News
Luxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs
After what HSBC dubbed “greedflation” – substantial price hikes amid euphoric post-pandemic purchasing – European luxury goods are set to…
Tag
loom
Business
US: Wall St tumbles at open as Trump tariffs loom
US stock indexes opened sharply lower on Wednesday (Apr 2) as investors awaited details of US President Donald Trump’s tariffs to assess…
News
China ready to buy more goods from India as US tariffs loom
China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement…
News
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
Business
US: Wall Street opens lower as Trump tariffs loom
US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of…
News
Trump tariffs: Shares slide in Asia as new US import taxes loom
Peter Hoskins Business reporter Stock markets have fallen in Asia after President Donald Trump suggested that new tariffs he is set to…
News
UK car firms urge help as Trump tariffs loom
Faisal Islam & Tom Espiner UK car firms are seeking support from the government as hopes fade a deal can be reached with US President…
News
Euro steady as Trump’s car tariffs loom next week
THE euro was steady, rising off a three-week low earlier on Thursday (Mar 27), with US President Donald Trump’s 25 per cent tariff on…
Business
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that…
News
Oil rises as drone strikes Caspian pump station, while Russia-Ukraine peace talks loom
OIL prices strengthened on Monday (Feb 17) as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from…
Culture
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model…
News
Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers…
News
Trump tariff threats loom over US reliance on Canadian crude oil
What's New President-elect Donald Trump's threats to impose a 25 percent tariff on Canadian goods are sparking fears of higher gas prices…
News
At a Russian airbase in Syria, questions loom over Moscow's place in the country
HMEIMIM AIRBASE, SYRIA — The Sukhoi fighter aircraft punched through the clouds, its growl echoing over Russia’s Hmeimim Airbase on…
News
Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran
Oil prices climbed about 2 per cent on Friday (Dec 13) to settle at a three-week high, on expectations that additional sanctions on Russia…
News
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as…
News
Trump's own unorthodox rise, focus on loyalty loom large as nominees face headwinds
For weeks, President-elect Donald Trump has faced a barrage of criticism over his nomination of Pete Hegseth for Defense secretary.…
Business
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating…
News
Parthenon Marbles loom large as Greek PM holds talks in London
The British and Greek prime ministers held talks Tuesday focused on illegal migration and supporting Ukraine but with a long-running…
News
China air cargo flights soar as Trump return, tariffs loom
THE race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation…
News
Soybean, used cooking oil markets brace for more uncertainty as Trump tariffs loom
Prices may suffer, should Beijing – the world’s largest consumer and importer of soybeans – impose retaliatory taxes UNCERTAINTY reigns…
News
Higher monthly payments loom for many student loan borrowers
President-elect Donald Trump’s victory last week should bring some clarity to Americans with student loans, but probably not in the way…
News
Offshore wind cable makers turn to Europe as Trump risks loom
NEXANS said on Wednesday (Nov 13) it would turn its US-based plant into an export hub if the offshore wind sector was challenged under…
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…