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China maintains defence spending increase at 7.2% amid roiling geopolitical tensions
Growth figure matches last year's riseBeijing keeps military spending above broader growth figureReport calls for combat readiness, "improved political conduct"By Laurie Chen and Greg Torode BEIJING, March 5 (Reuters) - China will boost its defence spending by 7.2% this year, maintai...
Mar 5, 2025
Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment
March 5 (Reuters) - Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.
Mar 5, 2025
China's services activity grows modestly in February, Caixin PMI shows
BEIJING, March 5 (Reuters) - China's services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino tariff war has cast uncertainty over the outlook.
Mar 5, 2025
Toyota aims for consistent return on equity, finance executive says
TOKYO, March 5 (Reuters) - Toyota Motor 7203.T is increasingly focusing on return on equity as a performance measure, talking internally about raising ROE to 20% as one guideline, a senior finance executive at the Japanese automaker said during an interview on Monday.
Mar 5, 2025
Samsung SDI CEO says EV demand to remain sluggish until H1 of 2026
SEOUL, March 5 (Reuters) - The chief executive of South Korean battery maker Samsung SDI 006400.KS said on Wednesday demand for electric vehicles will remain sluggish until the first half of next year.CEO Choi Joo-sun also told reporters at a major battery expo that the company's earnings will l...
Mar 5, 2025
Baidu Announces Proposed Offering Of CNY-Denominated Senior Notes
March 5 (Reuters) - Baidu Inc 9888.HK:PRINCIPAL AMOUNT AND OTHER TERMS OF NOTES WILL BE DETERMINED AT TIME OF PRICING OF NOTES OFFERINGFurther company coverage: 9888.HK
Mar 5, 2025
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspends soybean import licence for three U.S. firms Also suspends imports of U.S. logsChina says suspension due to phytosanitary issues Suspension coincides with retaliatory measures against U.S. tariffs By Mei Mei Chu and Ella Cao BEIJING, March 4 (Reuters) - China suspended on Tuesday t...
Mar 4, 2025
Brent settles down, hit 6-month low on OPEC+ output rise, tariffs, Ukraine news
OPEC+ to proceed with planned April oil output increase US tariffs on Mexico and Canada took effect on TuesdayChina announces 10-15% increases to import levies on US productsUS orders end of Chevron's Venezuela oil exports in 30 daysBy Stephanie Kelly NEW YORK, March 4 (Reuters) - Oil prices ...
Mar 4, 2025
European shares log worst day in over six months after Trump's tariffs materialize
Automakers lead declines after Trump's tariffs become realityThales gains after stronger-than-expected 2024 earningsLindt rises after better-than-expected operating profit STOXX 600 tumbles 2.1% to lowest in over two weeks By Nikhil Sharma and Purvi Agarwal March 4 (Reuters) - European shares...
Mar 4, 2025
China hits US agriculture, says it won't be bullied by fresh Trump tariffs
China slaps 10%-15% retaliatory levies on U.S. agriculture exportsLevies will affect about $21 billion in US exportsClamps export, investment controls on 25 U.S. firmsBeijing still hopes for truce with Trump team, analysts sayTension risk worsening U.S. inflation, China recoveryBy Joe Cash, Mei Mei ...
Mar 4, 2025
Johnson & Johnson Medtech Shockwave Medical Announces U.S. Launch Of Shockwave Javelin Peripheral IVL Catheter
March 4 (Reuters) - Johnson & Johnson JNJ.N:JOHNSON & JOHNSON MEDTECH: SHOCKWAVE MEDICAL ANNOUNCES U.S. LAUNCH OF SHOCKWAVE JAVELIN PERIPHERAL IVL CATHETER
Mar 4, 2025
PRECIOUS-Gold extends gains as safe-haven rush follows Trump's tariffs
Trump hits Canada, Mexico, and China with steep tariffs US nonfarm payrolls due on FridayGold to re-test the highs over the coming weeks, says analystBy Rahul Paswan March 4 (Reuters) - Gold prices extended gains on Tuesday, driven by safe-haven demand as trade conflicts erupted after U.S. Presid...
Mar 4, 2025
US grains slip again as Chinese tariffs add to trade worries
PARIS/SINGAPORE, March 4 (Reuters) - Chicago corn, soybeans and wheat lost more ground on Tuesday, setting fresh multi-week lows as retaliatory Chinese tariffs on U.S. farm goods heightened concerns that President Donald Trump's trade policy will disrupt U.S. agricultural exports.
Mar 4, 2025
Sterling edges higher against dollar, tariffs in focus
March 4 (Reuters) - The British pound edged higher against the U.S. dollar on Tuesday as traders weighed the implication of U.S. President Donald Trump's tariffs on Canada, Mexico and China following recent data suggesting a slowdown in the American economy.
Mar 4, 2025
Futures steady after Wall St selloff on trade war worries
March 4 (Reuters) - U.S. stock index futures were flat on Tuesday following a selloff on Wall Street in the previous session when President Donald Trump imposed tariffs on trade partners that could intensify a growth-denting global trade war.At 5:32 a.m. ET, Dow E-minis 1YMcv1 were down 44 points,
Mar 4, 2025
Kremlin says pause of U.S. military aid to Ukraine is best hope for peace
MOSCOW, March 4 (Reuters) - The Kremlin said on Tuesday that pausing U.S. military aid to Ukraine would be the best contribution to the cause of peace, but cautioned that Russia needed to clarify the details of the move by U.S. President Donald Trump.Trump's decision comes as he has upended U.S....
Mar 4, 2025
European shares drop as Trump's fresh tariffs take effect
March 4 (Reuters) - European shares joined a global market selloff on Tuesday after U.S. tariffs on Canada, Mexico and China took effect, raising concerns that similar levies could be imposed on Europe.
Mar 4, 2025
France must spend more on defence, and faster, French finance minister says
PARIS, March 4 (Reuters) - France must spend more on defence and faster, French Finance Minister Eric Lombard said on Tuesday, amid calls for European countries to step up more on defence as Washington threatens to pull back.
Mar 4, 2025
Volvo Cars total sales rise 1% in February, EV sales fall
COPENHAGEN, March 4 (Reuters) - Volvo Cars VOLCARb.ST sold 50,662 cars in February, up 1% from a year earlier, the Sweden-based company said on Tuesday, as sales of its electric vehicles declined for the month.Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement sales...
Mar 4, 2025
Euro zone bond yields fall as U.S. tariffs take effect
LONDON, March 4 (Reuters) - Euro zone bond yields fell in early trading on Tuesday as traders reacted to U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada taking effect and duties on Chinese goods doubling.
Mar 4, 2025
