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Japan's Nikkei gives up early gains as chip-related heavyweights fall
By Junko Fujita TOKYO, July 9 (Reuters) - Japan's Nikkei share average surrendered early gains to trade flat on Wednesday, as investors sold chip-related heavyweights to book profits from a recent rally.The Nikkei .N225 was down 0.03% at 39,677.42 by the midday break, after rising 0.7% earlie...
Wed, Jul 9
WRAPUP 9-Trump says steep copper tariffs in store as he broadens his trade war
Trump announces 50% tariff on copper importsSays new tariffs coming for semiconductors, pharmaceuticalsPresident says talks with EU and China are going wellJapan, South Korea scramble to minimize tariff damageBy Andrea Shalal and Trevor Hunnicutt WASHINGTON/TOKYO, July 8 (Reuters) - U.S. Presiden...
Wed, Jul 9
[Reuters Analysis] Musk faces a daunting path in challenging US two-party system
Musk's America Party aims to attract disaffected Democrats and RepublicansExperts say creating a viable third party requires long-term commitmentIndependent candidates historically struggle against major-party advantagesMusk's appeal overlaps with existing Republican base, limiting new-party...
Wed, Jul 9
Trump says he is days from sending EU a tariff letter
WASHINGTON, July 8 (Reuters) - President Donald Trump said he is probably two days off from sending the European Union a letter disclosing the tariff rate on their exports to the U.S.Trump said during a Cabinet meeting at the White House that the EU had been treating the U.S. very nicely recently in
Wed, Jul 9
Solar stocks down after Trump order seeks to end wind, solar energy subsidies
** Shares of solar companies fall after U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects** SunRun RUN.O fall 11.4% and SolarEdge Technologies SEDG.O tumble ~
Wed, Jul 9
Trump says US tariffs on drugs, chips to come soon
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump told reporters at the White House on Tuesday that he will announce semiconductor tariffs as well as make a separate announcement on pharmaceuticals very soon, but gave no other details.
Wed, Jul 9
[Reuters Analysis] Trump's tariff deadline delay brings hope, confusion to trade partners, businesses
Trump grows frustrated with lengthy, complicated trade talksLonger deadline comes with final tariff warning as US seeks leverageJapan, South Korea push for mutually beneficial deals with USSmall firms face losses, paralysis amid rapidly shifting tariff policiesBy David Lawder, Andrea Shalal, Timothy
Wed, Jul 9
Trump says Fed's Powell should resign immediately
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell should resign immediately.
Wed, Jul 9
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Trump says BRICS nations to get 10% tariff 'pretty soon'
Trump says BRICS aims to hurt US dollarBrazil's Lula pushes back against criticism of BRICS No date set for BRICS tariffBy Andrea Shalal and Ricardo Brito WASHINGTON/BRASILIA, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tari...
Wed, Jul 9
Trump says pharmaceutical tariffs could reach 200%
By Andrea Shalal and Michael Erman WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump on Tuesday said he plans to announce tariffs on imported pharmaceuticals which could reach 200% but he would give drugmakers about one year "to get their act together.""We're going to giv...
Wed, Jul 9
Investors head into Trump tariff deadline benumbed and blase
SINGAPORE/NEW YORK, July 6 (Reuters) - Global investors are heading into U.S. President Donald Trump's Wednesday deadline for trade tariffs palpably unexcited and prepared for a range of benign scenarios that they believe are already priced in.
Wed, Jul 9
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US STOCKS-S&P 500, Nasdaq set for higher open as investors pin hopes on trade talks
July 8 (Reuters) - The S&P 500 and the Nasdaq were poised for a higher open on Tuesday, as investors hoped that upcoming trade talks with trading partners could defuse the threat of a full-blown trade war, rekindled by President Donald Trump's latest tariff salvo.
Tue, Jul 8
Ford says Michigan EV battery plant 'on track' for production tax credits
July 8 (Reuters) - Ford Motor F.N said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.
Tue, Jul 8
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Solar stocks down after Trump order seeks to end wind, solar energy subsidies
U.S.-listed shares of solar companies fall premarket** President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects** The order directs the Treasury department to enforce ...
Tue, Jul 8
S&P, Nasdaq futures tick up as focus turns to trade talks after tariff jolt
July 8 (Reuters) - Futures tracking the S&P 500 and the Nasdaq inched higher on Tuesday as investors assessed U.S. President Donald Trump's latest tariff salvo and pinned their hopes on fresh negotiations with key trading partners to stave off a full-blown trade war.
Tue, Jul 8
IBM rolls out new chips and servers, aims for simplified AI
SAN FRANCISCO, July 8 (Reuters) - International Business Machines IBM.N on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
Tue, Jul 8
REFILE-GLOBAL MARKETS-Shares steady, yen slides after US issues tariff letters
Japan and South Korea face 25% tariffs by August 1European shares flat as investors await trade deal Goldman Sachs lifts S&P 500 return forecasts Aussie dollar rises as RBA keeps rates on holdBy Rocky Swift and Johann M Cherian TOKYO, July 8 (Reuters) - Global stocks were flat to marginally h...
Tue, Jul 8
Japan's Nikkei rises on weaker yen as Trump tariff deadline delayed
TOKYO, July 8 (Reuters) - Japan's Nikkei share average rose on Tuesday, buoyed by a weakening yen and as U.S. President Donald Trump gave an additional three-week grace period for tariff negotiations.
Tue, Jul 8
Australia's central bank stuns markets by passing up chance to cut rates
RBA holds rates at 3.85% despite market expectations for a cutAustralian dollar rises, bond futures fall after RBA decisionMarkets now favour rates bottoming at 3.10%, rather than 2.85%Treasurer Chalmers notes disappointment, cites progress on inflationBy Stella Qiu and Wayne Cole SYDNEY, July 8
Tue, Jul 8
S.Korean shares log biggest gain in two weeks as Trump extends tariff pause
South Korean shares on Tuesday recorded their strongest daily gain in two weeks, as U.S. President Donald Trump extended a pause on tariffs, boosting optimism around a potential trade deal.
Tue, Jul 8
