Tag Archives: selloff

Kraken selloff lands Seattle a bounty in future draft picks


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The world’s top 5 tech tycoons — including Elon Musk, Jeff Bezos, and Bill Gates — have already lost about $85 billion this year after a brutal market selloff


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Travel sector sell-off, airlines, cruises, hotels tumble


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Trump tariffs fuel sell-off in steel and aluminium firms

Trump tariffs fuel sell-off in steel and aluminium firmsSteel and aluminium producers across Asia sank Friday on news of Donald Trump’s controversial tariffs, though some analysts said the long-term effects on the sector might not be as bad as thought. The president said Thursday he would slap levies of 25 percent on steel and 10 percent on aluminum imports, delivering an election campaign promise to put “America First” and protect US jobs from what he claims are unfair trade practices. The announcement has been met with fury across the world — even from those in his own Republican Party — with warnings it could spark a painful global trade war, sparking a sell-off on equity markets already on edge over fears of rising US interest rates.



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Asian traders cautious after sell-off as N.Korea tensions linger

Asian traders cautious after sell-off as N.Korea tensions lingerAsian markets struggled on Tuesday while the safe-haven yen and gold held gains as traders fretted over North Korea's weekend nuclear test which prompted warnings of US military action.



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