News
Important Only
Tokyo braces for Trump trade war fallout — Suntory and Sony scramble to build up US supplies
US president Donald Trump stated Monday that “Japan, China, and other places are killing their currency,” calling the practice “unfair” and fueling concern that trade-war style tariffs might soon be focused on Tokyo. Suntory and Sony are two Japanese giants already making moves to stave off...
Cryptopolitan
Thu, Mar 6
Citi predicts ex-US copper prices to fall to $8,500/mt in Q2 2025
March 6 (Reuters) - Citi expects ex-U.S. copper pricing to fall to $8,500 per metric ton (mt) in the second quarter of this year as investors unwind copper positions due to tariff headwinds, it said in a note on Thursday.Reuters
Thu, Mar 6
Coinbase makes another effort to launch tokenized securities in the US stock market
Coinbase is making another attempt to launch tokenized securities in the US stock market, a plan it first pitched in 2020 but never got off the ground. With president Donald Trump’s administration changing regulatory attitudes, a new SEC crypto task force in place, Coinbase is mapping out its...
Cryptopolitan
Thu, Mar 6
[Reuters Breakingviews] Panama deal puts CK Hutchison in a sea change
HONG KONG, March 6 (Reuters Breakingviews) - Hong Kong's most famous dealmakers are overdue a big purchase - if geopolitics don't get in the way. Li Ka-shing's infrastructure empire, CK Hutchison 0001.HK, has agreed to sell its port operations spanning 23 countries to a consortium led by BlackRock.Reuters
Thu, Mar 6
Crypto Strategist Forecasts Sharp Vertical Move to $7200 for ETH, But Why Does He Say Mutuum Finance (MUTM) is a Better Investment?
Ethereum market charts exhibit bat patterns matching its previous market booms as analysts predict the Ethereum price will reach $7,200 by 2025. The platform at Mikybull Crypto detected historical similar patterns from when Ethereum broke out in February 2024 shortly before the 300% price jump...Cryptopolitan
Thu, Mar 6
Gold price consolidates near one-week top amid trade jitters, bearish USD
Gold price (XAU/USD) trades with a positive bias during the Asian session on Thursday and remains close to a one-week high touched on the previous day, though it lacks follow-through buying. Investors remain concerned about US President Donald Trump's tariff measures, which continue to act as a...
Fxstreet
Thu, Mar 6
EUR/USD maintains position around 1.0800 ahead of ECB policy decision
EUR/USD remains steady after registering gains for the last three consecutive sessions, hovering around 1.0790 during Thursday’s Asian trading hours. However, the Euro may face headwinds as the European Central Bank (ECB) is widely expected to implement another 25 basis point rate cut later in the..
Fxstreet
Thu, Mar 6
EMERGING MARKETS-Asian stocks, currencies rise on China stimulus
March 6 (Reuters) - Most emerging Asian equities and currencies gained on Thursday after China unlocked more fiscal stimulus, while investors held out hope for a rollback in tariffs after U.S. President Donald Trump exempted some automakers from levies for a month.
Reuters
Thu, Mar 6
Trump exempts some automakers from Canada, Mexico tariffs for one month
WASHINGTON/OTTAWA, March 5 (Reuters) - U.S. President Donald Trump will exempt automakers from his punishing 25% tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday, a development that halted at least for now Wall StreetReuters
Thu, Mar 6
Senate Republicans push to codify DOGE cuts after Musk meeting
WASHINGTON, March 5 (Reuters) - U.S. Senate Republicans pushed for the U.S. Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold payments to foreign aid organizReuters
Thu, Mar 6
Canada open to reduce its tariff retaliation if US offers more exemptions, source says
OTTAWA, March 5 (Reuters) - Canada is willing to reduce its retaliation to U.S. tariffs if the Trump administration drops some of the tariffs it has imposed, a Canadian government source said on Wednesday.Negotiations between Ottawa and Washington were continuing, and no deal had yet been reached, tReuters
Thu, Mar 6
Japan’s Top FX Diplomat Mimura says seeing an increase in trade protectionism, such as tariffs
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange diplomat, said on Thursday that the officials are seeing an increase in protectionism, such as tariffs.Fxstreet
Thu, Mar 6
White House Crypto Summit Attendee List Updated! Crypto.com and Ripple Executives Added, Cardano Co-Founder Surprisingly Excluded!
The list of industry leaders invited to the first White House Crypto Summit has been updated, with Crypto.com CEO and Ripple CEO newly added. However, Cardano co-founder Charles Hoskinson was notably excluded.
EXCLUSIVE-After Trump's tariffs, Mexico seeks Asian and European crude oil buyers
MEXICO CITY, March 6 (Reuters) - Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after U.S. President Donald Trump imposed tariffs on imports, a senior Mexican government official said.
Reuters
Thu, Mar 6
