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TSX notches record high as tech leads broad-based gains
May 26 (Reuters) - Canada's main stock index rose on Monday to a record high, with the technology sector leading broad-based gains as investors cheered a cooling in global trade tensions.
Tue, May 27
Trump says Putin has 'gone absolutely CRAZY,' considering more sanctions on Russia
WASHINGTON/MOSCOW/KYIV, May 26 (Reuters) - U.S. President Donald Trump said Vladimir Putin had "gone absolutely CRAZY" by unleashing a massive aerial attack on Ukraine and said he was weighing new sanctions on Moscow, though he also scolded Ukrainian President Volodymyr Zelenskiy.
Tue, May 27
European stocks recover after Trump delays EU tariffs in hopes of deal
Defence stocks, car makers lead gains on STOXX 600Thyssenkrupp rises after report of shareholder meeting plansSTOXX 600 up 1%, its biggest one-day gain in two weeksBy Nikhil Sharma and Purvi Agarwal May 26 (Reuters) - European shares kicked off the week on a positive note on Monday, recouping the...
Mon, May 26
Trump considers redirecting $3 billion in Harvard grants to US trade schools
Harvard has said the sudden funding cuts are unconstitutionalMost of the funding is for biomedical research, not usually done at trade schoolsBy David Shepardson and Jonathan Allen WASHINGTON, May 26 (Reuters) - U.S. President Donald Trump said on Monday he is considering taking $3 billion of pre...
Mon, May 26
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EU warns Shein of fines in consumer protection probe
BRUSSELS, May 26 (Reuters) - The European Union on Monday urged fast-fashion retailer Shein to respect EU consumer protection laws and warned it could face fines if it failed to address the EU's concerns.
Mon, May 26
Euro trades at one-month high after Trump delays EU tariffs
TOKYO/LONDON, May 26 (Reuters) - The euro hit a one-month high against the U.S. dollar on Monday, after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to "reach a good deal".
Mon, May 26
Gold falls nearly 1% after Trump extends tariff deadline on EU goods
Trump extends EU trade talk deadline to July 9Citi upgrades its zero-to-three month gold price target Markets in the United States and Britain closed By Anmol Choubey May 26 (Reuters) - Gold prices fell nearly 1% on Monday after U.S. President Donald Trump dropped his threat to impose 50% tariff
Mon, May 26
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
