Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings.CATL, which produces more than a third of the EV batteries sold worldwide, filed a 527-page document to the Hong Kong Stock Exchange with offer-related information redacted.It is …
China battery giant CATL starts Hong Kong listing process Read More »
European and Asian markets struggled for direction and gold hit a fresh high Tuesday as traders kept a nervous eye on Donald Trump’s next tariff moves.The US president has lived up to his campaign pledges to resume his hardball trade diplomacy, signing off on steel and aluminium tariffs and warning of more measures to come.While …
US President Donald Trump signed executive orders to impose 25 percent tariffs on steel and aluminum imports from March 12, ramping up a long-promised trade war despite warnings from Europe and China.The European Union swiftly vowed to retaliate with “firm and proportionate countermeasures”.In an executive order released Monday, Trump said: “As of March 12, 2025, …
Trump signs orders for steel, aluminum tariffs to start March 12 Read More »
New Zealand is considering withdrawing its support for an international ban on deep-sea mining, the country’s resources minister told AFP on Tuesday. Resources Minister Shane Jones said opposition to the fledgling industry was rooted in “shrill” environmental alarmism and “luxury beliefs” that ignored the need for economic growth. New Zealand backed a ban on deep-sea mining under …
New Zealand rethinks opposition to deep-sea mining Read More »
Asian markets struggled on Tuesday as traders keep a nervous eye on Donald Trump’s next moves after he signed off on tariffs for steel and aluminium imports and warned of more measures to come.The US president has lived up to his campaign pledges to resume his hardball trade diplomacy to extract concessions on a range …
Asian markets mixed as tariff uncertainty looms large Read More »
Asian markets were mixed Tuesday following the previous day’s global rally as traders keep a nervous eye on Donald Trump’s next moves after he signed off on 25 percent tariffs for steel and alumium imports, having warned of more measures to come.The president has lived up to his campaign pledges to resume his hardball trade …
Asian markets swing as tariff uncertainty looms large Read More »
Global stock markets rose on Monday, as traders largely shrugged off US President Donald Trump’s latest tariffs announcement on steel and aluminum.Trump is set to slap 25-percent tariffs on steel and aluminum imports, part of a broad and gradually unfolding series of White House actions to remake trade.Stocks tumbled last Monday following a weekend Trump …
Global stock markets brush off latest Trump tariffs Read More »
Global stock markets rose on Monday, as traders appeared to shrug off US President Donald Trump’s latest tariffs announcement surrounding levies on steel and aluminium. This was in contrast to a week ago when tariff announcements from Trump sent global equities tumbling.The fact that stock markets are up this time around “could be a sign of …
Global stock markets rose Monday, as traders appeared to shrug off US President Donald Trump’s latest tariffs announcement surrounding levies on steel and aluminium. This was in contrast to a week ago when tariff announcements from Trump sent global equities tumbling.The fact that stock markets are up this time around “could be a sign of tariff …
Global stocks markets push higher despite more Trump tariffs Read More »
European and Asian stock markets rose Monday, as traders appeared to shrug off US President Donald Trump’s latest tariffs announcement surrounding levies on steel and aluminium. This was in contrast to a week ago when tariff announcements from Trump sent global equities tumbling.”The fact that global equity indices are higher at the start of the week, …
