News
US shoppers pay for Trump tariffs on Temu, doubling some prices
Discount Chinese retail app Temu appears to be passing on nearly all of US President Donald Trump’s new import taxes to US consumers, more…
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prices
Business
Thai bonds see rush of inflows on rate-cut bets, gold prices
Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger…
Fashion
Shein hikes US prices as much as 377% ahead of tariff increases
Fast-fashion giant Shein Group raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in…
News
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical…
Business
Energy price cap: Gas and electricity prices predicted to fall in July
Domestic energy prices are forecast to fall in July, reversing three consecutive increases in regulator Ofgem's price cap. The annual bill…
Business
Chinese EV maker Nio’s challenges bleed into its bond prices
A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial…
Business
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news,…
Business
Gold prices bounce back from one-week low on dip buying
Gold rose on Thursday (Apr 24) as investors bought the dip after prices hit one-week lows in the previous session on US President Donald…
Culture
Netflix raises prices in Singapore as analysts remain ‘neutral’ on counter
Netflix has raised its subscription prices in Singapore by S$2 to S$4, effective from Apr 18 (Friday), even as analysts remain neutral on…
News
Oil prices settle up nearly 2% on new Iran sanctions, equities rally
Oil prices settled more than US$1 per barrel higher on Tuesday (Apr 22) as new US sanctions against Iran and rising equity markets helped…
News
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report. “We…
News
Hyundai CEO sees gradual rise in car prices easing tariff shock
Hyundai Motor’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the…
News
Trump signs executive order to lower prescription drug prices
President Trump is aiming to lower drug prices with an executive order he signed Tuesday. Source link
News
Oil prices steady as market considers latest US tariff changes
Oil prices were little changed on Tuesday (Apr 15) as investors digested the latest headlines on US President Donald Trump’s on-again,…
Business
CATL reports 33% jump in net income even as battery prices fall
Chinese battery making giant Contemporary Amperex Technology Co Limited (CATL) reported a 33 per cent jump in first-quarter earnings,…
News
Brent, WTI prices climb more than US$1 on possible Iran crude restriction
Brent and West Texas Intermediate (WTI) crude climbed more than US$1 on Friday (Apr 11) after US Energy Secretary Chris Wright said the US…
News
EU, China will look into setting minimum prices on electric vehicles, EU says
The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles (EVs) instead of tariffs…
Business
Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to the “unprecedented blow”…
Fashion
Oil prices sink to 2021 lows as tariff war fans recession fears
Crude oil prices have plunged to their lowest levels since 2021, when Covid curbs hurt business activity, amid an escalating tariff crisis…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs…
News
Gold prices recover as trade war tensions lift safe-haven demand
Gold prices edged higher on Tuesday (Apr 8) from a near four-week low reached in the previous session, as heightened concerns over the…
Business
Why should I care if share prices fall?
Kevin Peachey Cost of living correspondent The sweeping new tariffs announced by President Donald Trump have triggered ructions across…
Fashion
China LPG buyers’ rush to replace US flows sends prices soaring
Diversions or outright purchases of shipments from other origins will come at a hefty price Chinese liquefied petroleum gas buyers have…
Business
Oil prices extend losses on fears global trade war could slow economy
Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could…