Asian car and battery makers hit as Trump gets to work
TOKYO/SEOUL (Reuters) – Shares of Japanese automakers and South Korean battery makers were hit on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration’s executive order on electric
Shares jittery, dollar jumps with Trump’s plans for tariffs
By Rae Wee SINGAPORE (Reuters) -Global markets greeted Donald Trump’s presidency with apprehension on Tuesday in moves that were highly sensitive to headlines over the newly sworn-in president’s plans for trade relations and tariffs in particular. U.S. markets were closed for a
Electronic Arts: Stifel lowers PT on concerns over flagship titles
Investing.com– Stifel analysts have lowered their price target for Electronic Arts Inc (NASDAQ:EA), citing reduced expectations for the performance of flagship titles like EA Sports FC 25 and Battlefield, and limited upside potential despite steady long-term prospects. The firm
Japan’s top FX diplomat warns of impact of weak yen on real wages
TOKYO (Reuters) – Japan’s top currency diplomat Atsushi Mimura said on Tuesday a weak yen would push up inflation by boosting import costs, stressing the need to underpin consumption by turning real wages to positive territory. “The outlook of real wage
China’s economy meets official growth target, but many feel worse off
(This Jan.17 story has been republished to fix a formatting error, with no changes to text) BEIJING (Reuters) – China’s economy grew 5% last year, matching the government’s target, but in a lopsided fashion, with many people complaining of worsening living