China’s retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump’s voter base, analysts say, but remain restrained enough to allow room for the adversaries to hash out a trade deal.Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week …
China tariffs aimed at Trump fan base, but leave wiggle room Read More »
Indonesia approved local certificates for more than a dozen Apple products on Friday, the industry ministry said, moving the tech giant a step closer to having a ban lifted on iPhone sales in Southeast Asia’s biggest economy.Apple struck a deal with Indonesia last month to invest in the country of 280 million after months of …
Apple step closer to seeing end of Indonesia iPhone sales ban Read More »
China’s exports grew slower than expected in the first two months of the year, official data showed Friday, as a deepening trade war with the United States piles on economic malaise.Over a month into his second term as US president, Donald Trump has slapped sweeping tariffs on the export-dependent nation, citing Beijing’s failure to stem …
China’s exports start year slow as US trade war intensifies Read More »
Asian stocks tumbled at the open Friday following a tough day on Wall Street as uncertainty over US President Donald Trump’s trade policies roiled markets and traders awaited key US jobs data.Bitcoin plunged 5.7 percent after Trump signed an executive order to establish a “Strategic Bitcoin Reserve” without planning any public purchases of the cryptocurrency.The …
Asian stocks, bitcoin down as trade uncertainty roils markets Read More »
China’s retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump’s voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say.Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week …
China tariffs aimed at Trump fan base but leave wiggle room Read More »
US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an upcoming wave of countermeasures — offering a reprieve to companies and consumers after blowback on financial markets.Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists warned that blanket levies could …
Trump backs off Mexico, Canada tariffs after market blowback Read More »
Troubled Australian casino operator Star Entertainment said Friday it is trying to sell its stake in a major resort to raise desperately needed cash.Shares in the group, which employs more than 8,000 people, have been suspended from trading since March 3 after it failed to post half-year financial results citing liquidity woes.Star Entertainment is considered …
Australian casino firm scrambles for cash to survive Read More »
Wall Street stocks resumed their downward slide on Thursday amid uncertainty over US President Donald Trump’s shifting trade policy, while European bourses advanced following an ECB interest rate cut.Major US indices spent the entire day in the red, shrugging off Trump’s moves to soften tariff actions.Trump on Thursday unveiled a temporary rollback to steep tariffs …
US and European stocks gyrate on tariffs and growth Read More »
Thu, 06 Mar 2025 11:38:19 GMT
Taiwanese chipmaking giant TSMC’s plan to invest $100 billion in the United States was a “historic moment” for Taiwan-US ties, the island’s President Lai Ching-te said on Thursday. TSMC, which counts Apple and Nvidia among its clients, announced the plan this week after US President Donald Trump threatened to impose tariffs on overseas-made chips.It will take …
Taiwan says TSMC investment ‘historic moment’ for US ties Read More »
