Author: MIT News

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.- – – – -EVENTS:A preview ahead of Gabon’s April 12 presidential election which the country’s military rulers, who took power in a 2023 coup…Read More

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India’s benchmark indexes opened higher on Tuesday, joining an Asia-wide rebound from a global selloff on hopes that the United States might be willing to negotiate some of its aggressive tariffs.The Nifty 50 NSE:NIFTY rose 1.85% to 22,566 while the BSE Sensex BSE:SENSEX gained 1.64% to 74,304.02…Read More

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Morgan Stanley’s Chetan Ahya says the latest round of tariffs will have a more damaging effect on Asia’s growth than the 2018-2019 period. Ahya also adds that the Trump administration seems focused on reducing the US trade deficit with its Asian partners. He says this means it will “take some time” for Washington to negotiate deals to reduce levies. (Source: Bloomberg)Read More

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