Business
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors…
Tag
Tariffs
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Oil falls 2% from nearly three-week high; focus on tariffs, Russian supply
Oil prices fell 2 per cent on Tuesday, erasing gains from the previous session, as investors watched developments around US tariffs, the…
Business
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…
Business
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year ago Estee Lauder forecast annual profit below…
Business
Estée Lauder’s Sales Decline in Fourth Quarter, Tariffs to Impact Profitability by $100 Million Next Year
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact…
Business
Beware the Return of Inflation | National Review
The surge in the producer price index is not due to tariffs — which should worry the administration. Source link
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The Real Case for Protectionism | National Review
MBD responds to David Bahnsen’s reaction to his critique of free trade. Source link
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Singapore semiconductor firms are exposed to planned US tariffs, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of US semiconductor tariffs.…
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Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast
The automaker says full-year operating profit took a smaller hit from tariffs than initially projected in May Honda Motor reported a 50…
Business
Asia: Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated…
Business
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a…
Business
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Business
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries…
Business
Europe: Shares log biggest daily drop since April after US tariffs hike
European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled…
Business
Asian Markets Tumble After Trump's Tariffs Announcement; Investors Watch US. Jobs Report Closely
Investors felt the jitters as Asian markets dropped on Friday after U.S. President Donald Trump signed an executive order imposing tariffs…
Business
BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
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US tariffs’ direct impact on Singapore ‘contained’, but semiconductors and pharmaceuticals still under threat: analysts
The direct downside impact of US tariffs on Singapore’s economy should be “contained”, but threats from sectoral tariffs against…
Business
Europe: Stocks end at over one-week low; beverage makers hurt by US tariffs
EUROPEAN shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate reports from the…
Business
Shein revenue neared US$10 billion in first quarter before tariffs: sources
Shein Group’s net income rose to over US$400 million and revenue was almost US$10 billion in the first quarter as consumers snapped up the…
Business
BMW profits slump on China woes, US tariffs
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling…
Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
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Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling…
Business
Tariffs hit Inchcape’s Asia-Pacific sales, shares drop 10%
British car distributor Inchcape reported weaker first-half results on Tuesday (Jul 29) as US tariffs dampened demand for high-end…
Business
Kia aims to win US market share as tariffs force rivals to pull back
South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales…