Day: July 10, 2025
CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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Trump names Transportation Secretary Duffy as interim NASA administrator
Transportation Secretary Sean Duffy speaks alongside FAA Acting Administrator Chris Rocheleau during a news conference at the Department of Transportation Headquarters on May 28, 2025 in Washington, DC. Anna Moneymaker | Getty Images U.S. President Donald Trump Wednesday tapped Transportation Secretary Sean Duffy to serve as the interim administrator of NASA, a role that has remained vacant […]
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Bank of Korea expectedly keeps rates steady at an almost three-year low
This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. South Korea’s central bank on Thursday raised its policy rate to curb inflation, delivering six back-to-back rate hikes for the first time. (Photo by Wang Yiliang/Xinhua via Getty Images) Wang Yiliang | Xinhua News Agency | […]
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Trump says 50% tariff on copper will begin Aug. 1
Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images U.S. President Donald Trump said Thursday that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. The decision was made after he […]
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Asia-Pacific markets mixed after Trump slaps 50% tariff on Brazilian imports
Opening calls from sunny Singapore Good morning from Singapore! Asia-Pacific markets are set to open mixed. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28. Futures for Hong Kong’s Hang Seng index stood at 23,863 […]
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