Business
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…
Tag
tariff
Business
Asia: Stocks down after Trump Fed firing, tariff threats
ASIAN stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual…
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Hospitality lags while industrial S-Reits defy tariff concerns in H1 results
While the hospitality sector “disappointed” in the latest half-year results for Singapore real estate investment trusts (S-Reits), the…
Business
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as…
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Estee Lauder cuts some prices despite the continued tariff toll
Estee Lauder is lowering prices on some items to boost sales, an unusual move at a time when many US consumer companies are raising prices…
Business
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
Business
Europe: Shares close higher as US-China tariff truce, US data buoy sentiment
EUROPEAN shares closed higher on Tuesday on optimism about the US-China tariff truce and interest rate cuts by the US Federal Reserve,…
Business
Asian Stocks Rise on US-China Tariff Truce and Interest Rate Hopes
Stocks rose in Asia on news that U.S. President Donald Trump will extend a tariff truce between Washington and Beijing for 90 days. This…
Business
Tariff Impacts at Under Armour and Allbirds Rattle Shoe Investors
Some shoe investors are heading for the hills over worries connected to lowered earnings guidance from Under Armour, Allbirds and Crocs…
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Singapore semiconductor firms are exposed to planned US tariff, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of a US semiconductor tariff.…
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Singapore semiconductor firms exposed to planned US tariff, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of a US semiconductor tariff.…
Business
US: Nasdaq ends at record, Dow falls as tariff hikes take effect
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in…
Business
US: Wall Street opens higher on tariff exemption hopes
Street’s main indexes opened higher on Thursday (Aug 7), buoyed by optimism that major technology companies could avoid US President…
Business
Singapore shares rise, mirroring regional gains despite tariff kick-off; STI up 0.7%
Local stocks closed higher on Thursday (Aug 7), extending their winning streak to a fourth consecutive session, in line with broader gains…
Business
Sony lifts outlook on entertainment demand despite tariff threat
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its…
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Europe: Shares end flat as healthcare stocks weigh after Trump’s tariff threat
EUROPEAN shares closed flat on Wednesday, surrendering early session gains, as healthcare stocks felt the pinch from US President Donald…
Business
Stocks Fall Worldwide Amid Tariff Concerns and U.S. Economic Slowdown
Global stock markets declined on Wednesday, as traders' fears about the U.S. and global economy worsened. The Dow was down a tad, the S&P…
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Asian container liners set for profit drop as tariff boom fades
Asian container liners’ profits might have just peaked. A sharp drop in shipping rates could be on the cards later this year after…
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Wall Street Falls Sharply After Donald Trump's New Tariff Announcement and Weak Job Data
U.S. stock markets plummeted sharply on Friday following President Donald Trump's new tariffs on imports from Canada, India, Brazil, and…
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Oil rises over 1% as investors weigh Trump’s Russia stance, tariff threats
Oil prices settled 1 per cent higher on Wednesday as investors focused on developments on US President Donald Trump’s tighter deadline for…
Business
Europe: Shares close flat as investors weigh US tariff impact on earnings
EUROPEAN shares closed flat on Wednesday as investors weighed the impact of tariffs on corporate earnings after big companies including…
Business
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and…
Business
P&G estimates US$1 billion tariff hit, plans some US price hikes
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…