European bank shares extend losses on fear of tariff-induced recession

Quick Summary:

President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

Shares in German lenders continued their losses for a third day as U.S.

Germany's Commerzbank and Deutsche Bank were down between 9.5 per cent-10.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFranceGermanyJapanSpain

Topics: Commerzbank Cent File Photo: Germany Deutsche Trade Logo Bank Seen Frankfurt

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 14:47:12 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27644409

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 8 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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