Showing 1 - 10 of 63
Trump shocks markets by touting US-Steel-Nippon deal
Published on 24/05/2025
» US President Donald Trump has announced a partnership between United States Steel Corp and Nippon Steel Corp of Japan, shocking markets with an agreement the he said would keep the once-iconic American firm in the US but otherwise providing no specifics.
US tariff clock ticking for dozens of countries
Published on 23/05/2025
» Halfway through US President Donald Trump’s 90-day freeze on his so-called reciprocal tariffs, a persistent gripe from businesses, consumers and governments facing them is severe uncertainty. The next 45 days may not provide much relief from the fog.
Asian markets stage mild rebound but Trump tariff uncertainty reigns
AFP, Published on 08/04/2025
» HONG KONG - Asian markets battled Tuesday to recover from the previous day's tariff-fuelled collapse, though Donald Trump's warning of more measures against China and Beijing's vow to fight "to the end" raised concerns the trade war could worsen.
Trump unveils plans for 25% tariffs on steel, aluminum imports
Published on 10/02/2025
» US President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminum into the United States, broadening his trade salvo and threatening ties with some of the country’s top trading partners.
Japan FM in South Korea for talks before Trump takes office
AFP, Published on 13/01/2025
» SEOUL - Japan's foreign minister held talks in South Korea with top officials Monday as the Asian neighbours seek to strengthen ties before the inauguration of US President-elect Donald Trump.
Caution takes hold ahead of US jobs data
Business, Published on 11/01/2025
» RECAP: Asian equities mostly fell on Friday as caution took hold in global markets ahead of the release of US jobs data that will help shape the outlook for Federal Reserve interest rates.
US Steel and Nippon Steel sue over Biden's decision to block merger
AFP, Published on 07/01/2025
» NEW YORK - Nippon Steel and US Steel filed suit Monday over United States President Joe Biden's decision to block the Japanese giant's proposed acquisition of its American rival, accusing his administration of "illegal interference" in the huge transaction.
Asian equities revive after slow start to 2025
Business, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
Biden blocks Japanese takeover of US Steel
Published on 03/01/2025
» WASHINGTON - US President Joe Biden on Friday followed through on his pledge to block Nippon Steel’s $14.9-billion bid for US Steel, citing concerns that the deal could hurt national security.
Regional shares rise in thin year-end trading
Business, Published on 28/12/2024
» RECAP: Asian stocks nudged higher on Friday while the dollar was firm, keeping the yen rooted near five-month lows in thin year-end trading. China's plans for massive bond issuance in 2025 also bolstered investor sentiment.