Stock Rally Loses Steam After Mixed Tariff News: Markets Wrap
  • April 23, 2025

Stock Rally Loses Steam After Mixed Tariff News: Markets Wrap

(Bloomberg) -- A global rally in equities stalled as mixed signals from the Trump administration on its plans for China tariffs dented investors’ appetite for risk.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsStocks in

Singapore's high-yield stocks gain from tariff-induced flight to safety
  • April 23, 2025

Singapore's high-yield stocks gain from tariff-induced flight to safety

(Reuters) -As reverberations from U.S. President Donald Trump's tariffs are felt across markets, investors are increasingly gravitating toward Singapore's high-yield, defensive companies, including telecom firms, pivoting away from old favourites such as banks. Singapore's benchmark index has proved resilient in the face of the back-and-forth tariff salvos, eking out a small gain for the year and faring better than regional peers as investors hunt for safe bets during the market tumult. "Singapore is a high-yield market, which is going to be interesting and defensive in these times," said Kenneth Tang, senior portfolio manager at Nikko Asset Management.

Jefferies’ Wood Says Best Over for US Stocks, Sees More Losses
  • April 23, 2025

Jefferies’ Wood Says Best Over for US Stocks, Sees More Losses

(Bloomberg) -- The US stock market is well past its best days and investors should be prepared to see further declines in the nation’s equities, Treasury bonds as well as the dollar, according to Christopher Wood of Jefferies Financial Group Inc.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo F

Relief rally fizzles out as markets take stock of Trump's U-turns
  • April 23, 2025

Relief rally fizzles out as markets take stock of Trump's U-turns

SINGAPORE (Reuters) -Stocks drifted on Thursday and a rebound in the dollar lost traction as investors tried to sift through the noise from the Trump administration and its fickle stance on tariffs and the Federal Reserve's leadership. Over the last week, U.S. President Donald Trump rained attacks on Fed Chair Jerome Powell then retracted calls for his resignation, and left investors none the wiser on the ultimate state of tariffs on China despite many headlines around it. The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source told Reuters on Wednesday, after a Wall Street Journal report that the White House was considering cutting its tariffs on Chinese imports.