Tariffs

Trump tariffs push gold even higher; fears yet fully materialised, say market watchers
Trump tariffs push gold even higher; fears yet fully materialised, say market watchers
April 2, 2025
[SINGAPORE] Despite earlier expectations of US President Donald Trump’s reciprocal tariffs, investors were caught off guard by the scale and rationale of his latest move, sparking a rush to...
Bank of Japan’s Ueda says US tariffs could have big impact on global trade
Bank of Japan’s Ueda says US tariffs could have big impact on global trade
April 2, 2025
Ahead of the latest levies, Japan’s authorities have been rushing to prepare for potential impacts[TOKYO] Bank of Japan (BOJ) governor Kazuo Ueda said US tariffs could have a significant...
Asia: Markets edge up but uncertainty rules ahead of Trump tariffs
Asia: Markets edge up but uncertainty rules ahead of Trump tariffs
April 2, 2025
[HONG KONG]  Asian markets edged up on Wednesday as nervous investors brace for Donald Trump’s wave of tariffs later in the day, though speculation about what he has in...
Gold prices climb on safe-haven demand ahead of US reciprocal tariffs
Gold prices climb on safe-haven demand ahead of US reciprocal tariffs
April 2, 2025
Investors are also awaiting the automobile tariffs, which will take effect on Apr 3[BENGALURU] Gold prices advanced on Wednesday (Apr 2) as anxious investors flocked to the safe-haven metal,...
Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
April 2, 2025
CHICAGO Federal Reserve Bank President Austan Goolsbee on Tuesday said while the “hard” data show the underlying US economy is solid, the labour market strong, and inflation down from...
China ready to buy more goods from India as US tariffs loom
China ready to buy more goods from India as US tariffs loom
April 1, 2025
[NEW DELHI] China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement expected to hit the...
GM leads first quarter US auto sales as tariffs loom
GM leads first quarter US auto sales as tariffs loom
April 1, 2025
[WASHINGTON] General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President Donald Trump’s incoming tariffs this week.GM...
Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs
Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs
April 1, 2025
[NEW YORK] Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that US President Donald Trump is due to announce on Wednesday, which could intensify a global...
US: Wall Street opens lower as Trump tariffs loom
US: Wall Street opens lower as Trump tariffs loom
April 1, 2025
[NEW YORK] US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of sweeping tariff announcements...
US dollar struggles for direction before Trump’s reciprocal tariffs, awaits data
US dollar struggles for direction before Trump’s reciprocal tariffs, awaits data
April 1, 2025
THE greenback was roughly unchanged on Tuesday (Apr 1) as investors braced for reciprocal tariffs that US President Donald Trump is due to announce.Markets will monitor the US Job...