The FinTech Hub
Source: Live Mint On 1 February, Trump issued a 10% duty on Chinese imports and 25% tariffs on Canada and Mexico, with a lower 10% rate on Canadian energy exports. However, after negotiations, the tariffs on Canada and Mexico were temporarily suspended for 30 days, underscoring the evolving nature of these trade policies. Also read…
Source: Live Mint Tariffs announced by US President Donald Trump sent the cryptocurrency market into a tailspin, as investors pared exposure to riskier assets. Bitcoin, the world’s biggest and most popular crypto token, crashed 5% to $93,921.93 in Monday’s trading session and even touched a three-week low of around $91,441.89. Ether, the second-largest digital asset…
Source: Live Mint Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled ‘Pouncing Tiger, Prevaricating Dragon’, CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump’s victory in the US…
