Goldman Sachs and Citi name their favorite stocks picks in Asia-Pacific — and give some serious upside potential.
Source
Wall Street banks name their favorite Asia stocks — and Citi says one could have upside of 167%
World
Asian pharma stocks fall after Trump slaps 100% levies on branded drugs
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, “any branded or patented Pharmaceutical Product” faces 100% duties, except for companies that […]
Read More
World
U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added. He said that […]
Read More
World
Oil giant BP quietly steps out of the takeover spotlight
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images Five months ago, British energy major BP was firmly in the spotlight as a prime takeover candidate. Now, not so much. Shares of the London-listed oil giant have climbed more […]
Read More