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China, HK stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
China and Hong Kong equities closed the week lower, ending weeks of gains, as U.S. President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on tech stocks and turned focus to next week's annual parliamentary meeting.
Fri, Feb 28
Gold set for biggest weekly drop in over 3 months; US inflation data in focus
Gold prices eased on Friday, and were set to post their biggest weekly drop since November 2024, on a stronger dollar, while investors awaited a key U.S. inflation data for cues into the Federal Reserve's monetary policy trajectory.
Fri, Feb 28
Chinese mainland investors drive surge in Hong Kong stocks
China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pushed the benchmark index to its highest level since 2022.
Fri, Feb 28
European shares drop on Trump's plan to implement tariffs
Feb 28 (Reuters) - European shares extended declines on Friday, as market sentiment was dented after U.S. President Donald Trump said his proposed tariffs on Mexican and Canadian goods would take effect next week.
Fri, Feb 28
China strongly opposes Trump's additional tariff threat
China's foreign ministry said on Friday it strongly opposes the threat of an additional 10% tariffs from U.S. President Donald Trump and will take all necessary measures to firmly safeguard its legitimate interest.
Fri, Feb 28
London copper hits over two-week low as Trump tariffs loom
NEW DELHI, Feb 28 (Reuters) - London copper prices hit a more than two-week low on Friday, as the dollar firmed on U.S. President Donald Trump's imminent tariff plans.
Three-month copper on the London Metal Exchange (LME) CMCU3 fell 0.5% to $9,346.5 a metric ton as of 0704 GMT, and was down 2% on...
Fri, Feb 28
Japan's Nikkei ends at 5-month low as chip stocks track Nvidia slump
TOKYO, Feb 28 (Reuters) - Japan's Nikkei share average ended at a five-month low on Friday, as chip-related stocks tracked Nvidia's sharp overnight declines, with Advantest tanking nearly 9%.The Nikkei index fell below 37,000 for the first time since September 19 and hit a low of 36,840.12 in intra
Fri, Feb 28
JGB prices rise on safe-haven bets, slower Tokyo price growth
Tokyo, Feb 28 - Japanese government bond (JGB) prices rose on Friday as investors sought safe-haven assets amid slumps in equities, while slower inflation growth in Japan's capital eased bets on the Bank of Japan's aggressive rate hike bets.
Fri, Feb 28
Spectre of Trump's tariffs hammers risk currencies, crypto
SINGAPORE, Feb 28 (Reuters) - Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday in risk-sensitive currencies such as the Aussie, sent bitcoin tumbling and gave safe-haven support to the dollar.
Fri, Feb 28
[Reuters Analysis] Air safety reporting under scrutiny as crashes lie unresolved
Next month marks three years since a China Eastern 600115.SS jet plunged into a hillside killing 132 people, with relatives still waiting to learn what caused China's deadliest air disaster in three decades.
Fri, Feb 28
Fundamentals suggest EUR/GBP has further to fall
EUR/GBP has been under pressure since late January, and the fundamental backdrop suggests there is little reason to fight the downtrend, which has further to fall.
Fri, Feb 28
Japanese stocks see largest weekly selloff in 5 months on rising yen, tariff woes
Feb 28 (Reuters) - Japanese stocks saw the largest weekly foreign outflow in nearly five months totaling 1.04 trillion yen ($6.95 billion), hit by a stronger yen, rising inflationary concerns, and uncertainties over U.S. President Donald Trump's tariff policies.
Fri, Feb 28
Trump vows March 4 tariffs for Mexico, Canada, extra 10% for China over fentanyl
WASHINGTON, Feb 27 (Reuters) - U.S. President Donald Trump on Thursday said his proposed 25% tariffs on Mexican and Canadian goods will take effect on Tuesday, along with an extra 10% duty on Chinese imports because deadly drugs are still pouring into the U.S. from those countries.
Fri, Feb 28
South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
SEOUL, Feb 28 (Reuters) - South Korea's acting President and Finance Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent discussed tariffs, investment and forex policy in a video call, South Korea's finance ministry said on Friday.
Fri, Feb 28
Oil heads for first monthly drop since November as economic uncertainty weighs
Brent, WTI head for first drop in three monthsPDVSA, Chevron may strike new agreement to export Venezuelan oil - sourcesOPEC+ debating whether to increase supply in April - sourcesBy Florence Tan SINGAPORE, Feb 28 (Reuters) - Oil prices eased on Friday, heading for their first monthly drop since
Fri, Feb 28
Japan's Nikkei slips to 5-month low as chip stocks track Nvidia slump
TOKYO, Feb 28 (Reuters) - Japan's Nikkei share average fell to a five-month low on Friday as chip-related stocks tracked Nvidia's sharp overnight declines, with Advantest tanking more than 8%.
Fri, Feb 28
Dell forecasts decline in annual margin on higher AI server costs
Dell DELL.N on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand.
Fri, Feb 28
Japan's Nikkei falls 2% as chip shares track Nvidia declines
TOKYO, Feb 28 (Reuters) - Japan's Nikkei share average fell 2% in early trade on Friday, as chip-related stocks tracked chipmaker Nvidia's sharp declines overnight, with Advantest tanking more than 9%.
Fri, Feb 28
Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence
Adds analyst comment, latest dataBrent and WTI gain 2%Both benchmarks hit two-month lows in previous sessionChevron exports about 240,000 bpd of crude from Venezuela Sanctions, tariffs make OPEC+ hesitant on April oil hikeBy Stephanie Kelly NEW YORK, Feb 27 (Reuters) - Oil prices rose more than 2...
Thu, Feb 27
Walmart Mexico readies launch of debit card service
By Kylie Madry MEXICO CITY, Feb 27 (Reuters) - Walmart's Mexico and Central America unit WALMEX.MX is preparing to launch its debit card service, an executive said on Thursday.WHY IT'S IMPORTANTWalmex, as the company is also known, is Mexico's largest retailer. It bought a payment app...
Thu, Feb 27
