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Dollar slides as traders rush into safe havens after US tariffs
SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday, while the euro was steady after U.S. President Donald Trump announced more aggressive-than-anticipated tariffs against major trading partners, jolting the markets as investors sought safe haven yen and Swiss franc.
Thu, Apr 3
Tesla quarterly sales plunge as Musk backlash grows
Tesla's sales drop to the weakest in nearly three years Sales decline was more pronounced than analysts' expectationsTesla faces competition from BYD, Volkswagen, and BMWShares fall 7% in after-market trading after Trump tariff announcementBy Akash Sriram and Abhirup Roy April 2 (Reuters)...
Thu, Apr 3
Trump's tariffs send markets reeling, amid trade war and recession fears
Trump announced 10% tariff on all importsTrumps sets higher reciprocal tariffs on many US trading partnersUS stock futures down 3.4%; yen, gold up By Saqib Iqbal Ahmed, Nupur Anand and Laura Matthews NEW YORK, April 2 (Reuters) - President Donald Trump's new tariffs announced on W...
Wed, Apr 2
Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
April 2 (Reuters) - Chinese companies including ByteDance, Alibaba Group 9988.HK and Tencent Holdings 0700.HK have placed at least $16 billion in orders for Nvidia's NVDA.O H20 server chips in the first three months of the year, the Information reported on Wednesday, citing two people with direc...
Wed, Apr 2
[Reuters Analysis] Tariff shock less worrying than slow burn : Mike Dolan
By Mike Dolan LONDON, April 2 (Reuters) - The still mysterious U.S. tariff sweep coming on Wednesday makes it tough for investors to see much beyond this week, but the real risk is more of a slow-burning U.S. market decline on some open-ended plan - seeding months more of uncertainty rather than ...
Wed, Apr 2
CORRECTED-Japan's Nikkei ekes out gain in countdown to Trump tariffs
By Kevin Buckland TOKYO, April 2 (Reuters) - Japan's Nikkei share average ended Wednesday with a small rise after swinging between gains and losses, as traders positioned for U.S. President Donald Trump's tariffs.The Nikkei .N225 finished up 0.28% at 35,725.87. Earlier, it had slipped 0.5...
Wed, Apr 2
[Reuters Analysis] Trump uses power against foes unlike any other modern US president
WASHINGTON, April 2 (Reuters) - In just 10 weeks in office, Donald Trump has imposed his will on perceived adversaries in business, politics, the media and allied nations by leveraging power in ways no other modern U.S. president has tried.
Wed, Apr 2
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Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
White House closely guarding details of tariffs for major US trading partnersTrump aims to match countries' tariff rates, offset other barriers White House tariff announcement planned for 4 p.m. EDT/2000 GMTNew duties to stack on top of Trump's tariffs on cars, metals, Chinese goods By David...
Wed, Apr 2
Venezuela's oil exports fall 11.5% over US tariffs and sanctions, shipping data show
April 1 (Reuters) - Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data a
Wed, Apr 2
Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Wed, Apr 2
White House says Trump will go ahead with tariffs as nervous world awaits trade war
WASHINGTON, April 1 (Reuters) - The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriersthat have businesses, consumers and investors fretting about an intensifying global trade war
Wed, Apr 2
Gold prices climb on safe-haven demand ahead of US reciprocal tariffs
April 2 (Reuters) - Gold prices advanced on Wednesday as anxious investors flocked to the safe-haven metal, bracing for announcements on U.S. reciprocal tariffs that could escalate the global trade war.
Wed, Apr 2
White House to hold meeting on TikTok
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban, a White House official told Reuters.
Wed, Apr 2
US STOCKS-S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo
April 1 (Reuters) - The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration.
Wed, Apr 2
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
April 1 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Tuesday.
Wed, Apr 2
Tesla sales rout in Europe deepens amid anti-Musk protests
Sales in France, Sweden, Denmark, Netherlands fall for 3rd straight monthMusk's involvement in politics has stirred controversyTesla due to release Q1 sales data on WednesdayEV maker launching new version of popular Model Y Some showrooms vandalised in Stockholm, BerlinBy Alessandro Parodi Ap...
Tue, Apr 1
METALS-Copper hits lowest in nearly three weeks on tariff angst
By Eric Onstad LONDON, April 1 (Reuters) - Copper prices slipped to their lowest in nearly three weeks on Tuesday, on course for a fifth consecutive session of losses as uncertainty over U.S. tariffs outweighed positive data from top metals consumer China.Benchmark three-month copper CMCU3 on the...
Tue, Apr 1
OpenAI to raise $40 billion in SoftBank-led round to boost AI efforts
By Jaspreet Singh and Harshita Mary Varghese March 31 (Reuters) - OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group 9984.T at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.The Japanese t...
Tue, Apr 1
Wall Street closes out bruising quarter as outlook remains murky
NEW YORK, March 31 (Reuters) - As Wall Street draws the curtain on a tumultuous quarter in which stocks logged a record high before tumbling into correction, investors are faced with a mountain of policy uncertainty that clouds the outlook for coming quarters.
Tue, Apr 1
Russian order slashes Kazakh oil export capacity amid OPEC+ row
MOSCOW, April 1 (Reuters) - Russia has ordered Kazakhstan's main oil export terminal, which handles crude pumped by U.S. majors Chevron CVX.N and Exxon Mobil XOM.N, to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production.
Tue, Apr 1
