Tariff
Australian, New Zealand dollars stage massive rally after Trump’s tariff reversal
[SYDNEY] The Australian and New Zealand dollars were revived by a historic stock market rebound after US President Donald Trump paused most of his reciprocal tariffs, but worryingly for the...
CEOs brace for recession even after tariff reprieve boosts stocks
[NEW YORK] Donald Trump’s 90-day reprieve on some tariffs sent the stock market soaring on Wednesday (Apr 9). But the chaos sown by the president’s trade war means corporate...
Virgin Australia targets June IPO despite tariff turmoil
[SYDNEY] Bain Capital-controlled airline Virgin Australia is pushing ahead with plans for an initial public offering (IPO) in June, despite the market turmoil caused by US President Donald Trump’s...
Virgin Australia targeting June IPO despite tariff turmoil: sources
[SYDNEY] Bain Capital-controlled airline Virgin Australia is pushing ahead with plans for an initial public offering (IPO) in June, despite the market turmoil caused by US President Donald Trump’s...
US: Wall Street soars on Trump tariff pause with Nasdaq up 12%
WALL Street stocks rocketed to close solidly higher on Wednesday, with dramatic advances on all three major indexes as US President Donald Trump delayed steep new tariffs hours after they took...
Penguins Caught in Trade War! Trump’s Tariff on Empty Islands Sparks Meme Frenzy
Donald Trump's latest round of tariffs has triggered backlash from China and Europe. But now, it's stirring laughs on the internet—thanks to penguins. A remote island group in the...
UOB Kay Hian cuts Sats target price to S$2.89, downgrades it to ‘hold’ on likely tariff impact
[SINGAPORE] Freight handler Sats might be hit by a potential slowdown in globalisation and decline in global trade volume as a result of the United States’ reciprocal tariffs, prompting...
Tariff woes spark S-Reits sell-off on Wednesday
[SINGAPORE] Singapore-listed real estate investment trusts, or S-Reits, slumped on Wednesday (Apr 9) afternoon, with almost all counters in the red. Among the biggest losers were industrial S-Reits. Mapletree...