Business
Nikkei ends at two-week high on US tariff relief, chip rally
Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court blocked President Donald…
Tag
tariff
Business
Asia: Equities boosted by US court’s tariff ruling, Nvidia results
Asian stocks rallied with US futures on Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty…
Business
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to…
Business
Europe: Shares gain on defence boost, tariff delay aids sentiment
EUROPEAN shares closed higher on Tuesday with defence stocks boosting the market after US President Donald Trump threatened additional…
Business
US: Stocks jump on easing tariff worries, lower bond yields
Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated…
Business
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
Asian private banking clients sprang into action over the past month, refusing to sit idle when faced with the whiplash in global…
Business
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again…
Business
China solar firms to speed up global push amid tariff truce
Chinese solar companies will continue their expansion into emerging overseas markets during a 90-day tariff truce between the US and China…
Business
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of…
Business
Birkenstock’s Not Worried About Tariffs — Here’s Why
While other brands may be scrambling to figure out how to deal with tariffs, Birkenstock Holding plc has little to worry about on that…
Fashion
Shein to set up huge Vietnam warehouse in US tariff hedge: sources
[HANOI, SHANGHAI] Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told…
Business
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Business
US: Wall St opens lower on fresh tariff threats
Wall Street’s main indexes opened lower on Tuesday, after US President Donald Trump’s latest plans for pharma tariffs further dampened…
Business
StanChart profit beats as lender weighs impact of tariff war
DARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
Adidas holds back on profit upgrade due to tariff uncertainty
German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter…
Fashion
Shein hikes US prices as much as 377% ahead of tariff increases
Fast-fashion giant Shein Group raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in…
Unsorted
China ramps up cash injection as it braces for tariff impact
China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s second-largest economy…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Keppel posts more than 25% jump in Q1 net profit, expects limited direct tariff impact
Keppel’s net profit rose more than 25 per cent for the first quarter ended March, driven by improvements in its real estate and asset…