China says it opposes unilateral sanctions and "long-arm jurisdiction", following the 25% tariff on US trade for countries doing business with Iran
China's opposition to unilateral sanctions and long-arm jurisdiction highlights ongoing tensions with the U.S., particularly regarding tariffs on countries engaging in trade with Iran.
UBS (UBSG SW) CEO Ermotti is planning to step down in April 2027, the FT reports citing people familiar with the matter
Japanese PM Takaichi confirms her intent to hold snap elections, Kyodo reports
China says it opposes unilateral sanctions and "long-arm jurisdiction", following the 25% tariff on US trade for countries doing business with Iran
Samsung Electronics (005930 KS) is to supply automotive 5G modems to Tesla (TSLA)
Citi says its 3-month price target for gold and silver is now USD 5000/oz and USD 100/oz respectively
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This stance could escalate trade frictions, impacting global markets, particularly in commodities and currencies. Traders should watch for potential volatility in energy prices and safe-haven assets as geopolitical uncertainties persist.
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