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Trade tensions are giving Intel's older chips a second life
April 25 (Reuters) - A Sino-U.S. trade war that threatens Intel's revenue from its biggest market, China, has become an unlikely driver of demand for the embattled chipmaker's older generation of personal computer and server chips, company executives said on Thursday.
Reuters
Fri, Apr 25
JGB yields rise as strong Tokyo inflation revives BOJ rate hike expectations
TOKYO, April 25 (Reuters) - Japanese government bond (JGB) yields rose across the curve on Friday after Tokyo's inflation hit a two-year high, reviving bets for the Bank of Japan's interest rate hikes. The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.35%, its highest since A...
Reuters
Fri, Apr 25
7-Eleven owner says will need to cut costs as US tariffs hit consumer confidence
TOKYO, April 25 (Reuters) - Seven & I Holdings 3382.T, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in costs as U.S. consumers grapple with the impact of U.S. tariffs.Reuters
Fri, Apr 25
China, Hong Kong stocks head for second week of gains on tariff relief
HONG KONG, April 25(Reuters) - China and Hong Kong stocks rose on Friday and were heading towards second consecutive weekly gains, as sentiment stabilized after White House toned down its harsh stance on China despite no signal of concrete progress on trade deals.
Dollar drifts higher at end of volatile week of Trump backflips
Beijing denies Trump assertion that direct talks are underwaySigns of progress in negotiations with allies Japan, South KoreaDollar up slightly for the week, may snap four-week losing runBy Kevin Buckland TOKYO, April 25 (Reuters) - The dollar drifted higher on Friday, following small losses a daReuters
Fri, Apr 25
Stocks, dollar eye weekly rise on Trump's tariff backdown
SINGAPORE, April 25 (Reuters) - Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China, despite no signal of detente.Reuters
Fri, Apr 25
China weighs exempting some US goods from tariffs, Bloomberg News reports
April 24 (Reuters) - China's government is considering suspending its 125% tariff on some U.S imports, Bloomberg News reported on Thursday.Chinese authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane, the report said, citing p...Reuters
Fri, Apr 25
Japan's Nikkei rises on Trump's tariff tone down, weaker yen
TOKYO, April 25 (Reuters) - Japan's Nikkei share average rose on Friday as investors scooped up technology stocks after the White House softened its trade stance and the yen weakened after talks between Japan-U.S. finance chiefs.The Nikkei .N225 was up 1.4% at 35,518.96 as of 0221 GMT. For the w...Reuters
Fri, Apr 25
Core inflation in Japan's capital hits 2-year peak, raising challenge for BOJ
Tokyo core CPI up 3.4%, above f'cast of 3.2% gainInflation excluding fresh food, fuel accelerates to 3.1% y/yHigh inflation makes BOJ's balancing act more challengingBy Makiko Yamazaki TOKYO, April 25 (Reuters) - Core inflation in Japan's capital accelerated to a two-year high in Apri...Reuters
Fri, Apr 25
USD/JPY slips as Fed cut hopes rise and tariff confusion grows
The USD/JPY pair moved lower during Thursday’s European session, retreating toward the 143.00 zone after two days of modest recovery. The shift comes amid renewed US Dollar weakness as Fed rate cut speculation resurfaces and trade headlines stir market uncertainty.Fxstreet
Fri, Apr 25
Trump refutes China's claim of no trade talks
WASHINGTON, April 24 (Reuters) - President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that no discussions have taken place to ease the ongoing trade war.Reuters
Fri, Apr 25
GLOBAL MARKETS-Stocks jump with tech shares; dollar dips after recent gains
NEW YORK, April 24 (Reuters) - Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as investors awaited further developments in the U.S.-China trade conflict, while the dollar slipped after recent gains.
Reuters
Fri, Apr 25
Oil prices settle up on weaker US dollar, mixed economic news
U.S. labor market remains resilientPotential accelerated OPEC+ output increases weighs on marketKazakhstan to prioritize national interest in oil outputBy Scott DiSavino NEW YORK, April 24 (Reuters) - Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ outpu...Reuters
Thu, Apr 24
Boeing poised to resell jets as tariffs hit China trade
Boeing may redirect jets squeezed out of China by tariffsChina represents 10% of Boeing's commercial plane backlogWashington open to de-escalating trade warAirbus has held on-off talks for major China order, sources sayBy Lisa Barrington, Tim Hepher and Abhijith Ganapavaram SEOUL/PARIS, April...Reuters
Thu, Apr 24
"Make or Break"? Trump Changes Stance Again: May Reimpose Reciprocal Tariffs Within Weeks
TradingKey - Less than 100 days into his presidency, U.S. President Donald Trump has performed yet another round of policy flip-flopping on tariffs. Just two weeks after granting a "90-day pause," Trump stated that if the U.S. fails to reach agreements with its trading partners, he will reimpose...TradingKey
Thu, Apr 24
U.S. Spares "Yen" Talks, BOJ Rate Hike to Delay, Yen Weakness Returns?
TradingKey - After U.S. Treasury Secretary Scott Bessent stated that the Trump administration would not seek specific exchange rate targets in trade talks with Japan, the yen fell sharply, with the dollar-yen pair rising over 1%. The market now turns its attention to the second round of U.S.-Japan..TradingKey
Thu, Apr 24
Gold rises on dip-buying, focus on US-China trade tensions
April 24 (Reuters) - Gold prices rebounded on Thursday as investors bought bullion following a sharp decline in the previous session, while the focus remains on U.S.-China trade tensions.Spot gold XAU= was up 1.6% at $3,338.79 an ounce, as of 1140 GMT. Bullion fell as much as 3% on Wednesday in...Reuters
Thu, Apr 24
Deutsche Bank cuts S&P 500 year-end target from Wall Street high
April 24 (Reuters) - Deutsche Bank, which had held the highest year-end target for the S&P 500 .SPX index so far, slashed it by 12% on Thursday, on mounting economic uncertainties fueled by the ongoing U.S. trade war.The European brokerage cut its target to 6,150 from 7,000, while it also reduce...Reuters
Thu, Apr 24
Mobileye Global beats revenue estimates on strong self-driving tech demand
April 24 (Reuters) - Mobileye Global MBLY.O beat Wall Street expectations for first-quarter revenue on Thursday, benefiting from an increase in orders for its driver-assistance technology from automakers.The company has been seeing an increase in demand for its systems as customers work through thei...Reuters
Thu, Apr 24