News
Important Only
Other
EU's Von der Leyen: Trump tariff pause will help stabilise global economy
BRUSSELS, April 10 (Reuters) - U.S President Donald Trump's dramatic decision to pause hefty tariffs on dozens of countries was an important step towards stabilising the global economy, European Commission President Ursula von der Leyen said on Thursday. Von der Leyen, who heads the EU&#...Reuters
Thu, Apr 10
Stocks
German carmakers rise in early trade after tariffs pause
** Shares in German automakers rise in early Frankfurt trade, swept up in global stocks markets rally after U.S. President Donald Trump paused tariffs for many countries, even if the announcement does not appear to affect duties on autos ** Trump also said he would raise the tariff on Chinese import...Reuters
Thu, Apr 10
Cryptocurrencies
Bitcoin Dips In Wake Of Tariff Wars — But Don’t Panic Yet, Says Analyst
The global tariff war sparked by US President Donald Trump’s blanket 10% tariff on all countries – effective April 5 – continues to escalate, sending shockwaves through global markets. In a sharp retaliation, China has announced an 84% tariff on US imports, following Washington’s move to...
Bitcoinist
Thu, Apr 10
Stocks
TSMC's first-quarter revenue surges 42%, slightly ahead of forecasts
TAIPEI, April 10 (Reuters) - TSMC 2330.TW, TSM.N, the world's largest contract chipmaker, said on Thursday that first-quarter revenue jumped 42%, slightly ahead of a market consensus, benefiting from the boom in artificial intelligence.
Reuters
Thu, Apr 10
Other
UK investors cut rate hike bets after Trump pauses some tariffs
LONDON, April 10 (Reuters) - Investors saw on Thursday slightly less chance of a Bank of England interest rate cut next month after U.S. President Donald Trump paused the implementation of many tariffs late on Wednesday, while pressing on with a higher rate for China.Interest rate futures priced in ...Reuters
Thu, Apr 10
Other
Reinsurers to re-evaluate loss scenarios after wildfires burn through Q1 budgets
By Scott VincentApril 10 - (The Insurer) - The wildfires that raged across Los Angeles in January provided (re)insurers with a renewed warning of the elevated risk landscape in which they now operate. With preliminary estimates of the industry loss now largely converging at $40 billion or more, the ...Reuters
Thu, Apr 10
Other
Euro area yields jump, markets scale back ECB rate cut bets as Trump pauses tariffs
By Stefano Rebaudo April 10 (Reuters) - Euro zone government bond yields jumped, spreads tightened, and markets scaled back their bets on European Central Bank rate cuts after the U.S. administration said it would temporarily lower U.S. tariffs to bring countries to the bargaining table. U.S. Pre...Reuters
Thu, Apr 10
Other
Mears Group Expects FY Adj PBT No Less Than 50 Mln Stg
April 10 (Reuters) - Mears Group PLC MERG.L:MEARS GROUP PLC: RECOMMENDING A FINAL DIVIDEND OF 11.25P, INCREASING FULL YEAR DIVIDEND BY 23% TO 16.00PMEARS GROUP PLC OUTLOOK 2025 REVENUE OF NO LESS THAN £1,050M & ADJUSTED PROFIT BEFORE TAX OF NO LESS THAN £50MMEARS GROUP PLC: FY PROFIT BEFORE TAX...Reuters
Thu, Apr 10
Other
Glass Lewis backs Generali CEO Donnet for another term
MILAN, April 10 (Reuters) - Proxy adviser Glass Lewis has recommended Generali GASI.MI investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24. Italy's biggest insurer investor Mediobanca MDBI.MI has put forward Donnet as a candidate as part of a slate of board n...Reuters
Thu, Apr 10
Other
Uniqlo operator Fast Retailing's Q2 profit jumped 33%, raises forecast
TOKYO, April 10 (Reuters) - The Japanese operator of Uniqlo said on Thursday its earnings soared 33% in its second quarter, the last period of calm before the U.S. imposition of import tariffs clouded the global clothing chain's aim for a fourth successive year of record profit.Fast Retailing 99...Reuters
Thu, Apr 10
Stocks
Sri Lankan shares eye best day in about two years after Trump's tariff pause
April 10 (Reuters) - Sri Lankan shares jumped over 5% on Thursday, set for their best day since July 2023, mirroring gains in the wider Asia market after U.S. President Donald Trump announced a 90-day pause on the hefty tariffs imposed on most nations.The CSE All Share .CSE index was last trading 5....Reuters
Thu, Apr 10
Other
Frontier bonds rally on Trump tariff pause, Sri Lanka adds more than 6 cents
LONDON, April 10 (Reuters) - International bonds issued by smaller, riskier emerging markets rallied on Thursday, after U.S. President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries. Sri Lanka's dollar-denominated bonds - which had been ...Reuters
Thu, Apr 10
Commodities
Anglo's Australian coal mine stable after underground fire
JOHANNESBURG, April 10 (Reuters) - Anglo American AAL.L said on Thursday the situation at its Moranbah North coal mine is stable and there is no evidence of damage after a fire outbreak underground.Moranbah is part of a suite of steelmaking coal assets that Anglo is selling to Peabody Energy BTU.N i...Reuters
Thu, Apr 10
Stocks
LIVE MARKETS-Before the bell: bouncing like in COVID times
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BEFORE THE BELL: BOUNCING LIKE IN COVID TIMES A 90-day reprieve on most new U.S. tariffs has triggered a global relief r...Reuters
Thu, Apr 10
