Asia Stocks Slip as New U.S. Tariffs Jolt Sentiment
Pharma and autos lead region-wide declines Asian shares fell after Washington unveiled another round of tariffs, including 100% duties on branded drugs and higher rates on trucks and furniture.
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Economy
Business, markets, trade and the economy of everyday life.
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Ragasa’s Economic Toll: Hong Kong Faces Billions in Losses, Experts Say
Impact on commerce and markets Super Typhoon Ragasa shut much of Hong Kong for two days, with analysts estimating economic losses running into the billions.
Japan Seeks Clarity as U.S. Floats 100% Drug Tariffs; Tokyo Says Caps May Apply
Tariff threat and potential carve-outs Japan signaled it may avoid the harshest impact from a U.S. plan to levy 100% tariffs on branded pharmaceuticals, citing language that could cap duties if production or investment is onshore.
Amazon to Pay $2.5 Billion to Settle FTC Prime Sign-Up Allegations
Record civil penalty and next steps Amazon agreed to pay $2.5 billion to settle U.S. Federal Trade Commission claims that it deceived consumers into enrolling in Prime.
India’s EXIM Bank lifts support for exporters hit by U.S. tariffs
Credit lines and outreach India’s EXIM Bank said it will boost financing for firms hurt by U.S. tariffs while eyeing expansion in Africa.
Asia stocks slip as growth worries rattle markets
Wall Street slide drags region Asian shares fell after a weak U.S. session and softer September PMI data weighed on sentiment.
Asia stocks climb to fresh highs as traders bet on Fed rate cut this week
Rally led by tech and exporters Asian equities pushed higher with Japan and South Korea leading gains as investors priced in a U.S. Federal Reserve rate cut this week.
A Woman’s Guava Purchase: A Mirror of Bangladesh’s Economic Struggles
A Morning in the Market On a bustling Thursday morning in Dhaka, a woman approached a fruit stall to buy guavas.
Google-Apple Deal, Orders Data Sharing with Rivals
In a significant ruling, a US court has said Google will not be forced to sell its Chrome browser or Android operating system.
Kodak Denies Closure Rumors
Kodak has pushed back against viral posts claiming a shutdown after 133 years, saying the SEC “going concern” wording flagged debt timing—not bankruptcy.
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