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...
ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump said on Friday that he was open to carving out deals with countries seeking to avoid U.S. tariffs but those agreements would have to be negotiated after his administration announces reciprocal tariffs on April 2. Speaking to reporters aboard Air Force One, Trump also said...
ZURICH (Reuters) – UBS has no plans to leave Switzerland, the bank’s compliance and governance chief Markus Ronner said on Friday amid a debate on how to regulate the country’s biggest lender. This month the head of the Swiss Bankers Association (SBA) said UBS might consider leaving the country if authorities drew up regulations for...
