News
Important Only
Other
Panasonic to postpone US EV battery plan on slow Tesla sales, Nikkei says
TOKYO, July 11 (Reuters) - Panasonic Holdings 6752.T plans to postpone its plan to bring its new electric vehicle battery plant in the U.S. state of Kansas to full capacity by March 2027 as Tesla TSLA.O, its main customer, is experiencing sluggish sales, the Nikkei business daily said on Friday.Reuters
Fri, Jul 11
Other
New round of bilateral Russia-US talks may take place by summer-end, Russia says
July 11 (Reuters) - A new round of talks between Russia and the United States on bilateral problems may take place before the end of the summer, RIA news agency cited Russian Deputy Foreign Minister Sergei Ryabkov as saying in remarks published on Friday. "Yes, it could well happen by the end of...Reuters
Fri, Jul 11
Other
China says it is ready to assist in Thailand-Cambodia border dispute
BEIJING, July 11 (Reuters) - China is ready to play a constructive role for the peaceful coexistence of Thailand and Cambodia, China's foreign minister has said to his Thai counterpart according to his ministry.Foreign Minister Wang Yi said China would uphold an "objective and fair" posi...Reuters
Fri, Jul 11
Stocks
INDIA STOCKS-Indian equity benchmarks may open lower on weak TCS earnings, Trump tariffs
July 11 (Reuters) - India's equity benchmarks are set to open lower on Friday, following weaker-than-expected earnings from information technology major Tata Consultancy Services and U.S. President Donald Trump's fresh tariffs on its key trading partner Canada.The Gift Nifty futures GIFc1 we...Reuters
Fri, Jul 11
Forex
Japanese Yen dives back closer to weekly trough against a broadly firmer USD
The Japanese Yen (JPY) drifts lower against a broadly stronger US Dollar (USD) during the Asian session on Friday and remains on track to register weekly losses amid reduced bets for an immediate rate hike by the Bank of Japan (BoJ).
Fxstreet
Fri, Jul 11
Other
Panasonic To Postpone Production Plan For Its New Electric Vehicle Battery Factory In Kansas, Nikkei Reports
July 11 (Reuters) - Panasonic Holdings Corp 6752.T:PANASONIC TO POSTPONE PRODUCTION PLAN FOR ITS NEW ELECTRIC VEHICLE BATTERY FACTORY IN KANSAS, NIKKEI REPORTSSource text: [ID:]Reuters
Fri, Jul 11
Stocks
Japan's Nikkei reverses early gains as Fast Retailing tanks
By Junko Fujita TOKYO, July 11 (Reuters) - Japan's Nikkei share average reversed early gains to trade marginally lower on Friday as declines in Uniqlo-brand owner Fast Retailing erased gains in technology heavyweights.The Nikkei was down 0.1% to 39,595.96 as of 0158 GMT, after rising as much ...Reuters
Fri, Jul 11
Commodities
Exxon to halt Mars crude purchases until zinc contamination fixed, sources say
By Arathy Somasekhar HOUSTON, July 10 (Reuters) - Oil major Exxon Mobil XOM.N told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination issue is fixed, two sources familiar with the matter told Reuters on Thursday. Zinc contamination in the Mars crude ...Reuters
Fri, Jul 11
Other
Myanmar junta chief asks Trump for sharp reduction in 40% tariff rate
July 11 (Reuters) - Myanmar's ruling military general has asked U.S. President Donald Trump for a reduction in the 40% tariff rate on his country's exports to the U.S. and is ready to send a negotiation team to Washington if needed, state media reported on Friday.In a response to a letter fr...Reuters
Fri, Jul 11
Commodities
METALS-Copper prices rangebound as markets digest US tariff news, await clarity
By Hongmei Li SINGAPORE, July 11 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange were rangebound on Friday, easing from an initial shock of the U.S. announcement of a 50% import tariff effective August 1, as the market awaited further details. Three-mont...Reuters
Fri, Jul 11
Forex
Australian Dollar prepares to extend its winning streak despite a stronger US Dollar
The Australian Dollar (AUD) is poised to continue its winning streak for the fourth successive session against the US Dollar (USD) on Friday, after recovering its daily losses. However, the AUD/USD pair faced challenges following the introduction of new tariff actions by US President Donald Trump.
Fxstreet
Fri, Jul 11
Stocks
Stablecoin Drama: Ant Group Clarifies — The Market Gets It Instantly!
TradingKey - According to a Bloomberg report, Ant Group was planning to introduce Circle’s USDC stablecoin on its blockchain platform, as part of its broader strategy to bring more regulated crypto assets into its international business.
TradingKey
Fri, Jul 11
Stocks
GLOBAL MARKETS-Stock futures dip after Trump slaps tariffs on Canada; dollar gains
Asian stock markets : https://tmsnrt.rs/2zpUAr4Wall St futures skid 0.4% after Trump warns on EU, CanadaDollar up 0.3% on Canadian currency, euro off 0.2%Asian shares wobble, Nikkei off 0.1%By Stella Qiu SYDNEY, July 11 (Reuters) - U.S. and European stock futures dipped in Asia on Friday after Pr...Reuters
Fri, Jul 11
Indices
US Dollar Index gathers strength above 97.50 as Trump announces new tariffs
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to around 97.80 during the Asian trading hours on Friday after US President Donald Trump announces new tariffs and says that he plans to impose blanket duties of 15Fxstreet
Fri, Jul 11
Other
Civista Bancshares Prices 3.29 Million Common Shares At $21.25 Per Share
July 10 (Reuters) - Civista Bancshares Inc CIVB.O:CIVISTA BANCSHARES, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON SHARESCIVISTA BANCSHARES INC - OFFERING OF 3,294,120 COMMON SHARES AT A PRICE OF $21.25 PER SHAREReuters
Fri, Jul 11
Cryptocurrencies
Ethereum Surges Over 6% — Breaks $3,000 to Hit 5-Month High
On Friday, July 11, Ethereum (ETH) rallied 6.3%, briefly crossing the $3,000 mark for the first time since February 2, 2025. At press time, ETH is trading at $2,959, marking a strong recovery in the altcoin space.
TradingKey
Fri, Jul 11
Cryptocurrencies
Bitcoin Price Rockets to Record High — Bulls Celebrate Milestone
Bitcoin price started a fresh increase above the $110,500 zone. BTC is now up over 5%, traded to a new high, and extend gains above the $116,000 level. Bitcoin started a fresh increase above the $112,500 zone. The price is trading above $113,500 and the 100 hourly Simple moving average. There was a ...NewsBTC
Fri, Jul 11
Commodities
Immigration raids on California cannabis nurseries spark protests
ICE, National Guard, raid two licensed marijuana nurseriesGlass House Farms says it has complied with ICE search warrantsCannabis company says ICE also visited its facilities in JuneProtests grow after images of raid spread on social mediaFarm sector has warned deportation could cripple food supplyB...Reuters
Fri, Jul 11
Cryptocurrencies
Here’s Why The Bitcoin And Ethereum Prices Are Surging Today
The cryptocurrency market has witnessed a sharp rally, led by Bitcoin (BTC) and Ethereum (ETH), after a surprising macroeconomic catalyst. Reports reveal that following US President Donald Trump’s urgent call for an aggressive rate cut, the price of BTC and ETH, as well as several other cryptocurren...Bitcoinist
Fri, Jul 11
