Tariffs
Nike’s 30-year gamble on Vietnam is rattled by Trump tariffs
[NEW YORK] At Nike headquarters in Beaverton, Oregon, executives are trying to figure out how to best spread the pain of new tariffs.Nike, the factories that produce its goods,...
Amazon cancels some inventory orders from China after tariffs
[SEATTLE] Amazon.com has cancelled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and sources familiar with the matter, suggesting...
FACT CHECK: Did President Trump Sell $2.3 Billion of His Truth Social Stock Just a Day Before He Announced Tariffs?
Did President Donald Trump sell $2.3 billion worth of his Truth Social stock, just the day before he announced sweeping "Liberation Day" tariffs? Internet is flooded with the claim...
US: Wall Street mixed at open as China raises tariffs on US goods
[NEW YORK] Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against President Donald Trump’s reciprocal...
Japan’s Nikkei down nearly 4% on slowdown fears as US tariffs kick in
[TOKYO] Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns over a potential economic slowdown...
RBI cuts rates, changes stance to ‘accommodative’ as US tariffs add to growth risks
[MUMBAI] The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday (Apr 9) for a second consecutive time and changed its monetary policy stance signalling room...
US office, China-exposed S-Reits feature among top losers in continued sell-off on Trump tariffs
[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...
Trump tariffs: US office, China-exposed S-Reits among top losers in continued sell-off
[SINGAPORE] Almost all Singapore-listed real estate investment trusts, or S-Reits, ended in the red on Wednesday (Apr 9), with US office and China-exposed S-Reits among the top losers. The...
