Honda Motor forecasts a significant 59% profit decrease for the current financial year. They also stated they will postpone their plan to establish an EV supply…
Browsing: #GLOBALECONOMY
China’s Commerce Ministry announced on Friday that Beijing is “evaluating” Washington’s offer for talks regarding President Trump’s 145% tariffs. However, the ministry warned the United States…
China accused Washington on Monday of abusing tariffs. It warned countries against striking a broader economic deal with the United States at China’s expense. This escalated…
U.S. Treasuries experienced significant losses on Wednesday. Investors are selling even their safest assets. A global market rout, triggered by U.S. tariffs, is taking a troubling…
China refused to yield to what it termed “blackmail” from the United States. A global trade war ignited by President Donald Trump’s extensive tariffs showed few…
President Donald Trump planned to impose new reciprocal tariffs on global trading partners on Wednesday. This action would disrupt decades of rules-based trade. It would also…
Asian stocks declined on Tuesday. A slide in Chinese tech shares after a strong rally dragged them down. Investors also weighed the potential impact of smaller-than-expected…
Oil prices hit a two-week high on Monday. U.S. stock futures slid, but those in Asia charged higher as investors weighed the contrasting fortunes of the…
The European Central Bank (ECB) is expected to cut interest rates again on Thursday. This will likely be its last easy decision for a while. Trade…
U.S. President Donald Trump imposed a 25% tariff on imports from Mexico and Canada on Tuesday. He also doubled duties on Chinese goods to 20%, triggering…