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Analysts see impact on CSL's operations on possible US pharma tariffs
** Analysts at UBS and Bell Potter say they expect pharmaceutical firm CSL CSL.AX to be impacted if U.S. tariffs take hold** U.S. President Trump said that pharmaceutical imports, currently exempt from tariffs, will face "major" levy soon** "We would not be surprised to see incentives fo...
Reuters
Mon, Apr 14
Trump doubles down on keeping US Steel control in US hands
ABOARD AIR FORCE ONE/TOKYO, April 13 (Reuters) - U.S. President Donald Trump on Sunday said he doesn't think a foreign company should control U.S. Steel X.N, repeating comments made last week that dimmed hopes for the $15 billion bid by Japan's Nippon Steel 5401.T to buy the U.S. firm. Trump...
Reuters
Mon, Apr 14
Australian gold stocks retreat from record highs as bullion dips
** Australian gold stocks .AXGD trade up 1.4% at 12,177.30 points** Stocks pare early gains after rising as much as 2% to a record high of 12,254.40 points** Sub-index on track for a third session of gains, if current trend holds** Gold prices drop as U.S. President Donald Trump eased trade tensions...
Reuters
Mon, Apr 14
GLOBAL MARKETS-Stocks bounce in Asia as some US tariffs paused
Asian stock markets : https://tmsnrt.rs/2zpUAr4Wall St futures up as US tariffs delayed on some electronicsConfusion as White House says levies might still comeDollar, Treasuries vulnerable to loss of confidenceBy Wayne Cole SYDNEY, April 14 (Reuters) - Wall Street share futures rallied in Asia o...
Reuters
Mon, Apr 14
METALS-LME copper hits over one-week high on softer dollar, easing trade war fears
April 14 (Reuters) - Copper prices in London rose to a more than one-week high on Monday, as a softer dollar and easing fears of a trade war between the United States and top metals consumer China, boosted market sentiment.Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up ...
Reuters
Mon, Apr 14
Australia's Ansell slips; Morgan Stanley trims PT on tariff impact concerns
** Medical gloves and surgical gowns maker Ansell ANN.AX falls 1.3% to A$29.33** Morgan Stanley factors in downside risk due to U.S. tariffs, despite ANN expecting to offset impacts through pricing** Lowers PT to A$33.40 from A$37.20; retains 'equal-weight'** Trims revenue growth for co'...
Reuters
Mon, Apr 14
EMERGING MARKETS-Singapore stocks rise, dollar rebounds as central bank eases policy again
By Sameer Manekar April 14 (Reuters) - Singapore's stocks jumped more than 2% on Monday, while the local currency recouped early losses to edge higher against the dollar, after the city-state's central bank eased its monetary policy for the second time this year.Asian emerging market stoc...
Reuters
Mon, Apr 14
EMERGING MARKETS-Singapore stocks rise, dollar rebounds as central bank eases policy again
By Sameer Manekar April 14 (Reuters) - Singapore's stocks jumped more than 2% on Monday, while the local currency recouped early losses to edge higher against the dollar, after the city-state's central bank eased its monetary policy for the second time this year.Asian emerging market stoc...
Reuters
Mon, Apr 14
Japan's Nikkei rises as iPhone-related stocks jump
TOKYO, April 14 (Reuters) - Japan's Nikkei share average rose on Monday, led by iPhone-related shares after the United States excluded smartphones and other electronics from steep tariffs.As of 0218 GMT, the Nikkei .N225 was up 1.5% at 34,086.16, after gaining as much as 2.22% earlier in the ses...
Reuters
Mon, Apr 14
China and Hong Kong shares rally after tariff relief
HONG KONG, April 14 (Reuters) - China and Hong Kong stocks rose on Monday as U.S. tariff exclusions for some electronics products from President Donald Trump's reciprocal tariffs on China lifted tech shares, although the chip sector was weighed down by national security concerns.China's blue...
Reuters
Mon, Apr 14
ASX-listed copper miners rise as metals strengthen on weaker dollar
** Copper miners listed on the Australian stock exchange (ASX) rise on stronger copper prices, supported by a weaker dollar MET/L** Shares of Capstone Copper CSC.AX soar as much as 4.1% to A$6.83, after having lost 6.3% in the previous week** Sandfire Resources SFR.AX gains as much as 3.5% to A$9.45...
Reuters
Mon, Apr 14
Sam Altman faces scrutiny at TED amid surging user growth and safety questions
Investing.com -- Sam Altman, CEO of OpenAI, was pressed on stage at TED this weekend in a pointed and, at times, tense exchange with TED’s Chris Anderson, as questions about AI safety, openness, and c
Investing.com
Mon, Apr 14
Apple holds steady on India iPhone production as tariff risks mount - Kuo
Investing.com -- Apple Inc (NASDAQ:AAPL) is maintaining its iPhone production strategy, despite fresh signals of volatility in U.S.-China trade relations, according to TF International Securities anal
Investing.com
Mon, Apr 14
Trump doubles down on keeping US Steel control in US hands
ABOARD AIR FORCE ONE, April 13 (Reuters) - U.S. President Donald Trump on Sunday said he doesn't think a foreign company should control U.S. Steel X.N, repeating comments made last week that dimmed hopes for a greenlight of a $14 billion bid by Japan's Nippon Steel 5401.T to buy the U.S. fir...
Reuters
Mon, Apr 14
Japan's Nikkei trades higher as iPhone-related stocks jump
TOKYO, April 14 (Reuters) - Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.
USD/JPY
Reuters
Mon, Apr 14
Muddy Waters warns US tariffs risks economic self-harm without broader strategy
Investing.com -- A new critique from short-selling firm Muddy Waters Research argues that while America’s economic imbalances are real, the current embrace of high tariffs without a national industria
Investing.com
Mon, Apr 14
PRECIOUS-Gold dips as Trump eases trade tensions with tariff exemptions
April 14 (Reuters) - Gold prices dropped on Monday as U.S. President Donald Trump eased trade tensions by granting tariff exemptions on smartphones, computers and other electronics primarily imported from China. FUNDAMENTALS * Spot gold XAU= was down 0.4% at $3,223.67 an ounce, as of 0036 GMT. Bulli...
Reuters
Mon, Apr 14
Australia's Ioneer jumps on deal to develop county in Nevada
** Ioneer INR.AX jumps 8% to A$0.135, highest since April 4 ** Lithium-boron producer enters agreement with Esmeralda County, Nevada, to provide public services and infrastructure upgrades** Says deal expected to provide A$5 mln ($3.2 mln)-A$7 mln in County benefits** Stock down 21.9% this year, ...
Reuters
Mon, Apr 14
GLOBAL MARKETS-Wall St futures make cautious gains as tariffs change
Asian stock markets : https://tmsnrt.rs/2zpUAr4Wall St futures up as US tariffs delayed on some electronicsConfusion as White House says levies might still comeDollar, Treasuries vulnerable to loss of confidenceBy Wayne Cole SYDNEY, April 14 (Reuters) - Wall Street share futures rallied in Asia o...
Reuters
Mon, Apr 14
RPT-Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say
SHANGHAI, April 11 (Reuters) - Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States. Two investor sources said a sof...
Reuters
Sun, Apr 13
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