Funding & Business
Brazilian Assets Fall as Trump’s 50% Tariff Threat Roils Outlook
Brazilian assets dropped as President Donald Trump’s threat to impose 50% tariffs on all goods from the South American nation rippled through markets.
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Gold steadied after a two-day climb as traders focused on tariff threats from President Donald Trump and the outlook for US monetary policy.
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A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
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A temporary trading ban imposed by India’s securities regulator on Jane Street Group LLC is fueling concerns that volumes in the nation’s bustling derivatives market may drop, hurting business at the top exchange.
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