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China exempts some goods from US tariffs

China exempts some U.S. imports from 125% tariffsBeijing seeks to mitigate economic fallout from trade warSome recent imports from US have not been subject to tariffs, AmCham says, citing membersBy Andrew Silver, Trixie Yap and Brenda Goh April 25 (Reuters) - China has exempted some U.S. imports ...
Fri, Apr 25

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Tariffs cast doubt on near-term demand for company's PC processorsNew CEO gives glimpses of plans to reanimate Intel's culture of innovationCompany has a lot of investments to make to catch up in AI, Stifel saysBy Zaheer Kachwala and Kanchana Chakravarty April 25 (Reuters) - Intel's I...
Fri, Apr 25

Alphabet climbs as AI bets drive ad strength, quelling market fears

By Deborah Mary Sophia April 25 (Reuters) - Alphabet GOOGL.O shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-...
Fri, Apr 25

Apple moving to make most iPhones for US in India rather than China, source says

Apple shifting production of iPhones for US mkt to India from ChinaAims for India to make most iPhones sold in US by end 2026 -sourceApple trying to navigate potentially higher US tariffs on ChinaBy Munsif Vengattil BENGALURU, April 25 (Reuters) - Apple AAPL.O aims to make most of its iPhones sol...
Fri, Apr 25

US bond funds attract first weekly inflow in six weeks

April 25 (Reuters) - U.S. bond funds recorded net inflows in the week through April 23 for the first time in six weeks, as a selloff in U.S. bond markets eased and investors grew hopeful about a potential de-escalation in the trade war between the U.S. and China.
Fri, Apr 25

Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports

April 25 (Reuters) - Tencent Music Entertainment Group 1698.HK is in advanced talks to buy China's largest online audio platform, Ximalaya Inc XIMA.N, for $2.4 billion, Bloomberg News reported on Friday, citing sources.
Fri, Apr 25

US STOCKS-Wall Street rises on signs of China's tariff relief, upbeat Alphabet results

April 25 (Reuters) - U.S. stock index futures jumped on Friday after signs China was prepared to soften its stance on tariffs, while better-than-expected quarterly results from heavyweight Alphabet lifted its shares and supported other technology stocks.
Fri, Apr 25

Intel offers weak forecast amid trade tensions as CEO talks to TSMC

April 24 (Reuters) - Intel INTC.O forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war.
Fri, Apr 25

Take Five: Trump's first 100 days

April 25 (Reuters) - Donald Trump is nearing the 100-day mark of his second presidency and investors are no closer to figuring out how to trade his policies, nor do central bankers have much clarity on how their economies may be affected.Additionally, earnings season is ramping up, there's cruci...
Fri, Apr 25

Gold falls as China mulls exempting tariffs on some US imports

April 25 (Reuters) - Gold prices fell more than 1% on Friday as China considered exempting certain U.S. imports from its tariffs, denting the precious metal's safe-haven appeal.
Fri, Apr 25

Trade tensions are giving Intel's older chips a second life

April 25 (Reuters) - A Sino-U.S. trade war that threatens Intel's revenue from its biggest market, China, has become an unlikely driver of demand for the embattled chipmaker's older generation of personal computer and server chips, company executives said on Thursday.
Fri, Apr 25

JGB yields rise as strong Tokyo inflation revives BOJ rate hike expectations

TOKYO, April 25 (Reuters) - Japanese government bond (JGB) yields rose across the curve on Friday after Tokyo's inflation hit a two-year high, reviving bets for the Bank of Japan's interest rate hikes. The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.35%, its highest since A...
Fri, Apr 25

7-Eleven owner says will need to cut costs as US tariffs hit consumer confidence

TOKYO, April 25 (Reuters) - Seven & I Holdings 3382.T, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in costs as U.S. consumers grapple with the impact of U.S. tariffs.
Fri, Apr 25

China, Hong Kong stocks head for second week of gains on tariff relief

HONG KONG, April 25(Reuters) - China and Hong Kong stocks rose on Friday and were heading towards second consecutive weekly gains, as sentiment stabilized after White House toned down its harsh stance on China despite no signal of concrete progress on trade deals.
Fri, Apr 25

Dollar drifts higher at end of volatile week of Trump backflips

Beijing denies Trump assertion that direct talks are underwaySigns of progress in negotiations with allies Japan, South KoreaDollar up slightly for the week, may snap four-week losing runBy Kevin Buckland TOKYO, April 25 (Reuters) - The dollar drifted higher on Friday, following small losses a da
Fri, Apr 25

Stocks, dollar eye weekly rise on Trump's tariff backdown

SINGAPORE, April 25 (Reuters) - Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China, despite no signal of detente.
Fri, Apr 25

China weighs exempting some US goods from tariffs, Bloomberg News reports

April 24 (Reuters) - China's government is considering suspending its 125% tariff on some U.S imports, Bloomberg News reported on Thursday.Chinese authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane, the report said, citing p...
Fri, Apr 25

Japan's Nikkei rises on Trump's tariff tone down, weaker yen

TOKYO, April 25 (Reuters) - Japan's Nikkei share average rose on Friday as investors scooped up technology stocks after the White House softened its trade stance and the yen weakened after talks between Japan-U.S. finance chiefs.The Nikkei .N225 was up 1.4% at 35,518.96 as of 0221 GMT. For the w...
Fri, Apr 25

Core inflation in Japan's capital hits 2-year peak, raising challenge for BOJ

Tokyo core CPI up 3.4%, above f'cast of 3.2% gainInflation excluding fresh food, fuel accelerates to 3.1% y/yHigh inflation makes BOJ's balancing act more challengingBy Makiko Yamazaki TOKYO, April 25 (Reuters) - Core inflation in Japan's capital accelerated to a two-year high in Apri...
Fri, Apr 25

Trump refutes China's claim of no trade talks

WASHINGTON, April 24 (Reuters) - President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that no discussions have taken place to ease the ongoing trade war.
Fri, Apr 25
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