Tag: nature

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Hong Kong's China Stocks Drop After Trump's Tariffs

Hong Kong-listed Chinese stocks fell after the US imposed a 10% levy on China. Despite initial losses, the decline eased to 1% as trading resumed after the Lunar New Year holiday.

Yen Resists Dollar Onslaught, Rediscovering Haven Appeal

Despite new tariffs imposed by President Trump, the Japanese yen remains resilient against the US dollar, demonstrating its value as a safe haven during times of uncertainty.

JPMorgan Delivers $4 Billion of Gold in Race to Ship Metal to U.S.

JPMorgan set to deliver $4 billion in gold against futures contracts in New York amidst soaring prices and potential import tariffs. The delivery follows fears of tariffs and price disparities between Comex and spot prices, creating arbitrage opportunities.

Japan Factory Activity Slumps to 10-Month Low in January

Japan's factory activity dropped to a 10-month low in January as sluggish demand and low business confidence weighed on the manufacturing sector. The PMI fell to 48.7, below the 50 mark indicating contraction for seven months. New orders declined for the 20th consecutive month, while inflation remained high, impacting manufacturers.

Samsung Electronics Chair Jay Y. Lee Faces Court Ruling on 2015 Merger

Samsung heir Jay Y. Lee faces an appeals court ruling on a $8 billion merger that prosecutors say was designed to boost his control over Samsung.

The Wine Society faces millions in extra costs: 'Complete lack of joined-up thinking' by Government

The UK's oldest wine club, The Wine Society, faces millions in extra costs due to tax increases, prompting a recruitment freeze, investment cuts, and potential price hikes.

New Tariffs Raise Fears of Price Hikes on Consumer Goods

Trump's new tariffs on Canada, Mexico, and China will lead to price increases on consumer goods. Retailers and economists predict companies will pass down increased costs caused by tariffs onto customers. Electronics, groceries, and apparel are among the most likely products to see price increases.

Volkswagen Sues India Over 'Impossibly Enormous' $1.4 Billion Tax Demand

Volkswagen sues Indian authorities over $1.4 billion tax demand, arguing it contradicts import rules and jeopardizes its $1.5 billion investment in India.

EU Plans to Hold E-commerce Platforms Liable for Unsafe Products Sold Online

The EU plans to hold e-commerce platforms like Amazon and Shein liable for dangerous or illegal products sold online, requiring them to provide data before goods arrive and ensure compliance with EU requirements.

Trump Envoy Restores US-Venezuela Ties, Meets Maduro

A U.S. envoy's meeting with Venezuelan President Nicolas Maduro reverses Biden's diplomacy and opens a new chapter for oil markets and migration.