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Roughly eight percent of jobs are tied to the auto industry in Japan, which is home to the world's top-selling carmaker Toyota as well as Honda, Nissan and other giants.
6 hours agoInitial news that US President Donald Trump was likely to fire Powell soon sent stocks and the dollar sliding. ...
13 hours agoFor its part, the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on US goods if the two countries fail to reach a trade deal, Italian Foreign Minister Antonio Tajani said on Monday. ...
3 days agoInvestors have become largely inured to Trump's chaotic policy methods and stocks eased only modestly.
3 days agoUS and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining an early rally in regional share markets.
6 days agoAsian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump's tariffs even after he broadened his range of measures.
1 week agoThe PNBP of the mining sector depends on three key factors, which are global coal prices, production volumes and government-set royalty rates.
1 week agoUS Comex copper futures jumped more than 12 percent to a record high after President Donald Trump announced the planned tariffs.
1 week agoWith very few actual trade deals done, analysts had suspected Donald Trump's tariff deadline would be pushed out, though it was still not clear if the new date applied to all trading partners or just some.
1 week agoThe meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above US$80 a barrel.
1 week agoThe dollar retraced some of Thursday's gains with US markets already shut for the week, as traders considered the impact of the sweeping spending bill Trump is about to sign into law.
1 week agoA global shift in coal markets, along with ongoing geopolitical tensions, have left local miners scrambling to realign their strategy to offset shrinking export opportunities by shifting their focus to domestic sales and making inroads into smelting.
2 weeks agoAsia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts.
2 weeks agoTesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes.
3 weeks agoGlobal shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.
3 weeks agoShares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.
3 weeks agoA US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.
3 weeks agoOil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.
3 weeks agoThe Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.
1 month agoOil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.
1 month agoThe fall in new purchases highlighted the sector’s vulnerability to policy shifts as producers and consumers remain in wait-and-see mode over future incentives.
1 month agoThe US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.
1 month agoStocks dived in early Asian trade on Friday, led by a selloff in US futures, while oil prices jumped after Israel conducted a military strike on Iran, sending investors scurrying to safe havens such as gold and the Swiss franc.
1 month agoGlobal stocks and the dollar slipped on Thursday as investors sized up a benign US inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.
1 month agoAutomakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.
1 month agoReal Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities.
1 month agoAsian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump's top advisers saying he expected "a big, strong handshake".
1 month agoThe recent export levy hike on crude palm oil (CPO) and its derivatives may tighten supplies of subsidized cooking oil brand Minyakita.
1 month agoStocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data.
1 month agoUS President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.
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