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Apple shares lead tech higher after tariff exemptions
April 14 (Reuters) - Apple's AAPL.O shares rose over 6% in Frankfurt after the U.S. granted exclusions from tariffs on smartphones, computers and some other electronics imported largely from China.Other U.S. and European tech stocks listed in Frankfurt were also higher with Nvidia NVDA.O risisng...
Mon, Apr 14
Goldman Sachs raises end-2025 gold price forecast to $3,700/oz
April 14 (Reuters) - Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks. "If a recession occurs, ETF...
Mon, Apr 14
China's March exports jump in temporary boost as Trump 2.0 heaps pressure
BEIJING, April 14 (Reuters) - China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.
Mon, Apr 14
HKEX jumps most in 6 months on hope of return of overseas listings
Shares of Hong Kong Exchanges and Clearing (HKEX) 0388.HK jump 7.6% to HK$336, on course for the biggest one-day pct rise since October 2, 2024. Stock hits the highest since April 3, on track for fifth consecutive session of gai.n. Stock top pct gainer on Hang Seng Index.HSI and Hang Seng Finan...
Mon, Apr 14
TSMC first-quarter profit likely soared but Trump policies cloud outlook
TAIPEI, April 14 (Reuters) - TSMC 2330.TW, the main global producer of advanced chips used in artificial intelligence applications, is set to report a 54% leap in first-quarter profit on Thursday, though is also likely to flag risk from trade policies of U.S. President Donald Trump.
Mon, Apr 14
Tariffs on imported semiconductor chips coming soon, Trump says
Trump indicates new tariffs on smartphones, computers and some other electronicsTrade war has sparked most volatile markets in five yearsSenator Warren criticizes Trump's tariff policy as chaoticBy Jeff Mason, Doina Chiacu and Nathan Layne WASHINGTON, April 13 (Reuters) - U.S. President Donal...
Mon, Apr 14
Goldman Sachs expects oil prices to decline through 2026
April 14 (Reuters) - Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.The bank expects Brent and WTI oil prices to edge down, averaging $63 and $59 a barrel, respectively...
Mon, Apr 14
Japan's Nikkei trades higher as iPhone-related stocks jump
TOKYO, April 14 (Reuters) - Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.
Mon, Apr 14
China's Xi urges greater cooperation with Vietnam as trade tensions with US flare
Xi begins regional tour of Vietnam, Malaysia, Cambodia Visits come amid trade turmoil unleashed by Trump tariffsXi urges stronger industrial, supply chain cooperationSays must maintain international environment for open cooperationBy Liz Lee BEIJING, April 14 (Reuters) - Chinese President Xi Jinp
Mon, Apr 14
Japan braces for talks on yen, BOJ in trade negotiatons with US
TOKYO, April 11 (Reuters) - Japan is gearing up for trade negotiations with the United States that will likely touch on the thorny topic of currency policy, with some officials privately bracing for Washington to call on Tokyo to prop up the yen.
Mon, Apr 14
UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says
LONDON, April 14 (Reuters) - Britain's biggest companies adopted their most defensive stance since early 2020 in the run-up U.S. President Donald Trump's April 2 tariff announcements and focused on boosting cashflow, cutting costs and reducing borrowing, a survey showed on Monday.
Mon, Apr 14
WRAPUP 15-China retaliates again in Trump's trade war, prompting flight from US assets
Beijing raises tariffs again, says it will oppose US 'bullying'Bond prices fall, dollar weakens, gold hits record highTrump predicts stability once countries cut trade deals with USStocks recover but inflation and recession fears persist By Jeff Mason, Nandita Bose, Joe Cash and Karin Strohe...
Sat, Apr 12
Brent, WTI prices climb more $1 on possible Iran crude restriction
China imposes 125% tariff on US goods, escalating trade warEIA lowers global economic growth and oil demand forecastsBy Erwin Seba April 11 (Reuters) - Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the United States could end ...
Fri, Apr 11
Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth
April 11 (Reuters) - Wells Fargo's WFC.N profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday that U.S. tariffs risk slowing economic growth.
Fri, Apr 11
METALS-Copper rises on dollar weakness; US-China trade war remains in focus
By Polina Devitt LONDON, April 11 (Reuters) - Copper and other base metals were on track to finish a very volatile week on the rise in London on Friday, supported by a weaker dollar, though gains were capped by the potential for trade conflict between the U.S. and China to curb demand.Benchmark t...
Fri, Apr 11
Fed's Collins tells Yahoo Finance that markets are holding in for now
April 11 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday that financial markets, which have been under massive pressure, appear to be holding in, in comments made in an interview with Yahoo Finance. “Markets continue to function well,” the official said, adding “financ
Fri, Apr 11
US STOCKS-Wall St eyes higher open as big bank results roll in; China hits back with tariffs
April 11 (Reuters) - Wall Street's main indexes were set to open higher on Friday following earnings from big banks including JPMorgan, while markets also assessed the latest escalation in the trade war with China increasing its tariffs on U.S. imports to 125%.
Fri, Apr 11
Tesla stops taking new orders in China for two imported, US-made models
BEIJING, April 11 (Reuters) - Tesla TSLA.O has suspended taking new orders for Model S and Model X vehicles on its Chinese website, Reuters checks showed on Friday, as the world's two largest economies exchange blows in a trade war.Both models are made in the U.S. and imported to China. New orde...
Fri, Apr 11
CORRECTED-China's March Iranian oil imports surge on US sanctions fears
By Siyi Liu and Chen Aizhu SINGAPORE, April 10 (Reuters) - China's imports of Iranian oil surged in March as buyers stocked up amid worries that further U.S. sanctions on Tehran could tighten supplies, traders and analysts said.China's oil imports from Iran surpassed 1.8 million barrels p...
Fri, Apr 11
EUROPE GAS-Prices remain volatile amid tariff, gas storage target uncertainty
April 11 (Reuters) - Dutch and British gas prices are lacking clear direction on Friday morning but remain near recent multi-month lows as the market continues to grapple with the impact of the U.S. tariff-induced trade war on the global economy and as EU countries meet to discuss gas storage...
Fri, Apr 11
