Funding & Business
Copper Futures in London Drop as Trump Plans 50% Import Tariff
Benchmark copper futures fell in London after US President Donald Trump said he planned to implement a 50% tariff on imports, a move that’s likely to spark further upheaval in global metal markets.
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Political upheaval is driving a split in Southeast Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in Indonesia.
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The first US interest rate cut since President Donald Trump took office for a second term is likely to seize the spotlight in a week that will determine policy settings for half of the world’s 10 most-traded currencies.
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Warner Bros. Discovery Inc.’s junk bonds surged this week, handing big gains to investors that bet on the company when its future looked comparatively bleak. More such opportunities may be coming, according to money managers including Loomis Sayles & Co.
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