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Lutnick Discloses Inside Scoop: US Government Pressures TSMC to Trade Investment for Subsidies
TradingKey - In a recent interview, US Commerce Secretary Howard Lutnick criticized the Biden administration’s subsidy policy as "giving away money for nothing." He highlighted that the Trump administration demanded a "fair deal" from companies as a condition for receiving subsidies. This approach l
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8 minutes ago
India’s Bold Pivot: Using Tariff Pressure as a Trigger for Tax Cuts and Bureaucracy Reform
TradingKey - The Trump administration’s imposition of a 50% tariff on Indian goods has pushed the decades-long U.S.-India relationship into a “darkest hour.” Rather than capitulate, India has responded by launching deep domestic reforms aimed at long-standing structural problems — particularly itsTradingKey
46 minutes ago
Dow Jones futures steady as Nvidia earnings, AI stocks drive focus
Dow Jones futures remain steady near 45,500 during European hours on Wednesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures and the Nasdaq 100 futures hold ground near 6,480 and 23,590, respectively.Fxstreet
an hour ago
Mixue's Sweet Growth: Revenue Jumps 39% to $14.87B as 53,000 Stores Fuel Dual Expansion
TradingKey - Mixue Group released its first half-year financial report since listing on Wednesday, demonstrating robust growth momentum. The report showed revenue of RMB 14.87 billion for the first half of the year, up 39.3% year-on-year, with net profit reaching RMB 2.718 billion...TradingKey
an hour ago
Oil steadies as investors eye Ukraine war, US inventories
Witkoff to meet Ukrainians in New York this weekAPI shows US crude, products inventories fall, sources sayRussia lifts August crude exports after refinery attacksBy Alex Lawler LONDON, Aug 27 (Reuters) - Oil prices steadied on Wednesday, after falling in the previous session, as investors watched...Reuters
2 hours ago
Trump's efforts to remove Fed governor set to test Treasury market
Potential for looser monetary policy with Trump's Fed appointeesYield curve steepens amid fears of aggressive rate cutsHigh U.S. debt levels may tempt government to influence Fed policyBy Davide Barbuscia NEW YORK, Aug 27 (Reuters) - U.S. bond investors expect President Donald Trump's lat...Reuters
2 hours ago
The ‘Boiling Frog’ Playbook: Why Wall Street’s Relief Over the Fed Is Premature
TradingKey - President Donald Trump’s direct move to fire Federal Reserve Governor Lisa Cook has sparked intense debate on the politicization of the Fed, with The Wall Street Journal declaring the potential “end of Fed independence.” While long-term U.S. Treasury yields reacted immediately, U.S.TradingKey
2 hours ago
Domino's Plunges 22% on First-Ever Annual Loss; Can Cost Cuts Save the Day?
TradingKey - Domino's Pizza Enterprises reported its first annual loss since going public on Wednesday, triggering a 22% plunge in its share price to A$15.10, marking the largest single-day drop in nearly two months.
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3 hours ago
Cambricon Briefly Outpaces Moutai as China's Priciest Stock, Fueled by AI Chip Demand
TradingKey - On August 27, Cambricon's stock surged nearly 10% during intraday trading, breaking through the 1,400 yuan mark and reaching a peak of 1,464.98 yuan, surpassing Moutai to become the priciest stock of A-share, with the total market capitalization briefly exceeded 600 billion yuan.TradingKey
3 hours ago
Ahead of Nvidia’s “Make-or-Break” Q2 Earnings, Here's What Analysts Have to Say
TradingKey - Nvidia (NVDA), the leader of the artificial intelligence wave, is about to release its second-quarter 2025 earnings (Q2 FY2026), a report widely regarded as “the most important earnings report in the market.” Nvidia’s results will serve as a litmus test for whether the AI-driven demand
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3 hours ago
Lockheed Martin Could Be the Next “Intel”? U.S. Weighs Equity Stakes to Share in Defense Profits
TradingKey - Following former President Donald Trump’s high-profile claim that “owning Intel is a great deal,” Commerce Secretary Lutnick suggested on Tuesday (U.S. Eastern Time) that defense giants like Lockheed Martin (LMT.US) could be next in line for government equity investment.
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4 hours ago
Trump's doubling of tariffs on Indian imports takes effect, hiking tensions
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world's two largest democracies and strategic partners.Reuters
5 hours ago
Australian dollar gets only fleeting help from high CPI
By Wayne Cole SYDNEY, Aug 27 (Reuters) - The Australian dollar edged up briefly on Wednesday after a surprisingly high reading on consumer prices seemingly dealt a blow to hopes for a near-term rate cut, though analysts cautioned there was a lot of noise in the data.The monthly reading of consume
Reuters
7 hours ago
China's industrial profits extend decline as demand, deflation woes take toll
China industrial profits fall again in July, demand woes persistOvercapacity concerns weigh on businessesBeijing under pressure to offer more support to boost domestic demand BEIJING, Aug 27 (Reuters) - China's industrial profits fell for a third consecutive month in July, as businesses strug...Reuters
7 hours ago
EchoStar Soars Over 70% — $23 Billion Deal Turns the Tide
TradingKey - U.S. communications company EchoStar (SATS) surged more than 70% at Tuesday’s open (U.S. Eastern Time), sending its market value sharply higher. The dramatic rally followed the company’s announcement of a $23 billion spectrum deal with AT&T
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7 hours ago
Trump to chair Gaza meeting in Washington, top US and Israeli diplomats to also meet
Witkoff says US expects war in Gaza to be settled by end of yearPost-war Gaza plans to be discussed in Wednesday White House meeting, Witkoff saysTrump term began with Gaza ceasefire but situation has worsened in recent months of Israeli assaultBy Kanishka Singh and Jasper Ward WASHINGTON, Aug 26Reuters
8 hours ago
