CNBC International

CNBC International

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CNBC International
CNBC International
February 10, 2025 at 08:04 AM
*Singapore markets at a high* Singapore’s Straits Times Index hit an all-time high, lifted by shares of their largest bank DBS Group Holdings, which jumped 2.6% and touched a new record. ➡️ https://cnb.cx/4gETmtb *New steel and aluminum tariffs* Trump will announce on Monday additional 25% tariffs on all aluminum and steel imports into the U.S., these will come on top of already existing levies. ➡️ https://cnb.cx/4hHhsVu *China’s mixed price signals* Consumer prices in China spiked a higher-than-expected 0.5% in January on an annual basis, according to authorities on Sunday. However, producer prices dropped 2.3% in January year on year for their 28th straight month of declines. ➡️ https://cnb.cx/4jQKGCY *Inflation in focus this week* The consumer and producer price indexes for January will be especially important to investors because January’s jobs report showed a higher-than-anticipated wage growth. ➡️ https://cnb.cx/42IIsiZ _Get the latest updates: https://bit.ly/CNBCiWhatsApp_
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