U.S. tariffs - Page 2

1 month ago

Lululemon Shares Slide on Weak Forecast

Retailer signals cautious outlook amid consumer headwinds Lululemon Athletica saw its stock plummet 13% on Friday after issuing a downbeat full-year forecast, underlining the growing uncertainty facing U.S. apparel retailers. The company

china-manufacturing-expands-amid-trade-war-fears

World

1 month ago

China Manufacturing Expands Amid Trade War Fears

Stimulus boosts PMI but U.S. tariffs cast shadow China’s manufacturing activity expanded at its fastest pace in a year in March, with the official Purchasing Managers’ Index (PMI) rising to 50.5, signaling

China-Plans-Record-Fiscal-Deficit-to-Boost-2025-Growth

Economy·World

5 months ago

China Plans Record Fiscal Deficit to Boost 2025 Growth

Chinese leaders have agreed to raise the budget deficit to 4% of gross domestic product (GDP) in 2025, marking the highest level on record. The move reflects a more proactive fiscal policy

LVMH Faces Setback Amid Declining Sales, Overtaken by Hermès

First-Quarter Sales Drop and Market Impact LVMH shares plunged 7.8% on Tuesday, losing its position as the world’s largest luxury firm to rival Hermès. The sharp drop followed a 3% year-on-year fall

3 weeks ago

Business

China’s Exports Surge Amid U.S. Tariffs, Imports Decline

Exports See Significant Jump in March In a surprising turn, China’s exports soared by 12.4% in March, significantly surpassing economists’ expectations of a 4.4% growth. The surge was driven by businesses frontloading

3 weeks ago

Economy

Oil Prices Plunge to Four-Year Low Amid Escalating Trade War

Trade War Escalates, Oil and Other Commodities Hit Hard Oil prices tumbled to a four-year low as the escalating trade war between the U.S. and China weighed heavily on global energy demand.

4 weeks ago

Economy

Indonesia Central Bank to Intervene as Rupiah Hits Record Low

Bank Indonesia to Act Boldly Amid Global Trade Tensions Indonesia’s central bank, Bank Indonesia (BI), announced its intention to take bold steps to stabilize the rupiah, which has hit a record low

4 weeks ago

Economy

Gold Hits Record Highs as Geopolitical Tensions Fuel Rally

Gold Surges Amid Economic and Political Uncertainty Gold has surged to new all-time highs, breaking through $3,000 an ounce, driven by a combination of geopolitical instability and economic uncertainty. While comparisons are

4 weeks ago

Economy

Silver Prices Drop Amid Tariff Concerns and Recession Fears

Silver Struggles Amid Economic Uncertainty Silver prices fell to over eight-week lows on Friday, as concerns over demand for the industrial precious metal intensified. Fears of a potential recession, exacerbated by U.S.

1 month ago

Markets

Vietnam Pledges Economic Growth Despite U.S. Tariffs

Vietnam’s Commitment to Growth Amid U.S. Tariff Challenges Despite facing a daunting 46% tariff on its exports imposed by the U.S., Vietnam’s Prime Minister, Pham Minh Chinh, has vowed to maintain the

1 month ago

Economy

Boeing CEO Pledges Focus on Safety After 737 MAX Emergency

Ortberg tells Senate: “I’m pressuring the team to do it right” Boeing CEO Kelly Ortberg told the U.S. Senate Commerce Committee on Wednesday that the company is prioritizing safety over speed following

1 month ago

Business

Irish Consumer Confidence Dives on Trade War Fears

Sentiment hits lowest level in nine months amid tariff threats Consumer sentiment in Ireland dropped sharply in March, hitting a nine-month low as concerns mounted over the possible fallout from a U.S.-Europe

1 month ago

Economy

Canada’s Inflation Surges to 2.6% in February

Canada’s annual inflation rate unexpectedly jumped to 2.6% in February, surpassing expectations as the expiration of a sales tax break pushed prices higher, Statistics Canada reported on Tuesday. The surprise inflation increase

2 months ago

Economy