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FOREX-Euro vaults to one-month high after Trump U-turn on EU tariffs
Risk-sensitive currencies gain as growth worries recede. Dollar assets also pressured by Trump's sweeping tax bill. U.S. currency even loses ground to safe-haven yen, franc
Mon, May 26
Trump delays EU tariffs until July 9, European markets rally
US president grants extension request, European Commission chief says EU will move rapidlyEuro and US dollar rise against safe-haven currenciesBy Jeff Mason and Philip Blenkinsop BRUSSELS, May 25 (Reuters) - U.S. President Donald Trump backed away from his threat to impose 50% tariffs on imports ...
Mon, May 26
STOXX 600 jumps as Trump's EU tariff deadline extension boosts sentiment
May 26 (Reuters) - European shares surged on Monday, poised to recoup the previous session's losses on relief after U.S. President Donald Trump delayed his threat to impose a 50% tariff on the European Union.
Mon, May 26
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Japan's Nikkei rises for second day as trade fears ease, Nippon Steel jumps
TOKYO, May 26 (Reuters) - Japan's Nikkei share average extends gains to a second consecutive session on Monday as easing trade tensions between the United States and the European Union supported risk appetite.
Mon, May 26
Trump's backing for Nippon's US Steel bid leaves key questions unanswered
TOKYO, May 26 (Reuters) - U.S. President Donald Trump's comments supporting Nippon Steel's 5401.T $14.9 billion bid for U.S. Steel X.N left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to muted gains for its shares on Monday.
Mon, May 26
China, Hong Kong stocks weaken as auto shares, Apple suppliers weigh
HONG KONG, May 26 (Reuters) - China and Hong Kong stocks retreated on Monday, with automobile and Apple suppliers leading the decline. ** At the midday break, the Shanghai Composite index .SSEC was down 0.3% at 3,338.42 points. China's blue-chip CSI300 index .CSI300 was down 0.7%.** In Hong Kong...
Mon, May 26
Asian currencies rise as US fiscal woes, policy shifts weigh on dollar
May 26 (Reuters) - Emerging Asian currencies firmed on Monday, aided by pressure on the dollar amid U.S. fiscal concerns, while risk appetite improved after U.S. President Donald Trump postponed his threat to impose 50% tariffs on EU goods by more than a month.
Mon, May 26
OpenAI to open office in Seoul amid growing demand for ChatGPT
SEOUL, May 26 (Reuters) - OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT service, the company said on Monday.South Korea has the largest number of paying ChatGPT subscribers after the United States...
Mon, May 26
Japan's Nikkei rises for a second day as trade fears ease, Nippon Steel jumps
TOKYO, May 26 (Reuters) - Japan's Nikkei share average gained for a second-straight session on Monday as easing trade tensions between the United States and Europe supported risk appetite.
Mon, May 26
South Korean shares rise 1% as Trump delays EU tariffs, battery makers rebound
KOSPI rises, foreigners net buyers. Korean won strengthens against dollar. South Korea benchmark bond yield flat.
Mon, May 26
Shares in China-listed Apple suppliers fall after Trump's tariff threats
SHANGHAI, May 26 ((Reuters) - China-listed Apple supplier stocks lost ground on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones.Shares in Luxshare 002475.SZ, which assembles iPhones and makes AirPods, fell 2.2% while Chinese mobile screen maker Lens Tech 300433.SZ...
Mon, May 26
Nippon Steel shares climb 5% after Trump offers support for U.S. Steel deal
TOKYO, May 26 (Reuters) - Nippon Steel 5401.T shares rallied at the start of Monday trade in Tokyo after U.S. President Donald Trump expressed support for the company's $14.9 billion bid for U.S. Steel X.N.Shares of Nippon, the world's fourth-largest steelmaker, gained 5% to 3,025 yen early ...
Mon, May 26
Oil climbs after Trump extends EU trade talks deadline to July
SINGAPORE, May 26 (Reuters) - Oil prices gained in early Asian trade on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global economy and fuel demand.
Mon, May 26
Japanese bonds extend rally as higher yields help bring in buyers
TOKYO, May 26 (Reuters) - Japanese government bonds (JGBs) extended their rally to a second day on Monday as elevated yields attracted buyers, while caution prevailed before the auction of super-long debt this week.
Mon, May 26
PRECIOUS-Gold retreats from two-week high as Trump extends EU tariff deadline
May 26 (Reuters) - Gold prices slipped from a two-week high on Monday after U.S. President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50% tariff from June 1.
Mon, May 26
Euro rises, dollar recovers as Trump gives more time for EU deal
TOKYO, May 26 (Reuters) - The euro and U.S. dollar rose against the safe-haven yen and Swiss franc on Monday after President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his threat of a 50% tariff from June 1.
Mon, May 26
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say
BEIJING/TAIPEI, May 24 (Reuters) - Nvidia NVDA.O will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.
Mon, May 26
Trump says US wants to make tanks, not T-shirts
MORRISTOWN, New Jersey, May 25 (Reuters) - U.S. President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.
Mon, May 26
Trump pushes EU to cut tariffs or face extra duties, FT reports
May 23 (Reuters) - U.S. President Donald Trump's trade negotiators are pushing the EU to make unilateral tariff reductions on U.S. goods, saying without concessions the bloc will not progress in talks to avoid additional 20% "reciprocal" duties, the Financial Times reported on Friday.
Fri, May 23
Emerging market equity funds lure investors fleeing overvalued U.S. assets
May 23 (Reuters) - Emerging market equity funds are leading the global performance this year, bolstered by attractive valuations, years of under-positioning by investors and an easing of economic pressures after U.S. President Donald Trump's pause on tariffs.
Fri, May 23
