World
How China used Vietnam to evade higher U.S. tariffs
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]
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Bank of England’s Greene says dollar drop adds to tariff inflation puzzle
Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S. President Donald Trump’s import tariffs would do to UK inflation with the unpredictable behaviour of the dollar adding to the puzzle. Higher barriers to trade were likely to weigh on economic growth in countries in Europe, Greene said during a […]
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As U.S. and Iran look to begin nuclear talks amid fresh sanctions, can there be a deal?
Men walk past a mural depicting the Statue of Liberty with the torch-bearing arm broken, painted on the outer walls of the former US embassy in Tehran, colloquially-referred to as the “Spy Den,” on April 8, 2025. Iran said on April 8 it will send its top diplomat to Oman for breakthrough talks with the […]
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Taiwan holds first tariff talks with United States
The Taiwan Semiconductor Manufacturing Co. (TSMC) building at the Central Taiwan Science Park in Taichung, Taiwan, on Friday, April 8, 2022. Bloomberg | Bloomberg | Getty Images Taiwan officials held their first tariff talks with U.S. officials on Friday, with both sides looking forward to further discussions soon, the island’s government said on Saturday. While […]
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Ex-OpenAI staffers support Musk’s case against startup’s effort to transform into for-profit company
Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images A group of 12 ex-OpenAI staffers, in support of Elon Musk’s lawsuit against the artificial intelligence startup, asked a court’s permission on Friday to share their concerns about the company’s transformation into a for-profit entity. The individuals collectively worked at OpenAI […]
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Earnings season ramps up next week with no certainty for Wall Street on trade
The roller-coaster ride the stock market has been on is unlikely to end next week, with earnings ramping up in an environment where investors, companies and consumers have absolutely no certainty as to what will happen next with trade. Wall Street is about to wrap up one of its wildest weeks of trading ever, that […]
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10-year Treasury yield tops 4.5% after surge this week that’s worrying Wall Street and the White House
The 10-year Treasury yield climbed higher Friday, adding to its steep weekly rise, as dizzying trade moves by President Donald Trump caused investors to dump U.S. assets in favor of other global safe havens. The benchmark 10-year Treasury yield advanced more 10 basis points to 4.495%. It earlier jumped to its highest level since Feb. 13. The 2-year […]
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Trump tariff collection for freight shipments delayed by Customs ‘glitch’
An alert from U.S. Customs and Border Protection on Friday notified users of a glitch in the system that is used to exempt freight from tariffs, including shipments from China that were already on the water at the time of this week’s whipsaw in tariffs policy, and any trade from nations now under the 90-day […]
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Bank of America’s Hartnett says sell into rallies until the S&P 500 falls further
Investors should be selling into market strength until further notice, according to Bank of America’s top market expert. With investors on edge over President Donald Trump’s tariffs and all of their ramifications, the best bet is to wait for policymaker action before putting more money to work, said Michael Hartnett, the bank’s chief investment strategist. […]
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Why are European stocks holding up much better than U.S. equities amid the trade war?
European stock markets are holding up significantly better than their American peers amid the escalating tit-for-tat trade war between the world’s largest economies. While the S & P 500 has fallen nearly 11% year-to-date, European indices have fared considerably better. The STOXX Europe 600 is down just 4.4%, France’s CAC 40 has slipped 4%, Britain’s […]
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