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China's Iron and Steel Association says US tariff increase to impact global supply chain
HONG KONG, Feb 13 (Reuters) - China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum imports to the U.S. would have an adverse impact on the supply chain of the global steel industry, including China's steel industry, state broadcaster China Central Televis...
Thu, Feb 13
Trump says he backs Ukraine, but early concessions to Russia spark concerns
U.S. President Donald Trump has promised a swift end to the Ukraine war but with talks about to begin the author of "The Art of the Deal" may have already complicated his task by sacrificing leverage.
Thu, Feb 13
Gold firms on US tariff concerns ahead of key US data
Bullion hit a record high of $2,942.70/oz on TuesdayTrump says he will sign reciprocal tariffs order soonUS Jan CPI increased at fastest pace in nearly 1-1/2 yearsUS PPI data due at 1330 GMTAdds comment, updates with mid-session tradingBy Anushree Mukherjee Feb 13 (Reuters) - Gold gained on Thurs...
Thu, Feb 13
China proposes Putin-Trump summit to end Ukraine war, WSJ reports
China floated proposal to hold Putin-Trump summit - WSJChinese foreign ministry says it has "no information" to offerChina "happy" to see Russia, U.S. strengthening communicationAdds comments from Chinese foreign ministry throughoutBy Mei Mei Chu and Ryan Woo BEIJING, Feb 13 (Reut...
Thu, Feb 13
RUBBER-Japan futures dip on tariff threats, off-season supply woes limit losses
Japanese rubber futures edged lower on Thursday as U.S. President Donald Trump's tariff threats dampened market sentiment, though off-season production sparking supply concerns cushioned the fall.
Thu, Feb 13
Alibaba's Hong Kong shares hit 3-year peak on Apple AI partnership
Update milestone, stock price, company confirmation** Hong Kong shares of Alibaba 9988.HK jump as much as 9.2% to HK$124.3 - highest since January 2022, on track for the second session of gain** Stock is the most actively traded shares by turnover** Alibaba's U.S. shares BABA.N jumped 4.9% on We...
Thu, Feb 13
Japan's 10-year bond yield hits near 15-year high after US inflation data
TOKYO, Feb 13 (Reuters) - Japan's 10-year government bond yield hit a near 15-year high on Thursday, after U.S. Treasury yields rose on stronger-than-expected U.S. inflation, while investors braced for an early interest hike by the Bank of Japan as the yen weakened. The 10-year JGB yield JP10YTN...
Thu, Feb 13
Foxconn says it is open to buying a stake in Nissan
Taiwan's Foxconn 2317.TW would consider taking a stake in Nissan 7201.T for cooperation, its chairman said, as the Japanese automaker's future hangs in the balance after stepping back from merger talks with Honda 7267.T.
Thu, Feb 13
Alibaba's Hong Kong shares hit 2-1/2-year peak after Apple partnership report
Hong Kong shares of Alibaba Group 9988.HK jump 4.5% to HK$118.9, their highest since July 2022, on track for the second session of gain; Stock is the most actively traded shares by turnover.
Thu, Feb 13
Japan's Nikkei rises more than 1% as weaker yen boosts appetite
TOKYO, Feb 13 (Reuters) - Japan's Nikkei share average rose more than 1% on Thursday as a weak yen boosted sentiment, masking losses of SoftBank Group on its surprise quarterly loss.
The Nikkei .N225 was up 1.2% to 39,421.00 as of 0216 GMT.
"Last month, Japanese stocks were dragged lower by worries
Thu, Feb 13
Ozempic shows some promise for alcohol use disorder
Novo Nordisk’s NOVOb.CO blockbuster GLP-1 diabetes drug Ozempic led to improvements in some measures of alcohol use disorder in a small trial, researchers reported on Wednesday.
Thu, Feb 13
Cutting moon rocket would test Musk's power to slash jobs in Republican states
President Donald Trump is being urged to axe an over-budget, multi-billion dollar moon rocket, sources familiar with the discussions said, setting up a titanic struggle with Republican lawmakers whose districts depend on the program's jobs.
Thu, Feb 13
【Reuters Analysis】Tariff threat opens up transatlantic rift in copper pricing
U.S. President Donald Trump hasn't yet imposed import tariffs on copper but the market is already pricing in the likelihood that the red metal will be next on the list after aluminium and steel.
Thu, Feb 13
Trump says Putin and Zelenskiy want peace; phone calls kick off talks to end Ukraine war
Donald Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace in separate phone calls with him on Wednesday, and Trump ordered top U.S. officials to begin talks on ending the war in Ukraine.
Thu, Feb 13
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
Cisco Systems CSCO.O raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7% in extended trading.
Thu, Feb 13
Musk's X agrees to pay about $10 million to settle Trump lawsuit, WSJ reports
Elon Musk's social media platform X has agreed to pay about $10 million to settle a lawsuit that U.S. President Donald Trump brought against the company and its former chief executive, the Wall Street Journal reported on Wednesday.
Thu, Feb 13
Cisco Systems Inc reports results for the quarter ended January 31 - Earnings Summary
Cisco Systems Inc CSCO.OQ reported quarterly adjusted earnings of 94 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 91 cents per...
Wed, Feb 12
Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine
WTI futures fall more than $2 during sessionTrump calls Putin and Zelenskiy to discuss ending war in UkraineFed's Powell signals slower interest rate cutsUS crude stocks rise by more than expected, EIA data shows OPEC keeps demand outlook projections unchanged Updates with settlement pricesBy Ge...
Wed, Feb 12
OPEC takes long-term view of global oil markets, aims for stability
Corrects paragraph 1 to specify OPEC decisions are aimed at market stability, not priceBy Nidhi Verma and Sethuraman N R NEW DELHI, Feb 11 (Reuters) - Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing market stability, Secretary Gener...
Wed, Feb 12
PRECIOUS-Gold off record highs as Powell's comments douse rate-cut hopes
Fed chief reiterates go-slow approach on further rate cutsBullion hit record high of $2,942.70 on TuesdayUS CPI data due at 1330 GMTUpdates with mid-session tradingBy Anushree Mukherjee Feb 12 (Reuters) - Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Fed...
Wed, Feb 12
