News
Important Only
Beijing boosts AI startup Manus, as China looks for the next DeepSeek
BEIJING, March 21 (Reuters) - Chinese artificial intelligence startup Manus on Thursday registered its China-facing AI assistant and was featured for the first time in a state media broadcast, highlighting Beijing's strategy of boosting domestic AI firms that have received overseas recognition.S...Reuters
Fri, Mar 21
Detailed Analysis of Trump's Tariffs: GDP Foots the Bill, Trump’s ‘Rich Again’ Vision Falls Flat?
TradingKey — Since taking office, U.S. President Donald Trump has relentlessly wielded tariff measures, escalating their scope and intensity compared to his first term. Economists predict that Trump’s tariff policies will not only disrupt global trade patterns externally but also fail to align...
EUROPE GAS-Prices rise after reports of strike on Sudzha gas metering station
LONDON, March 21 (Reuters) - Dutch and British wholesale gas prices rose on Friday morning after reports of a strike on the Sudzha gas metering station which used to be the entry point for Russian gas to be transported by pipeline to Europe via Ukraine.Reuters
Fri, Mar 21
Japan's Topix ends at 8-month high as inflation data lifts banks
TOKYO, March 21 (Reuters) - Japan's Topix .TOPX index ended at an eight-month high on Friday as banks gained after stronger-than-expected inflation data, even as it pared most of its gains by the close, dragged down by worries over the impact of U.S. tariffs.Reuters
Fri, Mar 21
Pound Sterling corrects further against US Dollar as Fed maintains restrictive policy stance
The Pound Sterling (GBP) extends correction to near 1.2920 against the US Dollar (USD) in European trading hours on Friday. The GBP/USD pair weakens as the US Dollar extends recovery amid growing expectations that the Federal Reserve (Fed) will not cut interest rates soon. The US Dollar Index (DXY),
Fxstreet
Fri, Mar 21
PRECIOUS-Gold set for third weekly gain on global uncertainties, rate cut hopes
Gold hit record high of $3,057.21 per ounce on ThursdaySpot gold up about 1.5% for the week so farSilver, platinum, palladium poised for weekly declinesBy Anjana Anil March 21 (Reuters) - Gold prices were on track for a third straight weekly gain on Friday, aided by the U.S. Federal Reserve's...Reuters
Fri, Mar 21
Tesla trade-ins on pace for record high amid Musk backlash
SAN FRANCISCO, March 20 (Reuters) - Motorists have traded in a record number of Tesla TSLA.O electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk's work as an adviser to U.S. President Donald Trump.
Reuters
Fri, Mar 21
Bank of England raises prospect of pause in rate cuts as uncertainty mounts
LONDON, March 20 (Reuters) - The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep uncertainty hanging over the British and world economies.Reuters
Fri, Mar 21
Trump trade upheaval leaves foreign central banks guessing
WASHINGTON/LONDON, March 20 (Reuters) - Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a drag on the rest of the world as foreign central banks and others confront the spillovers from President Donald Trump's fast-moving effort to rewReuters
Fri, Mar 21
JGB yields edge up as strong inflation data raises BOJ's rate hike bets
TOKYO, March 21 (Reuters) - Japanese government bond (JGB) yields edged up on Friday, as stronger-than-expected domestic inflation data raised bets for the Bank of Japan's interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose 0.5 basis point (bp) to 1.520% and the five-year yield JP5YTN...
Reuters
Fri, Mar 21
FedEx cuts full-year results forecast on 'uncertainty' in economy, bad weather
March 20 (Reuters) - FedEx Corp FDX.N lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes tariffs on trading partners.
Reuters
Fri, Mar 21
Elon Musk issued summons in SEC case over Twitter stake disclosure
March 20 (Reuters) - Elon Musk, the world's richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission's lawsuit against him, a court filing on Thursday showed.A process server gave the civil summons and other ...Reuters
Fri, Mar 21
PRECIOUS-Gold unchanged near record high as global uncertainties raise demand
March 21 (Reuters) - Gold held steady on Friday to trade below its record high hit in the previous session, supported by safe-haven demand arising from geopolitical and economic uncertainty, while the Federal Reserve's hint at rate cuts this year also fostered appeal.FUNDAMENTALS* Spot gold XAU=...Reuters
Fri, Mar 21
