BUSINESS

Stocks Diverge, Dollar Rallies As Trump Gets To Work

Donald Trump sent shivers through markets as he warned he could hit Canada and Mexico with hefty tariffs as soon as next month
European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy.
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Business

Strain On Australia's Small Businesses: Cash Flow Squeeze And Survival Strategies

For small businesses, success often comes down to balancing many different tasks, like managing customers, employees, and suppliers. Given the economic challenges over the past year, it's no surprise that many Australian SMBs have felt the pressure on their cash flow, according to Rebecca Warren, Executive General Manager of Small Business Banking at CBA.
TikTok has labeled as 'pure fiction' a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk

TikTok Calls Report Of Possible Sale To Musk's X 'Pure Fiction'

TikTok on Tuesday labeled as "pure fiction" a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk as the firm faces an American law requiring imminent Chinese divestment.
The pound has come under pressure against the dollar amid worries about the UK economy

Global Stocks Mostly Fall Before US Jobs Data

Stock markets mostly retreated and the dollar steadied Friday as traders awaited key US jobs data for signals on the health of the world's largest economy and the outlook for interest rates.
A strong US jobs market is helping to put pressure on the Federal Reserve to keep interest rates on hold

Global Stocks Diverge On Renewed US Inflation Fears

Stock markets diverged and the dollar rose Wednesday after data pointed to a robust US economy, further denting hopes of several more cuts to interest rates in the world's biggest economy.
Samsung Electronics said it expected fourth-quarter profits to be sharply down from the previous quarter

Samsung Warns Fourth-quarter Profit To Miss Forecasts

South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.

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