Day: July 23, 2025
Trump shifts gears to EU after striking Japan deal
US President Donald Trump speaks to the press at the end of a reception with Republican members of Congress at the White House in Washington, DC on July 22, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump has now set his sights on trade negotiations with the European Union, after announcing a […]
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Dutch semiconductor giant ASMI drops 9% after ‘lumpy’ order intake
ASMI shares sell off after ‘lumpy’ order intake Stock Chart IconStock chart icon ASMI share price Shares of Dutch semiconductor equipment manufacturer ASM International were down 10% by 8:45 a.m. London time (3:45 a.m. ET). The company reported its second-quarter results after the close on Tuesday, with quarterly bookings coming in at a lower-than-expected 702.5 […]
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UniCredit lifts profit guidance, leaving Banco BPM bid behind
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty Images News | Getty Images UniCredit on Wednesday posted a sharp second-quarter profit hike and lifted its full-year guidance, a day after withdrawing its takeover bid for Italian peer Banco BPM amid opposition from Rome. […]
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Singapore inflation remains at over four-year low ahead of monetary policy decision
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s headline inflation rate remained steady at 0.8% in June, staying at its lowest level in over four years. The inflation figure was lower than the 0.9% expected by economists, and comes ahead of […]
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Chinese and EU leaders are about to meet — but the U.S. is complicating things
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State Guest House in Beijing on July 14, 2025. Wang Zhao | Afp | Getty Images […]
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The most powerful passports of 2025: The US and the UK fall, while India rises
Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and […]
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Japan auto stocks soar on report of lower tariffs — Toyota jumps 11%
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Japanese automakers surged after Japanese Prime Minister Shigeru Ishiba said that U.S. auto tariffs were lowered to 15% from the current 25%, Reuters […]
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CNBC Daily Open: The 15% tariff rate on Japan can feel like a relief only because of hefty ones before
U.S. Treasury Secretary Scott Bessent is leading a presidential delegation at a ceremony for U.S. National Day at the World Expo 2025 on July 19, 2025, in Osaka, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images The anchoring effect is one of the sneakiest tools companies use to make us spend money. Here’s […]
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Judges reject Trump’s pick for top New Jersey federal prosecutor, DOJ removes successor
US President Donald Trump looks on as Alina Habba speaks during a swearing in ceremony as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images The U.S. Justice Department accused a panel of New Jersey federal court judges of […]
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Asia-Pacific markets open higher after Trump hails Japan trade deal
Japan equities climb as region starts trading day in the green Japan’s benchmark Nikkei 225 rose 1.71% at the open, while the Topix climbed 1.87% as of 9.09 a.m. Japan time (8.09 p.m. ET Tuesday). South Korea’s Kospi added 0.89% and the small-cap Kosdaq was 0.22% higher. Australia’s S&P/ASX 200 rose 0.34%. —Lee Ying Shan Trump announces ‘massive’ trade […]
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