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A Swiss watch icon navigates Trump's tariff uncertainty
Swatch's US inventory helps with tariffs, CEO saysSwiss president should travel to US to resolve issue - CEOUS generated 18% of company's 2024 sales, analysts sayNew 39% tariff rate to be implemented from ThursdaySwiss government racing to defuse tariff threatBy John Revill ZURICH, Aug 4 ...Reuters
Tue, Aug 5
USD/CHF strengthens to near 0.8100 amid US-Swiss trade tensions
The USD/CHF pair trades in positive territory around 0.8090 during the early European session on Tuesday. The Swiss Franc (CHF) softens against the Greenback after US President Donald Trump hit Switzerland with a shock 39% export tariff.Fxstreet
Tue, Aug 5
India File: Tariff blow unlikely to deter US firms
Aug 5 - By Nidhi C Sai, Editor Online Production, with global Reuters staffTrump's trade punches on India appear to be heavy. A sweeping 25% tariff on key exports from the nation and a threat to "substantially" raise it over its Russian oil purchases look set to upend months of negotiat...Reuters
Tue, Aug 5
China's services activity growth hits 14-month high in July, S&P PMI shows
BEIJING, Aug 5 (Reuters) - China's services activity expanded at its fastest pace in 14 months in July, fuelled by stronger demand, including a rise in new export orders, a private-sector survey showed on Tuesday.The S&P Global China General Services PMI rose to 52.6 in July from 50.6 the pr...Reuters
Tue, Aug 5
