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European truck shares fall on U.S. electric vehicle rules reversal
March 13 (Reuters) - Shares in European truck makers fell on Thursday, with traders and analysts pointing to the U.S. Environmental Protection Agency's (EPA) decision to start efforts to reverse the Biden administration's vehicle emissions rules.
Thu, Mar 13

IEA sees global oil market surplus for 2025 as demand disappoints
LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said in a monthly oil market report on Thursday, after a downward revision to its 2025 demand growth forecast.
Thu, Mar 13

Dollar dithers, yen gains on BOJ rate hike bets
SINGAPORE, March 13 (Reuters) - The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on U.S. inflation and growth, while the yen ticked higher on favourable domestic conditions for more policy tightening.
Thu, Mar 13

[Reuters Analysis] Commodities tune out of Trump's noise to trade fundamentals: Russell
LAUNCESTON, Australia, March 13 (Reuters) - Dial out the noise and focus on the fundamentals is a tactic that may work best for global commodity markets as they navigate the mounting challenges posed by U.S. President Donald Trump's erratic and inconsistent trade policies.
Thu, Mar 13
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China, Hong Kong shares weighed down by tech stocks
HONG KONG, March 13 (Reuters) - China and Hong Kong shares fell on Thursday, pressured by tech and AI-related firms, although gains in banking and energy stocks helped cushion the broader decline.
Thu, Mar 13

Japanese investors pull out of foreign bonds after European debt selloff
March 13 (Reuters) - Japanese investors sold the highest quantum of foreign bonds in over a month in the week through March 8, turning cautious due to a selloff in Eurozone debt markets triggered by Germany's plans for robust fiscal spending.
Thu, Mar 13

Japan's Nikkei tracks US peers higher, climbs nearly 1%
TOKYO, March 13 (Reuters) - Japan's Nikkei share average rose nearly 1% on Thursday, as gains of U.S. technology stocks lifted sentiment, prompting investors to scoop up heavyweight chip-related shares.The Nikkei .N225 was up 0.96% at 37,173.82 by the midday break, while the broader Topix .TOPX...
Thu, Mar 13

Bank of Korea says wary of FX volatility on trade war risks
SEOUL, March 13 (Reuters) - South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than expected and increase the risk of capital outflows while also raising volatility in the dollar-won market.
Thu, Mar 13

Oil eases on concerns about escalating tariff wars' impact on global economy
TOKYO, March 13 (Reuters) - Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on global economic growth and energy demand outweighed the positive sentiment from a larger-than-expected draw in U.S. gasoline stocks. ...
Thu, Mar 13

JPMorgan holds over 5% stake in mining major Rio Tinto for clients
March 13 (Reuters) - JPMorgan Chase JPM.N holds a 5.36% stake in Australia's mining conglomerate Rio Tinto RIO.AX on behalf of clients, an exchange filing to the local bourse showed on Thursday.
Thu, Mar 13

JPMorgan holds 5% stake in mining major Rio Tinto for clients
March 13 (Reuters) - JPMorgan Chase JPM.N holds a 5.36% stake in Australia's mining conglomerate Rio Tinto RIO.AX for the bank's clients, an exchange filing to the local bourse showed on Thursday.Last week, the Anglo-Australian mining giant completed its $6.7 billion acquisition of the U.S.-...
Thu, Mar 13

US October-February budget deficit hits record $1.147 trillion
WASHINGTON, March 12 (Reuters) - The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earl
Thu, Mar 13

Trump threatens further tariffs as EU, Canada retaliate for those already in place
WASHINGTON, March 12 (Reuters) - Donald Trump threatened on Wednesday to escalate a global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president.
Thu, Mar 13
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TIMELINE-The rise and decline of Intel
March 12 (Reuters) - Semiconductor industry veteran Lip-Bu Tan is set to take the helm at chipmaker Intel INTC.O, inheriting a challenging legacy from his predecessor Pat Gelsinger. Intel, once the undisputed leader in chip manufacturing, has tasked Tan with reclaiming its lost dominance and restori
Thu, Mar 13

Who is new Intel CEO Lip-Bu Tan?
March 12 (Reuters) - Intel INTC.O tapped former board member Lip-Bu Tan as its CEO on Wednesday, as the struggling American chipmaking icon attempts to emerge from one of its bleakest periods.Tan, a respected semiconductor industry veteran who will take the mantle on March 18, had been seen as a CEO...
Thu, Mar 13

Mark Carney to be sworn in as Canada's prime minister on Friday
OTTAWA, March 12 (Reuters) - Mark Carney will be sworn in as Canada's next prime minister on Friday morning, marking the final day of Justin Trudeau's more than nine years in power.
Thu, Mar 13

[Reuters Analysis] Bad news for American beer drinkers as aluminium tariffs kick in: Andy Home
LONDON, March 12 (Reuters) - First some good news for U.S. aluminium buyers. President Donald Trump has backed off from his threat to hit imports of Canadian metal with a huge 50% tariff. Now for the bad news. As of today they will be paying a 25% import tariff, not just for Canadian...
Thu, Mar 13
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EXCLUSIVE-US food giants PepsiCo, Conagra seek to exempt some imports from tariffs, trade group says
NEW YORK, March 12 (Reuters) - Major packaged food makers including Quaker Oats and Folgers coffee asked U.S. President Donald J. Trump for targeted exemptions from tariffs on imports like cocoa and fruit, according to a letter seen by Reuters.
Wed, Mar 12

Oil up 2% on tighter US supplies but tariff concerns loom
Brent, WTI rise 2%US crude stocks rise, fuel inventories fall, EIA saysDollar struggles as global trade tensions ramp upCooling inflation offers temporary reliefOPEC sticks to global oil demand forecastsBy Stephanie Kelly and Arunima Kumar NEW YORK, March 12 (Reuters) - Oil prices rose 2% on Wedn...
Wed, Mar 12

Fed seen resuming interest-rate cuts in June as inflation heads lower
March 12 (Reuters) - Cooler inflation could allow Federal Reserve policymakers to resume interest-rate cuts later this year, with traders betting Tuesday on three quarter-point reductions in the policy rate by the end of 2025, starting in June.
Wed, Mar 12
