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JGB curve steepens amid worries about Japan's financial health
TOKYO, April 11 (Reuters) - The yield curve on Japanese government bonds (JGBs) steepened on Friday as investors sold super-long maturities amid worries about Japan's financial health, as the country seeks measures to cope with the impact of U.S. tariffs.The 20-year JGB yield JP20YTN=JBTC rose 6...Reuters
Fri, Apr 11
Other
Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation
April 11 (Reuters) - Lucid Group Inc LCID.O:LUCID TO ACQUIRE SELECT FACILITIES AND ASSETS PREVIOUSLY BELONGING TO NIKOLA CORPORATION, WILL EXTEND OFFERS TO 300+ FORMER NIKOLA EMPLOYEESLUCID GROUP INC - TO OFFER EMPLOYMENT TO 300+ FORMER NIKOLA EMPLOYEESLUCID GROUP INC - TO TAKE OVER NIKOLA'S COO...Reuters
Fri, Apr 11
Other
RPT-EXCLUSIVE-From Daikin to Samsung, companies fight Modi over e-waste policy
Electronics firms protest India e-waste pricing mandateJapan's Daikin among companies suing India govt over measuresIndia sets pricing for recyclers to help sector, curb pollutionInformal sector handles most e-waste recycling in IndiaBy Aditya Kalra, Arpan Chaturvedi NEW DELHI, April 11 (Reu...Reuters
Fri, Apr 11
Commodities
GRAINS-Corn heads for biggest weekly gain since May 2023
CANBERRA, April 11 (Reuters) - Chicago corn futures rose on Friday and were on track for their biggest weekly gain in nearly two years after U.S. President Donald Trump paused some of his tariff increases and the U.S. Department of Agriculture (USDA) tightened its supply outlook.Soybean futures were...Reuters
Fri, Apr 11
Other
BP Expects Lower Upstream Production In 1Q25 Compared To 4Q24
April 11 (Reuters) - BP PLC BP.L:1Q25 BP TRADING STATEMENTEXPECTS LOWER UPSTREAM PRODUCTION IN 1Q25 COMPARED TO 4Q24EXPECTS NET DEBT TO INCREASE BY $4 BILLION IN 1Q25EXPECTS FLAT REALIZATIONS IN OIL PRODUCTION & OPERATIONS SEGMENT IN Q1FY REPORTED UPSTREAM PRODUCTION TO BE LOWER AND UNDERLYING U...Reuters
Fri, Apr 11
Other
AI can reduce loss ratios by 3%: BCG
By Aidan GregoryApril 11 - (The Insurer) - P&C insurers that embed AI across their workflows can unlock material competitive advantages including reducing loss ratios by around 3%, a report by U.S. management consultant Boston Consulting Group said on Friday.BCG said its AI work with U.S. and UK...Reuters
Fri, Apr 11
Stocks
Italy - Factors to watch on April 11
The following factors could affect Italian markets on Friday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.ECONOMYA week of turbulence unleashed by U.S. President ...Reuters
Fri, Apr 11
Technical Analysis
US Dollar Index Price Forecast: Hovers near descending channel’s lower boundary at 100.50
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, continues its decline for the second consecutive session, hovering around 100.40 during Friday’s Asian trading hours.Fxstreet
Fri, Apr 11
Stocks
India's chemical stocks gain as Trump delays reciprocal tariffs
** Chemical stocks jump as Donald Trump pauses reciprocal tariffs beyond 10% on most countries** Chemicals, accounting for 4.01% of India's exports to the U.S., was to take major hit from 26% tariffs on the country** PI Industries PIIL.NS, SRF SRFL.NS soar 6.3% and 4%, respectively; among top mi...Reuters
Fri, Apr 11
Economic Indicator
EXCLUSIVE-Shein gains UK approval for London IPO, awaits China nod, sources say
Shein gets UK regulator approval for London IPO - sourcesStill awaits green light from Chinese regulator -sourceMarket turmoil, 'de minimis' suspension may delay IPO timeline, complicate valuationBy Julie Zhu and Helen Reid HONG KONG/LONDON, April 11 (Reuters) - Online fast-fashion retail...Reuters
Fri, Apr 11
Economic Indicator
UK GDP rebounds 0.5% MoM in February vs. 0.1% expected
The UK economy expanded in February, with the Gross Domestic Product (GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period.
Fxstreet
Fri, Apr 11
Economic Indicator
UK economy grows 0.5% in February, official figures show
LONDON, April 11 (Reuters) - Britain's economy grew at a monthly pace of 0.5% in February, figures from the Office for National Statistics showed on Friday, well above economists' expectations in a Reuters poll for an expansion of 0.1%.Britain's economy grew by a lacklustre 1.1% last yea...Reuters
Fri, Apr 11
