
Trump Eyes High Tariffs to Boost America First Trade Agenda
Jan 28, 2025 08:09 am UTC| Politics Economy
U.S. President Donald Trump reaffirmed his intention to impose universal tariffs on imports, rejecting the Treasurys proposed 2.5% rate. Speaking to reporters, Trump stated, I have it in my mind what its going to be, but I...

Japan Nominates Junko Koeda to Bank of Japan Board
Jan 28, 2025 08:09 am UTC| Central Banks Economy
The Japanese government has nominated Junko Koeda, a political science and economics professor at Waseda University, to join the Bank of Japans (BOJ) nine-member board. Koedas appointment comes at a pivotal time as the BOJ...

Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary
Jan 28, 2025 02:27 am UTC| Economy Politics
Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.5% each...

Japan's Service-Sector Inflation Rises to 2.9% in December, Boosting Rate Hike Expectations
Jan 28, 2025 02:26 am UTC| Economy
Japans service-sector inflation reached 2.9% year-on-year in December, driven by rising costs in accommodation and transportation, according to Bank of Japan (BOJ) data. While slightly lower than Novembers 3.0%, the steady...

Lead vs. Zinc: Divergent Market Trends Amid Supply Shifts
Jan 28, 2025 02:22 am UTC| Business Economy
Lead and zinc, often mined together, have seen contrasting market movements recently. Zinc prices soared to a 20-month high of $3,284 per metric ton in October 2024, driven by tight raw material supplies. Meanwhile, lead...

Global EV Sales to Surge 17% in 2025 Amid Subsidy Extensions and Emission Targets
Jan 28, 2025 02:21 am UTC| Economy Technology Business
Global electric vehicle (EV) sales are expected to grow by over 17% in 2025, surpassing 20 million units, driven by Chinas extension of auto trade-in subsidies and new CO2 emission targets in Europe, according to Rho...

European Stocks Drop Amid Earnings and Policy Meetings
Jan 27, 2025 12:38 pm UTC| Economy Insights & Views
European stock markets opened the week lower as investors braced for a wave of corporate earnings and key central bank meetings. At 03:05 ET (08:05 GMT), Germanys DAX fell 1%, Frances CAC 40 slid 0.2%, and the UKs FTSE 100...