Asian stocks drop

Asian stocks drop as Trump’s tariff deadline nears

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Asian stocks drop as Trump’s tariff deadline nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% levy on China sapped investor appetite for risk. US Treasury yields extended their gains. Stocks tumbled in Australia and Japan and equity-index futures for the S&P 500 fell more than 1.8%. The dollar edged lower … Read more

Asian stocks drop after AI jitters hit US equities

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Asian stocks drop after AI jitters hit US equities

Asian stocks fell as traders braced for a turbulent Tuesday, following a bruising session on Wall Street as cracks appeared in the artificial intelligence sector powering the bull market. A selloff was triggered after a cheap AI model from Chinese startup DeepSeek climbed to the top of Apple’s appstore, sparking concerns that valuations of the … Read more