Back-of-the-envelope calculations from economists suggest that the average U.S. tariff rate will be around 22%, last seen in 1910 and higher than the infamous Smoot-Hawley Act of 1930.
Japan Bank Stocks Tumble as Trump's Tariff Plan Raises Uncertainty Over BOJ's Pace of Rate Increases
Bond yields have risen in recent years as the Bank of Japan raised rates gradually on the back of an economic recovery and a return of modest inflation. In March, the BOJ kept its policy rate ...
Chinese liquor giant Kweichow Moutai expects single-digit sales growth in 2025 after reporting in-line net profit growth last year, with economic woes curbing demand in its domestic market. Net profit ...
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