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Nikkei plunges as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last week

Japan’s Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as concerns over a tariff-induced global recession continue to rip through markets.

The Nikkei dropped as much as 8.8% to hit 30,792.74 for the first time since October 2023. The index was trading down 7.3% at 31,318.79, as of 0034 GMT, Reuters reports.

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© Photograph: VCG/Getty Images

© Photograph: VCG/Getty Images

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Ukraine war briefing: Macron urges strong action against Russia if it continues to ‘refuse peace’

French president speaks after missile attack on Volodymyr Zelenskyy’s home town that killed 20, including nine children. What we know on day 1,139

French president Emmanuel Macron on Sunday called for “strong action” if Russia continued “to refuse peace”, days after a Russian ballistic missile killed 20 people, including nine children, in Volodymyr Zelenskyy’s home town. Despite US and European efforts to secure peace in Ukraine, Russia continued “to murder children and civilians”, Macron said. “My thoughts are with the children and all civilian victims of the bloody attacks carried out by Russia, including on 4 April in Kryvyi Rih,” Macron said on X. “A ceasefire is needed as soon as possible. And strong action if Russia continues to try to buy time and refuse peace.” Macron said that even though Ukraine accepted US president Donald Trump’s proposal for a complete ceasefire and European countries were also working to secure peace, “Russia is continuing the war with renewed intensity, with no regard for civilians.”

Ukraine’s president said Russian attacks were launched on Sunday from the Black Sea, showing why Moscow is refusing to agree to an unconditional ceasefire: “they want to preserve their ability to strike our cities and ports from the sea.” Zelenskyy said a ceasefire at sea was key for overall security and bringing peace closer and suggested Vladimir Putin does not want to end the war, adding: “He is looking for ways to preserve the option of reigniting it at any moment, with even greater force.”

Zelenskyy said on Sunday that Russia was increasing its aerial bombardment after its forces mounted a “massive” missile and drone attack on Ukraine overnight, killing two people. “The pressure on Russia is still insufficient,” the Ukrainian president added.

It would be unsafe for Russia to restart the occupied Zaporizhzhia nuclear plant and would take Ukraine up to two years in peacetime if it regained control, the chief executive of the company that runs the site has said. Petro Kotin, chief executive of Energoatom, said “major problems” to overcome included insufficient cooling water, personnel and incoming electricity supply. The future of the Zaporizhzhia plant, Europe’s largest nuclear reactor, is a significant aspect of any negotiations to end the war in Ukraine.

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© Photograph: Violeta Santos Moura/Reuters

© Photograph: Violeta Santos Moura/Reuters

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Benefits of ADHD medication outweigh health risks, study finds

Children taking ADHD drugs showed small increases in blood pressure and pulse rates but ‘risk-benefit ratio is reassuring’

The benefits of taking drugs for attention deficit hyperactivity disorder outweigh the impact of increases in blood pressure and heart rate, according to a new study.

An international team of researchers led by scientists from the University of Southampton found the majority of children taking ADHD medication experienced small increases in blood pressure and pulse rates, but that the drugs had “overall small effects”. They said the study’s findings highlighted the need for “careful monitoring”.

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© Photograph: Murdo Macleod/The Guardian

© Photograph: Murdo Macleod/The Guardian

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Aid cuts could have ‘pandemic-like effects’ on maternal deaths, WHO warns

Loss of funding could undo progress in reducing deaths in pregnancy and childbirth, especially in war zones, says UN

More women risk dying in pregnancy and childbirth because of aid cuts by wealthy countries, which could have “pandemic-like effects”, UN agencies have warned.

Pregnant women in conflict zones are the most vulnerable, and face an “alarmingly high” risk that is already five times greater than elsewhere, according to a new UN report on trends in maternal mortality.

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© Photograph: Alexis Huguet/MSF

© Photograph: Alexis Huguet/MSF

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