Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
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tariff
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
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Gold nudges higher as focus turns to US tariff negotiations
Keeping gold gains in check, the US dollar and benchmark US 10-year Treasury yields held near multi-week highs Gold prices edged higher on…
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Trump Trade Deal Revealed: Indonesia Shoe Imports to US Will Face 19 Percent Tariff Rate
U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the…
Business
Europe: Shares end lower as Trump’s tariff threats keep markets on edge
EUROPEAN shares ended slightly lower on Monday, with tariff-sensitive auto stocks down after US President Donald Trump’s latest threat to…
Business
US: Nasdaq hits new record as markets shrug off tariff talk
The Nasdaq pushed to a fresh record on Monday as markets weighed President Donald Trump’s latest tariff threats and looked ahead to…
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Mexico, EU Tariff Threats Follow Double-digit Trend: How Shoe Firms Are Responding
Where will the tariff sweep settle? No one knows yet what the way forward will be, but a likely double-digit percent tariff for all…
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Trump tests limits of tariff power as high-stakes court case forges ahead
President Trump's decision to link tariff rates to Brazil's prosecution of ex-leader Jair Bolsonaro is testing the bounds of White House…
Business
US: Wall Street opens mixed as investors digest fresh tariff threats
Street’s main indexes opened mixed on Monday (Jul 14) as investors digested President Donald Trump’s latest tariff threats against the…
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European Union trade chief says 30% tariff would 'prohibit' trade, pursues U.S. deal
The European Union's trade chief said Monday that trade will be "heavily impacted" if President Trump follows through on his threat to…
Business
Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live
Introduction: Bank of England could cut rates faster if jobs market slows, governor says Good morning, and welcome to our rolling coverage…
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US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico
THE euro briefly hit a three-week low on Monday (Jul 14) before partially recovering, while the US dollar held steady in a muted reaction…
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Malaysia tightens export controls on US-origin AI chips amid tariff talks with Washington
Malaysia has announced immediate restrictions on the export, transhipment, and transit of high-performance artificial intelligence (AI)…
News
Trump says EU and Mexico face 30% tariff from August
President Donald Trump has announced that the European Union and Mexico will face a 30% tariff on imports to the US from 1 August. He…
Business
Trump's Tariff Threat Sends World Stock Markets Sliding; Wall Street Hopes for Trade Resolution Before Earnings
Global stock futures tumbled early Friday in Asia as President Donald Trump doubled down on tariff threats against major U.S. trading…
Business
US dollar has best week since February on tariff inflation risks
The US dollar turned in its best weekly performance in more than four months as US President Donald Trump’s latest tariff threats…
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Trump’s 50% copper import tariff said to cover refined metal
President Donald Trump’s promised 50 per cent copper tariffs are set to include all refined metal, indicating the president’s far-reaching…
Business
US: Stocks edge down from records amid tariff threats
Wall Street stocks retreated from records on Friday (Jul 11) as markets digested US President Donald Trump’s latest tariff threats while…
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Delta’s creative tariff dodge: Leave the fancy new jet, bring home the guts
While tariffs threaten to whittle away profits for many businesses, those costs aren’t subtle when they’re tacked onto the price tag of an…
Business
Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The…
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Julia Hahn leaving Treasury Department as tariff battles continue
Senior Treasury Department official Julia Hahn is quitting to pursue a job in the private sector as the agency ramps up its efforts to…
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US: Wall St opens lower amid Trump's fresh tariff salvo on Canada
Wall Street’s main indexes opened lower on Friday (Jul 11) as President Donald Trump cranked up his tariff assault on Canada, deepening…
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Donald Trump Renews Global Trade War With Canada Facing 35% Tariff
President Donald Trump has launched a fresh assault on global trading partners with Canada likely to be among the worst hit. In a letter…
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Trump whacks Canada with a 35% tariff
President Trump said Thursday he will impose a 35% tariff on Canadian goods, a major development in the U.S. trade relationship with its…