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China's yuan slips amid heightened trade tensions and weak data
SHANGHAI, March 10 (Reuters) - China's yuan slipped on Monday despite a broadly weaker dollar, dragged lower by worries over an escalating global trade war and fresh signs of economic wobbles.Analysts say more proactive government policies would lend support to the yuan, noting that Beijing is...
Mon, Mar 10
Japan's Nikkei bounces off 6-month low as chip shares rally
TOKYO, March 10 (Reuters) - Japan's Nikkei share average rebounded in choppy trade on Monday as major semiconductor-related shares tracked U.S. peers' gains and investors snapped up deals after last week's heavy losses, although quickly changing tariff policies limite...
Mon, Mar 10
US to assess Ukraine's peace stance in Saudi Arabia meeting
U.S. officials to assess if Ukraine willing to make meaningful concessions to RussiaTrump says he expects progress from Saudi Arabia talksZelenskiy says talks should bring peace closer and continued supportRubio, Waltz, Witkoff set to talk with Ukrainians in Jeddah on TuesdayU.S.-Ukraine relations s...
Mon, Mar 10
Mark Carney wins race to replace Trudeau as Canada's prime minister
OTTAWA, March 9 (Reuters) - Former central banker Mark Carney won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday.
Mon, Mar 10
Trump says government shutdown is possible, but expects to avert it
ABOARD AIR FORCE ONE, March 9 (Reuters) - U.S. President Donald Trump said on Sunday that a government shutdown "could happen" if the House of Representatives cannot muster enough votes to pass a temporary funding bill, but he remains optimistic the measure will get approved.
Mon, Mar 10
Trump says US has "just about" ended pause on Ukraine intel sharing
ABOARD AIR FORCE ONE, March 9 (Reuters) - U.S. President Donald Trump said on Sunday that the United States had "just about" ended a suspension of intelligence sharing with Ukraine, and that he expects good results out of upcoming talks with Ukrainian officials in Saudi Arabia.Asked if he wo...
Mon, Mar 10
Shares of South Korean steelmakers drop ahead of US tariffs
SEOUL, March 10 (Reuters) - Shares of South Korean steel manufacturers dropped on Monday, snapping a three-day rally, ahead of the anticipated imposition of U.S. President Donald Trump's 25% tariffs on imports of steel and aluminum later this week. Steelmaker POSCO Holdings 005490.KS fell as muc...
Mon, Mar 10
Oil prices decline as investors continue to fret over tariff impact
SINGAPORE, March 10 (Reuters) - Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets.Brent crude LCOc1 fell 25 cents, or 0....
Mon, Mar 10
Oil up, but off highs as Trump warns new Russia sanctions possible
Brent and WTI fall more than 3% over the weekTrade war risks and OPEC+ supply increase weigh on marketBy Erwin Seba HOUSTON, March 7 (Reuters) - Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cea...
Fri, Mar 7
SpaceX's Starship explodes in space, which Musk calls a 'minor setback'
Starship rocket explodes after liftoff, second failure this yearSpaceX faces setbacks in Mars rocket programFAA issues ground stops due to space debrisBy Joey Roulette and David ShepardsonMarch 6 (Reuters) - SpaceX's massive Starship spacecraft exploded in space on Thursday minutes after lifting...
Fri, Mar 7
Russia says OPEC+ may reverse oil output after April, Kazakhstan pledges cuts
OPEC+ has decided to hike output from AprilKazakhstan says it will cut oil production in next monthsCPC exports to be reduced as well By Olesya Astakhova, Mariya Gordeyeva and Maha El Dahan MOSCOW/ALMATY/DUBAI March 7 (Reuters) - Russia Deputy Prime Minister Alexander Novak said on Friday that th...
Fri, Mar 7
German bonds regain footing after biggest two-day drop since 1970s
LONDON, March 7 (Reuters) - A sharp sell-off in euro zone government bonds abated on Friday, after the biggest two-day fall in Bunds since the 1970s on the back of Germany's plans to completely rewrite its fiscal rules.
Fri, Mar 7
[Reuters Breakingviews] Seven & i’s latest revamp leaves stale aftertaste
HONG KONG, March 7 (Reuters Breakingviews) - Seven & i 3382.T needs a better narrative. On Thursday, the Japanese owner of corner-store empire 7-Eleven unveiled the second attempt at an alternative plan to rival Alimentation Couche-Tard’s ATD.TO $47 billion takeover offer in the form of a 2...
Fri, Mar 7
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Asian spot LNG price flat amid bearish Europe gas sentiment
SINGAPORE, March 7 (Reuters) - Asian spot liquefied natural gas (LNG) prices were flat this week, holding at a ten-week low amid Europe's bearish gas price sentiment, though some emerging spot demand has curbed losses.
Fri, Mar 7
Trump signs order to establish strategic bitcoin reserve
Reserve capitalized with bitcoin already seized by governmentCrypto czar Sacks says no new buying of tokens initiallyBitcoin briefly dips more than 5% to below $85,000White House hosts first crypto summit on FridayBy Nandita Bose and Jasper Ward WASHINGTON, March 7 (Reuters) - U.S. President Dona...
Fri, Mar 7
Broadcom jumps as upbeat forecast quells AI chip demand worries
March 7 (Reuters) - Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.
Fri, Mar 7
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EUROPE GAS-Prices rebound from fresh 5-month low
March 7 (Reuters) - European wholesale gas prices at the TTF hub rebounded amid strikes on gas infrastructure in Ukraine after falling to their lowest level in five months in early trade.The benchmark front-month contract on the Dutch TTF hub TRNLTTFMc1 rose by 1.91 euros to 39.94 euros per...
Fri, Mar 7
GLOBAL MARKETS-Stocks slip amid US trade policy uncertainty, bond selloff eases
LONDON/SINGAPORE, March 7 (Reuters) - Stocks in Europe and Asia slipped on Friday, with investors still edgy at the end of a week marked by confusion over U.S. trade policy and a global rise in borrowing costs, although a steep selloff in bonds abated.
Fri, Mar 7
PRECIOUS-Gold set for weekly gain; US payrolls data awaited
Gold's outlook continues to be very optimistic, analyst saysBullion has gained over 2% so far this weekU.S. non-farm payrolls report due at 1330 GMTBy Anjana Anil and Anushree Mukherjee March 7 (Reuters) - Gold edged higher on Friday, and was poised for a weekly rise, as the dollar weakened a...
Fri, Mar 7
German industrial orders fall 7% in January
March 7 (Reuters) - German industrial orders in January fell by 7% from the previous month, the federal statistics office said on Friday, as the previous month's upswing from bulky purchasing petered out.
Fri, Mar 7
