Stocks drop on tariff whiplash, futures decline


NEW YORK: Asian shares fell and the dollar held losses as uncertainties around President Donald Trump’s tariffs whipsawed the markets.

A regional stock gauge dipped 0.4 per cent, led by shares in Japan. Equity-index futures for the US and Europe extended their losses after the Wall Street Journal reported that the Trump administration is considering a stopgap effort to impose tariffs on swaths of the global economy.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Asian , equities , market , May 30

Next In Aseanplus News

Boy, 7, is youngest professional rally car driver in China, starting race journey at age 1
K-idol Heeseung ‘a bit sorry’ after splitting from Enhypen
Visa-free travel, rising foreign visitors boost luxury hotel growth in China
Laos delivers emergency aid after over 2,000 households hit by rare hailstorm in Vientiane
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Foul odour leads to discovery of three bodies in Merbok home
South-East Asia revisits nuclear power plans for AI data centres as Iran war disrupts energy supplies
Cambodia refutes Thai portrayal of Preah Vihear cooperation as ICC confirms severe damage
Singapore child sex offender Amos Yee freed from Changi Prison after mother posts $10k bail
Victor Chin: RM9.5mil was ‘service fee’, not bribe to enforcement agencies

Others Also Read