Month: April 2025
Vietnam clamps down on fraud on US exports, document shows
A truck at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images Vietnam’s trade ministry has issued a directive to crack down on illegal transshipment of goods to the United States and other trading partners as it tries […]
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LG, Samsung sue Indian government over electronic-waste pricing policy, Reuters reports
Samsung and LG logos are seen in Poland on Nov. 19, 2024. Nurphoto | Nurphoto | Getty Images South Korea’s LG and Samsung have sued India’s government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country’s environmental rules, citing business impact. The lawsuits, set to be heard on Tuesday with other challenges, mark an […]
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As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
U.S. one hundred dollar bills. Nurphoto | Nurphoto | Getty Images The dollar has been sliding and the ripple effect on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys in recent […]
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Dropshippers reel from Trump’s tariff gut punch: ‘Profit margins have now been slashed’
The U.S. tariff rate on Chinese goods now stands at 145%, according to The White House. Spencer Platt | Getty Images News | Getty Images While recent news of United States President Donald Trump’s on-again off-again tariffs has led to wild swings in markets and shaken businesses globally, companies that rely on open trade between […]
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Asia-Pacific markets trade subdued after Trump’s attack on Fed chair sends Wall Street tumbling
Bank of Japan likely to pause rate hikes in May, says Moody’s Analytics The Bank of Japan is likely to pause rate hikes in its May meeting in part due to market uncertainty and softer inflation, said Moody’s Analytics. “The Bank of Japan looks set to hold its fire at its upcoming policy meeting, with […]
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Futures rise after stocks tank on Trump’s latest jab at Fed: Live updates
A trader works on the floor at the New York Stock Exchange on April 21, 2025. Brendan McDermid | Reuters Stock futures rose Monday night following a rough day on Wall Street, as President Donald Trump’s latest criticism of Federal Reserve Chair Jerome Powell drove up uncertainty. Futures tied to the Dow Jones Industrial Average […]
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Stocks making the biggest moves after hours: BOK Financial, Medpace, Zions Bancorporation, MongoDB and more
Check out the companies making headlines in extended trading. BOK Financial — The Oklahoma bank’s shares slid 3% after earnings per share for the first quarter missed Wall Street expectations. BOK earned $1.86 per share, while the consensus estimate of analysts polled by FactSet came in at $1.99 a share. The firm also posted a […]
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The bottom is likely not in — and a retest of the lows is coming, chart analysts say
The stock market has yet to find a bottom in the midst of tariff chaos and challenges to the Federal Reserve’s independence, leaving it susceptible to retesting its recent lows, according to chart analysts. Wall Street is off to another dismal start this trading week. The Dow Jones Industrial Average at one point on Monday […]
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Tesla shares tumble ahead of first-quarter earnings report
SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company’s first-quarter earnings report, as analysts fret over “ongoing brand erosion.” The stock closed […]
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Google says DOJ’s proposal for breakup would harm U.S. in ‘global race with China’
CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images As Google heads back to the courtroom Monday, the company is arguing that the U.S. needs the company in its full form to take on chief adversary […]
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