TOKYO (Reuters) – Japan Finance Minister Katsunobu Kato said on Monday that he would communicate closely with U.S. Treasury Secretary Scott Bessent on foreign exchange, pointing out that close dialogue is important for market stability. Kato made the comment to parliament when asked how he would communicate with Bessent, as President Donald Trump’s aggressive tariff...
By Ashitha Shivaprasad (Reuters) – Gold prices on Monday soared above $3,100 per ounce for the first time as concerns around U.S. President Donald Trump’s tariffs and the potential economic fallout, combined with geopolitical worries, drove a fresh wave of investments into the safe-haven asset. Spot gold prices hit a record high of $3,106.50 per...
HONG KONG (Reuters) -Shares of CK Hutchison <0001.HK> fell as much as 4.7% on Monday after China state media criticised the Hong Kong conglomerate’s Panama port deal and sources said the deal, which was expected to be signed on April 2, would be delayed. Chinese state media attacked CK Hutchison’s plan to sell its ports...
By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Monday while gold pushed to a fresh all-time peak as traders worried that U.S. President Donald Trump’s tariffs will ignite inflation and crimp economic growth. Markets are nervous ahead of a new round of reciprocal levies that the White House is due to...
WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he “couldn’t care less” if they do. The White House has been preparing to impose new tariffs on a range of consumer goods on...
This week we took a look at Frasers Centrepoint Trust’s (SGX: J69U) latest acquisition of Northpoint City’s South Wing and the selling off of DFI Retail Group’s (SGX: D01) Singapore Food Division to see what the implications are for investors and highlight key things investors should know. Reliable Singapore stocks were also in the spotlight...
US to revoke authorizations to foreign partners of Venezuela’s PDVSA, sources say Marianna Parraga Sat, March 29, 2025 at 9:08 PM UTC 2 min read Venezuela’s PDVSA and Spain’s Repsol agree to revive oil joint venture, in Caracas By Marianna Parraga HOUSTON (Reuters) -The U.S. government has notified foreign partners of Venezuela’s state oil company...
By Patricia Vilas Boas (Reuters) – Brazilian meatpacker JBS announced on Saturday that it will invest US$100 million to build two factories in Vietnam, aiming to expand its presence in Southeast Asia and strengthen its position in the global market. According to a statement from the company, the plants will produce beef, pork and poultry,...
By Amy-Jo Crowley LONDON (Reuters) – ING Groep met with Italy’s Banca Popolare di Sondrio in recent weeks as it seeks to grow in Europe through takeovers, a person with knowledge of the matter said. The early stage discussions were not advanced and may not proceed to an offer by the Dutch bank, the person...
Welcome to this week’s edition of top stock market highlights. Trump’s tariffs It seems that there is never a week that passes where we do not hear about Trump and his ongoing tariff trade war. This time, the US president has declared a 25% tariff on imported vehicles. This new levy will take effect on...
