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Asia factory activity shrinks as US tariffs bite, China bucks trend
TOKYO, Sept 1 (Reuters) - U.S. tariffs took a toll on factory activity across Asia, overshadowing a surprisingly upbeat performance in China, private surveys showed on Monday, keeping pressure on policymakers to underpin the region's fragile economic recovery.
Mon, Sep 1
Indian shares rise on upbeat sentiment; IT leads gains on US rate cut hopes
Sept 1 (Reuters) - India's equity benchmarks rose on Monday as better-than-expected domestic economic data encouraged investors, while information technology stocks led gains after data from the U.S. kept alive hopes of a Federal Reserve rate cut in September.
Mon, Sep 1
METALS-Copper extends gains on tighter supply signs, softer dollar
By Lucas Liew Sept 1 (Reuters) - Copper prices rose further on Monday, buoyed by signs of tightening supply and a softer U.S. dollar.Three-month copper on the London Metal Exchange CMCU3 rose 0.24% to $9,926 per metric ton by 0229 GMT
Mon, Sep 1
Japan tech shares drag Nikkei to 3-week low as Advantest dives 9%
By Kevin Buckland TOKYO, Sept 1 (Reuters) - Japan's Nikkei share average slumped to a three-week low on Monday as chip-sector stocks tumbled, taking cues from a technology-led sell-off on Wall Street on Friday.The Nikkei .N225 dropped more than 2% to 41,849.82, as of the midday trading recess...
Mon, Sep 1
[Reuters Breakingviews] Donald Trump is weaker than he looks
By Hugo Dixon LONDON, Sept 1 (Reuters Breakingviews) - It is easy to fall into the trap of thinking that Donald Trump is all-powerful. The U.S. president has embarked on so many fights, and won quite a few of them, that it may seem like resistance is futile.For example, Trump has largely got his
Mon, Sep 1
India and China are partners, not rivals, Modi and Xi say
Xi, Modi discuss expanding trade and investmentModi says atmosphere of 'peace and stability' created on disputed Himalayan border Meeting between Asian rivals comes five days after punishing US tariffs on India take effectXi, Modi seek to present united front against Western pressureBy Lauri...
Mon, Sep 1
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Japan's factory activity shrinks on falling export orders, PMI shows
TOKYO, Sept 1 (Reuters) - Japan's factory activity shrank in August on decreasing orders from overseas, a private sector survey showed on Monday, as the impact of U.S. tariffs began to squeeze the country's export-reliant manufacturing sector.The S&P Global Japan Manufacturing Purchasing...
Mon, Sep 1
US still working on trade deals despite court ruling, USTR says
USTR says trading partners moving ahead with dealsWhite House optimistic on reversing court ruling, Navarro saysExpert says Trump administration could turn to 'backup options'By Jasper Ward and Andrea Shalal WASHINGTON, Aug 31 (Reuters) - The Trump administration is continuing its talks w...
Mon, Sep 1
South Korean negotiators struggle to close gaps with US despite summit, tariff deal
Negotiations slowed despite handshake agreement and summitTariff and defence issues remain unresolved, impacting progress$350 billion investment fund and agriculture market disagreements persistBy Hyunjoo Jin and Joyce Lee SEOUL, Aug 29 (Reuters) - Negotiations ranging from tariffs to defence bet
Mon, Sep 1
Global equity fund inflows ease on worries over Fed independence
Aug 29 (Reuters) - Global equity funds witnessed a dip in demand in the week through August 27 on concerns around the Federal Reserve's independence as President Donald Trump attempted to fire a Federal Reserve governor.
Fri, Aug 29
Traders nudge up bets on Fed rate cuts after inflation data
Aug 29 (Reuters) - Traders of short-term U.S. interest rate futures added slightly to bets the Federal Reserve will start a series of gradual rate cuts next month, after government data showed inflation by the Fed's preferred measure rose 2.6% in July from a year ago.Fed Chair Jerome Powell said...
Fri, Aug 29
Bitcoin miner IREN jumps after Q4 profit beat, Nvidia partner status
Shares of IREN IREN.O up 16.9% before the bell to $26.93 after bitcoin miner swung to qtrly profit and topped Wall Street's expectations
Fri, Aug 29
German unemployment tops three million for first time in a decade
Number of unemployed at 3.02 million in AugustInflation rose more than expected in AugustGerman retail sales fell 1.5% in JulyBy Maria Martinez BERLIN, Aug 29 (Reuters) - The number of unemployed people in Germany has topped three million for the first time in a decade, labour office figures show...
Fri, Aug 29
Long-dated euro zone yields set for biggest monthly jump since March
LONDON, Aug 29 (Reuters) - Euro zone 30-year bond yields were set for their biggest monthly jumps on Friday as long-dated debt remains under pressure across developed economies.Long-dated bonds have repeatedly taken a hit this year as investors remain concerned about the sustainability...
Fri, Aug 29
Oil faces uphill struggle as supply glut worries mount
Aug 29 (Reuters) - Oil prices are unlikely to gain much traction from current levels this year as rising output from top producers adds to the risk of a surplus and U.S. tariff threats curb demand growth, a Reuters poll showed on Friday.
Fri, Aug 29
British bank shares slide on fears of new tax
LONDON, Aug 29 (Reuters) - British bank shares fell sharply on Friday after a think-tank called for a new levy on lenders and a newspaper report said industry figures were worried the government was planning to raise cash by targeting the sector.
Fri, Aug 29
Marvell sinks as weak data center outlook stokes AI chip worries
Aug 29 (Reuters) - Shares of Marvell Technology slumped 11.3% in premarket trading on Friday as the chipmaker's data center demand outlook fell short of lofty expectations after investors bet big on custom chips that power AI workloads for cloud giants such as Microsoft MSFT.O and Amazon AMZN.O....
Fri, Aug 29
Novo Nordisk woes prompt Denmark to slash country's 2025 growth forecast
Aug 29 (Reuters) - Denmark has cut its 2025 economic growth forecast to 1.4% from 3%, citing weaker prospects for pharmaceutical giant Novo Nordisk NOVOb.CO and tariffs on Danish goods exported to the U.S., the country's economy ministry said on Friday.
Fri, Aug 29
Remy Cointreau lifts profit view on US tariffs deal
Remy nudges up 2025-26 forecast for current operating profitReduces estimated hit from US tariffs to 20 million eurosRival Pernod Ricard cut tariff impact estimate on Thursday By Dominique Vidalon and Alessandro Parodi Aug 29 (Reuters) - French spirits maker Remy Cointreau RCOP.PA raised its annu...
Fri, Aug 29
Long-dated euro zone yields set for biggest monthly jump since March
LONDON, Aug 29 (Reuters) - Euro zone 30-year bond yields were set for their biggest monthly jumps on Friday as long-dated debt remains under pressure across developed economies.
Fri, Aug 29
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