Category: finance
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Japanese Stocks Plunge Amid Premiership Uncertainty and Escalating US-China Trade Tensions
Japanese equities experienced a sharp sell-off on Tuesday, marking the largest one-day decline since April, as investors grappled with political uncertainty surrounding the country’s next prime minister and ongoing U.S.-China trade tensions. The Nikkei 225 fell 2.58% to 46,847.32, while the broader Topix index declined 2% to 3,133.99, reflecting widespread investor caution. Political Uncertainty Clouds
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US and China Engage in Tit-for-Tat Port Fee Dispute, Raising Global Shipping Concerns
The ongoing trade rivalry between the United States and China has now extended to the high seas. On Tuesday, both nations implemented new port fees targeting each other’s vessels, signaling a significant escalation in maritime tensions. This move threatens to disrupt global shipping, affect supply chains, and push freight costs higher for international businesses. What
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