China vows to stay 'safe and promising land' for foreign investment

On:

“ECONOMIC BULLYING” The US exported US$144.6 billion in goods to China in 2024, much less than the US$439.7 billion it imported, Commerce Department data shows. Among its exports, key sectors include electrical and electronic equipment and various fuels, alongside oilseed and grains. Beijing’s foreign ministry on Monday condemned what itContinue Reading

Stocks on tenterhooks as uncertainty rules ahead of Trump tariffs

On:

HONG KONG: Asian markets edged up on Wednesday (Apr 2) as nervous investors brace for Donald Trump’s wave of tariffs later in the day, though speculation about what he has in store is stoking uncertainty on trading floors. Equities have been battered leading up to the United States president’s announcement –Continue Reading

Stock markets edge up but Trump tariff fears dampen mood

On:

After a run of big losses across markets, equities staged a mild recovery on Tuesday. Tokyo, which has borne the brunt of the pain owing to hefty selling of car giants including Toyota and Honda, edged up along with Hong Kong, Shanghai, Sydney, Seoul, Taipei, Bangkok, Singapore and Wellington. MumbaiContinue Reading

Gold tops $3,000 for first time on Trump tariff war, stocks rebound

On:

TIMES OF UNCERTAINTY Gold, a haven in times of uncertainty, rose to as much as US$3,004 an ounce before falling back to just under US$3,000. The precious metal was “boosted on increased haven demand amid trade war risks and recent stock market volatility”, said Fawad Razaqzada, an analyst at CityContinue Reading

Tokyo, Seoul stocks drop on US tariffs

On:

TOKYO: Shares in Tokyo and Seoul fell more than 2 per cent in early trade on Monday (Feb 3) in response to US President Donald Trump’s sweeping trade tariffs on Canada, Mexico and China. Tokyo’s benchmark Nikkei index fell 2.70 per cent or 1,067.17 points to 38,505.32, while the broaderContinue Reading