Trade

US: Wall Street builds on strong weekly showing as trade, inflation jitters ease
US: Wall Street builds on strong weekly showing as trade, inflation jitters ease
Published Fri, May 16, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 16), building on this week’s gains fuelled by a US-China tariff...
Tariff truce spurs Pacific trade rush, boosting global shippers
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
As US, China reach a trade truce, these are the stocks to buy or avoid
As US, China reach a trade truce, these are the stocks to buy or avoid
[SINGAPORE] Markets have experienced wild swings since US President Donald Trump slapped tariffs on the country’s trading partners.Globally, US and other major markets have sold off with investors piling...
Asia: Markets stagger into weekend as trade rally runs out of legs
Asia: Markets stagger into weekend as trade rally runs out of legs
[HONG KONG] Markets limped into the weekend as investors consolidated gains fed by the China-US trade war hiatus, having enjoyed one of their best weeks since Donald Trump unloaded...
HPL jumps almost 10% in heavy trade; SGX RegCo seeks explanation, suggests trading halt if needed
HPL jumps almost 10% in heavy trade; SGX RegCo seeks explanation, suggests trading halt if needed
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday morning (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo).At about...
Gold set for worst week in six months as trade calm dents safe-haven appeal
Gold set for worst week in six months as trade calm dents safe-haven appeal
[BENGALURU] Gold prices eased on Friday (May 16) and were on track for their steepest weekly decline in six months, as a stronger US dollar and waning trade war...
US: Wall St opens lower as trade truce rally fades
US: Wall St opens lower as trade truce rally fades
Published Thu, May 15, 2025 · 09:46 PM[WASHINGTON] Wall Street’s main indexes opened lower on Thursday (May 15) as euphoria from the US-China tariff truce waned, while UnitedHealth’s stock...
China’s investors signal trade truce is no panacea for markets
China’s investors signal trade truce is no panacea for markets
[SINGAPORE] The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal.While Chinese...
Asia: Stocks drop as fresh trade news awaited, oil down on Iran hopes
Asia: Stocks drop as fresh trade news awaited, oil down on Iran hopes
[HONG KONG] Equities stuttered on Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump’s tariff blitz, while oil...
Asia weakness, trade war weigh on Ferragamo revenues, slide continued in April
Asia weakness, trade war weigh on Ferragamo revenues, slide continued in April
[MILAN] Sales at Salvatore Ferragamo fell in April, the Italian luxury goods group said on Wednesday (May 14) as it posted a 1 per cent revenues drop for the...