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Gold dips 2% as US-China trade tensions ease, dollar rises
April 25 (Reuters) - Gold prices fell 2% on Friday and were on track for a weekly dip as the dollar rose and signs of easing U.S.-China trade tensions after a report that Beijing had exempted some U.S. goods from its tariffs weighed on bullion.
Sun, Apr 27
Stocks rise with tech-related shares, notch weekly gains; dollar up
NEW YORK, April 25 (Reuters) - Most stock indexes climbed on Friday, with Wall Street buoyed by technology-related shares, while the dollar had its first weekly rise in over a month as investors searched for signs that the U.S.-China trade war may be easing.
Sun, Apr 27
Tesla shares rise; NHTSA to ease some safety rules for self-driving vehicles
** Shares of Tesla TSLA.O rise 10% to $285.20** U.S. National Highway Traffic Safety Administration to exempt some self-driving vehicles from safety requirements** NHTSA will also streamline the reporting of safety incidents for advanced driver assistance and self-driving systems** New framework to
Sun, Apr 27
World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization
WASHINGTON, April 25 (Reuters) - Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank's chief economist.
Sun, Apr 27
Conflicting US-China talks statements add to global trade confusion
April 25 (Reuters) - U.S. President Donald Trump asserted in an interview published on Friday that tariff negotiations were under way with China, but Beijing denied any talks were taking place, the latest in a series of conflicting signals over what progress was being made to de-escalate a trade war
Sun, Apr 27
[Reuters Analysis] Yen, BOJ's rate policy may remain focus in Japan-US trade talks
WASHINGTON, April 25 (Reuters) - Japan may have averted U.S. pressure for a stronger yen in bilateral finance talks on Thursday, but a closer look at officials' descriptions of the meeting suggests currencies and the Bank of Japan's interest rate policy may remain key factors in broader trade negoti
Sun, Apr 27
ECB consensus builds for June rate cut but no appetite for big move, sources say
WASHINGTON, April 26 (Reuters) - European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there is little to no appetite for a big move, six sources told Reuters.
Sun, Apr 27
TikTok to enter Japan's e-commerce industry, Nikkei reports
April 27 (Reuters) - Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the Nikkei newspaper reported on Sunday.The company is preparing to recruit sellers soon for its e-commerce arm TikTok Shop in Japan, Nikkei said, citing a source in
Sun, Apr 27
[Reuters Analysis] World breathes sigh of relief as Trump spares Fed, IMF
WASHINGTON, April 26 (Reuters) - Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic order that prevailed for the past 80 years was not collapsing just yet despite Donald Trump's inward-looking approach.
Sun, Apr 27
Oil posts weekly fall on tariff worry and rising supplies
Brent, WTI down, erasing gains following tariff uncertaintyBoth contracts set for weekly declinesOPEC+ to consider another accelerated oil output hike for JuneBy Stephanie Kelly NEW YORK, April 25 (Reuters) - Oil prices edged higher on Friday but posted a weekly decline, under pressure from marke...
Fri, Apr 25
China exempts some goods from US tariffs
China exempts some U.S. imports from 125% tariffsBeijing seeks to mitigate economic fallout from trade warSome recent imports from US have not been subject to tariffs, AmCham says, citing membersBy Andrew Silver, Trixie Yap and Brenda Goh April 25 (Reuters) - China has exempted some U.S. imports ...
Fri, Apr 25
Intel shares fall as dour forecasts overshadow CEO's turnaround promises
Tariffs cast doubt on near-term demand for company's PC processorsNew CEO gives glimpses of plans to reanimate Intel's culture of innovationCompany has a lot of investments to make to catch up in AI, Stifel saysBy Zaheer Kachwala and Kanchana Chakravarty April 25 (Reuters) - Intel's I...
Fri, Apr 25
Alphabet climbs as AI bets drive ad strength, quelling market fears
By Deborah Mary Sophia April 25 (Reuters) - Alphabet GOOGL.O shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-...
Fri, Apr 25
Apple moving to make most iPhones for US in India rather than China, source says
Apple shifting production of iPhones for US mkt to India from ChinaAims for India to make most iPhones sold in US by end 2026 -sourceApple trying to navigate potentially higher US tariffs on ChinaBy Munsif Vengattil BENGALURU, April 25 (Reuters) - Apple AAPL.O aims to make most of its iPhones sol...
Fri, Apr 25
US bond funds attract first weekly inflow in six weeks
April 25 (Reuters) - U.S. bond funds recorded net inflows in the week through April 23 for the first time in six weeks, as a selloff in U.S. bond markets eased and investors grew hopeful about a potential de-escalation in the trade war between the U.S. and China.
Fri, Apr 25
Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports
April 25 (Reuters) - Tencent Music Entertainment Group 1698.HK is in advanced talks to buy China's largest online audio platform, Ximalaya Inc XIMA.N, for $2.4 billion, Bloomberg News reported on Friday, citing sources.
Fri, Apr 25
US STOCKS-Wall Street rises on signs of China's tariff relief, upbeat Alphabet results
April 25 (Reuters) - U.S. stock index futures jumped on Friday after signs China was prepared to soften its stance on tariffs, while better-than-expected quarterly results from heavyweight Alphabet lifted its shares and supported other technology stocks.
Fri, Apr 25
Intel offers weak forecast amid trade tensions as CEO talks to TSMC
April 24 (Reuters) - Intel INTC.O forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war.
Fri, Apr 25
Take Five: Trump's first 100 days
April 25 (Reuters) - Donald Trump is nearing the 100-day mark of his second presidency and investors are no closer to figuring out how to trade his policies, nor do central bankers have much clarity on how their economies may be affected.Additionally, earnings season is ramping up, there's cruci...
Fri, Apr 25
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Gold falls as China mulls exempting tariffs on some US imports
April 25 (Reuters) - Gold prices fell more than 1% on Friday as China considered exempting certain U.S. imports from its tariffs, denting the precious metal's safe-haven appeal.
Fri, Apr 25
