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2025-04-14 04:25:47| The Economic Times

Donald Trump does not want a foreign company to control US Steel. He repeated his concerns about Nippon Steel's bid to acquire the American firm. Trump had earlier stated his preference against US Steel going to Japan. This statement caused a drop in the company's shares. Both companies are now collaborating with the Trump administration.


Category: News and Media

 

2025-04-14 04:13:50| The Economic Times

In the NSE large-cap pack, six stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on April 11, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:


Category: News and Media

 

2025-04-14 03:52:02| The Economic Times

Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam. He also reiterated Beijing's line that a "trade war and tariff war will produce no winner, and protectionism will lead nowhere", the agency added.


Category: News and Media

 

2025-04-14 03:49:37| The Economic Times

Singapore's central bank eased monetary policy again due to concerns about global growth and trade, influenced by U.S. tariffs. The Monetary Authority of Singapore reduced the rate of appreciation of its exchange rate, while the trade ministry lowered Singapore's GDP growth forecast for 2025 to 0%-2%. Economists suggest further easing is possible if economic conditions worsen.


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2025-04-14 02:57:59| The Economic Times

Asian stocks experienced a boost following President Trump's temporary suspension of import duties on consumer electronics, providing relief after a turbulent week. While this pause offers a brief respite, uncertainty persists as Trump hints at future tariffs and continues to reshape global trade. Investors remain cautious, navigating conflicting statements and hoping for a negotiated resolution to the trade disputes.


Category: News and Media

 

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