Market shock from tariffs on cars and their components, gold records, geopolitics and company news
Latest stock market news
• The U.S.'s announced 25% tariff on auto imports is causing turmoil around the world, from Tokyo and Seoul to Wolfsburg and Detroit, as automakers warn of rising prices and consider shifting their production bases to cope with the shock. Shares in Japanese and South Korean automakers, the pillars of Asia's two powerful economies, fell sharply on Friday to end the week.
Nearly 3 trillion yen ($20 billion) has fallen from the market value of Japan's three biggest automakers - Toyota, Honda and Nissan - in three trading sessions this week.
Futures suggested...