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EMERGING MARKETS-Firm dollar weighs on Asian currencies, Thai baht top loser
.Bank of Korea cuts rate for third time in four meetingsThai baht hits lowest since February 20, stocks down 1.5% Thailand central bank policy meeting on WednesdayBy Rajasik Mukherjee and Roushni Nair Feb 25 (Reuters) - Most Asian currencies inched lower on Tuesday as global tariff worries underp...Reuters
Tue, Feb 25
EMERGING MARKETS-Firm dollar weighs on Asian currencies, Thai baht top loser
Bank of Korea cuts rate for third time in four meetingsThai baht hits lowest since February 20, stocks down 1.5% Thailand central bank policy meeting on WednesdayUpdates for afternoon tradingBy Rajasik Mukherjee and Roushni Nair Feb 25 (Reuters) - Most Asian currencies inched lower on Tuesday as ...Reuters
Tue, Feb 25
Unilever shares open down 2% after CEO quits
MILAN, Feb 25 (Reuters) - Unilever ULVR.L shares fell 2% at the open in London on Tuesday after the consumer goods giant said chief executive Hein Schumacher will step down after less than two years in the role.Schumacher will be replaced by finance chief Fernando Fernandez.Reuters
Tue, Feb 25
ATRenew to Report Fourth Quarter and Full Year 2024 Financial Results on March 11, 2025
SHANGHAI, Feb. 25, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that it plans to release its unaudited financial results fo...PR Newswire
Tue, Feb 25
BUZZ-Indian metal stocks fall on demand worries after US curbs on China
** Indian metal stocks .NIFTYMET drop 1.15%, with 12 of its 15 constituents in red** Drop comes after U.S. President Donald Trump signed memorandum that directs Committee on Foreign Investment in the US to restrict Chinese investments in strategic areas** Restrictions could hurt demand for metals in...Reuters
Tue, Feb 25
LIVE MARKETS-Europe before the bell: chips and defence for breakfast
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: CHIPS AND DEFENCE FOR BREAKFASTEuropean shares were set for a soft start on Tuesday as caution grew ahead of Nv...Reuters
Tue, Feb 25
South African rand stable as markets watch Trump policy developments
JOHANNESBURG, Feb 25 (Reuters) - South Africa's rand was stable early on Tuesday as U.S. President Donald Trump's tariff plans, uncertainty over fiscal policy and stance in the geopolitical arena weighed on U.S. markets.The rand traded flat at 18.3750 against the dollar ZAR=D3, as of 0649 GM...Reuters
Tue, Feb 25
Japan's Nikkei closes at three-month low as tech shares drag
Updates for market closeBy Brigid Riley TOKYO, Feb 25 (Reuters) - Japan's Nikkei share average closed at its lowest in three months on Tuesday as major technology shares tracked Wall Street losses overnight and on weaker sentiment amid speculation that the U.S. could toughen semiconductor res...Reuters
Tue, Feb 25
RPT-BUZZ-COMMENT-Month-end FX hedge rebalancing expectations
Repeats with no changesFeb 24 (Reuters) - Banks are starting to release their month end rebalancing expectations for February and there is a consensus for USD demand. Deutsche Bank's model signals for February, based on current equity performance, suggest a reasonable shift toward USD buying. Th...Reuters
Tue, Feb 25
DXC tapped by Skanska to Modernize Global IT Infrastructure
ASHBURN, VA, Feb. 25, 2025 /PRNewswire/ -- DXC Technology, (NYSE: DXC), a leading Fortune 500 global technology services provider, has signed an agreement with Skanska AB, a multinational construction and project development leader, to modernize Skanska's IT infrastructure. The partnership will help...PR Newswire
Tue, Feb 25
HEDGE FLOW-Asia equities exhibit record bullish momentum, Goldman Sachs says
By Summer ZhenHONG KONG, Feb 25 (Reuters) - Hedge funds' willingness to boost bets on Asian stocks last week rose to its highest level on Goldman Sachs record since 2016, the bank said in a note. Long positions exceeded short positions by a ratio of 1.5 to 1, with China and Hong Kong accounting ...Reuters
Tue, Feb 25
LIVE MARKETS-Sea of red as US-China tech war ratchets up
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSEA OF RED AS US-CHINA TECH WAR RATCHETS UP A look at the day ahead in European and global markets from Stella QiuIt is a sea o...Reuters
Tue, Feb 25
GLOBAL MARKETS-Asian shares slide as US curbs China investment, euro gain fades
Asian stock markets: https://tmsnrt.rs/2zpUAr4Hong Kong's Hang Seng falls 1%, Alibaba down over 3%Nikkei down 1.3%, shares of Japanese trading houses jumpGold retreats from record high, US dollar bounces from lowsUpdates price indicators for European marketsBy Stella Qiu SYDNEY, Feb 25 (Reute...Reuters
Tue, Feb 25
How 51Talk is Redefining Online Education Through AI--from the Boardroom to the Classroom
SINGAPORE, Feb. 25, 2025 /PRNewswire/ -- 51Talk, an online English language education platform, has announced plans to launch a comprehensive, AI-powered systems upgrade across its business operations within the coming months. Partnering with top tier global AI service providers, the company d...PR Newswire
Tue, Feb 25
INDIA STOCKS-Financials and auto stocks help Indian benchmarks eke out minor gains
Updates for morning tradeBy Vivek Kumar M and Bharath RajeswaranFeb 25 (Reuters) - India's benchmark indexes rose marginally on Tuesday, helped by heavyweight financials and auto stocks, although losses in metals and global uncertainty around U.S. tariffs kept investors on the edge. The Nifty 50...Reuters
Tue, Feb 25
US SEC Closes Robinhood Crypto Investigation With No Enforcement Action
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration.
EMERGING MARKETS-Asian currencies down a tad as dollar regains footing; BoK cuts rate
Bank of Korea cuts rate for third time in four meetingsThai stocks hit lowest since 2020Bank of Thailand to stand pat on ratesBy Rajasik Mukherjee and Roushni Nair Feb 25 (Reuters) - Most Asian currencies retreated from recent gains on Tuesday, as global tariff worries underpinned the U.S. dollar...Reuters
Tue, Feb 25
