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Kia worried about lower car demand from second half due to US tariffs
SEOUL, April 25 (Reuters) - Kia Corp 000270.KS said on Friday that vehicle demand would increase in the April-to-June period as U.S. consumers were expected to bring forward purchases to avoid higher prices stemming from U.S. tariffs.But the South Korean automaker added it was worried that demand wo...Reuters
Fri, Apr 25
Other
Samsung SDI says tariffs expected to raise production costs of US-made batteries
SEOUL, April 25 (Reuters) - South Korea's Samsung SDI 006400.KS said on Friday U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries produced in the United States, as many battery materials and components are imported.Reuters
Fri, Apr 25
Cryptocurrencies
China to suspend its 125% tariffs on US as central bank injects cash into the economy
China is preparing to roll back its 125% tariffs on certain US imports, including medical equipment, ethane, and aircraft leasing, according to a report from Bloomberg, which cited anonymous sources. The decision is being discussed inside Beijing as both economic pressure and trade friction intensify. Officials involved are also allegedly reviewing a full waiver for […]Cryptopolitan
Fri, Apr 25
Economic Indicator
US Dollar Index rebounds above 99.50 on US trade talks progress
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 near 99.75 during the early European session on Friday amid positive developments in negotiations with allies India, Japan and South Korea.Fxstreet
Fri, Apr 25
Technical Analysis
Tether expands reach with Juventus acquisition and new Bitcoin-native public company launch
Tether announced on Thursday that it had acquired additional shares in Juventus Football Club, bringing its total stake to over 10.12% and representing 6.18% of voting rights.Fxstreet
Fri, Apr 25
Forex
FOREX-Dollar climbs at end of wild week on signs of easing in Sino-US trade tensions
Dollar jumps after report China weighing U.S. tariff exemptionsBeijing denied Trump assertion that direct talks are underwayU.S. negotiations with allies Japan, South Korea making progressDollar on course to snap four-week losing runBy Kevin Buckland TOKYO, April 25 (Reuters) - The dollar jumped ...Reuters
Fri, Apr 25
Other
NBA-Bryant debut Lakers jersey sells for $7 million
April 25 (Reuters) - A Kobe Bryant jersey worn during his Los Angeles Lakers pre-season and regular-season debuts was sold for $7 million at Sotheby's in New York City on Thursday, the auction house said.The jersey was photo-matched to seven games of his 1996-97 rookie season including his Octob...Reuters
Fri, Apr 25
Economic Indicator
JGB yields rise as strong Tokyo inflation revives BOJ rate hike expectations
TOKYO, April 25 (Reuters) - Japanese government bond (JGB) yields rose across the curve on Friday after Tokyo's inflation hit a two-year high, reviving bets for the Bank of Japan's interest rate hikes. The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.35%, its highest since A...
Reuters
Fri, Apr 25
Stocks
7-Eleven owner says will need to cut costs as US tariffs hit consumer confidence
TOKYO, April 25 (Reuters) - Seven & I Holdings 3382.T, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in costs as U.S. consumers grapple with the impact of U.S. tariffs.Reuters
Fri, Apr 25
Stocks
China, Hong Kong stocks head for second week of gains on tariff relief
HONG KONG, April 25(Reuters) - China and Hong Kong stocks rose on Friday and were heading towards second consecutive weekly gains, as sentiment stabilized after White House toned down its harsh stance on China despite no signal of concrete progress on trade deals.
Cryptocurrencies
The Mag 7 have lost their touch – Wall Street might need some new blood
The Magnificent 7 are falling apart, and Wall Street needs new players to fill the gap. That’s the state of things right now, as the top seven tech names—Microsoft, Apple, Alphabet, Tesla, Amazon, Nvidia, and Meta Platforms—fail to carry the market the way they did in the past. According to CNBC, their equal-weighted fund, the […]Cryptopolitan
Fri, Apr 25
Other
France's Safran says revenues rise 17% in first quarter, confirms targets
PARIS, April 25 (Reuters) - French jet engine maker Safran SAF.PA on Friday reported a stronger-than-expected rise in first-quarter revenues and said it was confident of hitting full-year targets, excluding any tariff impact.Safran, which also makes landing gear, brakes and cabin interiors, said rev...Reuters
Fri, Apr 25
Cryptocurrencies
Michael Saylor says BlackRock’s Bitcoin ETF will be the world’s largest ETF ever
At the Bitcoin Standard Corporations Investor Day held in New York City on Thursday, Michael Saylor, Executive Chairman of MicroStrategy, told a room packed with corporate executives and institutional investors that BlackRock’s Bitcoin ETF, also called IBIT, will outgrow every ETF on the planet within ten years. “IBIT is going to be the largest ETF […]Cryptopolitan
Fri, Apr 25
Cryptocurrencies
Solana (SOL) Holding Strong Above $150 — Breakout Zone In Play
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135 and $150 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple mo...NewsBTC
Fri, Apr 25
Economic Indicator
Indonesia wants 'fair and square' trade in US tariff talks
Indonesia wants "fair and square" relationship with U.S. Higher U.S. imports by Indonesia will not negatively impact other nationsTechnical discussions with U.S. to take place within next 2 weeks By Gayatri Suroyo and Stefanno Sulaiman JAKARTA, April 25 (Reuters) - Indonesia is prioritisi...Reuters
Fri, Apr 25
Other
Hyundai Motor launches tariff task force, shifts some Mexico output to the US
Tuscon crossovers formerly made in Mexico are now made in the USTask force to look at sourcing more parts from the USReports 2% rise in first-quarter operating profit on weaker wonReaffirms annual earning guidance By Hyunjoo Jin, Joyce Lee and Heekyong Yang SEOUL, April 24 (Reuters) - Hyundai Mo...Reuters
Fri, Apr 25
Cryptocurrencies
Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed how the large Bitcoin investors have been buying during this price rally so far. Accumulation Trend Score Suggests Strong Buying From Mega Whales In a new post on X, Glassnode has discussed about how the Accumulation Trend Score has changed for the ...NewsBTC
Fri, Apr 25
