Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Asia will remain a “beacon of growth opportunities” despite escalating global trade tensions, according to Singapore’s Deputy Prime Minister Gan Kim Yong. “Even…
The Rashtrapati Bhavan is the official home of the president located at the Western end of Rajpath in New Delhi, India. Kriangkrai Thitimakorn | Moment | Getty Images Asia-Pacific markets are set to plunge on Wednesday, after all three benchmarks in Wall Street whipsawed on uncertainty over U.S. President Donald Trump’s tariff plans and fears…
President Donald Trump spoke Tuesday with top CEOs, many of whom have seen the value of their companies slashed as Trump’s tariff-heavy economic policy has raised uncertainty and fueled a market sell-off. Trump attended the quarterly meeting of the Business Roundtable, a nonpartisan Washington-based economic advocacy group comprising more than 200 CEOs. Apple CEO Tim…
Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, Jan. 31, 2025. Carlos Osorio | Reuters Ontario Premier Doug Ford on Tuesday said he was temporarily suspending his province’s planned 25% surcharge on electricity exported to the United States after U.S. Commerce Secretary Howard Lutnick agreed to…
U.S. President Donald Trump gestures as he walks to board Marine One, while departing the White House en route to Florida, in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters SBA, Commerce or Treasury could take student loans Student debt transfer could lead to major disruptions Transferring the loan accounts of tens of…
Ontario Premier Doug Ford said Tuesday that if there is a recession ‘there’s one person to be blamed, and that’s President [Donald] Trump.” “If we go into a recession, it will be called the Trump recession” Ford said in an interview with CNBC’s “Money Movers,” shortly after the U.S. president said that he would raise…
Canadian Prime Minister Justin Trudeau tours the galvanizing line at ArcelorMittal Dofasco in Hamilton, Ontario, Canada Feb. 14, 2025. Carlos Osorio | Reuters President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%. The new policy…
A worker pushes a cart outside of Kohl’s store on November 26, 2024 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s posted an earnings and revenue beat for the fourth quarter on Tuesday, but its stock plunged as it issued much worse-than-expected guidance for the year ahead. Shares of the company fell more…
U.S. Treasury yields were little changed on Tuesday as worries over the state of the U.S. economy persisted. At 6:34 a.m. ET, the benchmark 10-year Treasury yield was flat on the day at 4.219%. The 2-year Treasury yield was up less than a basis point at 3.9% after falling to its lowest level since October. One basis point is equal…
Nissan Motor CEO Makoto Uchida attends a press conference on February 13, 2025, in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Nissan CEO Makoto Uchida will step down from his position on April 1, the company said in a release Tuesday. He will be replaced by current Chief Planning Officer Ivan Espinosa….
