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TOKYO -- Japan's exports rose for the second straight month in January, pushed up by growth in China-bound shipments. The figures followed the recent release of preliminary gross domestic product data that showed the economy fell into a technical recession in the final quarter of 2023.
WASHINGTON -- Donald Trump will likely consider a two-step plan to sharply increase duties on Chinese goods if he is elected president again in November and may threaten Japan and Europe with higher tariffs to force them to open up their markets more to American products.
Malaysia’s central bank has defended the trajectory of the country’s economic growth, after the ringgit sunk to its lowest since the 1997 Asian financial crisis, blaming a strengthening US dollar and uncertainty in China’s economy rather than domestic indicators for the slump.
Shares of cybersecurity company Palo Alto Networks plunged 19% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings.
Amazon will replace Walgreens Boots Alliance in the Dow Jones Industrial Average, according to a Tuesday announcement from S&P Dow Jones Indices, which manages the price-weighted measurement of 30 stocks. Amazon shares moved up 1% in extended trading, and Walgreens stock moved 3% lower.
WASHINGTON -- Donald Trump will likely consider a two-step plan to sharply increase duties on Chinese goods if he is elected president again in November and may threaten Japan and Europe with higher tariffs to force them to open up their markets more to American products.
WASHINGTON -- Donald Trump will likely consider a two-step plan to sharply increase duties on Chinese goods if he is elected president again in November and may threaten Japan and Europe with higher tariffs to force them to open up their markets more to American products.
TOKYO -- Japan's semiconductor equipment makers are enjoying strong demand from China, in part due to trade controls imposed by Washington and to Beijing stepping up efforts to boost the local chip industry.