It was the latest blow to the credibility of the Australian Securities Exchange (ASX). This time, the nation’s stock exchange mixed up two company names in an error that briefly wiped A$400 million off the market value of our third biggest telco, TPG Telecom.
The duties, which the president announced last week, took effect for about 90 countries just after midnight.
The S&P 500 ended the day 0.1 percent lower, a muted move compared to the upheaval when tariffs were first announced in early April.
Goods shipped from the country face a 39 percent tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
The queue for a view at Iguazu Falls in Brazil. Thiago B Trevisan/ShutterstockTourism is not always welcomed by the people who actually live in the places so many of us want to visit.
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.
Hulk Hogan was arguably WWE's biggest star in the 1980s. Wally McNamee/Corbis via Getty ImagesHulk Hogan’s death by heart attack at age 71 came as a shock to many fans of the larger-than-life wrestler who’d earned the nickname “The Immortal.”
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
