On Wednesday, US President Donald Trump unveiled a new trade agreement with Vietnam, marking it as the first Asian nation to secure such a deal with the US. This agreement stipulates a 20% tariff on imports from Vietnam, with a higher 40% tariff imposed on goods transhipped from third countries.Although not…
TripAdvisor shares rallied for a second straight day on Thursday after activist investor Starboard Value was reported to have taken a more than 9% stake in the company, worth about $160 million.The news, first reported by The Wall Street Journal, sent TripAdvisor stock more than 5% higher in premarket trading,…
The signing of the US-Vietnam trade deal pushed caution factor in India, as New Delhi seems to be engaged in some tough negotiations with their Washington counterparts.A successful trade deal with Vietnam is expected to have major benefits for the US, but for India, it only brings more competition, all…
Nike Inc (NYSE: NKE) could receive a $150 million boost from the expected launch of a signature Caitlin Clark shoe in spring 2026 – according to a sneaker industry veteran, Nick DePaula.His remarks arrive shortly after the Trump administration announced a finalised trade agreement with Vietnam that lowered the tariffs…
Asian stock markets presented a mixed picture at Thursday’s open, with Vietnamese equities surging to a more than three-year high as investors reacted to news of a new trade agreement with the United States, announced by President Donald Trump. While this development fueled optimism in some corners, other regional markets,…
European stock markets started Thursday’s session on a positive note, with major indices broadly higher as investors appeared to shake off some of the political uncertainty that had rattled UK markets in the previous session. The focus is now shifting to key US jobs data due for release later today,…
Private student lenders such as SoFi Technologies Inc. could emerge as major beneficiaries of President Donald Trump’s proposed tax legislation, which introduces new limits on how much students and parents can borrow from the federal government. The bill, passed by the Senate and awaiting a vote in the House, is…
Investors across the world look cautious amid major economic movements, especially the uncertainty around the July 9 tariff deadline set by US President Donald Trump.Asian markets traded mixed on Thursday as most of the indices remained flat while investors looked bullish in Japan and South Korea.As the United States House…
The Minerals Council of South Africa has stated that the proposed chrome ore export tax will negatively impact the profitability of miners and result in job losses throughout the sector, according to a Reuters report.South Africa stands out as Africa’s most advanced economy, and it holds a dominant position in…
For the first time since the collapse of Bretton Woods in 1973, the US dollar has fallen more than 10% in a single half-year. The decline is sharp, but not entirely surprising. When a confluence of erratic fiscal policy, rising debt, and institutional uncertainty all come together, something is bound to…