Thailand faces prolonged, uncertain impact from U.S. tariffs, says central bank chief. Effects expected to become clearer in the second half of the year.
Nippon Steel posted a $2.41B profit, down 36% but above forecasts. It expects $1.38B next year. Its $15B U.S. Steel bid is under review by U.S. authorities.
China's April exports rose 8.1% YoY, beating forecasts, but U.S. exports fell 20% as trade tensions persist. Talks may ease tariffs, but major shifts unlikely.
The Fed held rates steady at 4.25–4.5%, ignoring Trump's push to cut. Powell said decisions are based on data, not politics, amid inflation and job concerns.
U.S. and Russian officials discussed reviving Russian gas sales to Europe, after imports fell post-Ukraine war, causing Gazprom to lose $7B in 2023.
The EU may hit $107B in U.S. goods with tariffs if talks fail, targeting cars, wine, and more, in response to U.S. import duties under Trump's trade policies.
Maersk said U.S.-China container volumes fell 30-40% in April amid trade tensions but kept its profit outlook, aided by higher Red Sea freight rates.
China's central bank lets some banks buy foreign currency for gold imports under raised quotas, aiming to manage gold inflows and dollar demand.
The U.S. is considering a sovereign wealth fund to boost national and economic security, but no final decision has been made, the White House said.
Rapid U.S. trade policy shifts are making official data outdated fast, pushing investors to rely more on anecdotal info for quicker decision-making.
Ford is raising prices up to $2,000 on Mexico-made models like the Mach-E, Maverick, and Bronco Sport after U.S. tariffs, starting May 2.
Renault's €155K electric R5 Turbo 3E drew 850 orders in a week. Limited to 1,980 units, the 555hp EV hits 0–100 km/h in 3.5s, echoing its 1980s rally roots.
U.S. and China to hold key trade talks in Geneva this weekend, boosting hopes of easing tensions; global markets rose on news of the planned meeting.
BMW kept its 2025 outlook but warned U.S. tariffs will hit Q2 results, though some may ease by July. CFO cites rare levels of geopolitical uncertainty.
Japan's service sector grew in April with PMI rising to 52.4 from 50.0 in March, boosted by stronger orders, contrasting continued weakness in manufacturing.
Strong hybrid demand may boost Toyota's earnings, but investors eye U.S. tariffs' impact on future profits as the automaker reports annual results Thursday.
Novo Nordisk cut its 2025 outlook despite Q1 profit beat, citing weak U.S. prescriptions. CEO highlights 18% sales growth and wider GLP-1 treatment reach.
The U.S. trade deficit hit a record $140.5B in March as imports surged ahead of tariffs, dragging Q1 GDP into negative territory for the first time in 3 years.
Ferrari's Q1 core earnings rose 15% on strong demand and richer models, but the company warned U.S. tariffs could impact profitability later this year.
Ford halted its annual outlook, citing $1.5B in costs from Trump's tariffs. CEO says U.S.-based automakers may gain an edge in the changing trade landscape.
IBM aims to boost AI sales with tools to help businesses manage and build AI agents, integrating platforms like Salesforce, Workday, and Adobe, CEO says.
Trump plans 100% tariffs on foreign-made films, calling them a national security threat as he claims U.S. movie industry is dying due to overseas incentives.
Oil prices hit multi-year lows as OPEC+ plans major output hike in June, adding to surplus fears amid weak demand from US-China trade tensions.
At the Milken Conference, Wall St. leaders urged calm despite fears Trump's trade tariffs may slow the economy, hurt U.S. assets, and stall investments.