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Japan's trade negotiator cancels US visit over tariff deal snag
Delay due to administrative issues, Tokyo says Japan, U.S. agreed broad tariff deal in JulyBut details on key investment pact remain unclearLevies dim outlook for world's fourth largest economyBy Mariko Katsumura and Yoshifumi TakemotoTOKYO, Aug 28 (Reuters) - Japan's top trade negotiator ca...Reuters
Thu, Aug 28
Gold Prices Soar — So Why Is the World’s Largest Gold Miner Cutting Jobs?
TradingKey - Despite gold prices hitting record highs, Newmont Corporation (NEM.US), the world’s largest gold miner, is under severe cost pressure and is now planning large-scale layoffs to reduce expenses.
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Thu, Aug 28
CRO Takes the Baton from OKB — Soars Over 80% Today, Hits Highest Level Since April 2022
On Thursday, August 28, Crypto.com’s native token CRO extended its rally, surging more than 80% intraday and breaking past $0.37, marking its highest price since April 2022. As of press time, CRO is trading at $0.3717.
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Thu, Aug 28
Australian dollar hits six-month high on kiwi as rate outlook diverges
SYDNEY, Aug 28 (Reuters) - The Australian dollar hit a fresh six-month high on the kiwi on Thursday as investors bet on diverging rate outlook between the two, while they struggled to claw back much ground against their U.S. counterpart. The Aussie hit a new high of NZ$1.1118 AUDNZD=R, with bulls no
Reuters
Thu, Aug 28
BOJ's Nakagawa says uncertainties remain high over impact of US tariff policies
TOKYO, Aug 28 (Reuters) - Bank of Japan board member Junko Nakagawa said on Thursday that uncertainties remain high over U.S. tariff policies and their impact on the Japanese and global economies.Nakagawa also underscored the importance of the results from the BOJ's upcoming "tankan" bus...Reuters
Thu, Aug 28
French political crisis carries steep economic risk, business leaders say
Centrist premier called confidence vote over budgetOpposition parties say they will vote Bayrou outOpinion polls show voters want snap electionsBy Tassilo Hummel and Elizabeth Pineau PARIS, Aug 27 (Reuters) - The French prime minister's decision to hold a confidence vote next month carries he...Reuters
Thu, Aug 28
Two-year yields lowest since May as traders price in rate cuts
Traders see 84% odds of Fed cut in SeptemberTreasury sees average demand for $70 billion five-year note auctionUS 5-, 30-year Treasury yield curve steepest since August 2021By Karen Brettell Aug 27 (Reuters) - Interest rate-sensitive two-year yields fell to an almost four-month low on Wednesday,Reuters
Thu, Aug 28
Toronto Stock Exchange closes at record high as bank earnings boost index
S&P/TSX composite index closed up 0.33% at 28,433 pointsGain in index mainly driven by RBC, which surged over 5%High oil price also boosted index as energy shares jumpedBy Nikhil Sharma and Promit Mukherjee Aug 27 (Reuters) - The Toronto Stock Exchange zoomed past its previous record on Wedne...Reuters
Thu, Aug 28
HP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgrade
By Jaspreet Singh Aug 27 (Reuters) - HP Inc HPQ.N beat Wall Street estimates for third-quarter revenue on Wednesday, driven by growing demand for artificial intelligence-powered personal computers and Windows 11 upgrade cycle.A strong PC refresh cycle is expected after Microsoft MSFT.O ends suppoReuters
Thu, Aug 28
Trump's doubling of tariffs hits India, damaging ties
Additional 25% tariff imposed as punishment for India buying Russian oilTariffs of up to 50% threaten Indian exporters and jobsFailed talks blamed on political misjudgment, missed signalsIndia should use crisis to further reform economy, analysts sayBy David Lawder and Manoj Kumar WASHINGTON/NEWReuters
Thu, Aug 28
Nvidia still growing, but China uncertainty clouds outlook
Nvidia forecasts Q3 revenue above Wall Street estimatesForecast assumes no H20 chip sales to ChinaAI demand at cloud providers boosts Nvidia's data center revenueBy Stephen Nellis, Arsheeya Bajwa and Max A. Cherney Aug 27 (Reuters) - Nvidia NVDA.O shares dipped on Wednesday as the fate of its...Reuters
Thu, Aug 28
24H｜Nvidia Drops 3%; CrowdStrike Sinks 4%; Snowflake Jumps 13%; Pure Storage Surges 16%
Nvidia dropped 3.1% in overnight trading. The world’s most valuable company gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending.Tiger News
Thu, Aug 28
Oil edges up on US crude stocks drop, impact of US tariffs on India
US crude stocks down by 2.4 million barrels: EIATrump's hefty India tariffs take effect US envoy to meet Ukrainian representatives in New YorkRussia plans higher August crude exportsBy Arathy Somasekhar HOUSTON, Aug 27 (Reuters) - Oil prices settled higher on Wednesday after data showed a...Reuters
Wed, Aug 27
Kohl's sharper focus on turnaround drives profit lift, shares surge
Shares up 20% in morning tradingQ2 EPS beats estimates on cost cutsNarrows annual sales targets, lifts margin forecastExecutives signal strong start to back-to-school seasonBy Juveria Tabassum and Sanskriti Shekhar Aug 27 (Reuters) - Kohl's KSS.N raised its annual profit forecast on Wednesda...Reuters
Wed, Aug 27
Dollar recovers despite Fed independence jitters; European stocks calm after French selloff
LONDON/SINGAPORE, Aug 27 (Reuters) - The U.S. dollar recovered on Wednesday even as investors worried about attacks on Federal Reserve independence, while European shares edged higher after a sharp drop the day before, with the focus now turning to earnings from AI leader Nvidia NVDA.O.Reuters
Wed, Aug 27
Meituan’s Food Delivery War Cracks as Q2 Profit Plummets 89% on Core Weakness and Expanding Losses
TradingKey - Fueled by “irrational competition” in the food delivery sector, Meituan (3690.HK) saw its Q2 2025 net profit crash 89% due to a surge in sales expenses. With its core local services business underperforming and new ventures deepening losses, the delivery giant faces mounting pressure on
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Wed, Aug 27
Bessent says everything on table in China trade talks -Fox Business
Aug 27 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that "everything is on the table" in trade talks with China and that he will be meeting again with his Chinese counterpart at the end of October or beginning of November.Reuters
Wed, Aug 27
