Equities were mostly down in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face “reciprocal” levies.Another week got off to an uncertain start following losses on Wall Street that came in reaction to data showing US consumers increasingly …
Most Asian markets drop as traders weigh Trump’s latest tariff salvo Read More »
Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face “reciprocal” levies.Another week got off to an uncertain start following losses on Wall Street that came in reaction to data showing US consumers increasingly worried …
Asian markets mixed as traders weigh Trump’s latest tariff salvo Read More »
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending.China has struggled to raise consumption and stave off deflation for months as sluggish spending, a property slump and ballooning local government debt all weigh on growth.The consumer price index (CPI), a key measure of inflation, …
China inflation picks up after Lunar New Year spending boost Read More »
From the United States to Thailand, users of the popular Sony PlayStation consoles might encounter “difficulties,” the Japanese group said Saturday, as game players around the world expressed their frustration.”You might have difficulty launching games, apps or network features,” Sony said on its status page. “We’re working to resolve the issue as soon as possible. …
PlayStation outages frustrate users around the world Read More »
US President Donald Trump said Friday that Japan’s Nippon Steel will make a major investment in US Steel, but will no longer attempt to take over the troubled company.Trump, referring to the Japanese car company Nissan but apparently meaning Nippon Steel, said “they’ll be looking at an investment rather than a purchase.”Spokespeople for Nippon Steel …
Trump says Nippon Steel to ‘invest’ in US Steel, not buy it Read More »
US and European shares fell Friday, with a cooler US jobs report and higher inflation expectations capping the end of a volatile week marked by concerns over a trade war.Official data showed the United States added fewer jobs than expected in January while unemployment ticked down.The jobs data missed expectations, but Wall Street’s three main …
US stocks slide on tariff fears, inflation expectations Read More »
The US Postal Service (USPS) said Wednesday it would continue accepting packages from China and Hong Kong, hours after an order to suspend shipments over President Donald Trump’s new tariffs sparked fears of major trade disruptions.Tensions between the US and China have soared in recent days as the world’s two largest economies slapped a volley …
US Postal Service halts China suspension after stoking trade fear Read More »
US and European shares fell Friday, with a cooler US jobs report and higher inflation expectations capping the end of a volatile week marked by concerns over a trade war.Official data showed the United States added fewer jobs than expected in January while unemployment ticked down.The jobs data missed expectations, but Wall Street’s three main …
US stock markets rose but European shares fell Friday as investors digested a cooler US jobs report at the end of a volatile week marked by concerns over a trade war.Official data showed the United States added fewer jobs than expected in January while unemployment ticked down.Wall Street’s three main indexes were up in early …
US stocks rise as investors digest US jobs report Read More »
Global stock markets and the dollar diverged Friday as investors awaited US jobs data for signs of possible cuts to interest rates in the world’s biggest economy.It comes at the end of a volatile week for assets caused by US President Donald Trump’s move to impose tariffs on key trading partners China, Canada and Mexico.“All …
Stock markets, dollar mixed before key US jobs data Read More »
