News
Important Only
UK 10-year gilt yields rise after German parties propose big spending plan
LONDON, March 5 (Reuters) - British government borrowing costs climbed on Wednesday following a selloff in long-dated German bonds after the parties aiming to form the country's new government said they wanted to relax debt rules to allow for higher spending. The two parties likely to lead Ge...Reuters
Wed, Mar 5
Germany could keep top credit score despite vast spending plan, analyst says
BERLIN, March 5 (Reuters) - Germany could keep its top credit score despite a financial package worth hundreds of billions of euros planned by the parties hoping to form the country's next government, a Scope analyst told Reuters on Wednesday.The conservatives and the Social Democrats (SPD) agre...Reuters
Wed, Mar 5
UK services job cuts intensify before employment tax hike, PMI survey shows
By Suban Abdulla LONDON, March 5 (Reuters) - British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey showed on Wednesday.The preliminary reading of the UK S&P Composite Purchasing Mana...Reuters
Wed, Mar 5
Trump says the US will impose its reciprocal tariffs on April 2
President Donald Trump announced on Tuesday night that the United States will begin enforcing reciprocal tariffs on April 2, planning to match the trade barriers imposed by Europe, China, India, Mexico, and Canada.Cryptopolitan
Wed, Mar 5
ANALYSIS-Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat
For the first time, Trump hints at Japan-aimed dutiesSome companies shift production to United StatesOthers ship inventory, split supply chainsTariff expertise in demand, recruiter saysBy Tim Kelly, Kentaro Okasaka and Rocky Swift TOKYO, March 5 (Reuters) - Japanese electronics giant Sony and dri...Reuters
Wed, Mar 5
Poland - Factors to Watch March 5
WARSAW, March 5 - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 1 hour):PARLIAMENTDuring the session of the Polish parliament starting on Wednesday, Prime Minister Donald Tusk is to present information on Poland's security, the PA...Reuters
Wed, Mar 5
WRAPUP 3-China ramps up stimulus to guard economy from changes 'unseen in a century'
Growth target set at about 5%; debt, deficit to risePremier Li Qiang notes global changes "unseen in a century"Li pledges to "vigorously boost" sluggish consumptionBy Antoni Slodkowski, Laurie Chen, Jing Xu and Eduardo Baptista BEIJING, March 5 (Reuters) - China unlocked more fisc...Reuters
Wed, Mar 5
Japan PM asserts defence budget independence amid US nominee's push for higher spending
TOKYO, March 5 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Wednesday that other nations do not decide its defence budget after U.S. President Donald Trump's nominee for a top Pentagon policy role called for Tokyo to spend more to counter China. "Japan decides its defenc...Reuters
Wed, Mar 5
