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Business 10 Mar 2018 | 12:00 AM

Steely decision

PRESIDENT Donald Trump’s decision to impose tariffs on steel and aluminium imports into the United States will have a wider impact than just the industry he is protecting, and comes after the January decision to impose tariffs on solar panels and washing machines. The tariff will take effect 15 days after March 8 when the order was signed.

Business 10 Mar 2018 | 12:00 AM

Stateside news signals the bears

Review: Coming into the trading week, the investment world stood aghast at US President Donald Trump’s latest big policy move to impose high tariffs on steel and aluminium imports.

Business 10 Mar 2018 | 12:00 AM

Steel, aluminium stocks hammered

THE LOCAL equity market was topsy-turvy this week along with world markets amid turmoil in the US over President Donald Trump’s plan to implement tariffs on steel and aluminium imports.

Business 10 Mar 2018 | 12:00 AM

Consumer stocks seen shielded from trade war

CONSUMER stocks would be a good industry to hide in should a global trade war break out.

World 09 Mar 2018 | 9:01 AM

Wall Street laments Cohn leaving White House but no one eager to take his place

NEW YORK (Reuters) - The departure of Gary Cohn as U.S. President Donald Trump's senior economic adviser has Wall Street pondering who would want to leave a well-paying job in the private sector to work in a White House marked by tension, turnover and legal troubles.

Markets 09 Mar 2018 | 4:54 AM

Local index lifts on improved regional sentiment, Nestle forges ahead

KUALA LUMPUR: The local market moved cautiously ahead following positive regional sentiment of the back of a planned meeting between US President Donald Trump and North Korean leader Kim Jong Un to discuss a halt to nuclear testing.

Forex 09 Mar 2018 | 2:29 AM

Ringgit weighed down by possibility of trade war

KUALA LUMPUR: The ringgit opened lower against the US dollar today against a strengthening greenback on the prospect of a full-blown trade war triggered by US President Donald Trump, said a dealer.

Economy 09 Mar 2018 | 1:19 AM

IMF's Lagarde fears tit-for-tat trade war from Trump tariff move

WASHINGTON: International Monetary Fund Managing Director Christine Lagarde said on Thursday that she feared a "tit-for-tat" escalation of trade retaliation over U.S. President Donald Trump's steel and aluminum tariffs that would sap business confidence and investment.

Markets 09 Mar 2018 | 12:37 AM

Asia shares gain as North Korea offers halt on nuclear testing

SYDNEY: Asian stock markets made guarded gains on Friday on news North Korean leader Kim Jong Un had offered to stop nuclear and missile testing and to arrange a meeting with U.S. President Donald Trump.

Business 09 Mar 2018 | 12:00 AM

JPMorgan’s Pinto sees possible 40% equity markets correction

LONDON: JPMorgan Chase & Co executive Daniel Pinto warned equity markets could fall as much as 40% in the next two to three years. That would wipe out recent gains.