Thailand Offers Tax Incentives to Bolster Slumping Stocks
  • March 11, 2025

Thailand Offers Tax Incentives to Bolster Slumping Stocks

(Bloomberg) -- Thailand will provide tax incentives for investments in the nation’s equity market that has underperformed peers this year amid foreign outflows. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio

Tariffs topple stocks, no sign of 'Trump put'
  • March 10, 2025

Tariffs topple stocks, no sign of 'Trump put'

U.S. stocks finally caught up overnight with what currency and bond markets have been saying for several weeks: A slowdown is coming. Tesla shares have halved since their post-election peaks and the dollar, which had been rising in anticipation of Donald Trump's policies, has now begun sliding as he slaps tariffs on his neighbours. Citi downgraded its U.S. asset allocation recommendation, cutting stocks to "neutral" from "overweight" after the market closed, saying that for the next few months at least it's not clear that the U.S. economy's outperformance can continue.

Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs
  • March 10, 2025

Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs

Asian benchmarks skidded on Tuesday, as worries grew about ripple effects of President Donald Trump's tariffs on regional economies and companies. Japan's benchmark Nikkei 225 sank 0.8% to 36,793.11, its lowest close in six months but up from a more than 2% loss earlier in the day. “Heightened anxiety surrounds both existing and incoming U.S. tariffs, along with retaliatory measures from trading partners, and China’s newly effective tariffs will continue to weigh on equities,” said Anderson Alves, a trader at ActivTrades.