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Clean power offers safety to China investors rattled by tariffs
[ad_1] Investors traditionally turn to utilities during times of market upheaval thanks to their relatively stable revenue sources[NEW YORK] China’s clean power generators are emerging as a safe haven for...
Clean power offers safety to China investors rattled by tariffs
[ad_1] Investors traditionally turn to utilities during times of market upheaval thanks to their relatively stable revenue sources[NEW YORK] China’s clean power generators are emerging as a safe haven for...
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
[ad_1] [SINGAPORE] Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade war. UOB Kay...
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
[ad_1] [SINGAPORE] The manager of Frasers Centrepoint Trust on Tuesday (Apr 8) announced the launch of a preferential offering at S$2.05 per unit.The issue price represents a 7.4 per cent...
India says ‘no’ to BYD while wooing rival Tesla to invest
[ad_1] With a 100 per cent duty on fully built vehicles – by far the highest among major economies – the country has long shielded domestic players with steep tariffs[DELHI]...
Gold prices recover as trade war tensions lift safe-haven demand
[ad_1] [BENGALURU] Gold prices edged higher on Tuesday (Apr 8) from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the...
Businesses anxious over tariffs, Fed must look at ‘hard data’ in policy response: official
[ad_1] CHICAGO Federal Reserve Bank President Austan Goolsbee said that businesses are anxious about US President Donald Trump’s tariffs but that the central bank would need to look at “hard...
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
[ad_1] [HONG KONG] Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.Container liners such as Cosco Shipping...
PBOC set to reveal hand on yuan as depreciation talk mounts
[ad_1] [NEW YORK] A dramatic escalation in the trade war has brought China to a crossroads, with policymakers set to decide if they should retain a tight grip on the...
Oil prices slide 2% to near 4-year low as US trade conflict fuels recession fears
[ad_1] [NEW YORK] Oil prices slid 2 per cent to a near four-year low on Monday on worries US President Donald Trump’s latest trade tariffs could push economies around the world into...
US: Dow, S&P 500 lower after volatile session; Nasdaq ends positive
[ad_1] [NEW YORK] Wall Street stocks finished mostly lower on Monday following a volatile session amid rising recession worries due to President Donald Trump’s trade wars.Both the Dow and S&P 500 ended...
Tesla shares drop amid auto tariffs and ‘brand crisis’
[ad_1] Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by President Trump’s auto tariffs and...