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South Korea officials to meet US commerce secretary again for tariff talks
South Korea in race to clinch trade deal by August 1 Industry minister latest in flurry of Washington meetingsSeoul 'very, very' much wants deal after US-Japan one -LutnickBy Jack Kim and Ju-min Park SEOUL, July 25 (Reuters) - South Korea's Industry Minister Kim Jung-kwan and top trad...Reuters
Fri, Jul 25
"Economic Heart Attack" Imminent: Dalio Warns US Has 3 Years to Curb Deficits or Face Catastrophe
TradingKey - On July 24, Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, issued an urgent warning via social platform X: "If the U.S. does not immediately act to reduce its fiscal deficit, it could face a systemic crisis akin to an 'economic heart attack' within three yeTradingKey
Fri, Jul 25
Intel Q2 Revenue Up But Profits Stagnate: Can Razor-Thin Q3 Guidance Break Downward Spiral?
TradingKey - On July 25, Intel (INTC) reported its second-quarter earnings, with revenue exceeding market expectations. Still, net income and earnings per share (EPS) fell short due to impairment charges and one-time costs.
TradingKey
Fri, Jul 25
Volkswagen lowers guidance as tariffs hit profit in second quarter
BERLIN, July 25 (Reuters) - Volkswagen VOWG.DE on Friday gave its first assessment of how U.S. President Donald Trump's trade war with Europe is expected to impact its 2025 earnings after tariffs dealt a blow to the German auto giant's operating profit in the second quarter.Reuters
Fri, Jul 25
Benchmark JGBs muted, set for 5th weekly fall on political, fiscal woes
TOKYO, July 25 (Reuters) - Benchmark Japanese government bonds (JGBs) were muted on Friday, but remained on course for a fifth straight week of declines as concerns deepened over political instability and the country's finances.Reuters
Fri, Jul 25
Nikkei falls as traders lock in gains after US trade deal rally
TOKYO, July 25 (Reuters) - Japan's Nikkei share average dropped on Friday, halting a two-day advance that brought the index to the brink of a record, as traders locked in gains spurred by a newly inked trade deal with the United States.Reuters
Fri, Jul 25
Core inflation in Japan's capital stays above BOJ target in July
Tokyo July core CPI rises 2.9% yr/yr vs f'cast +3.0%Index excluding fresh food, fuel rises 3.1% yr/yr in JulyBOJ to revise up this year's price forecast at quarterly reviewBOJ to hold policy meeting July 30-31, rates seen on holdBy Leika Kihara TOKYO, July 25 (Reuters) - Core consumer inf...Reuters
Fri, Jul 25
Weyerhaeuser reports 50% drop in second-quarter profit on weak lumber demand
July 24 (Reuters) - U.S. timber company Weyerhaeuser WY.N reported a 50% drop in second-quarter profit on Thursday, hurt by continued weakness in commodity wood product pricing and softer demand across key end markets.
Reuters
Fri, Jul 25
Puma expects a loss this year due to falling sales, US tariffs
July 24 (Reuters) - German sportswear brand Puma PUMG.DE expects to make a loss this year, it said on Thursday, slashing its financial outlook due to weaker sales and an expected hit to gross profit from the impact of U.S. tariffs.Reuters
Fri, Jul 25
Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps
Intel's workforce to shrink by 22% by year endCEO Tan focuses on disciplined investments, factory construction slowdownIntel forecasts steeper Q3 losses despite higher sales expectations Intel's strategic missteps led to lag in AI chip industryBy Arsheeya Bajwa, Stephen Nellis and Max A. C...Reuters
Fri, Jul 25
Intel Corp reports results for the quarter ended June 30 - Earnings Summary
Intel Corp INTC.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of thirty five analysts for the quarter was for earnings of one cent per share. Wall StrReuters
Thu, Jul 24
EU-China trade talks ended in Beijing with both sides acknowledging serious tensions over trade
Trade relations between the European Union and China reached what European Commission President Ursula von der Leyen called a “clear inflection point” on Thursday, after a tense one-day summit in Beijing.Cryptopolitan
Thu, Jul 24
GRAINS-CBOT corn, soybean futures climb on technical trading, trade deal hopes
Corn futures rise on short-covering, consolidationWheat exports high, but global supply limit gainsSoybean futures rise despite sluggish US export salesBy P.J. Huffstutter CHICAGO, July 24 (Reuters) - Chicago Board of Trade corn futures ticked up on Thursday on signs of short-covering and consoli...Reuters
Thu, Jul 24
Crude finishes with 1% gain on supply concerns and US crude draws
HOUSTON, July 24 (Reuters) - Oil prices rose 1% on Thursday as U.S. crude draws and expected cuts to Russian gasoline exports overwhelmed news that oil major Chevron CVX.N will gain U.S. approval to renew production in Venezuela.Reuters
Thu, Jul 24
Charles Schwab authorizes $20 billion stock buyback, declares dividends
July 24 (Reuters) - Charles Schwab SCHW.N said on Thursday that its board had authorized a new $20 billion stock repurchase program, replacing the previous authorization. The company also declared a regular quarterly cash dividend of 27 cents per share on its common stock.Reuters
Thu, Jul 24
Trump refocuses on desire for lower interest rates during Fed renovation tour
United States President Donald Trump toured the Federal Reserve's (Fed) main headquarters in Washington, DC on Friday. President Trump recently pivoted to criticizing the Fed's long-planned renovations of its headquarters.Fxstreet
Thu, Jul 24
S&P 500 and Nasdaq notch record closes, lifted by Alphabet
Trump to visit Federal Reserve headquartersUnitedHealth says it is cooperating with DOJ probeS&P 500 +0.07%, Nasdaq +0.18%, Dow -0.70%By Noel Randewich and Pranav Kashyap July 24 (Reuters) - The S&P 500 and the Nasdaq notched record high closes on Thursday as robust results from Google pa...Reuters
Thu, Jul 24
