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French President Emmanuel Macron, at lunch with the Secretary General of Vietnam Communist Party, in the Literature Temple in Hanoi, Vietnam, May 26, 2025.
Chalinee Thirasupa | AFP | Gets the image
French President Emmanuel Macron, who visits Vietnam and the Swedish automaker Volvo Cars, who postpone employees, may not have much in common.
But they, at some level, strategic maneuvers in response to the deployment of US President Donald Trump in 50% tariffs for the European Union that he later detained.
Macron has made a deal with Vietnam for an Asian country to buy 20 planes from European Planemaker Airbus, based on an earlier agreement on a similar amount.
And Volvo Cars dismissal reflects pressure on the company to cut costs. Swedish automaker already pulled out a Chinese car Fully from the American markets from the Trump on Beijing. The company owned by China Geely Holding also withdrawn its financial instructions both 2025 and 2026, citing tariff pressure on the automotive sector.
Thus, while in Brussels it may breathe relief, Trump’s tariff spot will continue to breed the world economy and the trust of investors.
What do you need to know today
Hong Kong Kong listed pop-timing shares
US futures jumped on Monday night State on Trump Delayed 50% tariffs for the European Union. The markets were closed on Monday for the Day of Remembrance. Asia-Pacific markets were mostly traded on Tuesday. Hong Kong Hang the Index Abandoned 0.05% at 14 hours Singapore. Stocks that list Hong Kong Chinese Tea Companies with Bubbles, Mixue jumped by 8%, Search grew by 6.3% and Nauki They rose by 5.5%.
Rocky way forward despite the delayed tariffs on the EU
Investors have encouraged the tariff delay on Trump to the EU, moving US futures and European markets above. However analysts warn not to allow optimism to run without control. Chief Economist Berenberg Holger Schmidding said CNBC that even if a transaction was concluded to reduce import duties with the EU to 20% or 30%, “the EU will have no choice” but impose “significant opposition” against the US.
Consistent growth for China’s industrial income
Industrial profit in China grew by 3% in April. Official data showed on Tuesday, Acceleration with 2.6% growth in March. This means the second month in a row when the profits in large industrial firms increased. Increasing the profit of industrial firms is largely owed to Beijing’s efforts to support the private sector by offsetting some negative consequences from the US.
Vietnam agrees to buy 20 Airbus aircraft
During the state visit of the French President Emmanuel Macron to Vietnam, the first president of France for almost 10 years – both countries signed ONT Agreement on Purchase 20 Airbus A330neo Airbus Airbusvaccines of the French pharmaceutical company Sanfi And cooperate on nuclear energy, Reuters reports, citing the documents he saw.
Volvo proclaims dismissal
Monday in Sweden Automobile Volvo Cars stated that would be cut around 3000 jobsBasically office positions in Sweden as part of a major cost drive. This step goes after a company belonging to China Geely Holding, announced At the end of last month, $ 18 billion ($ 1.89 billion) and a monetary plan.
(Pro) Wisdom Buffet from shareholders
Warren Buffetta left the role of CEO Berkshire Hethai It was the biggest news with the firm’s annual meeting this year. YUN LI CNBC PRO indicates others Naggets of wisdom from oracle amahi Investors may have missed from the meeting, ranging from Buffett’s opinion about their investment to Japanese trade companies.
And finally …
“The idea of putting physical metal in safe jurisdiction, like Singapore, with the parties they can trust is becoming a great tendency nowadays,” says Gregory Gregers, the founder of the reserve.
Alesia Pierdeniko | Bloomberg | Gets the image
Not far from Singapore Airport is a six -storey object covered with anxy and firmly secure. Behind its steel doors are gold and silver bars worth about $ 1.5 billion. In a repository known as a “reserve”, there are scores of private shelters and a storage chamber set out by thousands of safe deposit boxes that reach three -storey.
From the beginning of the year to April, precious metals received an increase in gold and silver stores in the repository from the same period of 2024, said its founder Gregor Gregersen.
“The idea of putting physical metal into safe jurisdiction, like Singapore, with the parties they can trust is becoming a great tendency nowadays,” he said, adding that 90% of new orders go beyond Singapore.
