Article content (Bloomberg) — Gold held near the highest since October as traders weighed President Donald Trump’s latest tariff threat against Europe, along with his vow to push for more interest-rate cuts. Article content Bullion was trading near $2,754 an ounce and was on track for a weekly advance of about 2%, supported by haven […]
Breadcrumb Trail Links PMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides. Author of the article: […]
Article content (Bloomberg) — Alcoa Corp., the largest US aluminum producer, warned that a threatened 25% tariff on imports of the metal from Canada would have a “quieting effect” on American consumption, despite otherwise strong demand expected in everything from packaging to electrical needs. Article content The Pittsburgh-based producer said it expects 2025 to have […]
Breadcrumb Trail Links PMN Business Bond traders are unwinding bets on two-year Treasury futures as lingering questions around President Donald Trump’s tariff plans cloud the outlook for inflation. Author of the article: Bloomberg News Edward Bolingbroke Published Jan 22, 2025 • 3 minute read v7vqk}98qqaxobxp4dh1pwh(_media_dl_1.png Bloomberg, CME Article content (Bloomberg) — Bond traders are unwinding […]
Article content (Bloomberg) — US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash American energy development. Article content Trump’s move came as part of a broad assault on executive orders issued by […]
Breadcrumb Trail Links PMN Business South Korea’s early trade data showed weak export growth so far this month, as headwinds grow for the trade-reliant economy with political turmoil rumbling on at home and Donald Trump’s return to power clouding the outlook for global commerce. Author of the article: Bloomberg News Sam Kim and Soo-Hyang Choi […]
Article content (Bloomberg) — Oil held a decline as Donald Trump vowed to declare a national emergency to unleash domestic energy production and held off unveiling China-specific tariffs on day one of his presidency. Article content West Texas Intermediate for March fell from Friday’s close toward $76 a barrel, while Brent settled near $80. Trump […]
Article content (Bloomberg) — Oil rose ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. Article content Brent traded above $81 a barrel after falling in the past two sessions, while West Texas Intermediate […]
Article content (Bloomberg) — Australia will introduce a new green aluminum production credit to assist aluminum smelters to switch to renewable electricity by 2036, the latest move by the center-left Labor government to bolster investment in domestic manufacturing. Article content Prime Minister Anthony Albanese announced the outlay on Monday, saying it would cost about A$2 […]
Breadcrumb Trail Links PMN Business Asian equities climbed in early Monday trading, tracking US peers following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. Author of the article: Bloomberg News Catherine Bosley and Matthew Burgess Published Jan 19, 2025 • Last updated 29 minutes ago • 4 […]