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Dow, S&P, Nasdaq decline after Trump announces fresh tariffs on Canada

Trump doubled his planned tariff on all steel and aluminum products coming into the US from Canada, bringing the total to 50 per cent

Amid trade spat, Trump doubles tariffs on Canadian steel, aluminium to 50%

Trump said that his administration will substantially increase tariffs on cars coming into the US on April 2, if other tariffs are not dropped by Canada

China tightens trade rules as Canadian tariffs spark price volatility

China on Saturday shocked markets with a 100 per cent tariff to just over $1 billion of Canadian rapeseed oil, oil cakes and pea imports

Govt bond yields dip as traders await inflation data from India, US

Investors are on the edge globally after US President Donald Trump declined to rule out a recession as a result of his tariff policies

Rupee gains as dollar drops to four-month low amid global uncertainty

Uncertainty about trade tariffs and their impact on the growth-inflation dynamic in the United States has sapped risk appetite from markets alongside a sharp selloff in US equities

India's cotton imports to double as output falls short, says trade body

Higher imports by world's second-largest producer of the fibre could support global prices, which fell to their lowest in more than 4 years after top consumer China levied duties on imports from US

To lower infra cost, Meta begins testing its 1st in-house AI training chip

Meta is working with Taiwan-based chip manufacturer TSMC to produce the chip, this person said. The test deployment began after Meta finished its first 'tape-out' of the chip

India's edible oil imports hit 4-year low due to depleting inventories

Lower-than-normal imports for the second straight month have depleted stocks in the world's biggest buyer of vegetable oils

Nissan picks insider Ivan Espinosa as successor for CEO Makoto Uchida

Uchida had been under pressure to step down following worsening earnings performance at Japan's third-largest automaker and the collapse of merger talks with Honda

Cyber fraud cases in India surged 4-fold in FY24, causing $20 mn in losses

Cyber literacy has lagged, leaving people vulnerable to fraud, with scammers impersonating officials or using AI to dupe unsuspecting people online

Syngene acquires first US biologics site for $36.5 mn to expand capacity

The facility, which the contract research firm said is strategically located near key biotech hubs in the Northeast US, is expected to be operational for client projects from the second half of 2025

One killed in Ukraine's biggest drone attack on Moscow, transport disrupted

The strikes came as the United States is pushing for an end to the three-year war that Russia started with its invasion of Ukraine in February 2022

Trump likely wants minerals refining on Pentagon bases to boost US output

Move is one of several planned for an executive order Trump could sign as soon as Wednesday after he told the US Congress last week he would 'take historic action'

EU worries US embracing crypto could impact Europe financial stability

ECB has been working on creating a digital euro since 2020, after Facebook announced a year earlier it wanted to launch its own digital currency called Libra

Nissan's board meets today to discuss potential replacements for CEO Uchida

A new CEO, who would be Nissan's fourth in less than six years, could also serve in an interim capacity while the board searches for a permanent replacement

Zelenskyy arrives in Saudi Arabia as US voices hope for Ukraine peace talks

During the meeting in Jeddah, the crown prince underscored the kingdom's support for international efforts to resolve Ukraine's crisis and achieving peace

Asian shares slide as market selloff deepens on US economic growth worries

In Asia, it was a sea of red with Japan's Nikkei and Taiwan stocks sliding about 3 per cent, hitting their lowest level since September

IndusInd Bank's net worth to take 2.35% hit over account discrepancies

The Mumbai-based lender said the net worth impact emerged from internal derivative trades, which were not in compliance with rules enforced by the Reserve Bank of India from April 2024

Nasdaq plunges 4% as tech dives, slowdown fears mount; Dow falls 1.54%

Crypto stocks fall on lower bitcoin prices; HSBC downgrades US stocks

US treasury yields drop as Trump raises concerns over impending recession

Trump declined to predict whether the US could face a recession amid stock market concerns about his tariff actions on Mexico, Canada and China, saying that "there is a period of transition"