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Taiwan continues to 'communicate closely' on tariff talks with US
TAIPEI, June 3 (Reuters) - Taiwan continues to "communicate closely" with the United States on tariff talks, but cannot give more information at this point, the island's government said on Tuesday.Taiwan, a semiconductor powerhouse that runs a large trade surplus with the U.S., had been ...
Tue, Jun 3
Broadcom ships latest networking chip to speed AI
SAN FRANCISCO, June 3 (Reuters) - Broadcom AVGO.O has begun to ship its latest networking chip that aims to speed AI, the company said on Tuesday.
Tue, Jun 3
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US stock futures dip as investors await trade negotiations
June 3 (Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled financial markets for months.
Tue, Jun 3
Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus
LONDON, June 3 (Reuters) - The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that may offer a gauge of investor confidence in Britain's finances.Sterling was last down ...
Tue, Jun 3
LIVE MARKETS-Before the bell: futures up, more defence in STOXX indices
European shares were set to open just a touch higher on Tuesday, remaining within recent price ranges, as trade uncertainty kept gripping markets and traders prepared for another rate cut by the European Central Bank on Thursday.
Tue, Jun 3
PRECIOUS-Gold retreats from nearly 4-week peak as dollar recovers
Donald Trump and Xi Jinping to likely speak this week, White House saysTrump administration wants countries to detail tariff ratesBy Anmol Choubey June 3 (Reuters) - Gold slipped on Tuesday, retreating from a nearly four-week high, as a modest rise in the U.S. dollar weighed, although uncertainty...
Tue, Jun 3
Global oil refiners see short-term boost from higher margins
LONDON, June 3 (Reuters) - Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
Tue, Jun 3
LIVE MARKETS-Inflation to set the tone for ECB
The highlight for the European day on Tuesday will be flash euro zone inflation figures for May, which come ahead of an expected rate cut from the European Central Bank (ECB) later in the week.
Tue, Jun 3
Japan's Nikkei edges higher as chips gain; firmer yen sinks autos
TOKYO, June 3 (Reuters) - Japan's Nikkei share average edged up in early trading on Tuesday, with chip-related stocks tracking overnight gains in their U.S. peers.
Tue, Jun 3
China's factory activity cools in May as US tariffs hit
BEIJING, June 3 (Reuters) - China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.
Tue, Jun 3
METALS-London copper prices little changed; tariff concerns resurface
SINGAPORE, June 3 (Reuters) - London copper prices held steady as investors weighed a weaker U.S. currency and renewed concerns over the possible tariffs on the metal against support from declining inventories.
Tue, Jun 3
FOREX-Dollar holds near six-week low as trade war wears on US economy
TOKYO, June 3 (Reuters) - The dollar fell to a six-week low on Tuesday on signs of fragility in the U.S. economy because of damage from the trade war President Donald Trump's administration is waging.
Tue, Jun 3
Oil rises on Iran, Russia and Canada supply concerns
June 3 (Reuters) - Oil prices rose in early Asia trade on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, and with production in Canada hit by wildfires.
Tue, Jun 3
Oil finishes down on possible OPEC+ output hike
Brent and WTI down over 1% this weekOPEC+ could discuss bigger July output rise at Saturday meeting Trade uncertainty continues after US appeals court decisionBy Erwin Seba HOUSTON, May 30 (Reuters) - U.S. crude futures fell on Friday as traders expected OPEC+ would decide on Saturday to boost oi...
Fri, May 30
Volkswagen flags 'massive' US investments and says tariff talks constructive
Volkswagen in US tariff talks, flags more investmentsCEO Blume: talks are "fair" and "constructive"Blume hopes for quick deal BERLIN/FRANKFURT, May 30 (Reuters) - Volkswagen VOWG_p.DE wants to make more big investments in the United States, CEO Oliver Blume said in an interview wi...
Fri, May 30
METALS-Base metals fall as dollar firms, US tariff optimism fades
By Brijesh Patel May 30 (Reuters) - Industrial metals fell on Friday as the dollar strengthened and market optimism faded following a court ruling that reinstated the broadest tariffs imposed by U.S. President Donald Trump.Three-month copper on the London Metal Exchange CMCU3 was down 0.2% at $9,...
Fri, May 30
PRECIOUS-Gold heads for weekly loss as dollar ticks higher, US inflation report in focus
May 30 (Reuters) - Gold prices fell on Friday and were headed for weekly loss amid a slight uptick in dollar, while investors awaited a key U.S. inflation report that may provide further insight into the Federal Reserve's policy trajectory.
Fri, May 30
METALS-Base metals slip as dollar firms, US tariff optimism wanes
May 30 (Reuters) - Industrial metals fell on Friday as the dollar strengthened and market optimism faded following a court ruling that reinstated the broadest tariffs imposed by U.S. President Donald Trump.
Fri, May 30
Core inflation in Japan capital hits 2-year high, keeps rate hike chance alive
Tokyo core CPI rises 3.6% yr/yr in May vs f'cast +3.5%Index excluding fresh food, fuel up 3.3% yr/yr in MayServices inflation perks up, bodes well for rate-hike prospectFactory output slides in April as US tariff impact loomsData underscores sticky food inflation, more price hikes eyedBy Leika K...
Fri, May 30
Japan's Nikkei falls as court battle over US tariffs weighs
TOKYO, May 30 (Reuters) - Japan's Nikkei share price average fell on Friday, weighed down by uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs as well as a stronger yen which hurt exporters.
Fri, May 30
