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Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate
Goldman Sachs on Thursday became the latest investment firm to trim its China growth forecast on escalating trade tensions with the U.S.
Published on: April 10, 2025 | Source:
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China consumer prices decline for a second straight month; producer deflation deepens
The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his earlier figure of 104%.
Published on: April 10, 2025 | Source:Luxury firms face tariff hit as recession fears mount
Europe's beloved luxury brands may be largely sheltered from the initial effects of sweeping U.S. tariffs, but the risks of a wider economic downturn spell bad news for the sector.
Published on: April 10, 2025 | Source:Baker Tilly in talks to buy US rival as accounting dealmaking heats up
Acquisition of Moss Adams would make private-equity backed firm the countryβs sixth-largest accountancy
Published on: April 09, 2025 | Source:Asia-Pacific start-ups make progress in stormy weather
The regionβs resilience is delivering growth in an era of great global economic uncertainty
Published on: April 09, 2025 | Source:Collaboration not disruption is key to start-up success in Asia, say academics
South-east Asia should look to Japan and South Korea rather than Silicon Valley, research suggests
Published on: April 09, 2025 | Source:Philippines looks beyond call centres to higher-value outsourcing
Agencies seek to recruit skilled professionals such as software developers or data analysts
Published on: April 09, 2025 | Source:Ecommerce start-up Meesho taps Indiaβs second cities
Social media-driven platform gears up for initial public offering this year
Published on: April 09, 2025 | Source:Uncertainty persists even after Trumpβs βcapitulation to marketsβ, investors say
Goldman Sachs rapidly reverses call for recession after presidentβs U-turn
Published on: April 09, 2025 | Source:Why did Donald Trump buckle?
The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president
Published on: April 09, 2025 | Source:US stocks soar as Donald Trump backs down in global trade war
Washington scraps most tariffs against countries that have not retaliated but increases levies on China
Published on: April 09, 2025 | Source:FirstFT: Wall Street stocks soar as Donald Trump backs down from global trade war
Also in todayβs newsletter, Apple leans on India to help ease Trumpβs China tariffs, and Ukraine says more than 150 Chinese nationals fighting for Russia
Published on: April 09, 2025 | Source:United Airlines, Microchip Technology lead the stocks posting 20%-plus reversals on Trump tariff pause
More than a dozen companies swung more than 20% from their lows to their highs in Wednesday's furious rally.
Published on: April 09, 2025 | Source:Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
Published on: April 09, 2025 | Source:
Trump's morning 'buy' call nets huge returns for those who listened
CNBC calculated how much well-known holdings rallied between when Trump posted and session highs.
Published on: April 09, 2025 | Source:Apple turns to India to help ease Trumpβs China tariffs
iPhone maker is facing one of the biggest threats to its business in years
Published on: April 09, 2025 | Source:Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday's pop
The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the worst of times.
Published on: April 09, 2025 | Source:Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast
Delta said it couldn't reaffirm its 2025 financial guidance.
Published on: April 09, 2025 | Source:10-year Treasury yield falls from highs after auction eases concerns about demand for U.S. debt
U.S. Treasury yields were mostly higher Wednesday as U.S. President Donald Trump's tariff regime continued to rattle markets.
Published on: April 09, 2025 | Source:Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs
Bitcoin spiked on Wednesday afternoon following after President Donald Trump said on social media that he authorized a 90-day pause on tariffs.
Published on: April 09, 2025 | Source:Trumpβs tariff pause brings investors reliefβbut worries remain
Amid market panic, he backs off his most extreme βreciprocalβ tariffs
Published on: April 09, 2025 | Source:Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%
The U.S. stock market, which had suffered since President Trump unveiled his tariff plan, rose sharply after he announced a pause to allow negotiations.
Published on: April 09, 2025 | Source:British Steel prepares to idle one of its two blast furnaces
The move would allow the Chinese-owned steelmaker to prolong production at the remaining furnace at its Scunthorpe site
Published on: April 09, 2025 | Source:Markets calling off Americaβs Greatest Depression
For now, at least!
Published on: April 09, 2025 | Source:Ukraine says more than 150 Chinese nationals fighting for Russia
President Volodymyr Zelenskyy accuses Beijing of doing nothing to stop Moscow enlisting its citizens
Published on: April 09, 2025 | Source:Trump administration threatens to end consultancy contracts after βinsultingβ proposals
Booz Allen Hamilton and Accenture among firms accused of βsleight of handβ in submissions to US government
Published on: April 09, 2025 | Source:Chinese EV giant BYD expands in Europe with premium brand launch
Chinese electric car company BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.
Published on: April 09, 2025 | Source:Keir Starmer shifts focus in US trade talks to cutting 25% tariff on UK cars
PM admits he does not know if Trump can be persuaded to scrap 10 per cent levy on all imports
Published on: April 09, 2025 | Source:Ex-Russian politician found guilty in UK sanctions and money-laundering trial
Former governor of Sevastopol in Russian-annexed Crimea convicted by London jury
Published on: April 09, 2025 | Source:CNBC Daily Open: The humongous 104% tariff on China is live β even Musk seems perturbed
Despite growing consternation and concern expressed by economists and CEOs, Trump administration officials have been stubborn in defending its trade policies.
Published on: April 09, 2025 | Source:Bitcoin stabilises as hopes rise Trump tariffs will renew interest in crypto
Cryptocurrency recovers off lows even as US and China ratchet up trade tensions
Published on: April 09, 2025 | Source:UK and India rush to secure trade deal after Trump tariffs
Long-delayed talks between London and New Delhi given fresh impetus by US taxes on imports
Published on: April 09, 2025 | Source:How Britain misuses its fiscal watchdog
Limited spending buffers and poor support undermine the OBR
Published on: April 09, 2025 | Source:Brent crude dips below $60 per barrel for first time in 4 years
Oil price hit by recession fears as trade war between US and China escalates
Published on: April 09, 2025 | Source:Germanyβs Merz strikes coalition deal with Social Democrats
Christian Democrat leader under pressure as far-right AfD tops poll for first time
Published on: April 09, 2025 | Source: