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Global markets faced turmoil last week due to new 25% US auto tariffs, raising stagflation concerns amid mixed earnings in Hong Kong. The Nasdaq 100 is testing critical support levels, while commodity prices surged, with oil nearing $70 per barrel and gold hitting $3,086. Key economic data, including China PMI and US employment figures, are anticipated this week.
Raiffeisen Bank International's share price fell 4.00% to €25.42, despite a strong 33.58% gain since the start of 2025. Analysts remain optimistic, with 66.7% recommending a buy, citing an attractive P/E ratio of 7.30 and an upcoming dividend payment on March 31, 2025.
UniCredit's Board of Directors has approved a share capital increase to facilitate a voluntary public exchange offer for all shares of Banco BPM. This decision follows the receipt of permissions from the ECB and Bank of Italy for UniCredit to acquire direct control of Banco BPM.
VP Bank shares rose slightly by 0.57% to EUR 87.75 on March 30, 2025, but face significant challenges, with analysts issuing a unanimous "sell" rating. Despite a favorable P/E ratio and high dividend yield, earnings expectations have been downgraded, and the average target price is 16.5% below the current price. The bank's history of disappointing results adds to investor concerns ahead of the upcoming Annual General Meeting on April 25, 2025.
In January, Saudi Arabia's total merchandise exports reached SR97.18 billion, a 2.4% year-on-year increase, with non-oil exports rising to SR26.48 billion, reflecting a 10.7% growth. China was the top destination for exports, receiving SR14.74 billion, while imports rose 8.3% to SR72.62 billion, primarily from China. The Kingdom's non-oil sector continues to expand, contributing significantly to economic diversification efforts under Vision 2030.
President Trump is set to announce a series of tariffs, dubbed "Liberation Day," aimed at reducing foreign imports and boosting American manufacturing. While he believes these measures will revitalize the U.S. economy, economists warn they could lead to higher consumer prices and sluggish growth, with potential retaliatory actions from other nations. Global leaders express concern that such tariffs could disrupt trade and harm job markets, emphasizing the risks of escalating trade tensions.
HSBC's recent decision to cut bonuses for sacked investment bankers highlights a shift in the banking sector, as new CEO George Elhedery prioritizes cost-cutting amid a challenging environment. This move underscores the discretionary nature of bonuses, which, while tied to performance, are not guaranteed, potentially reshaping incentive structures in the industry. As banks adapt post-crisis, the removal of the UK bonus cap may enhance London's appeal as a financial hub, even as the specter of past excesses lingers.
Saudi Arabia's chocolate imports reached 123 million kg in 2024, driven by rising consumer demand and special Eid Al-Fitr promotions. The Kingdom sources chocolate from countries like the UAE, UK, Jordan, Egypt, and Turkiye, with local sweets priced between SR30 and SR150 per kg, while imported varieties can be more expensive. Price stability is attributed to abundant production and low manufacturing costs, although premium chocolates can cost up to SR300 per kg.
Liechtensteinische Landesbank shares are currently trading at EUR 83.50, reflecting a 10.60% year-on-year increase. With a market capitalization of €2.6 billion and a net profit of €167.1 million, analysts project a further price increase of nearly 11%, recommending a buy ahead of the annual shareholders' meeting on April 16 and dividend payment on April 23.
The Swiss Federal Council utilizes Threema for secure communications, particularly for sensitive discussions like the UBS-Credit Suisse agreement. Unlike the US government's Signal mishap, Threema Work ensures user identification to prevent unauthorized access. Amid rising geopolitical tensions, interest in secure messaging is increasing, with Threema gaining traction among governments and organizations worldwide, despite facing a ban in Russia.
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global markets react to trade tensions and economic concerns
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00:27 31.03.2025
raiffeisen bank shares face volatility amid positive long term outlook
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13:47 30.03.2025
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Swiss Federal Council adopts Threema for secure communications amid rising privacy concerns
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06:05 30.03.2025
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