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[Reuters Analysis] Zelenskiy-Trump clash at White House sparks global rethink by US allies: Peter Apps

LONDON, March 7 (Reuters) - As they watched Ukrainian President Volodymyr Zelenskiy evicted from the White House last week after an unprecedented live televised quarrel with President Donald Trump and his Vice President JD Vance, some of America’s closest allies began to swiftly rea...
Fri, Mar 7

Fed Bostic tips Fed on hold till this summer

The Atlanta Fed pres says Fed may need to stay patient on policy till summerEconomy seen in 'incredible flux', hard to know where things will landNeed to be mindful of any changes that impact prices and employmentTariffs introduce elevated costs, may translate to higher prices eventuallyAlre...
Fri, Mar 7

Brazil touts 'positive' call with senior U.S. trade official

BRASILIA, March 6 (Reuters) - Brazilian Vice President Geraldo Alckmin on Thursday held a "positive" video call with U.S. Commerce Secretary Howard Lutnick that focused in part on U.S. tariff policy, the vice president's office said.
Fri, Mar 7

Japan FinMin mouthing on FX seen just lip-service

Japan FinMin Kato vowed appropriate action excessive FX moves todayImportant for currencies to move in stable manner reflecting fundamentalsRecent FX moves one-sided, rapidThese comments somewhat of a surprise with govt seen happy with JPY gainsRecent JPY gains also relatively "orderly", not...
Fri, Mar 7

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans

Mexico wins one-month tariff exemption; nothing yet for CanadaUS to exert maximum pressure on Iran via sanctionsPutin says any Ukraine peace deal must ensure Russia's securityBy Arathy Somasekhar HOUSTON, March 6 (Reuters) - Oil settled largely unchanged in choppy trade on Thursday, with ...
Thu, Mar 6

Mocking him as 'Micron', Russia warns Macron not to threaten it

Moscow opposes European peacekeeping troops in UkraineMacron open to discussing sharing nuclear deterrenceRussia says Macron should not threaten Russia Kremlin agrees "proxy war" should endEx-President Medvedev calls Macron 'Micron'By Guy Faulconbridge and Dmitry Antonov MOSCOW, M...
Thu, Mar 6

Macy's forecasts 2025 sales, profit below estimates on inflation, tariff uncertainty

By Ananya Mariam Rajesh March 6 (Reuters) - Macy's M.N forecast annual sales and profit below Wall Street expectations on Thursday, reflecting a broader trend among U.S. retailers grappling with reduced consumer spending amid the added pressure of new trade restrictions.Shares of the company ...
Thu, Mar 6

After Trump's tariffs, Mexico seeks Asian and European crude oil buyers

MEXICO CITY, March 6 (Reuters) - Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after U.S. President Donald Trump imposed tariffs on imports, a senior Mexican government official said.
Thu, Mar 6

Sterling extends drop versus euro after German fiscal boost

LONDON, March 6 (Reuters) - The pound extended a slide against the euro on Thursday, dropping to its weakest level since January as the single currency benefited from an improving growth outlook after Germany announced plans to massively boost fiscal spending.
Thu, Mar 6

[Reuters Analysis] Defence surge could help jumpstart Europe's flat economy

LONDON, March 6 (Reuters) - A defence spending surge could boost Europe's sluggish economy as long as it provides a springboard for a broader industrial revival and if governments convince the sector that the funding is there for the long haul.
Thu, Mar 6

Japan's Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid

Seven & i names outside director Dacus as new CEOAnnounces 2 trillion yen share buybackPlans to IPO its North American convenience store business Agrees to sell superstore asset to Bain Capital for 815 billion yenShares surge 6.1% on ThursdayBy Ritsuko Shimizu and Rocky Swift TOKYO, March 6 (...
Thu, Mar 6

TSMC CEO says it is expanding US investment to meet customer demand

TAIPEI, March 6 (Reuters) - Taiwanese chipmaker TSMC 2330.TW is expanding investment in the United States because of large U.S. customer demand, its CEO said on Thursday, adding that its production lines there are already fully booked for this year and the next two years.The comments were made at...
Thu, Mar 6

Chinese officials say more stimulus possible if growth slowed

BEIJING, March 6 (Reuters) - Chinese officials on Thursday flagged more monetary policy easing "at an appropriate time" and left the door open to more stimulus measures on top of those announced at this week's annual parliament meeting if economic growth veered off track.
Thu, Mar 6

PRECIOUS-Gold falls as dollar recovers slightly; US payrolls data eyed

Trump administration gives Canada, Mexico one-month auto tariff reprieveGold up more than 10% so far this yearNon-farm payrolls report on Friday By Anjana Anil and Anushree Mukherjee March 6 (Reuters) - Gold fell on Thursday, hurt by a slight recovery in the U.S. dollar and higher Treasury yi...
Thu, Mar 6

Singapore fuel oil stockpiles ease for third straight week

SINGAPORE, March 6 (Reuters) - Onshore fuel oil stockpiles at the Singapore hub fell for a third consecutive week, hitting its lowest in 18 weeks, data showed on Thursday.
Thu, Mar 6

US will struggle to replace copper, aluminium at home if tariffs take effect, says ANZ

March 6 (Reuters) - The U.S. will find it hard to replace imported aluminium and copper in the event of tariffs as the world's biggest economy is heavily reliant on offshore supplies, ANZ said on Thursday.
Thu, Mar 6

Mexican fuel oil heads to Asia, Europe in March on Trump tariffs

Mexican fuel oil cargoes are heading to Asia and Europe this month as higher prices draw supply, while traders eye more diversions after U.S. President Donald Trump imposed tariffs on imports this week, trade sources and analysts said.
Thu, Mar 6

Asian countries in the cross-hairs of Trump tariffs

As U.S. President Donald Trump's new trade tariffs on China, Mexico and Canada kick off, sparking another trade war, countries in Asia's complex and integrated global supply chain are in the crosshairs.
Thu, Mar 6

Hong Kong, China stocks end higher on tech-fuelled rally

HONG KONG, March 6 (Reuters) - Hong Kong shares rallied to a fresh three-year high on Thursday, led by tech stocks, as investors continued to pile into artificial intelligence shares and welcomed new policy support.
Thu, Mar 6

European shares jump on hopes of easing tariff worries; ECB rate decision awaited

March 6 (Reuters) - European shares extended their gains on Thursday on hopes of easing trade tensions after U.S. President Donald Trump exempted automakers from his 25% tariffs on Canada and Mexico for one month.The pan-European STOXX 600 .STOXX was up 0.3% as of 0814 GMT. The benchmark index...
Thu, Mar 6
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