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Capital Brief on MSNUBS downgrades China growth forecast on tariff impactsUBS has followed Citi and Goldman Sachs in downgrading China's growth outlook, predicting that the world's second largest economy will expand 3.4% this year, down from its previous forecast of 4%. The ...
The recovery in private corporate investment in India may face further delays due to weak corporate sentiment triggered by higher U.S. tariffs and the risk of China offloading excess manufacturing ...
The Chinese government is likely to add fiscal stimulus worth up to 2 percentage points of GDP to bolster growth, with a focus on expanding domestic demand and helping businesses and households fend ...
The downgrade doesn’t appear to have had much of an impact as Stellantis stock closed up 5.64% at $9.37 per share. That’s ...
Other global banks have cut their outlook for China in recent days. Read more at straitstimes.com. Read more at straitstimes.com.
UBS AG added to a series of growth downgrades for China with the most pessimistic forecast among major banks, predicting the economy will expand just 3.4% this year as US tariffs choke exports.
After the Trump administration exempted smartphones and semiconductors from tariffs on Friday, the president backtracked and warned no one was "getting off the hook".
UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the United States will remain in place and that Beijing will roll out additional ...
On Tuesday night, the Caps return to UBS Arena to open their final road trip of the 2024-25 regular season, a two-game ...
Crude futures rose in an up-and-down session, with U.S. tariff relief on electronic goods helping to push up prices. WTI settled up 3 cents at $61.53 a barrel, and Brent rose 0.2% to $64.88 a barrel.
The White House's confidence about no 2025 recession is far from a consensus view among Wall Street bigwigs and prominent ...
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