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[Reuters Breakingviews] Tame April CPI rise doesn't yet capture tariff impact
May 13 (Reuters) - U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods.The consumer price index CPI increased 0.2% last month after dipping 0.1% in March, which was the first decline since May 2020, the Labo
Wed, May 14
[Reuters Analysis] How China's chip equipment manufacturing sector stacks up
BEIJING, May 14 (Reuters) - SiCarrier, a Chinese chip equipment maker with close links to Huawei, has created a stir with the breadth of its planned product range.Its efforts to become a one-stop shop for all tools needed to semiconductors illustrate how the sector - st...
Wed, May 14
S&P 500, Nasdaq end higher on soft inflation data, trade optimism
May 13 (Reuters) - The S&P 500 and the Nasdaq closed higher on Tuesday for a second straight day after softer-than-expected inflation numbers added to investor optimism from Monday when the U.S. and China announced a trade truce.
Wed, May 14
Nvidia CEO's net worth nears $120 billion as shares surge on Saudi chip deal
May 13 (Reuters) - Nvidia NVDA.O CEO Jensen Huang's personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company's artificial intelligence chips has powered a steep rally in its shares.Nvidia hit $3 trillion in market value a...
Wed, May 14
UnitedHealth CEO leaves abruptly, company pulls forecast as shares sink
Former CEO Stephen Hemsley appointed as CEO after Witty's departureIndustry has been struggling with higher medical costs UnitedHealth expects to return to growth in 2026Shares fall over 15% to four-year low, drags down peersBy Sriparna Roy, Sneha S K May 13 (Reuters) - UnitedHealth Group U...
Tue, May 13
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Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook
Markets bullish on US-China tariff relief Increasing OPEC+ supply could weigh on prices Lower US inflation seen as positive for demandBy Erwin Seba HOUSTON, May 13 (Reuters) - Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a bett...
Tue, May 13
TREASURIES-U.S. 10-year yields retreat slightly after April CPI release
NEW YORK, May 13 (Reuters) - U.S. 10-year Treasury yields fell slightly on Tuesday after April's Consumer Price Index numbers were below forecast, showing a small immediate impact of the Trump administration's sharp import tariff rises announced early last month.
Tue, May 13
Japan's SoftBank Group books first annual profit in four years
Softbank makes first annual profit since year ended March 2020$500 Stargate data centre scheme largely unimpacted by tariffsYet to discuss financing of individual sites as due diligence continuesLater stage startup holdings perform well but early stage holdings suffer large falls in valueBy Anton Br...
Tue, May 13
REFILE-US consumer prices rise moderately in April
WASHINGTON, May 13 (Reuters) - U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the coming months as tariffs boost the cost of imported goods. The consumer price index CPI increased 0.2% last month after dipping 0.1% in March, which was the first decline...
Tue, May 13
China's JD.com beats quarterly revenue estimates
May 13 (Reuters) - Chinese e-commerce retailer JD.com 9618.HK topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Consumer demand in China has faced a series of hurdles in recent year...
Tue, May 13
GLOBAL MARKETS-Stocks edge up, dollar eases as trade-deal sugar rush fades
LONDON, May 13 (Reuters) - A rally in global stocks and the dollar lost some momentum on Tuesday, as initial euphoria over a trade truce between the United States and China gave way to investors' persistent concerns about the standoff's impact on the global economy.
Tue, May 13
China lifts Boeing delivery ban as tariff war cools, Bloomberg News reports
Boeing returned three new jets to the U.S. last month from ChinaBoeing deliveries to China can re-start, Bloomberg reports Boeing has said Chinese customers were refusing jet deliveries due to tariffs May 13 (Reuters) - China has removed a ban on airlines taking delivery of Boeing BA.N planes a...
Tue, May 13
[Reuters Analysis] US tariff pause on Beijing puts pressure on 'China-plus-one' countries
BEIJING/MEXICO CITY/HANOI, May 13 (Reuters) - A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a "China-plus-one" strategy by global producers.
Tue, May 13
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Shanghai copper rangebound as caution tempers US-China trade optimism
SINGAPORE, May 13 (Reuters) - Copper prices were rangebound on Tuesday, with the most-traded contract on the Shanghai Futures Exchange (SHFE) edging higher, as lingering caution tempered relief from a U.S.-China tariff truce aimed at easing trade tensions. The SHFE contract was up 0.1% at 78,090 yua
Tue, May 13
Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans
TOKYO, May 13 (Reuters) - Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.
Tue, May 13
Samsung launches slimmest smartphone as races against rival Apple
SEOUL, May 13 (Reuters) - Samsung Electronics 005930.KS made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple AAPL.O in the premium market.
Tue, May 13
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
TOKYO, May 13 (Reuters) - Japan's Nikkei share average jumped to the highest in almost three months on Tuesday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs, easing concerns that their trade war could trigger a global recession.
Tue, May 13
[Reuters Breakingviews] US-China truce cools down trade war, for now
HONG KONG, May 12 (Reuters Breakingviews) - Doomsday has been undone, for now. Forty days after President Donald Trump announced his reckless reciprocal tariffs in the White House Rose Garden, leading to a full-blown U.S.-China trade war with triple-digit levies...
Tue, May 13
Trump executive order demands pharma industry price cuts
WASHINGTON, May 12 (Reuters) - U.S. President Donald Trump signed a wide-reaching executive order on Monday directing drugmakers to lower the prices of their medicines to align with what other countries pay that analysts and legal experts said would be difficult to implement.
Tue, May 13
Apple considers raising iPhone prices, WSJ reports
May 12 (Reuters) - Apple AAPL.O is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.The technology giant's shares were up ...
Tue, May 13
