Tariffs
Singapore shares down on tariffs drag; STI dips 0.2%
SINGAPORE shares closed lower for the third consecutive day on Wednesday (Feb 5), after US President Donald Trump announced tariffs on China – the world’s second-largest economy and a...
China tariffs on US oil come as exports have slumped from peak
THE first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of...
US: Wall St muted at open after China’s retaliatory tariffs
WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against new trade restrictions announced by US...
HK-listed Chinese stocks hit 3-month high despite China, US tariffs
CHINESE stocks listed in Hong Kong surged on Tuesday (Feb 4) as investors loaded up on artificial intelligence and electric vehicle shares while shrugging off news of tit-for-tat Sino-US...
Tariffs could deal US$200 million blow to Guinness-owner Diageo in second half
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani...
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand and uncertainty over US President Donald Trump’s tariffs require...
Tariffs could deal US$200 million blow to Guinness-owner Diageo in second half
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani...
Trump Pauses Tariffs on Canada for a Month as Trudeau Agrees to Billion-Dollar Border Deal after ‘Good Phone Call’ With US President
President Donald Trump and Canadian Prime Minister Justin Trudeau announced a short-term deal on Monday evening to delay the enforcement of 25 percent tariffs on each other's goods for...
Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.1%
SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI) down 3.46 points or 0.1 per...
Trump and Mexican President Agree to Pause Tariffs for One Month as Negotiation Talks Continue With Canada’s Trudeau
President Trump and Mexican President Claudia Sheinbaum announced on Monday a one-month pause of the planned 25% blanket tariff by the U.S., in exchange for Mexico making concessions on...