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Trump delays EU tariffs until July 9, European markets rally
US president grants extension request, European Commission chief says EU will move rapidlyEuro and US dollar rise against safe-haven currenciesBy Jeff Mason and Philip Blenkinsop BRUSSELS, May 25 (Reuters) - U.S. President Donald Trump backed away from his threat to impose 50% tariffs on imports ...Reuters
Mon, May 26
Japan's Nikkei rises for second day as trade fears ease, Nippon Steel jumps
TOKYO, May 26 (Reuters) - Japan's Nikkei share average extends gains to a second consecutive session on Monday as easing trade tensions between the United States and the European Union supported risk appetite.
Reuters
Mon, May 26
Trump's backing for Nippon's US Steel bid leaves key questions unanswered
TOKYO, May 26 (Reuters) - U.S. President Donald Trump's comments supporting Nippon Steel's 5401.T $14.9 billion bid for U.S. Steel X.N left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to muted gains for its shares on Monday.Reuters
Mon, May 26
China, Hong Kong stocks weaken as auto shares, Apple suppliers weigh
HONG KONG, May 26 (Reuters) - China and Hong Kong stocks retreated on Monday, with automobile and Apple suppliers leading the decline. ** At the midday break, the Shanghai Composite index .SSEC was down 0.3% at 3,338.42 points. China's blue-chip CSI300 index .CSI300 was down 0.7%.** In Hong Kong...
Asian currencies rise as US fiscal woes, policy shifts weigh on dollar
May 26 (Reuters) - Emerging Asian currencies firmed on Monday, aided by pressure on the dollar amid U.S. fiscal concerns, while risk appetite improved after U.S. President Donald Trump postponed his threat to impose 50% tariffs on EU goods by more than a month.Reuters
Mon, May 26
OpenAI to open office in Seoul amid growing demand for ChatGPT
SEOUL, May 26 (Reuters) - OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT service, the company said on Monday.South Korea has the largest number of paying ChatGPT subscribers after the United States...Reuters
Mon, May 26
Angry Musk for Tesla Comeback? “Iron Man” Musk: 7x24 at Work and Sleeping in Factory Rooms
TradingKey - As CEO Elon Musk shifts his focus back from the U.S. Department of Government Efficiency (DOGE) to Tesla’s core businesses — including Autopilot development and robotics — Tesla shares have accelerated their rebound. After reaffirming that he will remain CEO for the next five years...
TradingKey
Mon, May 26
Apple (AAPL) Stock Falls for 8th Straight Day — The Cost of Not Listening to Trump?
TradingKey - Amid escalating tariff threats and concerns over weakening product momentum, Apple (AAPL.US) has seen its stock fall for eight consecutive days, making it the only member of the “Magnificent Seven” tech giants to decline during a broader market rebound in May. Some observers are now...
TradingKey
Mon, May 26
Nippon Steel Shares Rise 5%, though Trump’s Approval of U.S. Steel Deal Still Uncertain
TradingKey - After U.S. President Donald Trump hinted at his support for a planned partnership between Nippon Steel and U.S. Steel, shares of Nippon Steel rose 5% on Monday, May 26. However, Trump’s vague wording suggests that this major acquisition may still face twists and turns ahead.
TradingKey
Mon, May 26
Shares in China-listed Apple suppliers fall after Trump's tariff threats
SHANGHAI, May 26 ((Reuters) - China-listed Apple supplier stocks lost ground on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones.Shares in Luxshare 002475.SZ, which assembles iPhones and makes AirPods, fell 2.2% while Chinese mobile screen maker Lens Tech 300433.SZ...Reuters
Mon, May 26
Nippon Steel shares climb 5% after Trump offers support for U.S. Steel deal
TOKYO, May 26 (Reuters) - Nippon Steel 5401.T shares rallied at the start of Monday trade in Tokyo after U.S. President Donald Trump expressed support for the company's $14.9 billion bid for U.S. Steel X.N.Shares of Nippon, the world's fourth-largest steelmaker, gained 5% to 3,025 yen early ...Reuters
Mon, May 26
Oil climbs after Trump extends EU trade talks deadline to July
SINGAPORE, May 26 (Reuters) - Oil prices gained in early Asian trade on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global economy and fuel demand.
Reuters
Mon, May 26
