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Japan's Topix hits record high on Wall Street rally, solid earnings
By Junko Fujita TOKYO, Aug 7 (Reuters) - Japan's Topix index touched a record high on Thursday, tracking strong overnight gains on Wall Street, while solid corporate earnings from domestic firms reinforced expectations of wage growth.The broader Topix .TOPX was up nearly 1% at 2,993.14, as of...
Reuters
Thu, Aug 7
Bank of Korea governor says US trade deal removes 'huge burden'
SEOUL, Aug 7 (Reuters) - South Korea's trade deal with the U.S. will "take a huge burden off" monetary policymakers at their upcoming meeting later this month, the country's central bank governor said on Thursday. "I thought we would be in a difficult situation if things went wro...
Reuters
Thu, Aug 7
Trump says new tariffs to take effect at midnight
Aug 6 (Reuters) - U.S. President Donald Trump said on Wednesday night that new tariffs would take effect at midnight, in a post on his social media platform Truth Social.
Reuters
Thu, Aug 7
Trump's higher tariff rates hit goods from major US trading partners
Higher tariffs likely to impact global supply chains and inflationSeveral major trading partners secure reduced tariff ratesTariffs increase US federal revenues, further sectoral duties possible By David Lawder and Andrea Shalal Aug 7 (Reuters) - President Donald Trump's higher tariff rates o...
Reuters
Thu, Aug 7
Apple Shares Surge 5% — $100 Billion U.S. Investment Secures Tariff Exemption, Company Back on Track
TradingKey - Apple (AAPL) posted its largest single-day gain in over three months, rising 5.09% to $213.25 on Wednesday, August 6, after CEO Tim Cook announced a massive new U.S. investment plan — effectively securing a tariff exemption from the Trump administration.
Apple Inc
TradingKey
Thu, Aug 7
South Korean shares climb as chipmakers shrug off US tariff threat
SEOUL, Aug 7 (Reuters) - Round-up of South Korean financial markets:** South Korean shares rose on Thursday, as heavyweight chipmakers advanced despite U.S. President Donald Trump...
Reuters
Thu, Aug 7
South Korea says Samsung, SK Hynix will not be subject to 100% US chip tariffs
SEOUL, Aug 7 (Reuters) - South Korea's top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics 005930.KS and SK Hynix 000660.KS will not be subject to 100% U.S. tariffs on chips. Yeo said on radio that among various countries, South Korea will face the most favourable U.S. tariff r...
Reuters
Thu, Aug 7
Australia's Neuren Pharmaceuticals hits one-year high on DAYBUE sales jump
Shares of Neuren Pharmaceuticals NEU.AX rise as much as 8.4% to A$18.440, their highest level since August 2, 2024. The drug developer says its North American partner Acadia Pharmaceuticals ACAD.O posts Q2 net sales of $96.1 million for DAYBUE™ (trofinetide), up 14% from a year ago
Reuters
Thu, Aug 7
Trump announces $100 billion new investment pledge from Apple
Apple brings total US investment commitment to $600 billionInvestment could help Apple sidestep potential iPhone tariffsAnnouncement helps Apple get on Trump's good side, analysts saidBy Andrea Shalal, Nandita Bose and Arsheeya Bajwa WASHINGTON, Aug 6 (Reuters) - President Donald Trump announ...
Reuters
Thu, Aug 7
US Treasury yield spike in short span fuels speculation about cause
NEW YORK, Aug 6 (Reuters) - A spike in U.S. Treasury yields across the curve in the late morning session on Wednesday caused speculation about what was behind the move.
Reuters
Thu, Aug 7
SoftBank's AI investment spree to be in focus on at Q1 earnings
TOKYO, Aug 7 (Reuters) - When Japan's SoftBank Group 9984.T reports earnings on Thursday, its mammoth investments in artificial intelligence companies are set to take the spotlight.
Reuters
Thu, Aug 7
Bank of England, facing jobs-inflation dilemma, poised to cut rates
LONDON, Aug 7 (Reuters) - The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about inflation are likely to split its policymakers and cloud the outlook for its next moves.
Reuters
Thu, Aug 7
Japan not exempt from tariffs above 15%, Asahi Newspaper reports
TOKYO, Aug 7 (Reuters) - The United States will add 15% tariffs on all Japanese imports without applying exceptions for items that already have tariff rates above 15%, the Asahi newspaper reported on Thursday, citing an unnamed White House official.
Reuters
Thu, Aug 7
Shopify delivers upbeat revenue forecast on resilient demand, shares surge
Q2 revenue tops Wall Street estimates with 31% riseExecutives say no slowdown or pull-forward in consumer demandMerchants have started to raise prices, CFO saysBy Deborah Mary Sophia Aug 6 (Reuters) - Shopify on Wednesday forecast upbeat quarterly revenue, saying there was no slowdown in consumer...
Reuters
Wed, Aug 6
McDonald's global sales top estimates as affordable meal options boost demand
Promotions boost U.S., international market demandFoot traffic outpaces QSR segment, Placer.ai data showsAdjusted net income rises 7% to $2.29 billion in the quarterRe-engaging low-income consumer is critical, CEO saysBy Savyata Mishra Aug 6 (Reuters) - McDonald's MCD.N second-quarter global...
Reuters
Wed, Aug 6
Novo Nordisk's Q2 Earnings Fall Short, Guidance Downgraded, Yet Goldman Remains Optimistic
TradingKey - On Wednesday, August 6th, Danish pharmaceutical giant Novo Nordisk released its Q2 2025 earnings report, revealing a sales growth that fell short of expectations and a significant downgrade in its full-year growth guidance.
Novo Nordisk A/S
TradingKey
Wed, Aug 6
BREAKINGVIEWS-US-India standoff is about more than Russian oil
By Una GalaniHONG KONG, Aug 5 (Reuters Breakingviews) - The standoff between the U.S. and India may well get worse before it gets better. Having slapped a 25% tariff on goods the South Asian country sends to America, Donald Trump is vowing to ratchet up the rate over the $4 trillion economy's pu...
Reuters
Wed, Aug 6
Shopify Soars 14% — AI-Powered Strategy Emerges as New Growth Engine
TradingKey - On August 6, ahead of U.S. market open, e-commerce giant Shopify (SHOP.US) released its second-quarter financial results for the period ended June 30, 2025.
Shopify Inc
TradingKey
Wed, Aug 6
TIMELINE-Trump's trade war: Tariff deadlines and key upcoming events
August 6 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only roiled global financial markets but also taken investors on a roller-coaster ride.
Reuters
Wed, Aug 6
Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC
Crypto analyst Mark Cullen has laid out the game plan for the Bitcoin price amid the flagship crypto’s choppy price action. Based on his analysis, BTC could either crash to $100,000 or rally to $122,000, close to its current all-time high (ATH) of $123,000. The Game Plan For The Bitcoin Price In an
NewsBTC
Wed, Aug 6
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