President Donald Trump was poised to impose 25% taxes on imports from Canada and Mexico Tuesday and to double to 20% his levies on Chinese products. All three countries — America’s top trading partners — are threatening retaliation. The United States last year did nearly $2.2 trillion in the trade of goods — exports plus…
Here are the most important news items that investors need to start their trading day: 1. March mayhem 2. Buffett burns tariffs Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Legendary investor Warren Buffett criticized Trump’s tariff plans, saying they will raise costs for consumers…
BEIJING — BEIJING (AP) — China’s annual major political event gets underway this week, bringing together the nation’s top leaders and thousands of provincial leaders to endorse decisions already made by the all-powerful Chinese Communist Party. The meetings and gathering during the National People’s Congress, expected to last for about a week, are still important….
BEIJING — China’s annual major political event gets underway this week, bringing together the nation’s top leaders and thousands of provincial leaders to endorse decisions already made by the all-powerful Chinese Communist Party. The meetings and gathering during the National People’s Congress, expected to last for about a week, are still important. The rubber-stamp parliament…
Over 140 restaurants and 50 hotels in Hong Kong have received Halal-certification or international Muslim tourism accreditation, the Hong Kong Tourism Board (HKTB) said on Monday. So far, 53 hotels, five attractions and exhibition venues have successfully applied for and received the accreditation from “CrescentRating” — an international Muslim tourism certifier, while over 140 local…
BANGKOK (AP) — Asian shares started the week with solid gains after Wall Street closed its dreary February on a brighter note. Upbeat Chinese factory data also lifted sentiment, helping to start trading in March on a strong note. In Hong Kong, Chinese bubble tea chain Mixue Bingcheng’s shares soared 40% after its $444 million…
In This Story After a hectic earnings week and ongoing tariff war, March kicks off with a select group of earnings reports, with a strong focus on the AI and retail sectors. Nvidia’s record earnings reveal just 3 customers make up 30% of revenue Here’s a look at what investors should watch in the days…
BOSTON (AP) — Demonstrators gathered outside Tesla stores across the U.S. Saturday to protest the automaker’s billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. The demonstrations are part of a growing backlash in North America and Europe to Musk’s disruptive role in Washington. Critics of Trump…
Investors could use a break heading into a new month, but there are no shortage of obstacles ahead, including next week’s February jobs report and looming tariff deadlines. Stocks are in a different place at the end of February than at the start. The S & P 500 on Friday ended the month down 2.3%,…
The opening of Hong Kong’s Kai Tak Sports Park on Saturday failed to deliver much of a business boost to nearby restaurants as most of the nearly 34,000 spectators opted to leave the area right after the show ended. Yarus Lau, manager of Western restaurant GoNuts at Kai Tak Mall 2, said business levels were…