline tariff of 10% slapped on all imports announ…

Trump Tariffs Fuel Recession Concerns Amid Rate Cut Expectations

Washington: President Donald Trump’s tariffs are fueling recession concerns in the US while the Fed’s rate cut expectations are on the rise amid uncertainties. Trump’s reciprocal tariffs, announced April 2, are expected to go into effect this week, gi…