News
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Goldman Sachs CEO says Trump tariffs are part of a plan to 'level the playing field'
SYDNEY, March 4 (Reuters) - U.S. President Donald Trump's decision to impose tariffs is part of a plan to "level the playing field" that he views as unfair, but the end result remains uncertain, Goldman Sachs chair and CEO David Solomon told a conference in Australia."The president f...Reuters
Tue, Mar 4
Japan's Nikkei drops over 1% on Wall Street losses, yen strength
TOKYO, March 4 (Reuters) - Japan's Nikkei share average fell more than 1% in early trade on Tuesday, dragged by overnight Wall Street declines and a stronger yen, with U.S. tariffs on Canada and Mexico to take effect as planned later in the day. The Nikkei .N225 dropped 1.3% to 37,287.73, as of ...Reuters
Tue, Mar 4
Oil prices fall 2% to 12-week low with OPEC+ set to increase output
US tariffs on Mexico and Canada due to take effect on TuesdayUS drawing up a plan that could give Russia sanctions reliefChina preparing countermeasures to US tariffsBritain talks about proposals for possible Ukraine ceasefireAdds latest pricesBy Scott DiSavino NEW YORK, March 3 (Reuters) - Oil p...Reuters
Mon, Mar 3
Tesla rises after leading Morgan Stanley's auto picks on AI potential
Tesla's TSLA.O shares rise 3.2% premarket to $302.31.Brokerage Morgan Stanley reinstates Tesla as their "top pick" in US Automotive sector, setting a $430 price target that implies over 50% upside, with a bull case scenario of $800.Reuters
Mon, Mar 3
Crypto stocks rally after Trump lays out plans for strategic reserve
Cryptocurrency and blockchain-related stocks rise before the bell after President Donald Trump sets plans for new U.S. strategic reserve.On Sun, Trump said in a post on Truth Social that bitcoin and ether will be at the heart of a new crypto reserve that would include a range of tokens such...
Reuters
Mon, Mar 3
Bessent’s Plausible or Pipe Dream: Inflation Will Drop Soon, the Real Estate Market Will Boom Soon
Although the prospect of a rebound in US inflation continues to trouble economists and the American public, US Treasury Secretary Scott Bessent said that a series of policies of Trump are expected to bring inflation back to the Federal Reserve's target of 2% soon.TradingKey
Mon, Mar 3
How Profitable is DeepSeek? Its Costs and Profits Are Unveiled: A Profit Margin of 545%!
While the U.S. tech giants are still burning money on AI, the DeepSeek has revealed astonishing details about its costs and profits, making over three million yuan in profit per day and boasting a profit margin of over 500%.TradingKey
Mon, Mar 3
JPY 150 Battle: Can the Yen's Appreciation Be Sustained? UBS Warns of Three Risks
Despite the continuous waves of news about US President Trump's tariffs, the exchange rate of the Japanese yen has continued to appreciate. It broke through the 150 mark for the first time in more than two months. Recently, UBS raised its target price for the Japanese yen in 2025 but warned that...
Bitcoin jumps 20% after Trump hints at new strategic reserve
Trump says bitcoin, ether will be at core of crypto reserveBitcoin, ether up from Friday's close Further rally depends on sources for the reserve, analyst saysRewrites lead paragraph, updates prices in 6-7, adds analyst comment in 14 SINGAPORE, March 3 (Reuters) - Bitcoin surged more than 20%...Reuters
Mon, Mar 3
EUROPE GAS-Prices rise amid Ukraine concerns, strong demand
LONDON, March 3 (Reuters) - Dutch and British wholesale gas prices rose on Monday morning as concerns over a peace deal for Ukraine and strong demand supported the market.The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was up 2.19 euros at 46.50 euros per megawatt hour (MWh)...Reuters
Mon, Mar 3
Cardano Founder Speaks Out Over Rumored White House Ties
Charles Hoskinson, founder of Cardano, has addressed swirling speculations regarding his potential ties to the White House. The rumors gained traction over the past few weeks due to several subtle hints by Hoskinson. Last week, Hoskinson announced the cancellation of his scheduled appearance at ETH
Bitcoinist
Mon, Mar 3
Ukraine expected to reduce gas imports by 11% on Monday
Ukraine will reduce natural gas imports by almost 11% to 13.8 million cubic metres (mcm) on Monday, down from 15.4 mcm on Sunday and a 26 mcm high in mid-February, data provided by the operator of the state-run gas transmission system showed.
Reuters
Mon, Mar 3
PRECIOUS-Gold firms on weaker dollar, Ukraine peace uncertainty
Dollar index falls from a more than two-week highU.S. Trump's auto tariffs may Updates with mid-session tradingBy Anushree Mukherjee and Anjana Anil March 3 (Reuters) - Gold prices edged up on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U...Reuters
Mon, Mar 3
US tariffs will likely dent growth prospects in Central Europe, S&P Global says
BUDAPEST, March 3 (Reuters) - U.S. President Donald Trump's proposal to impose 25% tariffs on imports from the European Union is likely to dent growth prospects in Central Europe, compounding existing fiscal challenges, S&P Global Ratings told Reuters.
Reuters
Mon, Mar 3
