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Japan's trade negotiator cancels US visit to finalise investment pact
TOKYO, Aug 28 (Reuters) - Japan's trade negotiator Ryosei Akazawa has canceled a visit to the United States this week, a government source said, as media outlets reported talks designed to finalise details of an investment pact were postponed due to administrative delays.Akazawa had planned to v...Reuters
7 minutes ago
French political crisis carries steep economic risk, business leaders say
Centrist premier called confidence vote over budgetOpposition parties say they will vote Bayrou outOpinion polls show voters want snap electionsBy Tassilo Hummel and Elizabeth Pineau PARIS, Aug 27 (Reuters) - The French prime minister's decision to hold a confidence vote next month carries he...Reuters
an hour ago
Two-year yields lowest since May as traders price in rate cuts
Traders see 84% odds of Fed cut in SeptemberTreasury sees average demand for $70 billion five-year note auctionUS 5-, 30-year Treasury yield curve steepest since August 2021By Karen Brettell Aug 27 (Reuters) - Interest rate-sensitive two-year yields fell to an almost four-month low on Wednesday,Reuters
an hour ago
Toronto Stock Exchange closes at record high as bank earnings boost index
S&P/TSX composite index closed up 0.33% at 28,433 pointsGain in index mainly driven by RBC, which surged over 5%High oil price also boosted index as energy shares jumpedBy Nikhil Sharma and Promit Mukherjee Aug 27 (Reuters) - The Toronto Stock Exchange zoomed past its previous record on Wedne...Reuters
an hour ago
CrowdStrike forecasts weak quarterly revenue as Windows-outage impact lingers
Aug 27 (Reuters) - CrowdStrike CRWD.O forecast weak third-quarter revenue on Wednesday, as incentives to retain customers after its botched cybersecurity update continue to weigh on subscription sales.The quarterly revenue outlook overshadowed upbeat second-quarter results, sending the company's...
Reuters
an hour ago
HP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgrade
By Jaspreet Singh Aug 27 (Reuters) - HP Inc HPQ.N beat Wall Street estimates for third-quarter revenue on Wednesday, driven by growing demand for artificial intelligence-powered personal computers and Windows 11 upgrade cycle.A strong PC refresh cycle is expected after Microsoft MSFT.O ends suppoReuters
an hour ago
Trump's doubling of tariffs hits India, damaging ties
Additional 25% tariff imposed as punishment for India buying Russian oilTariffs of up to 50% threaten Indian exporters and jobsFailed talks blamed on political misjudgment, missed signalsIndia should use crisis to further reform economy, analysts sayBy David Lawder and Manoj Kumar WASHINGTON/NEWReuters
an hour ago
Nvidia still growing, but China uncertainty clouds outlook
Nvidia forecasts Q3 revenue above Wall Street estimatesForecast assumes no H20 chip sales to ChinaAI demand at cloud providers boosts Nvidia's data center revenueBy Stephen Nellis, Arsheeya Bajwa and Max A. Cherney Aug 27 (Reuters) - Nvidia NVDA.O shares dipped on Wednesday as the fate of its...Reuters
2 hours ago
24H｜Nvidia Drops 3%; CrowdStrike Sinks 4%; Snowflake Jumps 13%; Pure Storage Surges 16%
Nvidia dropped 3.1% in overnight trading. The world’s most valuable company gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending.Tiger News
2 hours ago
Oil edges up on US crude stocks drop, impact of US tariffs on India
US crude stocks down by 2.4 million barrels: EIATrump's hefty India tariffs take effect US envoy to meet Ukrainian representatives in New YorkRussia plans higher August crude exportsBy Arathy Somasekhar HOUSTON, Aug 27 (Reuters) - Oil prices settled higher on Wednesday after data showed a...Reuters
7 hours ago
Kohl's sharper focus on turnaround drives profit lift, shares surge
Shares up 20% in morning tradingQ2 EPS beats estimates on cost cutsNarrows annual sales targets, lifts margin forecastExecutives signal strong start to back-to-school seasonBy Juveria Tabassum and Sanskriti Shekhar Aug 27 (Reuters) - Kohl's KSS.N raised its annual profit forecast on Wednesda...Reuters
11 hours ago
Dollar recovers despite Fed independence jitters; European stocks calm after French selloff
LONDON/SINGAPORE, Aug 27 (Reuters) - The U.S. dollar recovered on Wednesday even as investors worried about attacks on Federal Reserve independence, while European shares edged higher after a sharp drop the day before, with the focus now turning to earnings from AI leader Nvidia NVDA.O.Reuters
13 hours ago
Meituan’s Food Delivery War Cracks as Q2 Profit Plummets 89% on Core Weakness and Expanding Losses
TradingKey - Fueled by “irrational competition” in the food delivery sector, Meituan (3690.HK) saw its Q2 2025 net profit crash 89% due to a surge in sales expenses. With its core local services business underperforming and new ventures deepening losses, the delivery giant faces mounting pressure on
TradingKey
13 hours ago
Bessent says everything on table in China trade talks -Fox Business
Aug 27 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that "everything is on the table" in trade talks with China and that he will be meeting again with his Chinese counterpart at the end of October or beginning of November.Reuters
14 hours ago
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
TradingKey
16 hours 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
17 hours ago
