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Thursday, April 24, 2025

Asia Market Movers: Japan finance minister Kato told the G7 that US tariffs are highly disappointing

Japan finance minister Kato told the G7 that US tariffs are highly disappointing

Japan finmin Kato: US tariffs, countermeasures are creating uncertainties in financial market told G7 US tariffs are highly disappointing Stressed that free trade regime promotion important Constructi... 

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Nissan has scrapped development of two EVs planned to be produced in Mississippi plant

Nikkei report, via Reuters: Nissan decided to scrap development of two electric vehicle models in the U.S. Nissan scrapped development of two sedan EV models planned to be produced in its Mississippi... 

"Lock it in: RBA to cut 25bps in May" - Westpac forecast for the Reserve Bank of Australia

The Reserve Bank of Australia next meet on May 19- 20 In summary from Australian 'big four' bank Westpac, bolding is mine: Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected t... 

China set to lift sanctions on EU lawmakers in move to revive stalled investment deal

China is preparing to remove sanctions on several Members of the European Parliament (MEPs) as part of efforts to revive its long-stalled investment agreement with the European Union. A spokesperson f... 

UBS says Trump's rate cut demands risk undermining the Fed and stoking further uncertainty

UBS has warned that Trump's renewed calls for lower interest rates risk further eroding confidence in the Federal Reserve's independence — a dynamic markets are increasingly wary of. In a note to clie... 

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Trump admin says the EU fine on Meta and Apple will not be tolerated

A White House statement says that the European Union fine on Meta and Apple is a novel form of economic extortion and will not be tolerated. Apple was fined US$570 million and Meta US$228 million - Eu... 

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