News
Important Only
Other
UK's discoverIE to move more production to US amid tariff woes
April 16 (Reuters) - Britain’s discoverIE DSCV.L said on Wednesday it will shift more production to the U.S. and pass on higher costs for its customised electronics amid concerns over Donald Trump’s tariffs . China and the United States, the world's two biggest economies, are locked ...Reuters
Wed, Apr 16
Stocks
3 Supercharged Growth Stocks You'll Regret Not Buying Amid Historic Stock Market Volatility
Over the last century, no asset class has come particularly close to outpacing the average annual return of the stock market. But just because stocks have proved to be a bona fide wealth creator, it doesn't mean there aren't hiccups along the way.Based on data from market insights firm Yardeni Resea...The Motley Fool
Wed, Apr 16
Forex
Pound rises against dollar; UK inflation slows more than expected
LONDON, April 16 (Reuters) - Sterling edged up against the dollar on Wednesday, as heightened uncertainty over the outlook for U.S. trade policy kept the U.S. currency under pressure across the board, while a batch of softer UK inflation data dented the pound against the euro.British inflation slowe...Reuters
Wed, Apr 16
Other
Malaysia's Employees Provident Fund seeks more exposure to other regions
SINGAPORE, April 16 (Reuters) - Malaysia's largest state pension fund, the Employees Provident Fund (EPF), said on Wednesday that it is actively seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio.($1 = 4.4160 ringgit)Reuters
Wed, Apr 16
Commodities
WTI drops to near $60.00 as US-China trade dispute continues to weigh on energy demand
West Texas Intermediate (WTI) Oil price continues its decline for the third consecutive session, losing over 1.00% and trading near $60.30 per barrel during early European hours on Wednesday.
Fxstreet
Wed, Apr 16
Other
PRESS DIGEST- New York Times business news - April 16
April 16 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Nvidia NVDA.O said on Tuesday that the U.S. government had blocked the sale of some of its artificial intelligence chips to Chin...Reuters
Wed, Apr 16
Commodities
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.29 per barrel, down from Tuesday’s close at $61.01. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.66 after its previous daily close at $64.36.Fxstreet
Wed, Apr 16
Cryptocurrencies
Tariff Shadows Loom! Miners Frenziedly Sell Off Bitcoin, While Listed Companies Defy the Trend and Boldly Increase Holdings!
Tariffs are changing the flow of cryptocurrency. Miners are selling Bitcoin like crazy, while public companies are buying in large amounts.
TradingKey
Wed, Apr 16
Stocks
European semiconductors slip after blow from Nvidia, ASML
** European semiconductor companies slip after double whammy from Nvidia and ASML** Nvidia NVDA.O said it faces $5.5 billion in charges after the U.S. government limited exports of its chip sales to China** ASML ASML.AS, the world's biggest supplier of computer chip-making equipment, reported Q1...Reuters
Wed, Apr 16
Stocks
1 Brilliant Nasdaq Index Fund to Buy Now That Soared 360% in the Last Decade
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has fallen sharply as President Donald Trump has pushed for radical changes in U.S. trade policy. The technology-heavy index closed in correction territory on March 6, and it closed in bear market territory on April 4. But history says that this creates a bu...The Motley Fool
Wed, Apr 16
Forex
UK inflation slows before expected jump from April
UK CPI slows to 2.6% in March from February's 2.8%Services inflation 4.7% vs 4.8%Price rises weaker than BoE forecast Expert say March drop is 'calm before storm' Markets see 86% chance of a May rate cutBy Suban Abdulla and William SchombergLONDON, April 16 (Reuters) - British inflation ...Reuters
Wed, Apr 16
Other
Ferrari will continue to invest in petrol, hybrid and EV powetrains, CEO says
MILAN, April 16 (Reuters) - Luxury sportscar maker Ferrari RACE.MI will continue to develop petrol, hybrid and full-electric vehicles, its Chief Executive Bendetto Vigna said on Wednesday during the company's annual shareholders' meeting."Indeed ... we continue to invest in all three pow...Reuters
Wed, Apr 16
Stocks
Claimed Social Security Too Early? Here's Some Good News.
Waiting until full retirement age to sign up for Social Security means avoiding a reduction to your monthly benefits. If you're someone who expects to be pretty reliant on Social Security for retirement income, that's an important thing.But it's not always so easy to sit tight on Social Security unt...The Motley Fool
Wed, Apr 16
Economic Indicator
FACTBOX-Global banks cut China growth forecasts as trade war deepens
SHANGHAI, April 16 (Reuters) - Global investment banks are lowering their projections for China's economic growth this year as U.S. President Donald Trump's aggressive tariffs are expected to take a heavy toll on the world's second-largest economy.Some of the banks had upgraded their for...Reuters
Wed, Apr 16
Other
China says 'wanton' use of force will not make America great again
BEIJING, April 16 (Reuters) - The Chinese defence ministry said on Wednesday that "wanton" use of force will not make America great again, following U.S. accusations of Chinese aggression and reports of higher U.S. defence spending in 2026."The sky-high defence budget exposed once again ...Reuters
Wed, Apr 16
Stocks
EMERGING MARKETS-Stocks fall on tariff woes, baht near 6-month high
MSCI emerging Asia stocks fallStocks in Malaysia and the Philippines fallThai baht rallies to near 6-month highOther Asian currencies tick higherBy Sameer Manekar April 16 (Reuters) - Stock markets in emerging Asia fell on Wednesday, snapping a four-day winning streak, as U.S. curbs on some Nvidi...Reuters
Wed, Apr 16
Cryptocurrencies
Bitcoin Bulls Positioning Aggressively On Binance, Data Shows
Data shows the Bitcoin Net Taker Volume has been highly positive on Binance recently, a sign that the bulls are putting up aggressive bets. Bitcoin Binance Net Taker Volume Is Currently At A Notable Positive Level As explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin tak...NewsBTC
Wed, Apr 16
Commodities
Japan's NHK Spring To Reconsider Plans To Cut Auto Parts Production In U.S. In Response To Tariffs, Nikkei Reports
April 16 (Reuters) - NHK Spring Co Ltd 5991.T:JAPAN'S NHK SPRING TO RECONSIDER PLANS TO CUT AUTO PARTS PRODUCTION IN U.S. IN RESPONSE TO TARIFFS, NIKKEI REPORTSSource text: https://www.nikkei.com/article/DGXZQOUC161F00W5A410C2000000/Reuters
Wed, Apr 16
Other
FCC Unit To Operate Urban Solid Waste Transfer Station In Minneapolis
April 16 (Reuters) - Fomento de Construcciones y Contratas SA FCC.MC:UNIT WINS CONTRACT TO OPERATE URBAN SOLID WASTE TRANSFER STATION IN THE SOUTH OF MINNEAPOLISSERVICE IS EXPECTED TO LAST UP TO FIVE YEARS WITH AN ASSOCIATED PORTFOLIO OF UP TO $8.3 MILLIONSource text: https://tinyurl.com/kf76kepnReuters
Wed, Apr 16
