As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration. ADVERTISEMENT Donald Trump has returned to the White House as the 47th US president, making him the first to serve two non-consecutive terms since Grover Cleveland in the late …
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Play ball on anti-crisis banking laws, EU finance pick tells Trump
In a three-hour hearing held on Wednesday, Maria Luís Albuquerque rejected calls to slash insurance laws to boost the economy, while brushing off conflict-of-interest fears from her own private sector career. ADVERTISEMENT The US must implement post-crisis banking rules, despite fears an incoming Trump administration could slash regulatory protections, Portugal’s pick to be EU financial services commissioner told a European …
Read More »Donald Trump Jr. says he’ll flee the country if his father loses election
Donald Trump Jr. suggested he would flee the country if his father loses the presidential election. In an Election Day live video on TikTok, the 46-year-old businessman took a question from a follower who asked what he would do once the race was called. ‘If we don’t win, then I’ll probably, you know, the way the Democrats function, I’m going to …
Read More »Kamala Harris’ campaign surrogate, Mark Cuban congratulates Trump, says he won ‘fair and square’
Mark Cuban went on X to congratulate Donald Trump, even before victory was called in his favour. “You won fair and square,” Cuban, who is Kamala Harris’ campaign surrogate, wrote on X on Wednesday morning. “Congrats to @elonmusk as well. #Godspeed.” Cuban initially endorsed President Joe Biden’s reelection campaign. He shifted his support to Harris after she became the Democratic …
Read More »Euro suffers worst drop since Covid ahead of Trump winning US election
Ahead of a decisive win by Donald Trump in the US presidential election there was a sharp rally in the US dollar, sending the euro to a four-month low and boosting Bitcoin by 5% to a record high as European markets opened. ADVERTISEMENT The Republican Party has regained control of the Senate and leads in the House of Representatives, solidifying …
Read More »US election: Trump ahead of Kamala in polls as he wins North Carolina, a key battleground state
Former US President Donald Trump has won North Carolina, taking the first major major battleground state of the election so far and cementing the Republican party’s hold on the state’s 16 electoral votes. Voters in all 50 states and the District of Columbia did cast ballots in the presidential contest between Democrat Kamala Harris and Republican …
Read More »US election: Donald Trump expected to win North Carolina
The former president appears to have clung onto a hotly contested state that Democrats worked hard to pick up. ADVERTISEMENT Donald Trump is projected to have won the state of North Carolina, netting him 16 Electoral College votes and dealing a blow to Kamala Harris’ hopes of adding a state to the Democrats’ column after Joe Biden’s 2020 victory. While …
Read More »Donald Trump votes with wife Melania, says he’ll win a ‘big victory’,
Donald Trump is feeling ‘confident’ after casting his vote in Palm Beach, Florida despite polls showing the race between him and Kamala Harris is virtually tied. After casting his vote, the 78-year-old who was accompanied by his wife Melania took questions from reporters with just hours until the polls close. Trump answered several questions and reacted to reports of chaos …
Read More »Signs of Trump trade unwinding ahead of the US Election
Signs of Trump’s Trade positions unwinding appeared ahead of the US election. Analysts expect a Harris win could reverse current market trends. ADVERTISEMENT Risk-off sentiment continued to shape market trends, with major indices in both Europe and the US starting the week on a negative note. The pan-European Stoxx 600 dropped by 0.3%, while the S&P 500 declined by 0.28%. Meanwhile, …
Read More »Ronnie O’Sullivan, Neil Robertson & Judd Trump among players to reach International Championship third round
Ronnie O’Sullivan claimed a 6-2 win over He Guoqiang to move into the third round of the International Championship in Nanjing. The seven-time world champion, who has been defeated twice by China’s He this season, lost the opening frame but took control of the contest with breaks of 73, 87, 83 and 70. And two more half-centuries ensured the Englishman …
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