Shock
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Opec’s new supply shock nails on oil market’s return to surplus
[NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners (Opec+) is set to swell a surplus later this year, pressuring prices…
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A month after Trump’s tariff madness, shock waves are still being felt around the world
IF US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his recent actions that have effectively…
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UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
[ZURICH] UBS on Wednesday (Apr 30) posted better than expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US tariffs raise global growth fears even…
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Is The Tariff Shock Breaking The Nasdaq 100’s Long-Term Uptrend Since October 2022?
Understanding market trends necessitates a nuanced analysis that integrates both fundamental news and technical analysis. Investors often encounter scenarios where negative news doesn’t lead to anticipated market declines, or positive…
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Elizabeth Hurley Hints at Shock New Romance with Billy Ray Cyrus as She Posts Kissing Photo on Easter
Elizabeth Hurley and Billy Ray Cyrus took fans by surprise this Easter by announcing their romance with a PDA photo on Instagram. In a festive Sunday post, the “Achy Breaky…
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Hyundai CEO sees gradual rise in car prices easing tariff shock
[NEW YORK] Hyundai Motor’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the escalating global trade war, as automakers try to…
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African Development Bank Chief Warns Of Tariff ‘Shock Wave’
An onslaught of tariffs by the United States will send “shock waves” through African economies, the president of the African Development Bank said on Friday, warning of reduced trade and…
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Top US pension funds suffer US$169 billion blow from tariffs shock
The total losses for the whole US public retirement system will likely be “significantly higher” [NEW YORK] The top 25 state and local US pension investment funds suffered an estimated…
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Australian shares drop 4% in worst session since pandemic on Trump tariff shock
[SYDNEY] Australian shares plunged on Monday (Apr 7), in their worst session since the pandemic began, as sweeping US tariffs under President Donald Trump fuelled recession fears and wiped out…
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Asia: Stocks extend global rout after Trump’s shock tariff blitz
[HONG KONG] Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump’s tariff blitz that has inflamed a trade war and ramped up recession and…
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Elon Musk to Step Down from His DOGE Role Ahead of Schedule in Shock Move Amid Growing Controversy, Trump Tells Cabinet: Report
President Donald Trump has told his Cabinet and close advisers that Elon Musk is stepping down from his government role. According to Politico, the Tesla and SpaceX CEO is set…
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US: Stocks extend losses on auto tariff shock
[NEW YORK] Wall Street stocks retreated for a second day on Thursday, as US President Donald Trump’s announcement of upcoming tariffs on imported vehicles and parts rocked financial markets and sparked global…
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Trump Campaign Manager Reveals Shock At ‘Some Stuff’ Inside Project 2025: ‘Where The Hell Did That Come From?’
President Donald Trump’s former campaign manager revealed the operation was oftentimes surprised at some of Project 2025’s boldest ideas. The comments reveal inside knowledge at the initiative despite the campaign…