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China stocks, yuan cautiously firm after Trump delays tariffs
SHANGHAI/HONG KONG, Jan 21 (Reuters) - Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty trade tariffs at his inauguration but unwilling to bet this meant improved U.S.-Sino relations.
USD/CNH
Reuters
Jan 21, 2025
China, Hong Kong shares climb as Trump holds off on imminent tariffs
HONG KONG, Jan 21(Reuters) - China and Hong Kong shares edged higher in choppy trade on Tuesday after U.S. President Donald Trump held off rolling out promised tariff hikes, providing some temporary relief to the markets. ** By the midday break, the Shanghai Composite index .SSEC had climbed 0.2% to...
Reuters
Jan 21, 2025
EMERGING MARKETS-Asian currencies edge higher, Mexican peso slips on Trump's tariff plans
The Philippine peso snaps 4-day winning streakMalaysia's ringgit hits nearly three-week highTrump mulls 25% tariffs on Mexico and Canada as soon as Feb 1.By Sneha Kumar Jan 21 (Reuters) - Currencies in Asian emerging markets nudged higher on Tuesday, while the Mexican peso slipped after U.S. Pre...
Reuters
Jan 21, 2025
EMERGING MARKETS-Asian currencies edge higher, Mexican peso slips on Trump's tariff plans
The Philippine peso snaps 4-day winning streakMalaysia's ringgit hits nearly three-week highTrump mulls 25% tariffs on Mexico and Canada as soon as Feb 1By Sneha Kumar Jan 21 (Reuters) - Currencies in Asian emerging markets nudged higher on Tuesday, while the Mexican peso slipped after U.S. Pres...
Reuters
Jan 21, 2025
INDIA STOCKS-India's benchmark indexes off to a muted start
Updates for markets openJan 21 (Reuters) - India's benchmark indexes were off to a muted start on Tuesday, as caution prevailed after U.S. President Donald Trump announced plans for trade tariffs on neighbouring countries within hours of taking office.The Nifty 50 .NSEI was up 0.19% at 23,391.5 poin...
Reuters
Jan 21, 2025
BUZZ-Australia's Deep Yellow gains as Macquarie starts with 'outperform'
** Uranimum miner Deep Yellow's stock DYL.AX up 2.7% at A$1.34** Macquarie starts coverage with "outperform" and A$2 PT** Cites strengthening outlook for uranium demand, improving price structures** Says DYL's greenfield Tumas project a differentiator as many peers restart idle capacities with deple...
Reuters
Jan 21, 2025
GLOBAL MARKETS-Shares jittery, dollar jumps with Trump's plans for tariffs
Asian stock markets: https://tmsnrt.rs/2zpUAr4Trump tariff threat on Mexico, Canada from Feb. 1 sours moodInvestors skittish over further policy rolloutsDollar rebounds strongly, hammers Mexican peso and Canadian dollarUpdates to Asia mid-morningBy Rae Wee SINGAPORE, Jan 21 (Reuters) - Global mar...
Reuters
Jan 21, 2025
BUZZ-Australia's BHP Group rises on Q2 production surge
** BHP Group BHP.AX rises 0.3% to A$40.35** Stock climbed much as 1.8% to its highest since Dec. 13, 2024, earlier in the day** World's largest listed miner's iron ore and copper production surges on mine improvements in the second quarter** Jefferies says BHP had good operational quarter in iron o...
Reuters
Jan 21, 2025
Trump signs order to postpone TikTok ban by 75 days
Investing.com-- President Donald Trump signed an executive order on Monday instructing the Attorney General to postpone a ban on TikTok by 75 days, granting the social media platform more time to find a U.S. buyer.
Investing.com
Jan 21, 2025
Asian car and battery makers hit as Trump gets to work
TOKYO/SEOUL, Jan 21 (Reuters) - Shares of Japanese automakers and South Korean battery makers were hit on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.The two moves by ...
Reuters
Jan 21, 2025
Trump's new meme coin soars on his first day in office, lifts other tokens
PARIS/SINGAPORE, Jan 20 (Reuters) - U.S. President Donald Trump's new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped briefly lift bitcoin to a new record.
Bitcoin
Reuters
Jan 21, 2025
Japan's Nikkei flat as traders brace for potential US tariffs
Updates with Nikkei levels TOKYO, Jan 21 (Reuters) - Japan's Nikkei share average erased early gains to trade flat on Tuesday, as traders assessed the possibility of U.S. President Donald Trump imposing new tariffs on global firms. By 0154 GMT, the Nikkei was trading flat at 38,901.44. The in...
Reuters
Jan 21, 2025
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
Bills proposing Social Security changes aren't unusual in Congress. With the program less than a decade from potential insolvency, those in government are frequently floating new strategies for how to increase its funding before benefit cuts become necessary. Usually, these bills don't go anywhere, ...
The Motley Fool
Jan 21, 2025
Is Uber a No-Brainer Growth Stock to Buy in 2025?
Uber (NYSE: UBER) has become so successful since its founding in 2009 that its name is used interchangeably as a verb when taking a ride somewhere. This demonstrates the incredible mindshare it has developed with consumers, thanks to the company's ability to create an entirely new category within th...
The Motley Fool
Jan 21, 2025
GLOBAL MARKETS-Shares and Treasuries choppy on Trump's plans for tariffs
Trump tariff threat on Mexico, Canada from Feb. 1 turns stocks lowerMexican peso, Canadian dollar badly hitTreasury yields pare lossesBy Rae Wee SINGAPORE, Jan 21 (Reuters) - Global shares and U.S. Treasuries were volatile on Tuesday, reversing a brief relief rally from early in the session in th...
Reuters
Jan 21, 2025
Shares of South Korean battery makers plunge after Trump revokes EV policy
SEOUL, Jan 21 (Reuters) - Shares of South Korean battery makers dropped on Tuesday, after U.S. President Donald Trump revoked the previous administration's executive order on electric vehicles on his first day as the 47th president of the United States.LG Energy Solution 373220.KS shares fell 5%, wh...
Reuters
Jan 21, 2025
China stocks, yuan set to rise as Trump delays tariffs
SHANGHAI/HONG KONG, Jan 21 (Reuters) - China stocks were expected to open higher on Tuesday while the onshore yuan was likely to strengthen, as U.S. President Donald Trump's inaugural policies reinforced optimism that he will treat China less harshly than markets had feared.Trump returned to the Whi
Reuters
Jan 21, 2025
UPDATE 2-Australia's Wesfarmers to close online retailer Catch; shares up
Writes through, updates share price and adds analyst commentBy Shivangi Lahiri and Rajasik MukherjeeJan 21 (Reuters) - Australian conglomerate Wesfarmers WES.AX said on Tuesday its loss-making online retailer, Catch, will cease to operate as a stand-alone entity in the fourth quarter of fiscal 2025...
Reuters
Jan 21, 2025
CORRECTED-UPDATE 6-Trump's new meme coin soars on his first day in office
Corrects first paragraph to say that World Liberty Financial raised $300 million in token sales, not $1 billionTrump meme coin soars in value, Melania Trump's tooLaunches raise regulatory and ethical concerns, analysts sayTrump company says Trump won't be involved in family businessesBitcoin's price...
Reuters
Jan 21, 2025
Japan's Nikkei rises on Trump tariff relief
TOKYO, Jan 21 (Reuters) - Japan's Nikkei share average rose on Tuesday after U.S. President Donald Trump stopped short of imposing new tariffs, easing concerns about the outlook for Japanese exporters.By 0002 GMT, the Nikkei .N225 had risen 0.8% to 39,198.72 and the broader Topix .TOPX was up 0.61% ...
Reuters
Jan 21, 2025
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