Tariffs
Hertz wins over Ackman in a bet tariffs will boost value of cars
[NEW YORK] Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car company’s turnaround plan...
Boeing jet departs China delivery plant as US tariffs bite
[SEOUL] A Boeing jet that arrived at a completion plant near Shanghai last week appeared to be returning to Seattle, flight tracking data showed on Friday (Apr 18), in...
Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
[WASHINGTON] US President Donald Trump on Thursday (Apr 17) signalled a potential end to the tit-for-tat tariff hikes between the US and China that shocked markets, and that a...
World economy likely to avoid recession despite tariffs, IMF chief says
[WASHINGTON] The global economy is likely to avoid a recession, despite the hit to growth from US President Donald Trump’s tariff rollout, the head of the International Monetary Fund...
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM[SEOUL] Hyundai Motor plans to temporarily suspend production...
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade...
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade...
Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
The online retailers are cutting ad spending on most platforms, according to two digital marketing firms that measure ad spendingPublished Thu, Apr 17, 2025 · 07:47 AM[NEW YORK] Chinese...
