Asian Shares Jump On Trump Tariff Reprieve For Automakers

March 6, 2025

Catenaa, Thursday, March 06, 2025– Most Asian shares were up on Thursday following the rebound in the US stocks after President Donald Trump revised some of his planned tariffs. On Wednesday, the Trump administration decided to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports, raising hopes that a trade […]

Hedge funds exiting US tech and media stocks

February 24, 2025

Catenaa, Monday, February 24, 2025– Hedge funds have exited US tech and media stocks during the two weeks ending on February 21 at the fastest pace in six months, according to Goldman Sachs. A note sent to Goldman Sachs clients on Friday said speculators “aggressively” dumped both long and short positions in AI-related equipment, media, and communications […]