US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from ...
Tag: Tariffs
EU considers tariffs on Boeing jets
Published Wed, May 7, 2025 · 07:05 PM The European Union intends to propose tariffs on Boeing jets, as it ...
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South CarolinaPublished Wed, May 7, 2025 ...
BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecastsPublished Wed, May 7, 2025 · ...
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman ...
Trump hosts LVMH boss as tariffs threaten luxury goods
Published Wed, May 7, 2025 · 07:58 AM Donald Trump hosted the head of luxury giant LVMH, Bernard Arnault, at ...
Protests Erupt in China as Furious Factory Workers Demand Unpaid Wages as Trump Tariffs Cripple Economy
Furious factory workers in China are protesting over unpaid wages, as President Trump's tariffs on Chinese goods begin to weigh ...
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong ...
Shein, Temu ramp up advertising in UK and France as US tariffs hit
Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April, ...
Citigroup CEO says most business clients can absorb 10% tariffs
Published Tue, May 6, 2025 · 07:00 AM Citigroup CEO Jane Fraser said on Monday most of the bank’s business ...
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