Global stock markets rise as political shift in South Korea and US tariff hopes boost sentiment
Wednesday, 4 June 2025 () European and Asian stocks climbed, mirroring Wall Street's optimism fueled by easing trade tensions and South Korea's political developments. Investors are closely monitoring US trade policy and awaiting key economic data, including the non-farm payrolls report. Technology stocks led gains, while Treasury yields remained stable after recent increases, and commodity markets saw slight gains in crude oil prices.
Lee Jae-Myung was officially sworn in as South Korea’s new president after a sweeping snap election victory. In his first address, Lee launched a sharp critique of former U.S. President Donald Trump’s steep tariffs on South Korean steel and aluminum exports, calling for a rebalancing of trade...
Liberal Lee Jae-myung wins South Korea's presidential election ending months of political turmoil
The liberal opposition candidate has secured more than 49% of the votes in an election that has seen..
Credit: euronews (in English) Duration: 02:25Published
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and..
The Sistine Chapel doors have officially slammed shut, marking the solemn start of the 2025 Papal Conclave. Cardinals from around the globe are now locked in, tasked with electing the next pope under..
Wednesday, 4 June 2025 ()
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