Asian Stocks Slide as Oil Surges Past $100 Amid Red Sea Attacks
Asian stock markets declined on Friday, July 24, 2026, as Brent crude oil prices surged past $100 per barrel. The spike follows attacks by Iran-backed Houthi … Read more
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Actor: Trump Action: Imposes Object: New Tariffs on 60 Countries Trump Imposes New Tariffs on 60 Countries
On July 24, President Donald Trump’s new tariffs on 60 countries took effect, sending shockwaves through global markets. The measures, replacing temporary 10% levies, imposed 10% … Read more
Zimbabwe Joins BRICS New Development Bank to Boost Industrialization Funding
Zimbabwe officially joined the Shanghai-based BRICS New Development Bank on Wednesday, marking a significant step to secure development finance and support the country’s industrialization drive after … Read more
Alphabet Shares Sink as AI Spending Forecast Hits $205 Billion
Alphabet Inc. shares plunged on Thursday after the company raised its capital spending forecast to as much as $205 billion for the year, triggering investor concerns … Read more
Lululemon Faces Slowing Sales in China”
Chinese consumers are shifting from yoga-centric fitness to diverse outdoor activities, pressuring premium athletic brands like Lululemon as sales growth slows and new sports gain traction, … Read more
Elon Musk’s SpaceX Shares Hit Record Low at $115.26
SpaceX shares fell to a record low of $115.26 on Wednesday, as short sellers amassed $15.5 billion in paper profits, while Tesla’s stock plunge cost Elon … Read more
Mortgage Rates Hit 11-Month High at 6.58%
Mortgage rates hit a 11-month high this week, with the 30-year fixed rate averaging 6.58% according to Freddie Mac, the highest level since August 2025. The … Read more
Actor → Brent crude Action → rose Object → $100 per barrel
Global benchmark Brent crude oil prices surged past $100 per barrel for the first time since May 2026 as renewed conflicts in West Asia and Red … Read more
Trump Administration Imposes 10% to 12.5% Tariffs on Over 80 Nations
President Donald Trump’s administration has imposed a fresh wave of double-digit tariffs ranging from 10% to 12.5% on more than 80 countries. The sweeping duties took … Read more
Global Markets Sink as AI Valuation Fears and Rising Oil Prices Hit Stocks
The global equity mood deteriorated rapidly this week, driven by a aggressive test of the AI trade. While the sector had fueled most of the year’s … Read more
Global Stocks Plunge as AI Tech Sell-Off and Rising Oil Prices Hit Markets
Global equity markets suffered a sharp downturn on Tuesday, driven by tumbling artificial intelligence and semiconductor stocks alongside a spike in oil prices following renewed Middle … Read more
Trump to Use Section 301 to Replace Expiring Global Tariffs
President Donald Trump is preparing to replace expiring temporary import duties with more durable trade barriers as a 10 per cent global tariff expires on July … Read more