Funding & Business

Trump Unveils Tariffs Ranging From 25% to 40%

Published

10 hours ago

July 7, 2025

President Trump has announced plans to impose higher tariffs on goods from several countries, including Japan, South Korea, Malaysia, and others, with rates ranging from 25% to 40%. Rep. Kathy Cantor, a Democrat from Florida, says she doesn’t know why Trump is imposing tariffs on allies like Japan and South Korea. (Source: Bloomberg)

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Funding & Business

Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

Published

3 hours ago

July 8, 2025

Manuel Baigorri, Vinicy Chan, Pei Li

Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.

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Funding & Business

China’s Huayou Cobalt Sees Record Profit Boosted by Indonesia

Published

3 hours ago

July 8, 2025

Annie Lee

China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.

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Funding & Business

Iron Ore Seesaws as Traders Assess Trump’s Tariff Announcements

Published

4 hours ago

July 8, 2025

Katharine Gemmell

Iron ore fluctuated as US President Donald Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.

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