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The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US President Donald…
Local stocks ended lower on Thursday (May 8), as investors kept their eyes on tariff deal negotiations after the US central bank unsurprisingly kept interest rates steady. The benchmark…
Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient domestic demand and a better-than-expected rebound…
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Moller-Maersk, the Danish container giant, lowered its forecast for the global…
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble to shield themselves from US President Donald…
By agreeing to meet with the Trump administration to discuss trade, China is seeking to cast itself as the responsible one in a bruising superpower competition that has roiled the global…
Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US tariffs, an initial sign that US President Donald…
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President Donald Trump’s trade war will further dampen…
Wall Street’s main indexes opened lower on Tuesday, after US President Donald Trump’s latest plans for pharma tariffs further dampened investor sentiment amid subdued corporate…
Britain and India agreed to a trade deal on Tuesday, strengthening economic ties between two of the world’s largest economies amid President Trump’s upheaval of the global trade system.…
Donald Trump‘s confusing — and still not altogether clear — plan for bailing out Hollywood was the subject of many a late night monologue on Monday night, including on “Jimmy Kimmel Live.”…
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American consumers. “Explosive” is how Carol Tomé, UPS’s…
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose as investors await the Federal Reserve’s latest…
The Amazing Race is dunzo. View Entire Post › Source link
Shares of entertainment companies including Disney, Netflix, Warner Bros. Discovery and Paramount Global took a hit Monday as investors assessed Hollywood’s potential exposure to President…
President Trump's proposal to slap a 100% tariff on movies produced outside the U.S. reverberated across Wall Street markets Monday. Source link
President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post Sunday night on his Truth Social platform, Trump said he has authorized the…
Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue rose 12.4…
President Trump said he would impose a 100 percent tariff on movies “produced” outside the United States, proclaiming in a social media post on Sunday that the issue posed a national…
President Trump announced a plan on Sunday night to slap a 100% tariff on foreign-produced films — prompting a slew of questions in Hollywood. Starting with: Huh? Runaway production has…
Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to bolster economic growth against the backdrop of…
President Trump says he will not drop the new tariffs he imposed on China to jump-start trade negotiations. Source link
Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business and awaits regulatory approvals, according to…
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese…
