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China announces plans for major renewable projects to tackle climate change
BEIJING, March 5 (Reuters) - China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.
Mar 5, 2025
Trump says Japan, South Korea want to partner with U.S. in Alaska pipeline
Japan, South Korea, others may invest 'trillions' in pipelineJapan says higher US energy imports to benefit both nationsSouth Korea says will engage in talks with US on Alaska LNG WASHINGTON, March 4 (Reuters) - Japan, South Korea and other countries want to partner with the United States...
Mar 5, 2025
Nvidia-backed cloud firm CoreWeave to acquire AI developer platform Weights & Biases
Nvidia-backed NVDA.O CoreWeave said on Tuesday that it is acquiring AI developer platform Weights & Biases as the company seeks to extend its cloud platform ahead of its IPO.
Mar 5, 2025
Dollar falls, currencies volatile on trade war escalation
SINGAPORE, March 5 (Reuters) - The dollar dropped to a three-month low on Wednesday as markets reeled from a trade war triggered by U.S. President Donald Trump, who again vowed reciprocal tariffs in his first speech to Congress since taking office.
Mar 5, 2025
[Reuters Breakingviews] Europe will struggle to slip US economic chokehold
LONDON, March 5 (Reuters Breakingviews) - Over the past two decades, the United States has become highly skilled at waging economic warfare. Far from the front line of military battles, low-profile officials have used U.S. financial and technological dominance as potent foreign-policy weapons.
Mar 5, 2025
JGB yields march higher with focus on 30-yr bond auction
TOKYO, March 5 (Reuters) - Japanese government bond (JGB) yields rose on Wednesday, with caution pervading ahead of an auction for superlong duration bonds as market players continue to bet on additional interest rate hikes in Japan.
Mar 5, 2025
[Reuters Analysis] 'America First' brightens European outlook: McGeever
ORLANDO, Florida, March 4 (Reuters) - The divergence between U.S. and European stocks this year was epitomized by the perfect symmetry in their opposing fortunes on Monday: Germany's DAX surged 2.64%, while America's Nasdaq slumped 2.64%.
Mar 5, 2025
[Reuters Analysis] Trump exposes OPEC's diminished market power: Bousso
LONDON, March 5 (Reuters) - Is OPEC's iron grip on the oil markets a thing of the past? Events over the last 24 hours suggest power in the oil market has shifted to Washington from Riyadh - in part because of U.S. President Donald Trump and in part because of longer-term shifts.
Mar 5, 2025
Trump wants to kill $52.7 billion semiconductor chips subsidy law
WASHINGTON, March 4 (Reuters) - President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.
Mar 5, 2025
WRAPUP 9-Trump triggers trade war, price hikes with tariffs on Canada, China and Mexico
Tariffs on Canadian, Mexican, Chinese goods come into forceChina say it's ready for tariff war or 'any other type of war'Trump says more tariffs coming April 2U.S. Commerce chief says Trump may work out partial solutionCanada's Trudeau tells Trump, 'this is a very dumb thing to d...
Mar 5, 2025
[Reuters Analysis] Italy looks to foreigners as retail bond market loses steam
MILAN, March 5 (Reuters) - Italy's campaign to put more of its huge public debt in the hands of small domestic savers will grow increasingly difficult, analysts say, but foreign investors lured by Rome's political stability and improving finances can plug any funding gap.
Mar 5, 2025
[Reuters Analysis] Europe's airlines pivot to bite size M&A deals to limit cost, regulatory burden
LONDON, March 5 (Reuters) - Europe's major airlines are targeting smaller deals and tie-ups after facing regulatory push-back against full mergers, focusing on minority stakes to strengthen their position against rivals.Executives have called for further consolidation in European aviation market
Mar 5, 2025
WRAPUP 15-Trump says Ukraine willing to negotiate, Russia 'ready for peace'
Trump says Ukraine ready for peace talks, cites Zelenskiy letterTrump says "strong signals" Russia ready for peaceTrump, Zelenskiy say ready to sign minerals dealEuropean allies pressured as U.S. shifts stance on RussiaBy Erin Banco, Max Hunder and Olena Harmash WASHINGTON/KYIV, March 4 (...
Mar 5, 2025
DOGE website offers error-filled window into Musk's government overhaul
WASHINGTON, March 4 (Reuters) - A spartanly furnished web page with columns of numbers and bar charts on a dark background is the only official window into billionaire Elon Musk's effort to slash U.S. government spending and the size of the federal workforce. However, the view it offers of the cost-
Mar 5, 2025
Trump wants to kill $52.7 billion semiconductor chips subsidy law
WASHINGTON, March 4 (Reuters) - President Donald Trump said Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt."The CHIPS act is a horrible, horrible thin...
Mar 5, 2025
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
