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The Latest Breaking News from Asia

Market Panic Deepens As China Retaliates Against Trump Tariffs

Hong Kong's Hang Seng plunged more than 13 percent, its biggest drop since the 1997 Asian financial crisis, while in Japan the Nikkei 225 index fell an eye-watering 7.8 percent.

Latin Times

The Worst Market Crashes Since 1929

Monday's stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis.

International Business Times

Climate crisis made ‘bonkers’ central Asia heatwave up to 10C hotter

Springtime heat in Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan likely to become more common as planet warms, accelerating glacier loss and threatening water supplies

The Independent UK

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Hong Kong stock market plunges most since ’97 crisis amid tariffs panic

Benchmark Hang Seng Index plummets as much as 13.74 percent in horror day for Asia’s markets.

Al Jazeera

Asian markets go into a 2008-style freefall, after Trump calls his tariffs needed ‘medicine’ for the U.S.

“I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump told reporters on Sunday.

Fortune

Asian stock markets plunge as Trump defends tariffs

Asian stocks across the board were sinking to new lows after the US president said he will not back down on his sweeping import taxes.

Evening Standard

FTSE 100 Live 07 April: Blue-chip index slide continues, S&P 500 set for bear market

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today.

Evening Standard

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Trump denies causing market sell-offs but sticks to trade deficit goal

Global stock markets deepened losses during Monday’s Asian session as US President Donald Trump reiterated his commitment to eliminating US trade deficits—particularly with China—while denying any intention to fuel market turmoil.

Euronews

Global trade war escalates as Trump threatens China with '104% tariffs'

The White House confirmed that with previous hikes in tariffs on China, the total Beijing was now being threatened with would be 104%

Evening Standard

Monday briefing: Asian markets slump after Trump insists that tariff policy will not change

In today’s newsletter: Why the global sell-off continued in earnest this morning – and why it matters

The Guardian - UK

Equities Savaged As China Retaliation To Trump Tariffs Fans Trade War

Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.

International Business Times

Market Panic Deepens As World Scrambles To Temper Trump Tariffs

Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump's punishing tariffs, even as countries sought compromise with the defiant president.

International Business Times

Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

Sending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall

The Independent UK

Experts at the Samarkand Climate Forum warn central Asia is getting warmer year after year

Fertile lands are rapidly decreasing while the Central Asian region’s population is growing, and in 25 years from now, it can surpass 100 million people, Uzbekistan's president warned at the Samarkand Climate Forum.

Euronews

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The Independent UK

South Asian garment makers anxious about future after Trump’s ‘shock’ tariffs: ‘Terrible for business’

Manufacturers fear retailers will opt for other cost-effective nations with lower tariffs on imports

Fortune

'China plus one' bets unravel as Southeast Asian economies get steep 'Liberation Day' tariffs

Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now face an array of bad options.

Euronews

EU seals new Central Asia partnership deal as debut Samarkand summit ends

Amid global tensions following Trump's tariff announcements, the EU marked 30 years of diplomatic ties by declaring a new strategic partnership with Central Asia.

Fortune

Trump's tariffs are sending ultra-rich investors to Europe and Asia: 'The world has changed in the last 3 months'

Driven by policy uncertainty and potential economic or market disruptions in the U.S., rich investors are looking abroad.

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Euronews

Kyrgyz deputy leader touts rising cooperation between EU and Central Asian 'tigers'

Edil Baisalov, Deputy Prime Minister of the Kyrgyz Republic, spoke to Euronews about trade, energy, youth mobility and democratic resilience, urging stronger investment and joint responses to global upheavals and the challenges of the digital age.

The Independent UK

One thing that could rupture Russia’s friendship with China

The Central Asian region’s strategic location between Russia and China has long made it a ‘grand chessboard’ for great power politics

Evening Standard

FTSE 100 Live 04 April: Tariffs sell-off continues, oil price at three-year low

The trade turmoil caused by Donald Trump’s Liberation Day tariffs continues to send shudders through financial markets.

The Independent UK

The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020

Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020

The Independent UK

Asian stocks slid after Wall Street surrendered to a hit by Trump's tariffs

Asian markets are retreating after Wall Street led the biggest loss among world's markets over worries about U.S. President Donald Trump's tariffs

International Business Times

Asian Stocks Extend Global Rout After Trump's Shock Tariff Blitz

Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears.

The Guardian - UK

EU urged to put human rights centre stage at first central Asia summit

Bloc to discuss trade, security and energy with leaders of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan

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