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China's property slump persists as stimulus struggles to stabilise sector
New home prices fall 0.1% after two months of stabilityResale prices also declineGovernment prioritises arresting market slideInitiatives include city-specific policiesBy Liangping Gao and Ryan Woo BEIJING, March 17 (Reuters) - China's property slump persisted in February, with official figur...
Mon, Mar 17
Japan's Nikkei rallies as Wall Street gains buoy battered sentiment
By Brigid Riley TOKYO, March 17 (Reuters) - Japan's Nikkei share average rallied amid widespread gains on Monday as investor sentiment got a boost from a sharp rise in U.S. stocks at the end of last week. The Nikkei .N225 rose 1.1% to 37,475.24 as of the midday break, touching its highest int...
Mon, Mar 17
China January, February crude steel output falls despite better margins
BEIJING, March 17 (Reuters) - China's crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports.
Mon, Mar 17
PRECIOUS-Gold edges higher as geopolitical and economic concerns linger
March 17 (Reuters) - Gold firmed on Monday after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the Federal Reserve continued to fuel safe-haven demand. FUNDAMENTALS* Spot gold XA
Mon, Mar 17
China's new home prices fall in February
BEIJING, March 17 (Reuters) - China's new home prices dropped 0.1% in February, official data showed on Monday, as demand in the crisis-stricken sector remains subdued despite the government's promises of more stimulus measures.The drop followed two months of relatively steady prices, accord...
Mon, Mar 17
Goldman lowers oil price views on slower demand growth, higher OPEC+ supply
March 17 (Reuters) - Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in a note dated on Sunday.The bank expects Brent LCoc1 at $71 per barrel in Decem
Mon, Mar 17
Boeing lost trust of Americans, needs strict oversight, US official says
WASHINGTON/SEATTLE, March 14 (Reuters) - U.S. planemaker Boeing BA.N lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.
Mon, Mar 17
China's Baidu launches two new AI models as industry competition heats up
HONG KONG, March 16 (Reuters) - China's Baidu 9888.HK said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and a new reasoning-focused model called X1, as it vies to stand out in a fiercely competitive AI race.Chinese AI startup DeepSeek's roll-out ...
Mon, Mar 17
Brent crude opens week higher as US vows to keep attacking Houthis
SINGAPORE, March 17 (Reuters) - Brent crude futures LCoc1 opened the week higher, rising 0.6% in early Asian trade on Monday, after the United States vowed to keep attacking Yemen's Houthis until they end attacks on shipping.The airstrikes, which the Houthi-run health ministry said killed at lea...
Mon, Mar 17
Euro zone stocks rally as German parties agree historic fiscal deal
LONDON, March 14 (Reuters) - European stock markets rallied on Friday as news of an agreement between German political parties on a historic debt deal added to optimism that has swept across the region, but analysts warned of the challenges ahead.
Fri, Mar 14
[Reuters Analysis] Donald Trump makes Chinese stocks (somewhat) great again
SINGAPORE/HONG KONG, March 14 (Reuters) - As U.S. President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities.Hong Kong's benchmark Hang Seng Index .HSI - where many major Chinese companies are listed - is up...
Fri, Mar 14
Euro rallies on rising prospect of historic German debt deal
March 14 (Reuters) - The euro rallied on Friday on rising prospects that German parties will agree a historic fiscal deal that could boost defence spending and revive growth in Europe's largest economy.
Fri, Mar 14
[Reuters Breakingviews] US banks set to capitalize on rare globalist pact
NEW YORK, March 13 (Reuters Breakingviews) - The new top cop at the U.S. Federal Reserve hardly fits the presidential mold. Michelle Bowman, Donald Trump’s pick to be the central bank’s vice chair of supervision, has indicated that she believes in aligning federal rules with Europe and the rest...
Fri, Mar 14
US Commerce chief says tariffs on autos from all countries 'would be fair'
WASHINGTON, March 14 (Reuters) - U.S. Commerce Secretary Howard Lutnick on Friday signaled that next month's U.S. tariffs could be imposed on cars from all countries, including South Korea, Japan and Germany.
Fri, Mar 14
BMW CFO: 1-bln-euro figure is estimate of impact of newly imposed tariffs
BERLIN, March 14 (Reuters) - BMW's BMWG.DE chief financial officer said the 1-billion-euro ($1.09 billion) figure mentioned earlier on Friday by its CEO was an estimate of the impact of newly imposed tariffs but was not a formal provision in its books.
Fri, Mar 14
Coffee price shocks take about a year to feed through to consumers, UN report says
LONDON, March 14 (Reuters) - Raw coffee price shocks take about a year to feed through to consumers while the residual impact lasts at least four years, according to a report published on Friday by the United Nation's Food and Agriculture Organisation (FAO).
Fri, Mar 14
China, Russia back Iran as Trump presses Tehran for nuclear talks
China, Russia, Iran say talks should be based on mutual respectThey say 'unlawful' unilateral sanctions should be liftedChina, Russia urge respect for Iran's right to peaceful uses of nuclear energyBy Ryan Woo, Xiuhao Chen and Laurie Chen BEIJING, March 14 (Reuters) - China and Russia...
Fri, Mar 14
Electronics giant Foxconn forecasts strong Q1 revenue after profit miss
Foxconn sees strong revenue growth in Q1Q4 profit drops 13% and misses forecast on non-operating lossSays it now has more resilient supply chains to cope with trade warSays AI server would account for over 50% of its server revenue this yearBy Wen-Yee Lee and Yimou Lee TAIPEI, March 14 (Reuters) ...
Fri, Mar 14
Amid tariff risks, Vietnam signs energy deals with US, reviews duties to boost US imports
Vietnam working on lower duties on US farm, tech goods, LNGVietnam, US firms sign deals for Vietnam's energy importsVietnam's trade minister meets US trade rep in WashingtonVietnam is among top exporters to US, has huge trade surplusLarge US business mission to visit Vietnam next weekBy Fran...
Fri, Mar 14
EMERGING MARKETS-Stocks rise on China boost, but face weekly dip on trade war concerns
March 14 (Reuters) - Emerging market stocks advanced on Friday, buoyed by heavyweight Chinese shares, but were set for modest weekly declines as U.S. President Donald Trump's tariff threats kept risk-taking in check.MSCI's index for emerging market stocks .MSCIEF climbed 0.9% by 0904 GMT, boosted...
Fri, Mar 14
