Indices

Trump tariff on Brazilian goods could jack up US burger price

CHICAGO -U.S. President Donald Trump's plan for a 50% tariff on goods from Brazil will likely raise prices for beef used in American hamburgers, traders and analysts said on Thursday, as food...

Huawei seeks AI chip deals in Middle East, Southeast Asia, Bloomberg News reports

Huawei Technologies is attempting to export small amounts of AI chips to the Middle East and Southeast Asia, as it looks to establish itself in markets dominated by U.S. chip designer Nvidia,...

Brazil stocks slip, real rebounds after Trump's 50% tariff threat

LONDON/NEW YORK -Brazil's stock market was dragged lower by its financial sector on Thursday while the real currency rebounded, a day after U.S. President Donald Trump's shock move to slap 50%...

Japan unlikely to face US pressure to strengthen yen, ex-top FX diplomat says

TOKYO -Japan is unlikely to face pressure from the United States to intentionally strengthen the yen despite President Donald Trump's criticism of its large trade surplus with the U.S., former top...

Trump's tariffs: What's in effect and what could be in store?

WASHINGTON -U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.  Trump has set a baseline tariff of 10%...

US tariffs on South Africa set to hit white farmers Trump has embraced

CITRUSDAL, South Africa -U.S. President Donald Trump's threatened 30% tariff on South African exports is set to deal an economic blow to a community he has vocally and controversially championed:...

Copper glut driven by tariff threat to deflate US price bubble

LONDON -U.S. President Donald Trump's 50% tariff on copper has placed a record premium on prices of the metal in the United States that is likely to ease over the coming months as a stockpile created...

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

LONDON/HOUSTON -Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its...

Tariff volatility drives investors to actively managed funds

Global investors are pivoting towards actively managed equity funds this year as market volatility rises on worries over U.S. tariffs and the stock market rally broadens beyond a few mega-cap tech...

Trump copper tariffs set to spark final scramble to get metal across the border

Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal across the border before U.S. President Donald Trump's higher than expected 50%...

Australia 'urgently seeking' details on Trump drug tariff plan

SYDNEY -Australia is urgently seeking more detail on U.S. President Donald Trump's threat to raise tariffs up to 200% on pharmaceutical imports, Treasurer Jim Chalmers said on Wednesday. ...

Oil steady on strong gasoline demand, Red Sea attacks while Trump tariffs loom

HOUSTON -Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed. Brent crude...

US could collect $300 billion in tariff revenue this year, Treasury chief says

WASHINGTON -Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, and this could grow to $300 billion by the end of 2025 as...

World's top copper producer Chile in wait-and-see mode after Trump tariff bombshell

SANTIAGO -Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the Andean nation...

COMEX copper hits record after Trump says he will impose 50% tariff on copper imports

LONDON -Copper prices in the United States jumped more than 12% to a record high above $12,330 per metric ton after U.S. President Donald Trump said he would announce a 50% tariff on imports of the...

Investors put 'Liberation Day' lessons to work, scarred by tariff tumult

NEW YORK -Three months after President Donald Trump's sweeping global tariffs led markets to plunge and then rebound ferociously, investors are grappling with the fallout from the still-shifting...

European shares rise on energy, healthcare boost; tariff uncertainty lingers

European shares ended higher on Tuesday, boosted by healthcare and energy shares while investors assessed the latest phase of U.S. President Donald Trump's tariff rollouts, which included a new...

Southeast Asia, spooked by Trump tariffs, presses for more talks

BANGKOK/JAKARTA -Southeast Asia's biggest economies prepared on Tuesday to step up trade negotiations with Washington after it hit them with steep tariffs, despite a last-ditch flurry of offers to...

Novartis wins approval for first malaria drug for newborns and babies

ZURICH -Novartis said on Tuesday it had received approval in Switzerland for Coartem Baby, which it said was the first drug to treat malaria in babies and very young children. Eight...