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Chinese navy patrols South China Sea, says Philippines creating 'disturbances'
BEIJING/MANILA, April 30 (Reuters) - China's navy conducted a patrol in the South China Sea on Tuesday, saying that the Philippines has been creating "disturbances", as the Filipino and U.S. air forces conducted their own joint mission above the disputed waterway.China, which claims almo...Reuters
Wed, Apr 30
Economic Indicator
China's factory activity slows as US tariffs hit export orders
Caixin manufacturing PMI at 50.4 in April vs 51.2 in MarchNew export orders fall at sharpest pace since July 2023Job shedding worsens with downsizing, cost-saving efforts BEIJING, April 30 (Reuters) - China's factory activity slowed at the start of the second quarter, with a sharp fall in new...Reuters
Wed, Apr 30
Cryptocurrencies
Trump’s $1 billion Dubai Tower to accept cryptocurrency for condo sales
The Trump Organization is entering new turf in Dubai’s high-end real estate market. In a bold twist, the company will accept payments in cryptocurrency for condos in its new $1 billion project, Trump Tower Dubai. The modernist community on the site of an airport in the futuristic development is scheduled to start construction in 2025 […]Cryptopolitan
Wed, Apr 30
Stocks
Where Will Enterprise Products Partners Be in 3 Years?
Enterprise Products Partners (NYSE: EPD) is a leading player in the North American midstream sector. Using a toll-taker business model, the master limited partnership (MLP) tends to be a rather boring business.But that's a feature, not a bug, when you note that it has a well-above-market 6.8% distri...The Motley Fool
Wed, Apr 30
Economic Indicator
China's non-manufacturing activity slows in April, PMI shows
BEIJING, April 30 (Reuters) - China's non-manufacturing activity slowed in April, an official survey showed on Wednesday.The official non-manufacturing purchasing managers' index (PMI), which includes services and construction, slowed to 50.4 from 50.8 in March, according to the National Bur...Reuters
Wed, Apr 30
Economic Indicator
China's manufacturing activity falls in April, PMI shows
BEIJING, April 30 (Reuters) - China's manufacturing activity contracted in April, an official survey showed on Wednesday, reversing two months of recovery and keeping alive calls for further stimulus as Donald Trump's 145% tariffs called time on producers front-loading shipments. The officia...Reuters
Wed, Apr 30
Forex
FOREX-Dollar steady but vulnerable as tariff worries take hold
Dollar lifts slightly after latest Trump tariff back-trackEuro set for strongest monthly performance since November 2022Yen steady ahead of BOJ policy decision Investors await US advance GDP data By Ankur Banerjee SINGAPORE, April 30 (Reuters) - The U.S. dollar was steady on Wednesday but poised ...Reuters
Wed, Apr 30
Economic Indicator
China's NBS Manufacturing PMI contracts to 49 in April, Non-Manufacturing PMI dips to 50.4
China’s official Manufacturing Purchasing Managers' Index (PMI) contracted to 49 in April, compared to March’s 50.5. The reading came in below the market consensus of 49.9 in the reported month.
Fxstreet
Wed, Apr 30
Economic Indicator
BREAKINGVIEWS-China’s automakers will lead a race to the bottom
By Katrina Hamlin HONG KONG, April 30 (Reuters Breakingviews) - Donald Trump’s global trade war is set to heat up competition outside the world’s two largest auto markets, China and the United States. Yet both the People’s Republic and Detroit will share in the pain.Washington had locked Chinese ...Reuters
Wed, Apr 30
Stocks
President Trump Signed an Order That Could Send This Under-the-Radar Stock Soaring: Is it a Buy Now?
Beyond imposing tariffs or pressuring the Federal Reserve to slash interest rates, President Donald Trump's latest effort to strengthen America's economy has him turning his attention toward the ocean -- or rather, what's on the bottom of it. In a recently signed executive order, Trump directed the ...The Motley Fool
Wed, Apr 30
Other
Nuveen Credit Strategies Says Offer In Issuance Of 12.2 Million Common Shares; Subscription Price At $5.09 Per Common Share
April 29 (Reuters) - Nuveen Credit Strategies Income Fund JQC.N:NUVEEN CREDIT STRATEGIES INCOME FUND ANNOUNCES THE PRELIMINARY RESULTS OF RIGHTS OFFERINGNUVEEN CREDIT STRATEGIES INCOME FUND - SUBSCRIPTION PRICE SET AT $5.09 PER COMMON SHARENUVEEN CREDIT STRATEGIES INCOME FUND - OFFER EXPECTED TO RES...Reuters
Wed, Apr 30
