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US President Trump clarifies 20% tariffs on Chinese imports of semiconductors, electronics
Late Sunday, US President Donald Trump took to his own social media application, Truth Social, and clarified that there will be no tariff exemption on semiconductors and the electronics supply chain, as these products will be subject to the existing 20% tariffs on fentanyl and not the 145% hike.
Fxstreet
Mon, Apr 14
Cryptocurrencies
Bitcoin’s Last Drawdown To $74,000 A ‘Healthy Correction’ — Analyst Says Bull Cycle Is Still On
The price of Bitcoin has found its way back above the $85,000 mark, marking a huge success in the recovery from the coin’s latest slump toward $74,000. According to an on-chain analyst, this recent correction might not be as ominous as initially thought and could be part of a broader bull cycle.
NewsBTC
Mon, Apr 14
Economic Indicator
Japan braces for talks on yen, BOJ in trade negotiatons with US
TOKYO, April 11 (Reuters) - Japan is gearing up for trade negotiations with the United States that will likely touch on the thorny topic of currency policy, with some officials privately bracing for Washington to call on Tokyo to prop up the yen.
Reuters
Mon, Apr 14
Economic Indicator
UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says
LONDON, April 14 (Reuters) - Britain's biggest companies adopted their most defensive stance since early 2020 in the run-up U.S. President Donald Trump's April 2 tariff announcements and focused on boosting cashflow, cutting costs and reducing borrowing, a survey showed on Monday.Reuters
Mon, Apr 14
Other
Trump-appointed official who oversaw dismantling of USAID leaves State Department
Trump administration has moved to fire nearly all USAID staffMarocco may have been pushed out of roleCuts have thrown humanitarian efforts into turmoilBy Humeyra Pamuk April 13 (Reuters) - Pete Marocco, the Trump administration official who played a major role in dismantling the U.S. Agency for I...Reuters
Mon, Apr 14
Cryptocurrencies
DOGE AND SHIBA INU GAIN HOLDERS — BONK AND PEPE RALLY BEHIND
In the latest shift of the meme coin market, DOGE and SHIBA INU are once again gaining holders, signaling a revival of interest in the meme sector of crypto. Meanwhile, BONK and PEPE are staging their own rallies — but there’s a new viral memecoin quickly stealing the spotlight: MAGACOIN FINANCE. With Stage 6 SOLD […]Cryptopolitan
Sun, Apr 13
Other
China's Xi calls for greater cooperation with Vietnam
BEIJING, April 14 (Reuters) - Chinese President Xi Jinping called for stronger cooperation with Vietnam in industrial supply chains and wider collaboration in emerging fields, the Chinese foreign ministry said on Monday.Xi said it is necessary to strengthen coordination and cooperation through regio...Reuters
Sun, Apr 13
Other
Golf-McIlroy wins Masters to complete career Grand Slam
AUGUSTA, Georgia, April 13 (Reuters) - Rory McIlroy beat Justin Rose on the first hole of a sudden-death playoff at the Masters on Sunday to become the sixth player, and first European, to complete the career Grand Slam of golf's four majors.Reuters
Sun, Apr 13
Economic Indicator
Germany’s Merz: US President Trump’s policies are increasing the risk of next financial crisis
In a Handelsblatt interview on Saturday, German Chancellor-in-waiting Friedrich Merz said, US “President Trump’s policies are increasing the risk that the next financial crisis will hit sooner than expected.”
Fxstreet
Sun, Apr 13
Other
Second round of US-Iran nuclear talks expected in Rome, Axios reports
April 13 (Reuters) - A second round of nuclear talks between the United States and Iran are expected to take place on Saturday in Rome, Axios reported on Sunday, citing two sources with knowledge of the issue.Reuters
Sun, Apr 13
Stocks
RPT-Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say
SHANGHAI, April 11 (Reuters) - Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States. Two investor sources said a sof...Reuters
Sun, Apr 13
Other
Golf-McIlroy and Rose headed to Masters playoff
By Frank PingueAUGUSTA, Georgia, April 13 (Reuters) - Rory McIlroy and Justin Rose were headed into a sudden-death playoff to decide the Masters champion after they finished tied on 11 under at the end of regulation on Sunday.McIlroy missed a five-foot par putt at the 18th to drop into a share of t...Reuters
Sun, Apr 13
Economic Indicator
Fed’s Kashkari: Recession prospects depend on speed of trade deals
Neel Kashkari, Minneapolis Federal Reserve (Fed) President, said in a CBS ‘ Face the Nation show on Sunday that recession prospects from President Trump’s trade war will be determined by whether there are “quick resolutions” to trade uncertainties with major trading partners.Fxstreet
Sun, Apr 13
Stocks
Amazon and Alphabet Bet Big on AI. Why History Says It's Time to Buy Both Stocks
While Microsoft has backed off some leases recently with its data center buildout, both Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) look prepared to go full steam ahead.Microsoft still plans to spend around $80 billion on infrastructure capital expenditures (capex) for artifici...The Motley Fool
Sun, Apr 13
