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Jerome Powell Speech Preview: Fed chair to address Congress as markets seek for insight on monetary policy
Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the Senate Banking Committee on Tuesday.Fxstreet
Tue, Feb 11
Thai PM orders study on impact of US trade policy on exports
Adds commerce minister comment in paragraph 9-10 BANGKOK, Feb 11 (Reuters) - Thailand's Prime Minister Paetongtarn Shinawatra has ordered a study on the potential impact of U.S. trade policy on Thai exports, an official said on Tuesday, underlining concerns that its trade surplus with Washing...Reuters
Tue, Feb 11
French alcohol exports weaken for second straight year in 2024
By Sybille de La Hamaide PARIS, Feb 11 (Reuters) - French wine and spirits exports fell for a second consecutive year in 2024, hit by weaker demand for premium vintages as the industry grapples with lower prices, a softer Chinese market and tariff threats, industry group FEVS said on Tuesday.Expo...Reuters
Tue, Feb 11
China's car sales post biggest drop in almost a year in January
Adds charts with no changes to text BEIJING, Feb 11 (Reuters) - China's car sales fell 12% in January from a year earlier, the first decline since September and the biggest drop in almost a year, as automakers braced for intense competition in the world's largest auto market.Passenger veh...Reuters
Tue, Feb 11
South Korea's acting president seeks talks with US on tariffs
SEOUL, Feb 11 (Reuters) - South Korea's acting President Choi Sang-mok on Tuesday said the government would seek talks with the U.S. administration on the tariffs Washington is imposing to reflect the interests of domestic companies. The CEOs of 20 major South Korean conglomerates plan to visit ...Reuters
Tue, Feb 11
Chinese car sales in January fall 12% from a year earlier
BEIJING, Feb 11 (Reuters) - China's car sales fell 12% in January from a year earlier to 1.81 million units, data from the China Passenger Car Association (CPCA) showed on Tuesday, as automakers brace for intensified competition in the world's largest auto market.Sales of electric vehicles a...Reuters
Tue, Feb 11
DP World CEO: Trump expects other markets to be open if US is
Adds background from paragraph 3 onwards DUBAI, Feb 11 (Reuters) - Dubai-owned ports and logistics company DP World's CEO Sultan Ahmed bin Sulayem said on Tuesday U.S. President Donald Trump expects other markets to be open if the United States is.Trump is looking for fair trade, not free tra...Reuters
Tue, Feb 11
DP World CEO: Trump expects other markets to be open if US' market is
DUBAI, Feb 11 (Reuters) - Dubai-owned ports and logistics company DP World's CEO Sultan Ahmed bin Sulayem said on Tuesday U.S. President Donald Trump expects other markets to be open if the market of the United States is.Trump is looking for fair trade, not free trade, he said during the World G...Reuters
Tue, Feb 11
Thai PM orders study on impact of US trade policy on exports
BANGKOK, Feb 11 (Reuters) - Thailand's Prime Minister Paetongtarn Shinawatra has ordered a study on the potential impact of U.S. trade policy on Thai exports, an official said on Tuesday, underlining concerns that its trade surplus with Washington could become an issue. Thailand had a surplus l...Reuters
Tue, Feb 11
Europe looks to embrace AI at Paris summit's 2nd day while global consensus unclear
Macron says France has clean energy for AI's power needsUS stance on AI summit statement remains uncertainEuropean Commission to announce new AI strategyBy Jeffrey Dastin and Elizabeth Howcroft Feb 11 (Reuters) - World leaders gathered on Tuesday for the second day and plenary session of the ...Reuters
Tue, Feb 11
Hong Kong will file complaint to WTO on US tariffs, official says
Adds quote and backgroundBy James PomfretHONG KONG, Feb 11 (Reuters) - Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city's status as a separate customs territory, chief secretary Eric Chan...Reuters
Tue, Feb 11
Hong Kong will file complaint to WTO on US tariffs, official says
HONG KONG, Feb 11 (Reuters) - Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organisation, claiming the U.S. has completely ignored the city's status as a separate customs territory, chief secretary Eric Chan said on Tuesday.Reuters
Tue, Feb 11
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Feb 11 (Reuters) - Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times reported on Tuesday. Price increases this year will be consistent with the bank's target, Man...Reuters
Tue, Feb 11
BoE's Mann: UK inflation less of a threat as corporate pricing power weakens
Bank of England Monetary Policy Committee member Catherine Mann said late Monday that companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, per the Financial Times.Fxstreet
Tue, Feb 11
