News
Important Only
Traders seek refuge in Aussie consumer staples as US tariffs spark market fall
By Rajasik Mukherjee April 3 (Reuters) - Shares of Australia's consumer staple companies .AXSJ rose on Thursday, driven by grocers Coles COL.AX and Woolworths WOW.AX, as investors moved to safer bets after U.S. President Donald Trump's reciprocal tariffs sparked global market turmoil.Shar...Reuters
Thu, Apr 3
Indian chemical makers drop on US reciprocal tariffs
** Shares of Indian chemical makers SRF SRFL.NS, UPL UPLL.NS drop 5.1% and 1.6%, respectively, while Navin Fluorine NAFL.NS plunged 5.4% ** Deepak Nitrite DPNT.NS down 2.4% ** U.S. President Donald Trump imposed 26% reciprocal tariffs on Indian imports as part of his wider plan to levy a 10% baselin...Reuters
Thu, Apr 3
Indian IT stocks fall on worries over impact to U.S. economy from Trump tariffs
April 3 - ** Indian IT shares .NIFTYIT down 3.5%** Index is top sectoral loser among Nifty indexes** U.S. President Donald Trump slapped a bigger-than-expected wall of tariffs around the world's largest economy, possibly impacting trade and supply chains** Indian IT companies may see indirect im...Reuters
Thu, Apr 3
GLOBAL MARKETS-Stocks slump as trade war stirs recession fear
Nasdaq futures slide 3.3%; Nikkei down 3%Gold at record high, yen jumps, bonds rallyAsia hit hard with new US tariffsBy Tom Westbrook SINGAPORE, April 3 (Reuters) - Stocks dived on Thursday and investors scrambled for the safety of bonds, gold and the yen, fearing new U.S. tariffs have intensifie...Reuters
Thu, Apr 3
Australia's Elders hits 17-month low as Trump targets beef with new tariffs
** Shares of agribusiness firm Elders ELD.AX fall 2.8% to A$6.57, their lowest since mid-November 2023** U.S. President Donald Trump plans 10% baseline tariff on exports, singling out the country's beef exports, which hit $4 billion last year** Citi analysts warn U.S. tariffs could significantly...Reuters
Thu, Apr 3
Swiss stocks - Factors to watch on April 3
ZURICH/GDANSK, April 3(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday:U.S. UNVEILS GLOBAL RECIPROCAL TARIFFSU.S. to apply 31% tariff on imports from SwitzerlandROCHE HOLDING AG ROG.S Roche said on Wednesday that a trial testing higher doses of its multiple scle...Reuters
Thu, Apr 3
HK-listed e-commerce groups fall on Trump's reciprocal tariffs
** Hong Kong-listed shares of Chinese e-commerce groups fall after U.S. President Donald Trump announced reciprocal tariffs** Alibaba's Hong Kong stock 9988.HK falls 6% to HK$122.2, its lowest level since February 20, and JD.com 9618.HK Hong Kong-listed shares also drop 6% to HK$152.2 to their l...Reuters
Thu, Apr 3
UK Stocks-Factors to watch on April 3
April 3 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 1.48%.* TARIFFS: Britain's Business Secretary Jonathan Reynolds vowed to "remain calm" and insisted he still wants a trade deal with the United States after President Donald Trump deci...Reuters
Thu, Apr 3
Turkey - Factors To Watch on April 3
ANKARA, April 3 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday.The lira TRYTOM=D3 traded at 37.9450 against the U.S. dollar at 0139 GMT, after closing at 37.97 on Wednesday.The main BIST 100 share index .XU100 closed 1.41% lower at 9,523.31 points...Reuters
Thu, Apr 3
MORNING BID EUROPE-Seems investors really don't like tariffs
A look at the day ahead in European and global markets from Wayne ColeThe jury is in, and it turns out investors really don't like a tariff-induced global trade war and likely recession - who knew? Wall St futures are down around 3%, as is the Nikkei, while European stock futures are off around ...Reuters
Thu, Apr 3
EMERGING MARKETS-Vietnam, Thailand suffer most as US tariffs shake Asian markets
Trump announced 10% tariff on all importsAsia gets higher levies - China 34%, Vietnam 46%, Thailand 36%Vietnam's dong hits record low, stocks drop over 5%Thai baht weakens to 2-1/2-month lowBy Himanshi Akhand April 3 (Reuters) - Stocks and currencies in Vietnam and Thailand tanked on Thursday...Reuters
Thu, Apr 3
EMERGING MARKETS-Vietnam, Thailand suffer most as US tariffs shake Asian markets
Trump announced 10% tariff on all importsAsia gets higher levies - China 34%, Vietnam 46%, Thailand 36%Vietnam's dong hits record low, stocks drop over 5%Thai baht weakens to 2-1/2-month lowBy Himanshi Akhand April 3 (Reuters) - Stocks and currencies in Vietnam and Thailand tanked on Thursday...Reuters
Thu, Apr 3
INDIA STOCKS-Indian shares fall as US tariffs hit markets, pharma stocks buck trend
By Bharath Rajeswaran and Vivek Kumar MApril 3 (Reuters) - India's benchmark indexes opened lower on Thursday after U.S. President Donald Trump slapped 26% reciprocal tariffs on imports from the South Asian nation, but a temporary exemption of pharmaceutical products helped soften the blow.The N...Reuters
Thu, Apr 3
BREAKINGVIEWS-Trump kicks all of Asia into the China tariff boat
By Hudson LockettHONG KONG, April 3 (Reuters Breakingviews) - Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 5...Reuters
Thu, Apr 3
Indian pharma stocks jump as US tariffs exempts sector
** India's Nifty pharma index .NIPHARM jumps 4.4% after U.S. President Donald Trump exempted the sector from reciprocal tariffs for now ** Index constituents Dr. Reddy's REDY.NS, Cipla CIPL.NS, Sun Pharma SUN.NS, Gland Pharma GLAD.NS jump 6.1%, 4.1%, 4.1% and 11.7%, respectively ** Trump imp...Reuters
Thu, Apr 3
Indian pharma stocks defy market slump on US tariffs exemption
April 3 (Reuters) - Shares of Indian drugmakers surged 4% on Thursday, in contrast to the drop in the broader stock market, after U.S. President Donald Trump's administration exempted pharmaceutical products from the list of imports hit by reciprocal tariffs.The pharma sub-index .NIPHARM was the...Reuters
Thu, Apr 3
Australian gold stocks shine with bullion at record-high after US tariffs
** Australian gold miners .AXGD rise 1.1% as gold hit a record high after US reciprocal tariffs GOL/** Gold stocks helping limit decline in benchmark ASX200 .AXJO** 15 of 36 members on gold miners index gain on the day, led by a 5% jump in Ramelius Resources RMS.AX and Meeka Metals MEK.AX** Northern...Reuters
Thu, Apr 3
Japan's Nikkei slumps to 8-month low on Trump's tariff shock
TOKYO, April 3 (Reuters) - Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S. President Donald Trump revealed a broad set of reciprocal tariffs, including a larger-than-anticipated 24% levy on Japanese goods.
Reuters
Thu, Apr 3
Benz Mining's Australia-listed shares climb on gold find in WA project
** ASX-listed shares of Benz Mining Corp BNZ.AX rise as much as 17.1% to A$0.410, their biggest intraday pct gain since January 15** Stock at its highest level since March 20 ** The gold explorer reveals mineralization at its Glenburgh Gold project in Western Australia ** Stock has risen 18.8% this ...Reuters
Thu, Apr 3
Vietnam stocks fall 5.3% after U.S. tariff announcement
HANOI, April 3 (Reuters) - Vietnam's benchmark stock index .VNI fell 5.3% in early trade on Thursday to 1,247, hours after the Trump administration said Vietnam would be hit with a U.S. tariff rate of 46% as it announced a global round of tariffs.Reuters
Thu, Apr 3
