Business
Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities
The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share Mainboard-listed Boustead Singapore’s net profit…
Tag
Tariffs
News
Shoe Firms Get a China Tariff Break — But Trade Policy Still Unclear
firms got a holiday gift from the Trump administration in the form of a one-year hold on any additional China tariffs on imports to the…
Business
Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row Sweden’s Inter Ikea, which…
Business
Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC
Bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure, says deputy…
News
Trump Admits His Precious Tariffs Are Costing Americans
The shock win followed a national trend, as people across the country voted blue on Election Day, securing major wins in New York City,…
Business
Malaysia holds key rate as economy proves resilient to tariffs
Standing pat gives the central bank room to act decisively if conditions worsen next year MALAYSIA kept interest rates unchanged as the…
Business
Investors Cheer Steve Madden’s Brightening Outlook
Steven Madden Ltd. CEO Edward Rosenfeld had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked…
Business
Steven Madden CEO Edward Rosenthal: ‘The Worst is Behind Us’
Steven Madden Ltd. CEO Edward Rosenthal had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked up…
News
Supreme Court justices appear skeptical of Trump’s tariffs
Key Supreme Court conservatives seemed skeptical Wednesday that President Donald Trump has the power to unilaterally impose far-reaching…
News
Trump’s Tariffs Might Have Gone Too Far Even for This Supreme Court
The justices appear to be headed toward the second path. All three of the court’s liberal justices were hostile to the administration’s…
News
As the Supreme Court Takes Up Trump’s Tariffs, What Footwear Firms Should Be Considering, According to Former Commerce Secretary Wilbur Ross
U.S. President Donald Trump‘s tariff powers are before the Supreme Court at a hearing Wednesday, while former Commerce Secretary Wilbur…
News
Supreme Court hears case on Trump’s tariffs. What you need to know
Three lower courts have ruled illegal President Donald Trump’s use of emergency powers to impose worldwide tariffs. Now the Supreme Court,…
Culture
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March…
News
On eve of Supreme Court arguments, Trump says U.S. 'defenseless' without tariffs
President Trump said the Supreme Court hearing Wednesday that will determine whether his tariff program is legal is "life or death" for…
Business
Brooks Running Continues to Rack Up Market Share Gains
Brooks Running said it achieved No. 1 market share at national retail, according to data from Circana. The same data set from its U.S.…
News
Trump’s Cease-Fire with China
It was probably the best that could be expected from the bad options. Source link
News
Four Republicans Switch Sides as Senate Votes to End Trump Tariffs
Only four Republican senators were brave enough to join Democrats—but it was enough for the vote to pass. Source link
Lifestyle
Shoe Supply Chains Could Be Reshaped Again After US-China Trade Deal
U.S. President Donald Trump and China President Xi Jinping both got the trade deal they wanted, and it’s one that could have firms…
News
Senate votes to nullify global tariffs, completing trifecta of measures against Trump's trade policy
The Senate voted Thursday in a largely symbolic move to terminate the emergency powers that President Trump used to impose tariffs on…
Fashion
Nissan forecasts US$1.8 billion annual operating loss as US tariffs weigh
Its outlook for net income for the fiscal year to end-March 2026 remained undetermined Nissan Motor said on Thursday (Oct 30) it expects…
Culture
Trump says strikes deal with China’s Xi on tariffs, rare earth exports
World stock markets from Wall Street to Tokyo have hit record highs in recent days [BUSAN, South Korea] US President Donald Trump said he…
News
47% China tariffs, rare earths, soybeans: What Trump, Xi said about their meeting and what’s next
[BUSAN, South Korea] US President Donald Trump said he had struck a deal to reduce tariffs on China to 47 per cent in exchange for Beijing…
News
Senate votes to nullify Trump tariffs on Canada with four Republicans defying Trump
The Senate voted Wednesday to terminate the emergency powers that President Trump used to impose tariffs on products from Canada, a…
News
Footwear Industry’s Awaiting Trade Deals from China, Brazil
Trump is expected to disclose some trade wins, including a deal with China and maybe even Brazil, ahead of his Supreme Court hearing next…