Foxconn

Foxconn Poised to Navigate Potential U.S. Tariff Impacts with Strategic Global Manufacturing

Foxconn Technology Group, a major player in the global electronics manufacturing industry and a critical supplier for Apple, expressed confidence on Wednesday that it is well-positioned to weather potential tariff changes under the incoming administration of U.S. President-elect Donald Trump....
Asian Stocks

Asian Stocks Falter Amid Tariff Fears as Trump Sets Trade Agenda

Asian markets faced another turbulent session on Wednesday as investors grappled with fears of escalating trade tensions under incoming U.S. President Donald Trump. A day after Trump pledged hefty tariffs on Canada, Mexico, and China, market sentiment was rattled across...
US-China Chip

China Dismisses Trump’s Tariff Threats, Cites Fentanyl Scapegoating as a Distraction

Chinese state media responded critically late Tuesday to U.S. President-elect Donald Trump’s promise to impose additional tariffs on Chinese goods, calling his justification of fentanyl trafficking a diversionary tactic. Trump, set to assume office on January 20, has pledged a...
Asia Stock Markets

Asian Markets Waver as Trump’s Tariff Plans Roil Sentiment; NZ Dollar Rallies

Asian markets were mixed on Wednesday as traders assessed the fallout of former U.S. President Donald Trump’s proposed tariffs and looked ahead to key economic data and policy decisions. The New Zealand dollar surged after the nation’s central bank hinted...
Crude Oil Prices

Oil Prices Steady Amid Ceasefire Agreement and OPEC+ Policy Speculations

Oil prices showed stability in early trading on Wednesday as markets digested the implications of a ceasefire agreement between Israel and Hezbollah. The agreement, brokered by the United States and France, marks a potential end to months of border conflict...
Donald Trump

Donald Trump Announces Key Nominations for Second Term

President-elect Donald Trump on Tuesday announced several high-profile nominations for his second term. Among them were Jamieson Greer as U.S. Trade Representative, Kevin Hassett as Director of the White House National Economic Council, and Vince Haley as Director of the...
US dollar

Dollar Soars, Asian Shares Tumble After Trump Tariff Threats on China, Mexico, and Canada

The global financial markets reacted sharply after President-elect Donald Trump announced his intention to impose additional tariffs on imports from China, Mexico, and Canada. In his latest posts on the Truth Social network, Trump detailed plans for a 10% tariff...
US-China

Trade War Threats Resurface Amid U.S.-China Tensions Over Tariffs and Fentanyl Crisis

As U.S. President-elect Donald Trump escalates his rhetoric against China, threatening to impose an additional 10% tariff on all Chinese imports, the Chinese Embassy in Washington has pushed back, warning that neither nation would emerge victorious from a trade war....
Walmart

Walmart Rolls Back DEI Policies Amid Conservative Activist Pressure

Walmart, the world's largest retailer, has announced significant shifts in its diversity, equity, and inclusion (DEI) policies, following increasing pressure from conservative activists. The retailer confirmed on Monday that it would be making adjustments to its practices, ranging from product...
Donald Trump

Trump’s Tariff Threats Shake Global Markets and Ignite Trade Feud

President-elect Donald Trump reignited trade tensions and stoked economic uncertainty by announcing his intention to impose sweeping tariffs on imports from China, Canada, and Mexico. The proposed measures, shared via Trump’s Truth Social posts on Monday, include an additional 10%...
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