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French stocks, bonds tumble as government faces potential collapse
LONDON, Aug 26 (Reuters) - The prospect that France's minority government could collapse soon triggered a sharp selloff in French stocks and bonds on Tuesday, pushing political risks from the euro zone's second biggest economy back to the forefront of investors' minds.
Tue, Aug 26
Light hedging leaves Indian importers vulnerable to U.S. tariffs fallout
MUMBAI, Aug 26 (Reuters) - With punitive U.S. tariffs about to take effect on Wednesday, most Indian companies remain light on hedges, data from a clearing house shows, increasing their exposure to rupee fluctuations.
Tue, Aug 26
Japan's Nikkei ends at over 2-week low as yen gains after Trump fires Fed's Cook
TOKYO, Aug 26 (Reuters) - Japan's Nikkei share average ended at a more than two-week low on Tuesday, as the yen strengthened after U.S. President Donald Trump fired a Federal Reserve governor.
Tue, Aug 26
UK 30-year gilt yields rise to highest since April 9 as Treasuries sell off
LONDON, Aug 26 (Reuters) - British 30-year government bond yields GB30YT=RR surged on Tuesday to their highest since April 9, as they tracked a rise in U.S. Treasuries after President Donald Trump said he was firing Federal Reserve Governor Lisa Cook.Thirty-year gilt yields rose more than 8 basis po
Tue, Aug 26
Japan's 10-year bond yield at 17-year high, pressured by super-long yields
TOKYO, Aug 26 (Reuters) - Japan's 10-year bond yield hit a 17-year high on Tuesday, as the market weighed upward pressure on super-long bond yields, which rose to record high levels in recent months.
Tue, Aug 26
FOREX-Dollar jolted lower after Trump fires Fed's Cook
SINGAPORE, Aug 26 (Reuters) - The dollar skidded in a volatile session on Tuesday after U.S. President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position, seen by markets as a fresh jab at the central bank's independence.
Tue, Aug 26
South Korean firms pledge $150 billion in US investments at summit
SEOUL, Aug 26 (Reuters) - South Korea touted a broad range of U.S. investment plans by its companies at Monday's summit between U.S. President Donald Trump and South Korean President Lee Jae Myung, spanning shipbuilding, nuclear energy, aerospace, energy and critical minerals.
Tue, Aug 26
India braces for export hit as steep new US tariffs loom
By Swati Bhat and Manoj Kumar MUMBAI/NEW DELHI, Aug 26 (Reuters) - Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian ...
Tue, Aug 26
South Korea eyes non-binding deal to steer $350 bln U.S. investments
SEOUL, Aug 26 (Reuters) - A top South Korean official said on Monday that the U.S. and South Korea had decided to establish a non-binding agreement to define the operation and structure of $350 billion in investment funds agreed as part of a July trade deal.
Tue, Aug 26
Korean Air makes airline's biggest-ever Boeing jet order amid Trump-Lee summit
Korean Air's $50 billion order includes 103 Boeing planes, GE enginesOrder coincides with South Korean president's visit to WashingtonDeal aids Korean Air's expansion and integration with Asiana AirlinesBy David Shepardson WASHINGTON, Aug 25 (Reuters) - Korean Air 003490.KS announced ...
Tue, Aug 26
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[Reuters Analysis] New US home sales fall as high borrowing costs stifle housing demand
New home sales fall 0.6% in July; June sales upgradedNew housing inventory falls to a still-high 499,000 units Median new house prices drops 5.9% to $403,800 from year ago By Lucia Mutikani WASHINGTON, Aug 25 (Reuters) - Sales of new U.S. single-family homes fell in July following a sharp upward
Tue, Aug 26
[Reuters Analysis] Trump wants more deals like Intel's, worrying business community
Critics warn government stakes limit corporate strategy, market agilityAnalysts question how Intel deal will affect customersWhite House says US needs to develop more production capacity in critical industries Trump weighs in on issues from Apple and chipmakers to jeansBy David Gaffen WASHINGTON,
Tue, Aug 26
Elon Musk's xAI sues Apple and OpenAI over AI competition, App Store rankings
xAI accuses Apple and OpenAI of monopolistic practicesxAI seeks billions in damages from Apple and OpenAILawsuit could define AI market in antitrust litigationBy Mike Scarcella Aug 25 (Reuters) - Billionaire entrepreneur Elon Musk’s artificial intelligence startup xAI sued Apple AAPL.O and ChatGP
Tue, Aug 26
South Korea companies to invest $150 billion in US, Yonhap says
SEOUL, Aug 26 (Reuters) - South Korean companies will invest around $150 billion in the United States, Yonhap news agency reported on Tuesday, citing Ryu Jin, chairman of the business group Federation of Korean Industries.
Tue, Aug 26
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil Aug 26 (Reuters) - Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact on fuel supplies from the region.Brent crude futures LCOc1 fell 16 cents, or 0.
Tue, Aug 26
Trump wants to meet North Korea's Kim this year, he tells South Korea
North Korea's Kim has ignored call for Trump talksSouth Korea's President Lee met with Trump on trade, securityKorean Air to buy 103 Boeing aircraftBy Steve Holland, Hyunjoo Jin, David Brunnstrom and Trevor Hunnicutt WASHINGTON/SEOUL, Aug 25 (Reuters) - U.S. President Donald Trump said on...
Tue, Aug 26
Trump says he is removing Fed Governor Cook
WASHINGTON, Aug 25 (Reuters) - U.S. President Donald Trump said on Monday he was removing Federal Reserve Governor Lisa Cook from her position on the Fed's board of directors.Trump made the announcement in a letter to Cook that he posted on social media.
Tue, Aug 26
Databricks eyes over $100 billion valuation as investors back AI growth plans
Databricks' valuation set to rise 61% in new funding roundExisting investors Thrive Capital and a16z are set to double downDatabricks is one of the most valuable private companies By Pritam Biswas, Ateev Bhandari and Krystal Hu Aug 19 (Reuters) - Analytics firm Databricks said on Tuesday its ...
Mon, Aug 25
Orsted shares sink to record lows after US halts wind farm off Rhode Island
Orsted shares drop 17% after US halts wind farm projectOrsted's project was 80% complete Orsted plans $9.4 billion rights issue despite setbackDenmark's strained US relations may hinder diplomatic effortsGovernors criticize suspension, pledge to reverse orderBy Stine Jacobsen, Jacob Gronholt...
Mon, Aug 25
Jefferies raises S&P 500 annual target to 6,600 on resilient earnings
Aug 25 (Reuters) - Jefferies raised its year-end target for the S&P 500 .SPX index to 6,600, citing robust second-quarter corporate earnings, easing concerns about the health of the U.S. economy.
Mon, Aug 25
