Oil prices were little changed on Thursday as investors focused on tariffs threatened by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude to the United States. Brent crude futures were down 10 cents at $76.
PM Shigeru Ishiba seeks to reassure Washington of Tokyo’s commitment to the US-Japan alliance and its presence in the region, amid concerns over China’s influence.
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention remained on tariffs threatened by U.S. President Donald Trump on Mexico and Canada,
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.
TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba, struggling to stabilize his minority government, said Friday he will seek to maintain regional security and prepare for tough negotiations with U.S. President Donald Trump to win his commitment to maintain a strong American presence in the Asia-Pacific.
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
Global stocks are mixed as Trump's tariff comments stir uncertainty, impacting Asian markets. European stocks edge higher, buoyed by AI investment news, while U.S. markets show cautious optimism.
Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong markets falling sharply after U.S. President Donald Trump
Oil prices were little changed on Thursday as markets braced for threatened tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States, and awaited a meeting of OPEC+ producers.
Asia Market Update: Nasdaq FUTs supported by SoftBank/OpenAI news; Large-cap tech earnings also in focus; Yen firms ahead of Himino, Fed decision was earlier; Tokyo CPI due on Fri. - SoftBank Group: Said to be in talks to invest up to $25.0B into OpenAI; the investment plan is said to be 'on top of' the Stargate commitment - FT.
TOKYO (AP) — Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
The tariff-threat inspired gains stalled, and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies. Click to read.