US tariffs will likely dent growth prospects in Central Europe, S&P Global says
  • March 2, 2025

US tariffs will likely dent growth prospects in Central Europe, S&P Global says

U.S. President Donald Trump's proposal to impose 25% tariffs on imports from the European Union is likely to dent growth prospects in Central Europe, compounding existing fiscal challenges, S&P Global Ratings told Reuters. Trump said last week his administration would soon announce the tariffs on goods from the EU, which the Republican leader said had been created to "screw" the United States.

Investors are scouring emerging markets for Trump-proof bets
  • March 2, 2025

Investors are scouring emerging markets for Trump-proof bets

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Globa

Australian's housing market ends downturn as rate cut lifts sentiment, CoreLogic data shows
  • March 2, 2025

Australian's housing market ends downturn as rate cut lifts sentiment, CoreLogic data shows

Australia's property market emerged from a shallow downturn in February as the first rate cut in over four years lifted buyer sentiment, although the still-high borrowing costs and elevated prices are clouding the outlook. Figures from property consultant CoreLogic showed prices across the nation rose 0.3% in February from January, ending three months of declines or no growth. Tim Lawless, CoreLogic's research director, said the bounce in prices has more to do with an uptick in sentiment than any immediate improvement in borrowing capacity as rates were only lowered by a quarter-point.