Business
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US…
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tariff
Business
Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index…
Business
ECB leaves interest rates unchanged amid tariff uncertainty
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a…
Business
US: Dow advances, S&P 500 logs new record with boost from tariff pacts
Wall Street stocks advanced on Wednesday with the Dow logging strong gains and the S&P 500 closing at a record for the third time in a row…
Business
Caution Grips on Asian Markets as Tariff Deadline and Earnings Wave Approach
Asian share markets dipped on Tuesday, following a second straight day of gains on Wall Street. The MSCI Asia-Pacific Index (excluding…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
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Gold Prices Inch Up on Lower Dollar, Tariff Deadline Support Safe Havens
Gold prices edged up on Monday, buoyed by a weaker U.S. dollar, as investors looked further ahead than this week, when new U.S. tariffs on…
Business
Tariff uncertainty pummels South-east Asia’s private equity dealmaking in H1; caution likely to reign for rest of 2025
Private equity (PE) deal value in South-east Asia plunged by nearly half in the first six months of 2025, as macro uncertainties slowed…
Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
Business
Fed’s Williams says tariff economic impact is only just starting
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central…
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
Business
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses…
Business
Global Stocks Rise Ahead of Tariff Talks and U.S. Earnings, Inflation Data
Stocks worldwide rose on Tuesday, supported by tentative optimism ahead of an important week for U.S. corporate earnings and inflation…
Business
Europe: Shares end lower as Trump’s tariff threats keep markets on edge
EUROPEAN shares ended slightly lower on Monday, with tariff-sensitive auto stocks down after US President Donald Trump’s latest threat to…
Business
US: Nasdaq hits new record as markets shrug off tariff talk
The Nasdaq pushed to a fresh record on Monday as markets weighed President Donald Trump’s latest tariff threats and looked ahead to…
Business
US: Wall Street opens mixed as investors digest fresh tariff threats
Street’s main indexes opened mixed on Monday (Jul 14) as investors digested President Donald Trump’s latest tariff threats against the…
Business
Trump's New Tariff Threats Shake Global Markets as EU and Mexico Brace for Impact
Markets in Asia moved narrowly on Monday, as investors weighed the latest developments in the U.S. trade war. US President Donald Trump…
Business
Trump's Tariff Threat Sends World Stock Markets Sliding; Wall Street Hopes for Trade Resolution Before Earnings
Global stock futures tumbled early Friday in Asia as President Donald Trump doubled down on tariff threats against major U.S. trading…
Business
US dollar has best week since February on tariff inflation risks
The US dollar turned in its best weekly performance in more than four months as US President Donald Trump’s latest tariff threats…
Business
US: Stocks edge down from records amid tariff threats
Wall Street stocks retreated from records on Friday (Jul 11) as markets digested US President Donald Trump’s latest tariff threats while…
Business
Levi sees revenue growth offsetting most of tariff impact
Levi Strauss jumped in late trading after raising its revenue outlook, with the maker of 501 jeans expecting sales growth to outweigh the…
Business
US: S&P 500, Nasdaq edge to fresh records despite tariff fog
Wall Street stocks edged higher on Thursday, lifting major indices to records as traders shrugged off worries about US tariffs while…
Business
STI up 0.4% on Thursday as investors stay positive despite tariff uncertainty, split Fed views
Across the broader market, gainers outnumber losers 324 to 175, with about 1.6 billion securities worth S$1.2 billion changing hands The…
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BOJ finds US tariff hit to exports limited for now
The impact on Japan’s output and exports from US tariffs is limited for the time being but many companies are worried about the risk of…