By Faith Hung, Liang-sa Loh and Emily Chan TAIPEI (Reuters) -Taiwan’s top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump’s new import tariffs, and will take other steps as needed. Taiwan’s Financial Supervisory Commission said in a …
Taiwan announces temporary short-selling curbs after US tariffs Read More »
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s economic growth slowed in the first quarter of the year, data showed on Sunday, ahead of challenges the export-reliant economy will face in coming months from hefty U.S. trade tariffs.The Southeast Asian country’s gross domestic product rose 6.93% in the first three months from the same …
Vietnam GDP growth slowed in first quarter ahead of Trump’s tariffs Read More »
(This April 4 story has been refiled to fix the word order in paragraph 16) LAHNAU, Germany (Reuters) – After 25 years of building industrial equipment in the United States, German engineering firm WIWA faces a dilemma that could completely reshape its transatlantic operations after President Donald Trump implemented sweeping duties on foreign imports. Though …
German engineering firm braces for impact as US tariff wave hits Read More »
By Fergal Smith (Reuters) -Canada’s commodity-linked main stock index ended more than 10% below its January 30 record closing high on Friday, confirming a correction, as China’s move to retaliate against U.S. trade tariffs spooked investors globally. The Toronto Stock Exchange’s S&P/TSX composite index fell 1,142.30 points, or 4.7%, to 23,193.47, its lowest closing level …
TSX confirms correction as it posts biggest decline since March 2020 Read More »
By Anna Hirtenstein and Karl Plume LONDON/CHICAGO (Reuters) -Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump’s aggressive tariffs. Safe-haven gold was down for a second day, swept up in a broader market selloff as …
Oil sinks to pandemic lows; metals, soybeans slump as China retaliates Read More »
NEW YORK (Reuters) – Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic “buy-to-dip” move by retail investors included names such as Nvidia, Amazon and S&P exchange-traded funds, but they sold Tesla. Small-cap technology was one of individuals’ favorite …
Retail investors buy stocks at largest level in 10 years, JPMorgan says Read More »
By Alden Bentley and Matt Tracy NEW YORK (Reuters) -U.S. high-yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as global markets swooned over fears that U.S. President Donald Trump’s plan for import tariffs would kick off a trade war. The options adjusted spread (OAS) on …
US junk bond spreads surge to 17-month high on trade war fears Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s total employment fell and the unemployment rate ticked up in March, data showed on Friday, as the uncertainty around tariffs and their subsequent implementation forced companies to pause hiring and spurred some layoffs. The country shed a net 32,600 jobs last month, the first decrease in more than three …
Canada loses jobs in March for first time since 2022 on tariff uncertainty Read More »
TORONTO (Reuters) -Canada’s total employment fell and the unemployment rate ticked up to 6.7% in March, data showed on Friday, as uncertainty around tariffs and their subsequent implementation took a toll on hiring and spurred some layoffs. Market reaction: [CAD/] Link: COMMENTARY ANDREW GRANTHAM, SENIOR ECONOMIST, CIBC CAPITAL MARKETS “The wheels may be starting to …
By Mei Mei Chu, Ethan Wang, Shi Bu and Xiuhao Chen BEIJING (Reuters) -China on Friday struck back at the U.S tariffs imposed by President Donald Trump with a slew of countermeasures including extra levies of 34% on all U.S. goods and export curbs on some rare earths, deepening the trade war between the world’s …
China strikes back at Trump with own tariffs, export curbs Read More »
