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Japanese nominal wages have surged to their highest level in almost three decades, supporting the Bank of Japan's decision to raise interest rates.
Published on: February 05, 2025, 02:03 AM UTC
Google Parent Alphabet Beats on Earnings, Misses on Cloud Revenue; China Launches Antitrust Probe
Published on: February 05, 2025, 02:03 AM UTC
US stocks closed higher on Tuesday, driven by tech giants as investors weigh China's rapid retaliation to US President Donald Trump's additional tariffs and assess the potential risks of a trade war.
Published on: February 05, 2025, 02:02 AM UTC
A 10% jump in the cost of purchases that represent less than 2% of GDP shouldn’t upend the US economy. Except that President Donald Trump is imposing this tariff “pain” on American consumers at a time of extraordinary sensitivity to price hikes.
Published on: February 05, 2025, 02:02 AM UTC
Trump's new tariffs on Chinese goods, including a 10% tax on all merchandise and the closure of the de minimis exemption, will significantly impact consumers, online retailers, and manufacturers. The tariffs aim to address concerns over unfair competition from Chinese companies and drug trafficking but will likely increase costs for consumers and businesses.
Published on: February 05, 2025, 02:01 AM UTC
US stock futures were mixed as investors digested corporate earnings reports and the Trump administration's ongoing trade war with China.
Published on: February 05, 2025, 02:01 AM UTC
The US-China trade war's initial impacts on raw materials: LNG, coal, tungsten, and other metals; Beijing's targeted measures focus on areas where it has leverage.
Published on: February 05, 2025, 02:01 AM UTC
Asian stocks rise as traders navigate US-China trade war and earnings from Wall Street's tech giants. Euro Stoxx 50 futures fall.
Published on: February 05, 2025, 02:00 AM UTC
Google parent Alphabet beats earnings expectations but falls short on cloud revenue; company also faces antitrust probe in China and fallout from AI models developed by China-based DeepSeek.
Published on: February 05, 2025, 01:02 AM UTC
AMD beats earnings estimates, but shares fall 3.5% despite a stronger Q1 forecast. Rival Nvidia dominates sales of high-powered AI chips, while AMD battles a slowdown in PC sales.
Published on: February 05, 2025, 01:02 AM UTC