Breadcrumb Trail Links PMN Business US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Feb 08, 2025 […]
Breadcrumb Trail Links PMN Business Even US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market is too complacent. Author of the article: Bloomberg News Neil Callanan Published Feb 08, 2025 • 6 minute read f9q}60s{(k{3tzxq50g2cyhg_media_dl_1.png S&P Global Article content (Bloomberg) — Even US […]
Breadcrumb Trail Links PMN Business Stranded migrants and a foreign-aid freeze are squeezing Mexican cities that are also anticipating the arrival of deportees Author of the article: Bloomberg News Maya Averbuch Published Feb 08, 2025 • 7 minute read A playroom for children at the migrant shelter, where teachers sent by UNICEF used to come […]
Article content (Bloomberg) — When Canada’s Prime Minister Justin Trudeau told a group of executives that President Donald Trump wasn’t kidding about annexing Canada, he offered one reason: critical minerals. Article content Canada is rich in nearly three dozen critical minerals essential to modern technology and produces more than 60 minerals and metals including nickel, […]
Article content (Bloomberg) — Factories across Asia expanded at a lackluster pace in January as demand cooled, ahead of a trade war that President Donald Trump kicked off on the weekend. Article content The PMI gauge for manufacturing-heavy countries showed tepid activity, according to the S&P Global purchasing managers index that provides a snapshot of […]
Article content (Bloomberg) — Japanese automakers’ shares tumbled after US President Donald Trump pledged to impose tariffs against Canada and Mexico, with investors worried their operations may be upended considering many have factories south of the border from where they send cars into North America. Article content Toyota Motor Corp. shares fell as much as […]
Article content (Bloomberg) — Chinese equities listed in Hong Kong fell as trading resumed after the Lunar New Year holiday, with traders weighing US President Donald Trump’s move to impose a 10% levy on China. Article content The Hang Seng China Enterprises Index dropped as much as 2.2% in early trading, in line with declines […]
Article content (Bloomberg) — The Mexican peso and South African rand were the biggest losers in an emerging-market currency slump after US President Donald Trump imposed tariffs on some of America’s biggest trade partners. Article content The peso slumped to its lowest against the dollar in almost three years, as Mexican President Claudia Sheinbaum pledged […]
Article content (Bloomberg) — The yen withstood the worst of the dollar’s onslaught on Monday after President Donald Trump imposed new tariffs, suggesting that investors still see value in the Japanese currency as a haven in times of turmoil. Article content It advanced as much as 0.3% against the greenback before trading 0.4% lower at […]
Article content (Bloomberg) — Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Finance Minister Katsunobu Kato said. Article content “We need to carefully see how the exchange rate and other factors will be affected and […]