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China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid…
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tariff
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Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands
Now that Donald Trump will be headed to the White House, it is all but certain that he will pursue significant new taxes on imported…
News
Chinese EV makers slip further in Europe amid tariff tussles
CHINESE carmakers’ push into the European electric vehicle (EV) market continued to meet resistance, with their share of deliveries to the…
News
Nissan October production down globally except in Mexico, but Trump tariff threat looms
NISSAN Motor said on Thursday (Nov 28) that its global production fell for a fifth straight month in October, led by downshifts at most of…
News
Gold prices held steady amid growing tariff war fears
GOLD prices were steady on Thursday (Nov 28), as investors digested a flurry of economic data in the previous session and evaluated the…
News
US dollar drops as markets weigh Trump tariff vow, yen hits 5-week high
THE US dollar fell to a one-week low against its major peers on Wednesday (Nov 27) as investors grew cautious about President-elect Donald…
News
Trump's proposed tariffs could bring higher prices for groceries, cars and clothing
Steep price hikes could be on the way if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on…
Business
Singapore stocks edge lower as tariff concerns weigh on investor sentiment; STI down 0.1%
SINGAPORE stocks closed slightly lower on Wednesday (Nov 27), mirroring a mixed performance across other Asian markets as investors…
News
Bluff or existential threat? As Trump vows tariffs on all imports from Canada, Mexico and China, leaders wonder if he's serious
Mexico City — Bluff? Negotiating tactic? Or existential menace? World leaders, economists and investors are struggling over how to view…
Business
US: S&P 500, Nasdaq open higher as investors assess Trump’s tariff threats
THE benchmark S&P 500 and the Nasdaq opened higher on Tuesday (Nov 26), with investors assessing Donald Trump’s tariff pledges on top…
Culture
Nissan falls on report of further production cuts, tariff threat
NISSAN Motor shares fell on Tuesday (Nov 26) after reports the struggling automaker plans to cut production in the US, and President-elect…
Business
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
With China hawks primed for top roles in incoming Trump administration and China’s booming trade surplus, resurgence of protectionist…
News
What can a new President Trump really do on Day One? A guide for the worried
WASHINGTON — President-elect Donald Trump made hundreds of promises during his campaign, including dozens he vowed to implement on “Day…
Business
Europe: Shares log third week of declines on China, tariff jitters
EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures from…
News
Ringgit’s strength versus dollar faces test as US tariff risks loom
MALAYSIA’S ringgit, the only emerging Asian currency to strengthen against the US dollar this year, may see its performance ebb on risks…
News
US farmers back Trump but face pain from China tariff threats
US FARMERS want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to…
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Mexico is bracing for a new Trump presidency after threats of tariffs, deportations, attacks
MEXICO CITY — The election of Donald Trump — whose campaign featured incendiary proposals on tariffs, immigration and combating drug…
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Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech
SAN FRANCISCO — On election night, as Republican Donald Trump inched closer to reclaiming the U.S. presidency, some tech executives and…
News
ECB’s Guindos warns of ‘huge’ impact of Trump tariff plans
THE global economy faces potentially detrimental shocks to growth and inflation if US President-elect Donald Trump implements the kind of…
Fashion
Chinese EV makers see EU sales slump as tariff row deepens
CHINESE electric vehicle (EV) makers lost ground in Europe for a third straight month, in the latest sign that the move towards higher…