Asian stock markets continue to take hit amid global trade war fears
Asian markets tumbled as they opened on Monday (Apr 7) morning, with Japan’s Nikkei 225 plunging by more than 7 per cent and Singapore’s Straits Times Index falling 8.5 per cent. Greater China markets also opened with huge losses. Fears have been growing of a global trade war, after United States President Donald Trump announced sweeping tariffs last week. Mahesh Sethuraman, Singapore CEO of investment and trading platform Saxo, tells CNA’s Elizabeth Neo that this market panic could lead to an economic and financial crisis if it continues.
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25 Comments
I predict usa stock market today will lost another 2 trillion $
Buy only gold and silver ,i predict silver price will go up and up
Go Trump! Tariffs are working, let’s make everyone pay their fair share. America is not the world’s welfare system.
Waste of time brining in CEO of a brokerage to help understand economy and markets
Tariffs don't start until the 10 April its early days the market might take another 20 % hit AFTER they come in.
Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in tech or stocks, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognize its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defense against a tyrannical government's…..I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 9Bitcoin….I'm especially grateful to Kristie Leslie, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
#deflation and amazed to see this as the "choice" after the still far worse Biden Crash of 2022. This is just getting underway as well. The entire Japanese financial system is effectively gone now. China doesn't of course have a financial system so presumably will continue to push interest rates there to the zero bound. That would be an act of War #beggar_thy_neighbor somewhere in between the two is Korea pushing hard here in the USA remarkable product effort. And of course all of Europe still be consumed by a now far more violent World War 3 than before so expect the USA to charge far more to finance that as is being done con gusto already. This must be done as the collapse of real estate bets in upon Florida cause a need for a complete reassessment of even working in that State. Basically the entire State of Florida has suddenly become uninvestable. Even worse of course is Canada now which as with China simply will not be invited to the Central Bank discussions as relates to how to mitigate the impact from this catastrophe 😢😢
We are watching with Champaign in hand at the collapse of the Elites, the 10% of the people in the world who own it all. The Other 90% of the world never benefitted from their benevolence. So screw them.
Que sera sera.. Remember Covid… many lives were lost!
"Trade war with China is easy to win," stated Trump 1.0, who easily won it and then compelled China 🇨🇳 to sign the one-way Phase-1 agreement.
Short term chaos is expected.
But Trump's reciprocal tariffs are a hard blow to the Chinese 🇨🇳 economy and its economic model.
NASDAQ DOWN ONLY 20% since 20/Feb/2025. Next 80% DOWN SOON. Yess U CAN DO IT TRUMP 💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜💜
EU pivot to asia!
THIS INDO ENGLISH SO BAD
Oh yay. I love it
The real winner is Israel, the tariff chart is just for show, but America won't implement tariff on Israel that for sure, it's like stopping the USAID to Israel 😂😂😂
🇸🇬 Markets don’t crash on facts—they crash on fear. Trade war headlines are shaking Asia, but the smart money is already looking for the next opportunity. The real question: panic sell… or position for the rebound? What’s YOUR move?👇
Good interview. Mahesh Sethuraman's view seems quite factual, and his guidance is good practice.
Americans — and everyone around the world — speak out now.
We’re on the edge of a global economic crisis, and silence is not an option.
Use media, organize protests, support campaigns, apply public pressure — whatever it takes to influence even the most rigid political platforms.
Tariffs, isolationism, and short-sighted policies don’t just hurt one country — they hurt all of us.
We need action. We need voices. We need global responsibility. Now.
To tell u frankly chinese expected this for long time.they stored so much fiscal and pumped 1 trillion dollar into local govt to pay.off debts last Dec wen Trump came into power.new world order. U make hay only wen sun shines .now there's no sun.jyzt living
You mean Japan lol
They have always been too dependent on USA for almost everything now
Let us see if mkt will drop to zero or not. Because people buy things using fear and do not think. They r uneducated. 😂
As a 65 year old who has witnessed 65 decades of market turmoil, the markets will rebound and hit new historic highs. Wait and see.
Put on seat belts….
President Trump to impose 104% tariffs on Chinese goods in response to 🇨🇳 China’s retaliatory tariffs !!🤑